Stocks making the biggest moves midday: Nvidia, Ultragenyx Pharmaceutical, Newmont, DigitalBridge & more
Check out some of the stocks making the biggest moves in midday trading.
TL;DR
- Ultragenyx Pharmaceutical shares dropped more than 40% after its bone disease drug, setrusumab, missed primary endpoints in two trials.
- Newmont and Freeport-McMoRan shares fell as gold and silver prices declined; the Global X Silver Miners ETF dropped over 4%.
- Energy stocks climbed more than 2% as oil prices increased, driven by potential peace talks and Middle East supply disruption fears.
- DigitalBridge shares rose 10% on news of a $4 billion acquisition agreement with Japan's SoftBank.
- Nvidia shares decreased nearly 2% after a significant acquisition of AI chip startup Groq's assets.
- Praxis Precision Medicines shares gained 13% after being named a top pick for 2026 by BTIG, with an increased price target.
- AXT shares fell almost 4% following the announcement of a new public offering of over 7 million common shares.