HomeMarketsMidday movers: Nvidia, Carnival Rise; SolarEdge, Pool fall By Investing.com

Midday movers: Nvidia, Carnival Rise; SolarEdge, Pool fall By Investing.com

Investing.com — U.S. stock traded in a mixed fashion Tuesday, with the tech stocks bouncing after the previous session’s sharp losses.

Here are some of the biggest premarket U.S. stock movers today:

  • Nvidia (NASDAQ:) stock rose 2.3%, bouncing after the chipmaker slumped almost 7% during the last session, moving its market cap back above the $3 trillion threshold.

  • SolarEdge (NASDAQ:) stock fell 17% after the renewable energy company announced plans to offer $300 million in new debt.

  • Birkenstock (NYSE:) stock slid 3.8% after the footwear maker said a top shareholder plans to offload 14 million shares in a public offering.

  • Novo Nordisk (NYSE:) stock rose 2.1% after the drugmaker’s blockbuster Wegovy weight-loss treatment received approval from regulators in China.

  • Spirit AeroSystems (NYSE:) stock fell 3.3% following a Bloomberg report indicating Boeing (NYSE:) has offered to acquire the airplane fuselage maker in a deal funded mostly by stock that values its key supplier at about $35 per share.

  • Trump Media & Technology Group (NASDAQ:) stock rose 9.2%, extending Monday’s gains after the former president’s company had announced it expected $69.4 million in proceeds from cash exercise of warrants.

  • Pool (NASDAQ:) stock fell 11% after the swimming pool products distributor cut earnings and revenues expectations, citing lower new pool construction and remodel activities.

  • Mastercard (NYSE:) stock rose 0.2% with Commerzbank rating the U.S. payment service provider as a “strong buy”, citing its robust growth prospects and its leading position in global payments.

  • Airbus (OTC:) stock fell 11% after the aircraft manufacturer said it was cutting its financial targets for 2024, citing supply chain issues and additional costs in its space systems division.

Content Source: www.investing.com

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