Check out the companies making headlines in midday trading. GE Vernova — Shares of energy company GE Vernova, which spun off from General Electric last week, gained 5.4% following an upgrade to overweight from neutral from JPMorgan. The firm said investors should buy the dip in GE Vernova, and said shares have pulled back since the spinoff largely due to technical and flowback selling and are now trading at a discount.
Shares could be due for a rebound after their worst fall since 2020 last week, Loop said. Take-Two Interactive Software — Shares rose 2% after Citi upgraded the video game company to a buy rating and upped its price target, citing an attractive risk/reward balance. UiPath — The software stock gained more than 2% during midday trading.
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