Stocks making the biggest moves midday: Akamai Technologies, Genius Sports, People Inc & more
These are the stocks posting the largest moves midday.
TL;DR
- Akamai Technologies shares gained 5% on a seven-year, $11.6 billion deal with Anthropic.
- Atlas Energy Solutions rallied 17% after its subsidiaries signed cost reimbursement agreements with an AI lab.
- Genius Sports jumped 13% after JPMorgan initiated coverage with an overweight rating.
- Twilio shares tumbled about 6% after HSBC downgraded its rating to sell.
- People Inc. shares jumped 10% on a report that MGM Resorts is considering a bid to purchase the company.
- Scholastic slid 9% after reporting a loss in its fiscal first quarter.
- Costco Wholesale shares were up 2.7% after reporting better-than-expected fourth-quarter results.
- Microsoft shares perked up 3% after rolling out a refreshed Copilot app.
- Meta Platforms shares tumbled more than 3% as traders cashed in on its recent rally.