economy
Stocks Making the Biggest Moves Midday: NetApp, Intel, Apple, Doximity, Verisk Analytics & More
These are some of the stocks posting the largest moves midday.
TL;DR
- MarineMax shares jumped 46% on news of its sale to Safe Harbor Marinas for $1.5 billion.
- Varex Imaging stock rose 48% after agreeing to be acquired by Teledyne Technologies.
- Stocks tied to artificial intelligence infrastructure, including Corning, Coherent, and Lumentum, saw declines.
- Doximity's stock fell 5% after a previous surge due to positive comments about its AI search tool.
- NetApp gained 6% following an upgrade from Morgan Stanley.
- Verisk Analytics tumbled over 5% after a judge ruled it must proceed with the AccuLynx acquisition.
- Apple's stock dipped 2% following a downgrade by Jefferies, citing potential cancellation of an all-glass iPhone.
- Everpure shares surged 9% after positive investment recommendation changes.
- Berkshire Hathaway's stock rose nearly 2% on positive second-quarter operating earnings growth.
- Intel fell nearly 3% after announcing plans to offer $15 billion in common stock.
- Monday.com dropped over 6% due to disappointing current-quarter revenue guidance.
- Ebay's stock decreased 3% amid reports GameStop might abandon its takeover offer.
- Hewlett Packard Enterprise shares rose 4% after an upgrade to overweight by Morgan Stanley.
- Archer Aviation surged almost 8% after agreeing to acquire three Boeing subsidiaries.
- AbCellera Biologics soared 43% after reporting strong Phase 2 clinical results for its menopause medication.
- N-Able plunged over 37% following disappointing current-quarter guidance.
- Sionna Therapeutics collapsed 92% after its cystic fibrosis drug failed to meet key trial endpoints.