Bank of America (NYSE: BAC ) was the No. 1 traded stock on the NYSE today, after the bank received a downgrade from Atlantic Equities. Many investors are hoping to see a dividend increase from the bank following the banking stress test results later this week, but after the first round of stress test results didn't come out in Bank of America's favor nearly as strongly as many had hoped, the dividend raise may now be in question.
Shares of Herbalife (NYSE: HLF ) rose today after the company agreed to nominate three of Carl Icahn's designees to its board of directors. Microvision (NASDAQ: MVIS ) was also up big today, after the tiny tech company announced a deal with UPS. And Pandora (NYSE: P ) stock took a hit today, just two days after the Internet radio giant announced it will raise subscription fees because of the rising cost of music.
In this segment from Monday's Investor Beat, host Chris Hill and Motley Fool analysts Matt Argersinger and Taylor Muckerman take a look at four stocks making moves on the market today.
The biggest change you never saw coming
Do you hate your bank? If you're like most Americans, probably so. While that's not great news for consumers, it certainly creates opportunity for savvy investors. That's because there's a brand-new company that's revolutionizing banking, and is poised to kill the traditional brick-and-mortar banking model. And amazingly, despite its rapid growth, this company is still flying under Wall Street's radar. For the name and details on this company, click here to access our new special free report.