Stocks making the biggest moves midday: Tesla, Marathon Oil, WWE, UnitedHealth and more
Publishing timestamp: 2023-04-03 16:52:10
Summary
Tesla's shares dropped after reporting lower-than-expected deliveries for Q1, while energy stocks rallied on OPEC's surprise production cuts. UnitedHealth gained after CMS announced updated payment rates for Medicare Advantage plans. World Wrestling Entertainment fell after announcing a merger with UFC to form a new publicly traded company. Marqeta's stock shed after being downgraded by Morgan Stanley, while Extra Space Storage announced its acquisition of Life Storage. UBS's shares dipped after Switzerland's federal prosecutor opened an investigation into its takeover of Credit Suisse. First Solar's shares shed after being downgraded by Morgan Stanley. Macy's popped on an upgrade by JPMorgan, while SL Green Realty rose after being upgraded by BMO. Teck Resources surged after rejecting a bid from Glencore, while Apellis Pharmaceuticals climbed on takeover interest. Ovintiv jumped after announcing an acquisition and raising its production guidance. ADP and Paychex's shares dropped after being downgraded by Bank of America, while Atlas Energy Solutions gained after being initiated with an overweight rating by Barclays.
Sentiment: MIXED
Tickers: MQ, WWE, COP, APA, SLG, UNDEFINED, ADP, HAL, TECK.B-CA, OVV, TSLA, PAYX, UNH, LSI, EXR, FSLR, M, MRO, HES, EDR, TECK, UBS, APLS, UBSG-CH,
Keywords: halliburton co, hess corp, business news, sovran self storage inc, economy, extra space storage inc, atlas energy solutions inc, teck resources ltd, market insider, markets, conocophillips, first solar inc, macy's inc, endeavor group holdings inc, stock markets, paychex inc, ubs group ag, automatic data processing inc, marqeta inc, ovintiv inc, sl green realty corp, breaking news: markets, apellis pharmaceuticals inc, world wrestling entertainment inc, unitedhealth group inc, business, tesla inc, apa corp (us), marathon oil corp,
Source: https://www.cnbc.com/2023/04/03/stocks-making-the-biggest-moves-midday.html