Stock Groups

American Eagle Outfitters, Unilever, Nio and more

[ad_1]

Nio has begun deliveries of its ET7, an elegant electric sedan on Monday March 28, 2022.

Nio

Take a look at the top mid-day traders.

Marathon Oil, Diamondback Energy — Energy stocks rose along with oil prices after an agreement from European Union leaders to ban most crude importsRussia has stoked inflation worries. Marathon Oil’s shares rose by more than 4 percent, while Diamondback Energy saw 1.9% growth.

Alibaba, JD, Baidu — A slew of Chinese stocks listed in the U.S. rallied after the country’s Covid-19 lockdown measures eased. Alibaba gained 2.9% and JD nearly 6%. Internet giant Baidu increased its share by more than 4%. This lockdown was implemented in Shanghai in March.

Unilever — The consumer products company saw its shares jump 9.4% after it named activist investor Nelson PeltzTo its board. Trian Fund Management founder partner and CEO acquired 1.5% in the company. He will assume his new duties July 20.

DexCom — Shares jumped more than 4% after DexCom deniedBloomberg reportAccording to unnamed sources, it has been in discussions with Insulet about acquiring the medical device company Insulet. According to a Tuesday report, Dexcom said that it isn’t commenting on speculation or rumors. However …. they wanted to confirm that Dexcom was not involved in active negotiations regarding a merger transaction. statementFrom the company. Insulet’s shares plummeted by over 10%.

Yamana Gold — The miner’s shares jumped more than 6% after Yamana Gold agreed to be acquired by Gold Fields in a $6.7 billion all-stock transaction.

Credit Suisse — The bank’s shares dropped roughly 4% after Credit Suisse denied a Reuters reportIt is currently looking at ways of raising capital to cover its losses. Two unnamed sources reported that Credit Suisse was considering options such as selling existing shareholders shares or selling a business unit, like its asset management arm.

Sanofi — Shares dropped 3% after the pharmaceutical company’s trial for the over-the-counter version of its erectile dysfunction drug Cialis was put on hold by the FDA. Sanofi saidThe FDA has requested that the FDA continue working with it on the next steps.

Nio — Shares jumped more than 5% following a note from Morgan Stanley that said the China-based electric vehicle maker could rebound as soon as the next 15 days. Analysts believe Nio will see a significant boost after China removed some Covid restrictions this weekend.

American Eagle Outfitters — The apparel retailer’s shares slid 8.5% after Morgan Stanley downgraded the stock to underweightHe also warned that there could be more downside. The reasons the bank downgraded were attributed to risks to sales and margins.

Dish Network — The telecom company’s shares added more than 3% after Truist upgraded the stock to buy from hold. Truist pointed out Dish’s 5G coverage push as an upside potential play for them.

— CNBC’s Yun Li, Tanaya Macheel, Jesse Pound and Samantha Subin contributed reporting.

[ad_2]