Stocks making the biggest moves midday: Zillow, KLA, iRobot, Immunome & more
These are the stocks posting the largest moves midday.
TL;DR
- KLA Corp. rose 4% on Jefferies' increased price target, citing AI-driven spending in wafer fab equipment.
- Immunome surged 20% after positive Phase 3 trial results for its desmoid tumor drug, varegacestat.
- Zillow Group shares fell 8% due to a report on Google testing a new search listing format.
- Abercrombie & Fitch gained 6%, continuing a rally attributed to a market rotation out of tech.
- Tilray dropped 3% following speculation about a less-stringent drug classification for cannabis.
- Las Vegas Sands and Marriott International each rose 2.1% after receiving buy upgrades from Goldman Sachs.
- Rocket Lab shares fell 7%, reversing earlier gains driven by reports of SpaceX's potential 2026 IPO.
- Alibaba and Baidu declined 3% and 4% respectively, impacted by China's economic slowdown data.
- ServiceNow shed 4% on reports of potential acquisition talks with cybersecurity firm Armis for $7 billion.
- iRobot plummeted 72% after declaring bankruptcy, with Picea set to acquire the company.