Market Currents
Shares of BorgWarner (BWA +2%) reverse course following a brief dip at the open after UBS...
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Thursday, December 15, 2011, 11:46 AM ETShares of BorgWarner (BWA +2%) reverse course following a brief dip at the open after UBS downgrades the shares to Neutral, citing its relative valuation. Separately, the stock is due to be added to the S&P 500 at the close of trading tomorrow, and the stock's weakness over the past few days may have afforded index investors the opportunity to do a little bottom-fishing.
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