Stocks making the biggest moves midday: Nvidia, First Republic, Nike, GameStop and more
Publishing timestamp: 2023-03-22 16:03:41
Summary
Shares of various companies, including Nvidia and GameStop, saw gains and losses in midday trading. First Republic Bank saw a significant drop in share price after exploring strategic options, while Nike beat earnings estimates but expressed caution in planning due to economic concerns. Petco Health and Wellness reported earnings slightly below expectations, while Luminar Technologies was downgraded by Goldman Sachs. Krispy Kreme saw gains after being upgraded by Truist, and Virgin Orbit saw a surge in share price on reports of a potential investment deal.
Sentiment: MIXED
Tickers: FRC, WGO, VORB, NVDA, BA, LAZR, OLLI, GME, WOOF, SCHW, DNUT, PACW, NKE,
Keywords: luminar technologies inc, stock markets, virgin orbit, nvidia corp, business, market insider, pacwest bancorp, krispy kreme inc, breaking news: markets, gamestop corp, petco health and wellness company inc, business news, ollie's bargain outlet holdings inc, charles schwab corp, economy, nike inc, winnebago industries inc, markets, first republic bank, boeing co, breaking news,
Source: https://www.cnbc.com/2023/03/22/stocks-moving-big-midday-nvda-frc-nke-gme.html