👀 Ones to watch: The MOST undervalued stocks to buy right nowSee Undervalued Stocks

Midday movers: Nvidia, Carnival Rise; SolarEdge, Pool fall

Published 25/06/2024, 12:46
© Reuters
NVDA
-
MA
-
WMT
-
POOL
-
SPR
-
CCL
-
NVO
-
EADSY
-
SEDG
-
(Updated - June 25, 2024 11:41 AM EDT)

Investing.com -- U.S. stock futures rose Tuesday, with the tech stocks bouncing after the previous session's sharp losses.

Here are some of the biggest U.S. stock movers today:

  • Nvidia (NASDAQ:NVDA) stock rose 5.5%, bouncing after the chipmaker slumped almost 7% during the last session, moving its market cap back above the $3 trillion threshold.

  • SolarEdge (NASDAQ:SEDG) stock fell 18% after the renewable energy company announced plans to offer $300 million in new debt.

  • Birkenstock (NYSE:BIRK) stock slid 3.8% after the footwear maker said a top shareholder plans to offload 14 million shares in a public offering.

  • Novo Nordisk (NYSE:NVO) stock rose 4% after the drugmaker’s blockbuster Wegovy weight-loss treatment received approval from regulators in China.

  • Spirit AeroSystems (NYSE:SPR) stock fell 5.3% following a Bloomberg report indicating Boeing (NYSE:BA) has offered to acquire the airplane fuselage maker in a deal funded mostly by stock that values its key supplier at about $35 per share.

  • Trump Media & Technology Group (DJT) stock rose 3%, extending Monday's gains after the former president’s company had announced it expected $69.4 million in proceeds from cash exercise of warrants.

  • Pool (NASDAQ:POOL) stock fell 7% after the swimming pool products distributor cut earnings and revenues expectations, citing lower new pool construction and remodel activities.

  • Mastercard (NYSE:MA) stock rose 0.2% with Commerzbank (ETR:CBKG) rating the U.S. payment service provider as a "strong buy", citing its robust growth prospects and its leading position in global payments.

  • Airbus (EADSY (OTC:EADSY)) stock fell 11% after the aircraft manufacturer said it was cutting its financial targets for 2024, citing supply chain issues and additional costs in its space systems division.

  • Carnival Corp. (NYSE:CCL) rose 8% after it reported second quarter earnings per share that topped estimates. Peers Royal Caribbean (NYSE:RCL) and Norwegian Cruise Line (NYSE:NCLH) were also higher.

  • Walmart (NYSE:WMT) fell 2.3% after its CEO said at a conference that not every quarter is going to be as good as the last quarter and the second quarter is challenging from a comp perspective.


Additional reporting by Louis Juricic

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.