Check out the companies making headlines in midday trading: SoFi Technologies — Shares of the online personal finance company jumped 9.8% after SoFi announced a $2 billion agreement with Fortress Investment Group to grow its loan platform business. Sirius XM Holdings — The audio entertainment stock popped more than 8% after Warren Buffett's Berkshire Hathaway disclosed that it increased its position in the company. Berkshire bought roughly 3.
Boeing also said it postponed the delivery of its still-uncertified 777X wide-body plane and forecast a wider-than-expected loss for the third quarter as it continues to face losses amid an ongoing machinist strike. Ibotta — Shares advanced 5.5% after Goldman Sachs upgraded Ibotta, a mobile platform that offers cash-back rewards, to buy from neutral. The bank said the company has attractive growth opportunities, such as through its partnerships with Walmart and Instacart.
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Source: CNBC - 🏆 12. / 72 Read more »