Morning Movers: General Mills slips following second quarter results

Check out this morning’s top movers from around Wall Street, compiled by The Fly. 

HIGHER –

• Netgear (NTGR) and F5 Networks (FFIV) up 17% and 1%, respectively, after The Wall Street Journal reported that U.S. authorities are investigating a Chinese company whose home-internet routers have been linked to cyberattacks poses a national-security risk and are considering banning the routers
• Ollie’s Bargain Outlet (OLLI) up 3% after Citi double upgraded the stock to Buy from Sell with a price target of $133, up from $64

UP AFTER EARNINGS –

• Jabil (JBL) up 9%
• Birkenstock (BIRK) up 7%
• Organigram (OGI) up 6%

DOWN AFTER EARNINGS –

• General Mills (GIS) down 4%
• ABM (ABM) down 1%
• Heico (HEI) down 5%

LOWER –

• Rivian Automotive (RIVN) down 1% after Baird downgraded shares to Neutral from Outperform with a price target of $16, down from $18