News Formal

Stocks making the biggest moves midday: Paramount Global, Morphic Holding, Ideaya Biosciences and more

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

Breaking News: Markets News

Economy,Stock Markets,Market Insider

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

Check out the companies making headlines in midday trading. Paramount Global — The media and entertainment company shed 2% after it agreed to merge with Skydance Media . Skydance and its financial backers will invest more than $8 billion into Paramount and to acquire National Amusements, Paramount's controlling shareholder. Morphic Holding — Shares rallied 75% on news that Eli Lilly will acquire the biopharmaceutical company in a $3.2 billion deal .

Corning also said its core earnings per share are expected at the high end of or "slightly above" guidance of 42 cents to 46 cents. ServiceNow — The cloud computing company dropped more than 4% after Guggenheim downgraded shares to a sell rating, citing doubts over expectations for an uptick in its artificial intelligence business in the second half. Columbia Sportswear — The stock gained 3.7% after receiving an upgrade to buy from hold at Stifel.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: Paramount, SolarEdge, Morphic Holding and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Paramount Global, Tesla, MGM Resorts and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest midday moves: Tesla, Polestar, Paramount Global and moreThese are some of the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Tesla, CrowdStrike, Paramount Global, Atlassian and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest premarket moves: Oracle, Paramount, Birkenstock, Rentokil Initial and moreThese are the stocks posting the largest moves in the premarket.
Source: CNBC - 🏆 12. / 72 Read more »