CREE - Hot Stocks: CREE downgrade CNC rumors; FORG keeps rising; CURI climbs on positive comment
Friday's midday action saw its share of bright spots despite weakness in the overall markets. Gainers included Centene (NYSE:CNC), which climbed in the wake of takeover speculation. Meanwhile, ForgeRock (NYSE:FORG) continued its post-IPO advance, building on gains posted in its debut session the day before. At the same time, BeiGene (NASDAQ:BGNE) held gains in intraday action as the company got a step closer to a regulatory approval in Europe. CuriosityStream (NASDAQ:CURI) was another big gainer in intraday action. Shares jumped on a positive analyst comment. On the other hand, Cree (NASDAQ:CREE) lost ground in the wake of an analyst downgrade. Gainers Centene (CNC) got a boost in midday trading amid speculation that it could be a takeover target for Humana (NYSE:HUM). StreetInsider stirred the rumors, pointing to chatter about a Humana private jet that was reported near Centene's home city. The speculation sent CNC higher by about 4%. Meanwhile, ForgeRock (FORG)
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Hot Stocks: CREE downgrade, CNC rumors; FORG keeps rising; CURI climbs on positive comment