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Coinbase, Boeing, Carnival and more


Coinbase signs in Times Square, New York during its initial public offering (Nasdaq) on April 14, 2021.

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These are the headline-grabbing companies in midday trading. 

Coinbase — Shares of the crypto exchange fell 6.9% on Tuesday as digital currencies came under pressure. Midday trading saw the price of bitcoin, ethereum and other digital currencies fall by around 5%.

Boeing — Shares of Boeing rose 1.5% to lead the Dow Jones Industrial Average. On Tuesday, Indonesia lifted a ban from Boeing on its 737 Max. This was two years after the plane’s fatal crash. Ethiopian Airlines also plans to resumeIn February, fly the 737 Max

Carnival, United Airlines — Shares of travel related stocks rebounded Tuesday after struggling Monday amid Covid-related disruptions to the industries. Carnival cruise line rose 1.2%. United Airlines grew 1.9%, American Airlines gained 1.6%, and Delta Air Lines rose 1.5%

Vipshop Holdings — The China-based e-commerce company’s stock fell 5% after it cut its current quarter revenue guidance. Jefferies stated that Vipshop’s consumer demand was likely to be affected by warmer temperatures and the increase in Covid-19 case numbers.

Vista Outdoor — Shares of the shooting sports company jumped 3.7% after it announcedAcquisition of Stone Glacier, a manufacturer of hunting gear.

Digital Turbine — The software stock rose less than 1% after the company announced a multiyear strategic partnership with Google. According to the company, the agreement will help accelerate the development of its products and grow the Android ecosystem.

— CNBC’s Hannah Miao and Jesse Pound contributed reporting.