The relief rally rolls on as stocks are up Day 2. Plus, we go live to Augusta for the Masters where the Tiger effect has business booming. And it’s another big move for JAB in coffee. Is the beverage sector piping hot for another merger? Plus, how do we grade Trump after a big week for him and the markets? Rick Newman has the answer. Catch The Final Round at 3:55 ET p.m. with Jen Rogers, Myles Udland and Dan Roberts.
Winners and losers
Conatus Pharmaceuticals after revealing its experimental cirrhosis treatment didn’t meet primary endpoint, Northern Oil & Gas down after disclosing plans to offer $88M in common shares, and Under Armour – shares dropping as Susquehanna reiterated its ‘negative’ rating claiming the company won’t be able to meet its full-year gross margin and EPS guidance.
Stocks in the green include Facebook as CEO Mark Zuckerberg says there’s no significant impact from the Delete Facebook movement; AMD as Stifel upgraded the chipmaker to ‘buy,’ citing valuation after a recent selloff and margin expansion due to new product releases; and Spotify, with shares getting a boost as Stifel Nicolaus initiated coverage with a ‘buy’ rating, citing Spotify’s dominant position in the industry.