economy
Stocks Making the Biggest Moves Midday: Nextpower, AST SpaceMobile, Dell, NetApp & More
These are the stocks posting the largest moves midday.
TL;DR
- Energy stocks declined for a fourth consecutive day.
- Nextpower increased by 13% after acquiring Prevalon Energy and raising revenue guidance.
- Dell Technologies surged 29% on improved full-year guidance, positively impacting other computer hardware stocks.
- American Eagle Outfitters dropped 13% due to decreased comparable sales and weak second-quarter guidance.
- Gap tumbled over 17% after cutting its sales outlook for the year.
- Space stocks declined following an explosion of a Blue Origin rocket.
- Okta and NetApp shares rose significantly on better-than-expected guidance.
- PagerDuty advanced 29% after raising its full-year earnings guidance.
- SentinelOne fell nearly 9% due to lower-than-expected revenue and earnings projections for the current quarter.