Abbvie under pressure, AutoNation posting higher, E-Trade surges
Let’s check out the Yahoo Finance charts of the day.
Abbvie (ABBV): Abbvie is being sued by an insurance regulator in California for allegedly giving kickbacks to health-care providers for prescribing Humira, an arthritis drug.
AutoNation (AN): The company’s CEO, Mike Jackson, will step down from his role in 2019 to become the company’s executive chairman. AutoNation is searching for its next chief executive.
E-Trade (ETFC): The online broker’s stock was upgraded to Buy from Hold, citing an attractive valuation as well as the company’s scale and revenue diversity at a time when competition in the space is heating up.
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.