Stocks on the move: GE falls as JPM removes price target, UTZ shares rise in public debut

Yahoo Finance's Adam Shapiro breaks down the stocks to watch Monday.

Video Transcript

ADAM SHAPIRO: We want to take a look at some of the stocks on the move, like stars like General Electric. Those shares down almost 2%. This as JPMorgan Chase, the analyst, Stephen Tusa, removed his price target on GE, citing a lack of what he called, forward visibility. He reiterated that GE remains at a neutral. In his report, he said unlike its peers, GE continues to have no official guidance, which in our view, and this is a quote, folks, "in our view, implies difficulty seeing three to six months out, while debt maturities and option resets suggest GE does not see normal until 2024."

On the other hand though, let's talk about UTZ, and you can debate with your loved ones whether it's pronounced UTZ or UTZ. We're going to say UTZ. That share started, those stocks started trading today, up about 9% at this point. And the big news there, is that it was part of a, it came to market after it went into the Collier Creek Holdings spat. So shares now trading on the NASDAQ, up almost 10% at the opening bell. Go get yourself some chips and take some UTZ to the commercial break.