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Ethan Allen Shares Take Hit After Downgrade

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  • Description

    FBN’s Nicole Petallides breaks down the day in the markets.

  • Duration 1:35
  • Date

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So called because apple represents 4% of the S&P 500 we do have read on the strength.

About one of the biggest winners at least for the week JC Penney up 15% gain.

I know I was just looking at that you know JC Penney has been under so much scrutiny because they -- -- promotion.

-- Ron Johnson came on board and tried to do it.

As ways of apple and -- that apple basically just saying -- great products at low prices all the time.

-- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- -- But the most of the people I -- himself against tent city upside.

You know Ethan Allen has had a pretty decent story -- manufacturing in the US and they're selling US products to China.

But it took a hit today that got a downgrade here market spooked about this.

The -- simple -- downgraded even now on some of the things that they talked about what actually concerns about the fiscal -- and shoppers being worried about that and and consumer confidence higher taxes they actually noted all of these things and so we -- the announcement this -- Let's talk Best Buy for second great news yesterday but today's losses pretty much.

Cancel out yesterday's game crowd -- -- as everything topped out that's the kind of accidentally.

Turning my back every headline hundreds of soldiers taken -- -- -- taking everything into.

I think haven't announced investments upset the apple founder has.

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