Stocks Making the Biggest Moves Midday: Microsoft, SpaceX, Vaxcyte, Banco Bradesco, DraftKings & More
Here are some of the companies making headlines in midday trading.
TL;DR
- Taiwan Semiconductor Manufacturing and SpaceX shares rose on discussions about a chip venture; Intel shares fell.
- Vaxcyte shares jumped significantly after announcing positive Phase 3 trial results for its vaccine.
- Brazilian stocks rallied following the first round of elections, with iShares MSCI Brazil ETF surging.
- Microsoft shares increased following an upgrade, with analysts highlighting its AI and security edge.
- PTC shares surged upon announcement of its acquisition by Schneider Electric for over $22 billion.
- Wells Fargo and DraftKings saw gains after upgrades from Morgan Stanley and Bank of America, respectively.
- Estee Lauder and Harley-Davidson also experienced stock increases following upgrades.