Stocks making the biggest moves midday: Tesla, Mobileye Global, Darden Restaurants and more

Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve's supersized rate cut decision. Tesla and Meta jumped around 7% and 4%, respectively, while chip darlings Nvidia and ASML each advanced more than 5%. Edgewise Therapeutics — Shares skyrocketed more than 54% after the biopharmaceutical company announced positive top-line trial data for a heart disease treatment.

The unnamed client comprised 12% and 13% of Progyny's revenue for the six-month period that ended June 30, and the 12-month period that ended Dec. 31, 2023, respectively, the company said in a filing postmarket Wednesday. DoorDash — The stock moved about 4% higher due to an upgrade to buy from neutral at BTIG. The firm sees more growth for DoorDash in the third quarter as it does not believe a weaker consumer will hurt delivery demand.

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