Stocks Making Headlines in Midday Trading

Check out the companies making headlines in midday trading. FuboTV — The streaming provider soared 242% after confirming it struck a deal to combine its online live TV businesses with Walt Disney . The new venture will be 30% owned by Fubo and 70% by Disney and form the second-largest digital pay-TV provider after YouTube TV.

Pony AI — The China-based self-driving vehicle company added 2% after Pony AI said in a Friday statement it was trying to launch robotaxi services in Hong Kong, the first step in its global operations expansion. Paycor — Shares of payroll services provider Paycor surged 24% after Bloomberg reported that the company is in advanced talks to be acquired by larger competitor Paychex . Sources familiar with the matter said that a deal may be announced as early as this week. T-Mobile — The telecom stock fell 4% after a downgrade to equal weight from overweight at Wells Fargo. The investment firm said T-Mobile's growth in key metrics is slowing at a time when the company is trading at a pricey premium to its major competitors, increasing the risk for the stock. Dutch Bros — Shares rose 2% after the coffee chain received an upgrade to outperform from neutral at Baird. The investment firm said it had 'become more confident in the near-term fundamental setup' as the new year began, and still expects plenty of upside ahead for the stock. Capri Holdings — Shares of the Coach and Michael Kors parent popped more than 6%. The gains came as BMO upgraded shares to outperform from a market perform rating, citing 'too-negative/uninterested sentiment.' VeriSign — The internet stock jumped nearly 3% after a regulatory filing revealed Warren Buffett 's Berkshire Hathaway scooped up 20,044 more shares for $4.1 million via transactions on Tuesday, Thursday and Friday. The conglomerate has now bought shares of VeriSign for 12 sessions in a row. American Airlines — The carrier stock popped 5% following TD Cowen's upgrade to buy from hol

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