Business & Investment

Stocks that move the most at noon: Tesla, PayPal, Pinterest, etc.

Pedestrians pass in front of the Pinterest sign that appears outside the New York Stock Exchange.

Michael Neagle | Bloomberg | Getty Images

Check out the companies that make headlines for trading at noon.

PayPal, Pinterest – PayPal’s share has risen by more than 3% as PayPal’s share has fallen by more than 12% after addressing reports that it’s in talks to buy Pinterest last week, and is currently pursuing the acquisition of social media giants. I made it clear that I didn’t. “” Last week, Pinterest’s share price soared in the report, but PayPal’s share price fell.

Tesla — The share of electric vehicle companies has skyrocketed by more than 9%, setting the record for the highest followers ever. News that Hertz is ordering 100,000 vehicles to build an EV rental fleet The deal, which brings Tesla a $ 4.2 billion report, is the largest purchase ever for an electric vehicle.Morgan Stanley Also raised the price target In stock.

Kimberly-Clark — Kimberly-Clark’s share price fell 3.2% after a consumer products company’s quarterly earnings of $ 1.62 per share, 3 cents lower than Refinitiv’s consensus forecast. Kimberly Clark said inflation and supply chain problems are having a negative impact on earnings.

Restaurant Brands International —Restaurant Brands International shares fell 3.7% after the company reported quarterly results. Burger King and the parent companies of other chains were above expectations of 2 cents per share, while earnings were slightly below expectations. The company said labor issues had an impact on its business.

Exxon mobile — The share of energy stocks rose when oil prices rose and US benchmark WTI crude reached its highest level in seven years. Exxons increased 1.7%, ConocoPhillips increased 1.4%, and chevrons increased 1%.

Buckt — BAKKT’s share has since skyrocketed by more than 75% CNBC reported The newly published crypto company will provide Mastercard management services. MasterCard will soon allow banks and merchants to integrate cryptography into their products. This includes Bitcoin wallets, credit and debit cards, and you can earn rewards with crypto and loyalty programs that can convert points to Bitcoin.

carnival, Norwegian Cruise Line — Carnival’s share has since fallen 1.8% Citi downgraded shares From purchase to neutral. Meanwhile, Norwegian stocks rose 0.9% after Citi began bi-rating stock coverage. Citi analysts said, “The cruise line plans to sail the full fleet by next summer, and the consumer interest reflected in web traffic data is built specifically for high-end brands. There are. “

Otis Worldwide — Elevator and escalator manufacturers have confirmed that their market share has fallen by about 3%, even after a better-than-expected quarterly report. According to FactSet, Otis outperformed the top and bottom lines in third-quarter revenue and revenue. This year’s share has risen by more than 23%.

Whirlpool — Whirlpool’s share has since fallen 1.3% RBC has downgraded inventory Underperform from sector performance. According to the company, Whirlpool is losing market share and margins are expected to weaken.

Warby Parker – Eyewear brand share surged 4.7% after Goldman Sachs Start stock as a buy.. In addition to the company’s brand power, Goldman also mentioned expanding physical store footprint and market share.

— CNBC’s YunLi and Tanaya Macchel contributed to the report

Stocks that move the most at noon: Tesla, PayPal, Pinterest, etc.

https://www.cnbc.com/2021/10/25/stocks-making-the-biggest-moves-midday-tesla-paypal-pinterest-more.html Stocks that move the most at noon: Tesla, PayPal, Pinterest, etc.

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