Stocks making the biggest moves midday: Nike, Tesla, JPMorgan, American Airlines & more

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Check out the companies making headlines in midday trading.

– Shares of the defense contractor slid more than 1% after the company announced plans to buy Aerojet Rocketdyne Holdings for $56 per share. The deal price represents a 33% premium to the rocket engine maker's Friday closing price.

Shares of Aerojet Rocketdyne Holdings jumped 22%.
 

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