Hilton up on offering, plus Wall Street wary of GE

Let’s check out the Yahoo Finance charts of the day.

Hilton (HLT): Shares getting a boost here, up around 4%. The hotel chain priced a secondary offering at $73 per share. China’s HNA Group – Hilton’s largest shareholder – is selling the shares, and the Journal reports HNA will net roughly $2 billion from its investment in Hilton, made two years ago.

GE (GE): Shares are recovering. In a research note, Cowen warns investors to avoid GE ahead of an upcoming earnings restatement on April 20, a ‘probable’ Q1 earnings miss, and an endangered dividend.

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.

 

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