Stocks making the biggest moves midday: Workday, Generac, Vital Farms, Vicor, Tower Semi & more
These are some of the stocks posting the largest moves midday.
TL;DR
- Workday shares rose 5% amid financing efforts for a potential privatization bid.
- Lucid Group stock added almost 9% after its CEO stated restructuring work with advisors had ended.
- SiTime shares rallied almost 10% following Morgan Stanley initiating coverage with an overweight recommendation.
- Tower Semiconductor shares rose almost 9% after agreeing to high-volume shipments of laser-integrated optical engines with New Photonics.
- Fluence Energy shares tumbled 14% after cutting its full-year guidance and anticipating a larger loss.
- Vital Farms shares climbed 9% as it reportedly explores strategic alternatives, including privatization.
- Generac stock soared 19% after announcing a deal with Amazon to supply backup power generators for its data centers.
- Arm Holdings shares gained 9% as CEO Rene Haas expressed confidence in meeting demand for its new data center chip.
- Vicor surged 15% after granting a non-exclusive license for its Vertical Power Delivery modules to an AI OEM.