The Dow Is Up 197 Points Because the Trade Script Flipped Today

This article was originally published on this site

Midday Movers

Expedia Group (ticker: EXPE) jumped 6% after the travel-booking company announced that its CEO and chief financial officer were leaving the company, effective immediately, after a disagreement with the board over strategy.

L Brands (LB) rose 6.7% as investors reacted positively to data showing strong retail sales in the first holiday shopping week and rising hedge fund stakes in the stock.

A host of energy stocks rose as the price of oil gained more than 4% after OPEC appeared set to agree to production cuts: Pioneer Natural Resources (PXD) was up 5.4%; Noble Energy (NBL) rose 5.6%; Devon Energy (DVN) gained 5.1%; Diamondback Energy (FANG) was up 5%; and EOG Resources (EOG) rose 5.5%. (CRM) fell 3.7% after the company delivered lower-than-expected earnings guidance for the fourth quarter.

Write to Ben Walsh at