Why These 5 Stocks Are on the Move on Thursday

4. Entergy Corporation (NYSE:ETR) is off 1%  due to sentiment changes. With the news from yesterday’s Fed meeting and the rally in many financial names today, it seems that some in the market are expecting interest rates to potentially increase sooner or more than previously expected. If interest rates increase faster or more than previously expected, Entergy Corporation (NYSE:ETR)’s yield might not be as attractive to some buyers.

Of the around 873 elite funds in our database, 31 were long Entergy Corporation (NYSE:ETR) at the end of Q2.