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Stocks making the biggest moves midday: Snap, GE, Boeing, AMC & more

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These are the stocks posting the largest moves midday Monday.

div > div.group > p:first-child"> Snap — The social media company's stock rose more than 4% after RBC Capital Markets upgraded it to outperform from sector perform, noting it is an"inflection point" amid improving fundamentals.

Southwest Airlines — The airline fell 2.57% after Raymond James downgraded it to hold from buy, citing concerns that Boeing jet groundings could last through peak summer travel. Southwest has 34 Max jets which account for roughly 4 percent of the airline's passenger capacity. Sony — Shares of Sony surged 7.3% after Reuters reported that Daniel Loeb's Third Point is building a stake in the company and plans to push for changes. Third Point is reportedly raising an investment vehicle to generate between $500 million and $1 billion to continue buying Sony shares. This is the second time in 6 years that the hedge fund has targeted Sony.

Symantec — Symantec jumped more than 6% after an analyst at Goldman Sachs upgraded the stock to buy from neutral, highlighting an"undemanding" valuation and a"to sustained growth in current billings."

 

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