Stocks making the biggest moves midday: Intuitive Machines, U.S. Steel, Victoria's Secret and more

Check out the companies making headlines in midday trading: Intuitive Machines — Shares soared 51% after the space exploration company secured a roughly $5 billion space network contract from NASA. United States Steel — The U.S. steel producer saw shares jump more than 2% after news that a U.S. security panel has reportedly granted Nippon Steel permission to refile its plans to purchase the firm for $14.1 billion.

Medical Properties Trust — Shares dropped more than 4% after Medical Properties Trust said it anticipates an additional impairment of about $430 million in its fiscal third quarter following its settlement with tenant Steward, which had filed for Chapter 11. McGrath RentCorp — Shares fell 3%, hitting a new 52-week low, after the business-to-business rental company terminated its merger with WillScot Holdings.

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