{"id":123994,"date":"2021-12-14T19:32:20","date_gmt":"2021-12-14T19:32:20","guid":{"rendered":"https:\/\/fin2me.com\/?p=123994"},"modified":"2021-12-14T19:32:20","modified_gmt":"2021-12-14T19:32:20","slug":"stocks-making-the-biggest-moves-midday-beyond-meat-amc-tesla-and-more","status":"publish","type":"post","link":"https:\/\/fin2me.com\/markets\/stocks-making-the-biggest-moves-midday-beyond-meat-amc-tesla-and-more\/","title":{"rendered":"Stocks making the biggest moves midday: Beyond Meat, AMC, Tesla and more"},"content":{"rendered":"

Check out the companies making headlines in midday trading.<\/em><\/p>\n

GameStop, AMC Entertainment \u2014 Meme stocks rebounded from a steep sell-off in the previous session.\u00a0GameStop last traded up about 1.2% after losing nearly 14% on Monday.\u00a0AMC reversed 1.2% higher after dropping as much as 10% earlier in the day. The movie theater operator's stock fell more than 15% in the prior session. These speculative trades\u00a0were hit hard Monday amid a broad market sell-off, as investors dumped risky names after a head-turning year.<\/p>\n

Beyond Meat \u2014 Shares of the alternative meat stock jumped 6.7% after Piper Sandler upgraded Beyond Meat to neutral from underweight. The investment firm said in a note that a potential product launch in McDonald's in early 2022 could boost Beyond's results.<\/p>\n

Tesla \u2014 Shares of the electric vehicle company fell 2.6% after CEO Elon Musk\u00a0sold another $906 million\u00a0of his shares on Monday. This brings the total amount of shares he's sold to 11.9 million as of Tuesday, according to InsiderScore\/Verity.<\/p>\n

Terminix \u2014 The pest control company saw its stock soar roughly 18% after it agreed to be acquired by British rival\u00a0Rentokil as it seeks to push further into the U.S. market, the largest in the world for pest control. The deal values Terminix at $6.7 billion.<\/p>\n

Dell Technologies \u2014 Shares of Dell Technologies slipped 1.6% in midday trading after Evercore ISI downgraded the stock to in line from outperform. The Wall Street firm said after a 60% rally in 2021, upside is likely to be more muted.<\/p>\n

Neogen\u00a0\u2014 Shares of Neogen rallied 7.9% after the company announced a deal to combine with 3M's food safety business.<\/p>\n

Ralph Lauren, Capri Holdings \u2014 Ralph Lauren shares retreated 2.7 % after Goldman Sachs double-downgraded the stock to a sell rating from a buy rating. The firm said Ralph Lauren's brand health is fading and sees limited growth potential ahead. Meanwhile, Capri shares rose 1.7% after Goldman upgraded the Michael Kors-parent to a buy rating from neutral on margin improvements.<\/p>\n

\u2014 CNBC's Jesse Pound, Tanaya Macheel, Yun Li and Maggie Fitzgerald contributed reporting<\/em><\/p>\n

Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Check out the companies making headlines in midday trading. GameStop, AMC Entertainment \u2014 Meme stocks rebounded from a steep sell-off in the previous session.\u00a0GameStop last […]<\/p>\n","protected":false},"author":3,"featured_media":123993,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"yoast_head":"\nStocks making the biggest moves midday: Beyond Meat, AMC, Tesla and more - Fin2me<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fin2me.com\/markets\/stocks-making-the-biggest-moves-midday-beyond-meat-amc-tesla-and-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stocks making the biggest moves midday: Beyond Meat, AMC, Tesla and more - Fin2me\" \/>\n<meta property=\"og:description\" content=\"Check out the companies making headlines in midday trading. 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