High-Profile Drug Stock Gets "Sell" Rating

The payments sector is in focus today amid major M&A activity

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MIDDAY MARKET CHECK     5/28/2019
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Visa Leads Dow as Stocks Pare Early Upside By Josh Selway Share On The Dow Jones Industrial Average (DJI) has pared its earlier gains, with stocks unable to maintain their positive momentum following downbeat trade comments from U.S. President Donald Trump in Japan. Visa (V) is the top Dow performer at midday, as payments stock rally in response to a big merger -- but the S&P 500 Index (SPX) is hovering around breakeven as investors monitor the sharp decline in Treasury yields. Elsewhere, the Nasdaq Composite (IXIC) is trading in positive territory thanks to strength in the tech sector. Continue reading for more on today's market, including:  Expansion news boosts Beyond Meat stock. Goldman says to sell this big-name drugmaker. Plus, AMD bulls emerge on product unveiling; a $21.5 billion M&A deal; and Teva shares sink to new low. >> Continue reading...
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