– First Solar rose 1.9% in premarket action after announcing it would spend $1.2 billion to expand U.S.-based manufacturing, including a new factory in the southeast. The solar equipment maker earlier this year had said it was unlikely to build new U.S. facilities, but changed its strategy due to the tax incentives provided by the recently passed Inflation Reduction Act. – Twitter fell 1% in premarket trading after Elon Musk sent a second deal termination notice.
– Baidu reported better-than-expected profit and revenue for its latest quarter, with the China-based search engine company seeing a recovery in ad sales and stronger demand for its cloud-based offerings. Baidu shares added 3.8% in the premarket.
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Stocks making the biggest moves midday: Netflix, Pinduoduo, Catalent, Bristol-Myers and moreThese are the stocks posting the largest moves in midday trading. Vou de Ciro o estadista! Can we hear more from the lady from earlier that you censored and booted off your show when she mentioned shorts convering?
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