economy
Stocks Making the Biggest Moves Midday: NextDecade, Cheniere, Micron, Rivian, APA & More
Here are some of the stocks making headlines in midday trading.
TL;DR
- Oil stocks advanced as Brent crude futures surpassed $119 per barrel.
- Accenture's shares increased after exceeding second-quarter earnings and revenue expectations.
- Tesla experienced a stock decline following reports of an intensified investigation into its Full Self-Driving system.
- Rivian Automotive's stock rose after Uber announced plans to invest up to $1.25 billion to launch robotaxis.
- Bitcoin-linked stocks slid as the cryptocurrency's price dropped.
- Signet Jewelers saw a significant jump in shares after beating fourth-quarter earnings estimates.
- Micron Technology's shares fell despite reporting strong earnings, possibly due to increased spending comments.
- Alibaba's U.S.-listed shares dropped on weaker-than-expected fourth-quarter results and a decline in net income.
- Align Technology's stock increased following reports of Elliott Investment Management building a significant stake.
- Five Below shares surged after its fourth-quarter results and first-quarter guidance surpassed Wall Street expectations.
- Mining stocks, both silver and gold, tumbled along with precious metal prices.
- Copper miners' shares also declined as copper futures prices moved lower.
- Liquefied natural gas exporters rallied after reports of Iranian attacks impacting Qatar's LNG export capacity.
- Red Cat's stock lost significant value following disappointing fourth-quarter financial results.
- DLocal's shares climbed after reporting a better-than-expected top-line performance in its fourth quarter.