Big Movers: Bank of America, Herbalife, Microvision, and Pandora
Bank of America was the No. 1 traded stock on the NYSE today, after the bank received a downgrade from Atlantic Equities. Many investors are hoping to see a dividend increase from the bank following the banking stress test results later this week, but after the first round of stress test results didn't come out in Bank of America's favor nearly as strongly as many had hoped, the dividend raise may now be in question.
Shares of Herbalife rose today after the company agreed to nominate three of Carl Icahn's designees to its board of directors. Microvision was also up big today, after the tiny tech company announced a deal with UPS. And Pandora stock took a hit today, just two days after the Internet radio giant announced it will raise subscription fees because of the rising cost of music.
In this segment from Monday's Investor Beat, host Chris Hill and Motley Fool analysts Matt Argersinger and Taylor Muckerman take a look at four stocks making moves on the market today.
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The article Big Movers: Bank of America, Herbalife, Microvision, and Pandora originally appeared on Fool.com.Chris Hill, Matthew Argersinger, and Taylor Muckerman have no position in any stocks mentioned. The Motley Fool recommends Bank of America, Pandora Media, and UPS, owns shares of Bank of America and Pandora Media, and has options on Herbalife. Try any of our Foolish newsletter services free for 30 days. We Fools don't all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
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