Let’s check out the Yahoo Finance charts of the day.
Amazon (AMZN): Shares are up in early trade, at around 1%. Noting strong growth prospects, Canaccord Genuity raised Amazon’s price target to $2,000 per share. Among the “FANG” stocks, the firm calls Amazon “the most robust and durable,” although it notes that the “FANG” stocks are trading at a multiple that’s low by historical standards but high compared to the past eight years.
Papa John’s (PZZA): Shares up here around 10.5%. The founder of the pizza restaurant chain, John Schnatter, resigned from his position as a chairman of the board of directors, just hours after he apologized for using a racial slur during a company conference call in May of this year. The company said it plans on replacing him in the coming weeks.
Walmart (WMT): Shares up here, at around .42%. According to a report in Japan’s Nikkei business daily, Walmart has decided to sell Japanese supermarket chain Seiyu and has already approached major retailers and private equity funds.
For more on today’s big stock movers check out the Final Round, live at 3:55 p.m. ET, right here on Yahoo Finance.