Amazon drops, Sketchers tumbles, GE takes a dive

Let’s check out the Yahoo Finance charts of the day.

Amazon (AMZN): Beginning November 1, Amazon announced that it is increasing its minimum wage to $15 per hour for all US workers.

Skechers (SKX): The shoe company was downgraded to Neutral from Buy at Citi, which is concerned about domestic sales growth as well as increased expenses.

GE (GE): RBC Capital raised its rating of GE to Outperform from Sector perform for GE shares, citing the successful track record of its newly installed chief executive.

For more on today’s big stock movers check out the Final Round, live at 3:30 p.m. ET, right here on Yahoo Finance

Source link

Leave a Reply

Your email address will not be published.