Stocks Making the Biggest Moves Midday: Dick's Sporting Goods, Marvell, AMD, Kura Oncology & More
These are the stocks posting the largest moves midday.
TL;DR
- Dick's Sporting Goods shares fell over 27% after missing revenue expectations and citing a "challenging" market.
- Dynatrace stock increased by 3% following an upgrade to overweight by Morgan Stanley.
- Shift4 Payments shares rose nearly 4% after Wells Fargo upgraded the stock to overweight.
- Moderna's stock rallied 13% after a positive upgrade from Wolfe Research based on cancer vaccine trial results.
- Marvell Technology shares jumped 5% as Wall Street firms raised price targets, citing an expanded partnership with Google.
- Advanced Micro Devices gained 5% after being upgraded to strong buy by Raymond James, with expectations of overtaking Intel in the CPU market.
- Semiconductor stocks generally rose, including Intel and Nvidia.
- Kura Oncology climbed almost 10% after its CEO disclosed purchasing 100,000 shares.
- Navitas Semiconductor shares jumped 5% following an announced deal to acquire Claros.