HOOD - Hot Stocks: SNOW HOOD move on analyst comments; LNDC earnings; MO PM lose ruling; RIDE close to selling facility
Analyst comments was a key talking point during Thursday's midday trading. Snowflake (NYSE:SNOW) gained ground on an upgrade, while a negative note sent Robinhood (NASDAQ:HOOD) lower. Elsewhere in the market, Lordstown Motors (NASDAQ:RIDE) got a boost from a report that it is close to selling a factory to Foxconn Technology Group (OTC:FXCOF). Focusing on some of the day's biggest losers, an unfavorable regulatory ruling sparked losses in Altria (NYSE:MO) and Philip Morris (NYSE:PM). Meanwhile, Landec (NASDAQ:LNDC) also showed significant midday weakness following the release of disappointing financial figures. Gainers Snowflake (SNOW) received a lift from a BTIG upgrade. The firm upped its rating on the stock from Neutral to Buy, pointing to bullish customer checks. SNOW rose about 2% in midday trading. Lordstown Motors (RIDE) also drew buying interest in intraday action. The stock advanced nearly 8% after Bloomberg reported a potential deal to sell a factory in Ohio to
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Hot Stocks: SNOW, HOOD move on analyst comments; LNDC earnings; MO, PM lose ruling; RIDE close to selling facility