Check out the companies making headlines in midday trading. BlackBerry — BlackBerry shares popped more than 9% after the company announced a partnership with Advanced Micro Devices on robotics systems. Moderna — The vaccine maker gained 6%. Reuters reported that Moderna's cancer drug it's working on with Merck showed promising results in an early stage study in individuals with a certain form of neck and head cancer.
The bank said Ally Financial may see higher earnings than anticipated and believes Ally's potential credit leverage may be underestimated. ChargePoint — Shares dropped 4.6% after Goldman Sachs downgraded the EV charging station operator to sell from neutral, saying slower growth in U.S. EV sales and rising competition in EV charging could be headwinds to ChargePoint's revenue and demand for its services. Molson Coors — The stock advanced 0.