Stocks making the biggest moves midday: Moderna, Robinhood, BJ's Wholesale, Coinbase & more
These are some of the stocks posting the largest moves midday.
TL;DR
- BJ's Wholesale shares gained 4% after exceeding second-quarter expectations and raising full-year earnings guidance.
- Ross Stores saw its shares climb over 4% following better-than-expected second-quarter results and positive third-quarter guidance.
- Crypto-related stocks surged, with Robinhood up 12%, Coinbase up more than 8%, and Strategy up 6%, as bitcoin continued to rise.
- Broadcom shares rose nearly 1% on news of potential debt financing for a deal with Anthropic.
- OSI Systems shares dropped almost 10% after its fourth-quarter revenue fell short of analyst expectations.
- The Boston Beer Co. shares fell 3% after announcing its CFO's departure to join Ingredion.
- O-I Glass stock jumped 10% after Citi upgraded its rating to 'buy' with a higher price target.
- Moderna shares popped more than 10% following positive results from a cancer vaccine trial.
- InnovAge shares increased 2% after Keybanc upgraded its rating to 'overweight'.
- Parsons shares jumped 4% after Baird upgraded its stock to 'outperform' with an increased price target.