Baker Hughes Gains, Capricor Plunges, Meatpackers Jump

Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:

- Baker Hughes (BKR) shares rose as much as 9.5%, the most in over a year, after the oilfield services firm reported second-quarter earnings per share that beat the average analyst estimate as industrial and energy technology orders increased.

- Capricor Therapeutics (CAPR) shares sink as much as 71%, most intraday since 2002, after the US FDA released briefing documents ahead of its advisory committee meeting with the biotech on its drug to treat a rare muscle disease. Cantor said the briefing documents raise several concerns about the integrity of Capricor’s trial data collection.

-Shares of meatpackers Tyson Foods (TSN) and JBS surged after the US said it would resume cattle shipments from Mexico, easing a domestic shortage that has led to higher costs for their animals. The US Department of Agriculture said late Friday that it would start a phased reopening of cattle imports from Mexico, starting with an Arizona port of entry beginning Aug. 24. Shares in JBS jumped as much as 9.8%, the most in 11 months, while Tyson gained 7.5%.

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