Today's stocks to watch in the news include Horizon Pharma PLC (HZNP), Delta Air Lines, Inc. (DAL), and Mattress Firm Holding Corp (MFRM)
U.S. stocks are up as traders continue to cheer last week's upbeat jobs report. Among equities in focus today are biotech Horizon Pharma PLC (NASDAQ:HZNP), airline stock Delta Air Lines, Inc. (NYSE:DAL), and mattress retailer Mattress Firm Holding Corp (NASDAQ:MFRM).
- DAL was down more than 4% in pre-market trading, after a global computer system outage forced the airline to temporarily delay or cancel flights, leaving thousands of customers stranded. However, DAL has since clawed 0.3% higher to sit at $37.79, after the ground stop was lifted. Delta Air Lines, Inc. has had a rough year so far, down 25.7% since the beginning of 2016, touching an annual low of $32.60 in late June. Currently, nine out of 10 analysts rate DAL a "buy" or better, leaving the door wide open for a slew of downgrades to pressure the stock lower.
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