Check out the companies making headlines in midday trading. Spirit Airlines — Trading in shares of the discount airline was halted on Monday after Spirit filed for bankruptcy . Trump Media & Technology Group — Shares in President-elect Donald Trump's media company pulled back roughly 5%. Although the stock has been increasingly volatile in the wake of Trump's election, but it has gained more than 52% in 2024.
Robinhood – Shares of the financial services platform jumped more than 8%, hitting a new 52-week high, after Needham upgraded the stock to buy from hold . The firm believes that changes at the Securities and Exchange Commission under Trump's new administration will lead to more product launches from the company. On Monday, Piper Sandler also became more bullish on the name, with its updated price target reflecting more than 11% upside from Friday's close.
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Source: CNBC - 🏆 12. / 72 Read more »
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Source: CNBC - 🏆 12. / 72 Read more »