Stocks making the biggest moves midday: Expedia, Nvidia, Strategy, Hims & Hers and more
Here are the companies making headlines in midday trading.
TL;DR
- Nucor and Steel Dynamics stocks increased following the collapse of U.S.-Canada trade negotiations.
- Expedia Group's stock gained over 4% after Evercore ISI raised its price target.
- Hims & Hers Health stock fell 8% after Visa flagged consumer disputes related to its weight-loss subscription.
- Trucking company stocks, including J.B. Hunt Transport and Knight-Swift, fell after President Trump announced potential auto tariff increases.
- Applied Optoelectronics shares dropped 11% after announcing an at-the-market program to sell up to $600 million in stock.
- RUM Group stock gained 5% after announcing a $13.7 billion deal for AI chips.
- Nvidia shares slid nearly 2% amid reports of rising server prices for its AI chips.
- The iShares Semiconductor ETF (SOXX) was down 2%, with Marvell Technology, Advanced Micro Devices, and Intel also declining.
- Memory storage stocks, including Sandisk, Western Digital, Seagate Technology, and Micron Technology, started the week in the red.
- Crypto-linked stocks advanced as Bitcoin prices topped $79,000, with Strategy, Riot Platforms, and Mara Holdings gaining.