Stocks Making the Biggest Moves Midday: T-Mobile, Verizon, AT&T, Crown Castle, Teva & More
These are some of the stocks posting the largest moves midday.
TL;DR
- SpaceX's Starlink Mobile service boost led to significant stock declines for T-Mobile, AT&T, and Verizon.
- Cellular tower companies such as Crown Castle, SBA Communications, and American Tower saw their stocks rise.
- Teva Pharmaceutical Industries' stock increased after its schizophrenia treatment received FDA approval.
- Avient's stock fell following the CEO's resignation and replacement.
- Archer Aviation gained after Barclays initiated coverage with an 'overweight' rating.
- Delta Air Lines reported weaker-than-expected third-quarter earnings and lowered its full-year outlook.
- Lumentum's stock jumped as its CEO indicated components are sold out through 2029.
- Managed care providers reacted to new Medicare Star Ratings, with Humana soaring and Alignment Healthcare plunging.
- Apple's shares declined on reports of reduced component orders for the iPhone 18 Pro and Pro Max.
- Park Aerospace stock lost value despite reporting increased revenue and earnings year-over-year.
- Freeport-McMoRan's stock gained as gold prices climbed.