Stocks making the biggest moves midday: General Motors, AMC, Virgin Orbit, Kinross Gold and more
Publishing timestamp: 2023-04-04 13:09:01
Summary
Shares of various companies experienced ups and downs in midday trading on Tuesday. ServiceNow saw a rise in stock after an upgrade from Baird, while General Motors saw a drop after news of a buyout program. Virgin Orbit filed for Chapter 11 bankruptcy protection, causing a significant drop in stock. AMC Entertainment announced a settlement deal with shareholders, causing a drop in stock but a rise in its "APE" preferred shares. Boeing was downgraded by Northcoast Research, while Etsy saw a rise in stock after an upgrade from Piper Sandler. Gold miners saw a rally as gold futures rose, but construction equipment manufacturer Caterpillar saw a drop in stock. Other equipment and manufacturing companies were also down.
Sentiment: MIXED
Tickers: VORB, ETSY, GFI, SRPT, K-CA, ABX-CA, CAT, GM, GDX, GOLD, KGC, NOW, AMC, NEM, BA, GFI-ZA,
Keywords: breaking news, general motors co, market insider, breaking news: markets, barrick gold corp, sarepta therapeutics inc, business news, virgin orbit, servicenow inc, stock markets, etsy inc, vaneck gold miners etf, gold fields ltd, caterpillar inc, markets, newmont corporation, boeing co, amc entertainment holdings inc, kinross gold corp,
Source: https://www.cnbc.com/2023/04/04/stocks-moving-big-midday-gm-amc-etsy-and-more.html