Stocks making the biggest moves midday: Generac, Amazon, Pfizer and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 48 sec. here
  • 23 min. at publisher
  • 📊 Quality Score:
  • News: 96%
  • Publisher: 72%

Breaking News Nouvelles

Market Insider,Markets,Economy

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

Check out the companies making headlines in midday trading. Generac Holdings — Shares of the maker of power generators surged 8% as Hurricane Milton intensified into a Category 5 storm . Amazon — The e-commerce stock lost 2.9% after Wells Fargo downgraded shares to equal weight from overweight and cut its price target, citing slowing growth and competition from Walmart. Pfizer — Shares of the drugmaker gained nearly 3%.

reported that activist investor Starboard Value has amassed a nearly $1 billion stake as it pursues a turnaround at the company. Insurance stocks — Property and casualty insurers saw shares under pressure as Hurricane Milton strengthened into a Category 5 storm with Florida preparing for evacuations. Allstate and Travelers both saw their shares fall more than 3%, along with Progressive and Chubb.

reported that Mantle Ridge has attained a stake in the company exceeding $1 billion, citing a person familiar with the matter. Garmin — U.S. shares of the fitness device maker dropped 4.7% in the wake of a downgrade to underweight from equal weight by Morgan Stanley. The firm pointed to a deceleration in growth and decompression in margins, while noting Garmin has been a top-performing hardware stock this year.

's Yun Li, Hakyung Kim, Alex Harring, Jesse Pound, Michelle Fox, Sean Conlon and Pia Singh contributed reporting

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.
Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks making the biggest moves premarket: Apple, Amazon, Pfizer, Hershey and moreThese are the stocks posting the largest moves in premarket trading.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Shares of generator maker Generac soar, insurance stocks fall as Hurricane Milton intensifiesPower generation and insurance stocks are moving as Hurricane Milton heads toward Florida.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stocks @ Night: Kroger, Amazon, Nvidia Surge as Investors Eye Consumer SpendingCNBC's 'Stocks Night' dives into the market action with a focus on consumer trends and key sectors. Kroger's strong performance reflects shifts in spending habits, while Amazon and Nvidia continue their upward trajectories.
La source: NBCLA - 🏆 319. / 59 Lire la suite »