Market Movers Today: AES Corp (AES), Wyndham Worldwide Corporation (WYN), CBS Corporation (CBS), and More

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Blue Apron Holdings Inc (NYSE:APRN) (The Motley Fool)
What happened: Shares of Blue Apron Holding Inc (NYSE:APRN) were surging today after JPMorgan Chase disclosed that it had increased its stake in the struggling meal-kit provider. In a filing, the big bank revealed that it now owns 13.8% of Blue Apron stock, up from 11.2% in July. As of 12:24 p.m. EST, shares were up 2.8%.

M&T Bank Corporation (NYSE:MTB) (CNBC)
M&T Bank – The bank announced it would raise wages for employees as a result of tax reform. The bank said it was making the move in anticipation of an improvement in profits stemming from the new tax law.

Diffusion Pharmaceuticals Inc (NASDAQ:DFFN) (Benzinga)
Diffusion Pharmaceuticals Inc (NASDAQ:DFFN) fell 37 percent to $0.70 in pre-market trading after the company reported a $12 million underwritten public offering.

Alcoa Corp (NYSE:AA) (CNBC)
Alcoa reported adjusted quarterly profit of $1.04 per share, missing estimates by 18 cents a share. The aluminum producer also saw revenue fall short of forecasts. Alcoa said a drought in Brazil was among the factors negatively impacting its bottom line.

Netflix, Inc. (NASDAQ:NFLX) (TheStreet)
Netflix, Inc. (NASDAQ:NFLX) is off its highs Thursday, but shares are still up 1.1% after a slew of positive analyst commentary. At $220.19, it is up 14.52% for the year. Analysts at Loop Capital bumped their price target to $252 from $241, saying “it’s not too late for large-cap growth investors to establish positions.” Analysts at Buckingham upped their price target to a similar $251 from $235, while maintaining a buy rating on Netflix stock. But the one analyst TheStreet’s Jim Cramer was focusing on during CNBC’s “Mad Dash” segment? Morgan Stanley’s Benjamin Swinburne.

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