OCGN - Hot Stocks: BAC MS climb on earnings; WFC drops; CAR downgrade; OCGN jumps on potential vaccine approval

Earnings from the financial sector provided a key theme in Thursday's midday trading. Stocks saw a mixed response to the latest releases. Bank of America (NYSE:BAC) and Morgan Stanley (NYSE:MS) rose following their respective reports. However, Wells Fargo (NYSE:WFC) slipped in intraday action despite earnings that topped expectations. Outside of the financial space, Ocugen (NASDAQ:OCGN) experienced substantial buying interest. The stock posted a midday double-digit percentage increase on potential approval for its COVID vaccine. Elsewhere, Avis Budget (NASDAQ:CAR) slipped further off of recent highs following a skeptical report issued by Morgan Stanley. Gainers Bank of America (BAC) reported a quarterly profit that beat expectations as the banking giant renewed its organic growth amid still-low rates. Revenue rose 12% to $22.8B. BAC climbed more than 3% on the news in midday action. Meanwhile, Morgan Stanley (MS) posted Q3 net income growth of 37%, boosted by acquisitions and strength in investment banking. The

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Hot Stocks: BAC, MS climb on earnings; WFC drops; CAR downgrade; OCGN jumps on potential vaccine approval