Verizon in the spotlight, Kohl's down, Redfin under pressure

Fri, May 11, 2018, 2:40 PM

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

Verizon (VZ): Shares are up in early trade, around 4%. The telecommunications conglomerate was upgraded to Overweight from Neutral at JPMorgan Securities after the firm met with CEO Lowell McAdam on Thursday.

Kohls (KSS): Shares are down here, around 1.5%. Credit Suisse downgraded the retailer’s stock to Neutral from Outperform, noting that cold weather impacted first quarter results for the industry in general.

Redfin (RDFN): Shares are down, around 4.7%. The online real estate brokerage matched Street forecasts with a quarterly loss of 44 cents per share, with revenue topping estimates. However, shares of the company are being pressured by weaker-than-expected gross margins.

For more on today’s big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.

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Verizon in the spotlight, Kohl's down, Redfin under pressure

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