Check out the companies making headlines in midday trading: Chewy , GameStop — Chewy's stock dropped about 6% after a regulatory filing showed meme stock trader Keith Gill, who is also known as "Roaring Kitty," bought nine million shares, amounting to a 6.6% stake in the pet food e-commerce company. His other top holding, GameStop, also slid 6%. It is unclear if he sold shares of GameStop to buy Chewy.
UBS pointed to higher average sale prices and growth in the Asian market as reason for optimism. Nio — The Chinese electric vehicle stock rose 6% on Monday after the company said vehicle deliveries rose nearly 100% in June . Nio said it delivered 21,209 vehicles last month, up 98% year over year. Tesla — The electric vehicle stock popped 6%. Tesla is slated to report second-quarter delivery numbers this week.
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