Stocks making the biggest moves midday: Gilead, Wells Fargo, Carnival & more

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These are the stocks posting the largest moves in midday trading.

— Foot Locker's stock rallied 4.2% in midday trading after an analyst at Susquehanna upgraded the equity to positive from neutral. The brokerage said it's grown more bullish on the stock as younger customers head "to Foot Locker Inc.'s store banners and websites to spend the newfound money in their pockets to a greater degree.

"— Shares of the alternative meat company dropped 4.3% after Citi initiated the stock with a sell rating. The bank said in a note that competition in the space is getting tougher and that Beyond Meat faces headwinds in the food-service space. Citi gave the stock a price target that was more than 12% below where shares closed on Thursday.

 

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Gilead's redundant news seems to have excited the Wall Street casino. Should we expect the same news every other Friday?

And NIO . Stop ignoring Nio. Terrible behaviour NIOGlobal

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