Stocks making the biggest moves midday: Hershey, Nvidia, Alibaba, Omnicom and more

Check out the companies making headlines in midday trading. Hershey , Mondelez International — Hershey shares jumped roughly 13% after Bloomberg News reported that Cadbury and Oreo maker Mondelez is again trying to buy the chocolate company. News of the attempted takeover put Hershey shares on pace for their best day since June 2016, when Hershey previously publicly disclosed a $23 billion bid from Mondelez. Mondelez fell 2%. China-based stocks — U.S.-listed shares of stocks PDD Holdings , JD.

China's State Administration for Market Regulation launched an investigation into the chipmaker over its potential violations of the country's antimonopoly law, particularly in relation to Nvidia's acquisition of Mellanox. Advanced Micro Devices — The chipmaker slid about 4% on the back of a Bank of America downgrade to neutral from buy.

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