Michael Kors jumps on Citi upgrade, Microsoft up slightly, Tempur-Sealy skyrockets
Let’s check out the Yahoo Finance charts of the day.
Michael Kors (KORS): The luxury retailer was upgraded by Citi to a “buy” rating on its steady quarterly earnings wins. Citi said the recent acquisition of Versace “brings uncertainties” but added that “Versace seems to be on the rise” and Kors did not overpay.
Microsoft (MSFT): Several new products were announced by the tech company during a press conference in New York on Tuesday, including a new Surface Pro 6 tablet.
Tempur-Sealy (TPX): Shares of the mattress company soared on a Reuters report that Mattress Firm is prepared to file for bankruptcy.
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