Check out the companies making headlines in midday trading: Nuvalent — Shares soared more than 22%, hitting an all-time high, after the biopharmaceutical company highlighted positive data on two experimental cancer treatments over the weekend. Nuvalent said the two drugs show "favorable tolerability." Bausch + Lomb — The contact lens provider rallied 13.9% after the Financial Times reported it was considering a sale.
Sprouts Farmers Market — Shares of the supermarket chain rose nearly 5% following an upgrade to outperform from in line at Evercore ISI. The investment firm wrote that Sprouts, which specializes in organic products, could be a beneficiary of a trend toward healthier eating. Trump Media & Technology — Shares fell more than 3%, giving back some of Friday's 11%.
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