Thursday, June 12, 2014

Morning Movers: Tesla Pops on Safety Rating; CalAmp Drops on Earnings Miss

My guess is that few traders are at their desks this morning–there’s almost no one at Barron’s office either–and stocks reflect that. Some, like Tesla (TSLA) and CalAmp (CAMP), are seeing sizable  news-related moves.

Agence France-Presse/Getty Images

The S&P 500 and the Dow Jones Industrial Average are both little changed this morning after hitting record highs yesterday.

CalAmp (CAMP) has dropped 8.6% to $27.56 in pre-open trading after its earnings missed Wall Street forecasts.

Tesla Motors (TSLA) has risen 4.1% to $143.55 after its five-star safety rating was reiterated by the National Highway Traffic Safety Administration.

Heartland Express (HTLD) has dropped 2.2% to $19.12 after it was cut to Hold from Buy at Stifel Nicolaus.

Allergan (AGN) was upgraded to Outperform from Market Perform at Wells Fargo.

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