Check out the companies making the biggest moves midday: TreeHouse Foods — The food processor rallied 23% after announcing it’s being bought by European investment group Investindustrial for $22.50 per share in cash. That represents an 18% premium from Friday’s close. The deal values TreeHouse at nearly $3 billion. Tech stocks — Names tied to the artificial intelligence trade roared back on news of a possible end to the U.S. government shutdown, which contributed to investors’ risk-on attitude. Nvidia jumped nearly 3.5%, while AMD rose about 3.8%, and Broadcom gained 1.7%. Each of the “Magnificent Seven” stocks were in the green, with gains in Alphabet and Tesla leading the pack. Six Flags Entertainment — The amusement park operator fell 7% following a downgrade to equal weight from overweight at Morgan Stanley. The bank cited headwinds such as lower-than-expected pricing power, relatively narrow windows of operations and consumer softness for lower income households. Coinbase — The crypto exchange rose 3% after an upgrade to buy at Monness Crespi Hardt . “We think downside absent a full winter likely proportional to upside here,” the research firm said. Penn Entertainment — The regional casino operator rose more than 8% after CEO Jay Snowden disclosed the purchase of more than 34,000 shares . MP Materials — The rare earth miner rose 3% after a Deutsche Bank upgrade to buy from hold. The bank highlighted MP as a buying opportunity for investors looking for exposure to rare earths. Palantir — Shares of the defense technology stock popped 3%. The stock tumbled more than 11% amid the selloff in artificial intelligence-focused names last week. Metsera — The obesity drug developer tumbled 15% after Pfizer won a bidding war to acquire the company, beating out rival Novo Nordisk. Pfizer agreed to pay $86.25 per share for Metsera, a premium of nearly 4% to Friday’s close. Rumble — The video-sharing platform’s shares surged 10% after the firm secured a $100 million advertising commitment from Tether while announcing a deal to buy German AI firm Northern Data for about $767 million. Viasat — The communications company reported a narrower loss in the latest quarter with strength seen in communication services segment, prompting the stock to gain 5%. Raymond James also upgraded the shares following the results. Diageo — The spirits giant announced it’s bringing in former Tesco chief Dave Lewis as new CEO to revive growth. The news sent the stock up 5%. Lewis, who will join Diageo in 2026, is best known for cost-cutting and innovative marketing. — CNBC’s Alex Harring, Lisa Kailai Han, Pia Singh and Michelle Fox contributed reporting.
Add A Comment
About Us
Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
Popular Post
© 2025 Finderica.com – All rights reserved.