economy
Stocks making the biggest moves midday: BlackBerry, Kymera Therapeutics, Apple, Wendy's & more
These are the stocks posting the largest moves midday.
TL;DR
- Kymera Therapeutics surged 17% on entering a Phase 2b trial for its KT-621 drug.
- BlackBerry rallied 20% after exceeding fiscal first-quarter earnings and revenue expectations.
- Apple shares fell nearly 5% due to announced price hikes on MacBooks and iPads.
- Microsoft's shares dropped 3.8% after announcing price increases for Xbox consoles.
- Micron Technology's stock soared 15% after its third-quarter earnings and revenue significantly surpassed analyst expectations.
- Qualcomm gained 8% after nearly doubling its projection for 2029 non-handset revenue.
- Bio-Techne rallied 19.7% on news of its acquisition by Merck for $73 per share.
- Hertz Global's stock dropped over 9% following a secondary share offering.