Stocks making the biggest moves midday: Dominion Energy, Paramount, Rocket Lab, Stanley Black & Decker and more
These are the stocks posting the largest moves in midday trading.
TL;DR
- Dominion Energy shares fell nearly 5% as the Trump administration halted five East Coast wind projects, including the Coastal Virginia Offshore Wind project.
- Maplebear (Instacart) stock decreased over 3% after announcing the discontinuation of AI-driven pricing tests that caused price disparities for customers.
- Warner Bros. Discovery shares rose 3% on news of a guaranteed backing for an amended offer from Paramount Skydance, while Paramount shares jumped 5% and Netflix stock declined.
- Rocket Lab's stock surged 10% following an $816 million contract award from the U.S. Space Force for a missile-defense satellite system.
- UniFirst shares popped about 18% after Cintas submitted a $5.2 billion bid to acquire the workwear company.
- Stanley Black & Decker's stock advanced nearly 5% after agreeing to sell its aerospace manufacturing business for $1.8 billion to Howmet Aerospace.
- Janus Henderson shares rose 3% upon agreeing to be acquired by Trian Fund Management and General Catalyst.
- Tesla's stock increased nearly 3% after the Delaware Supreme Court reversed a decision to void Elon Musk's pay package.
- First Solar shares spiked nearly 6% after Alphabet announced its acquisition of Intersect, a company First Solar supplies to.
- Clearwater Analytics rose 8% after agreeing to be acquired by private equity firms Permira and Warburg Pincus for $8.4 billion.
- Honeywell's stock fell more than 1% due to an expected fourth-quarter charge related to settlement talks with Flexjet.