Get 40% Off
🚨 Volatile Markets? Find Hidden Gems for Serious Outperformance
Find Stocks Now

Midday Movers: Boeing, MicroStrategy, Moderna and More

Published 06/15/2022, 12:33 PM
Updated 06/15/2022, 12:42 PM
© Reuters.

By Liz Moyer

Investing.com -- U.S. stocks rose on Wednesday ahead of the Federal Reserve's decision on interest rates. Here are the midday movers for June 15: 

  • Boeing Co (NYSE:BA) shares rose 8% on a report that China Southern Airlines was testing flights with the plane maker's 737 MAX.
  • MicroStrategy Incorporated (NASDAQ:MSTR) stock rose 8.6% after the software services company, which happens to be a big investor in Bitcoin, assured investors that it had plenty of collateral to meet any margin requirements it could face regarding that stake. Bitcoin's price fell 7%, to around $21,953.
  • Moderna Inc (NASDAQ:MRNA) shares rose 7.5% after an advisory panel to the Food and Drug Administration recommended its Covid-19 vaccine for children aged 6 to 17.
  • Goldman Sachs Group Inc (NYSE:GS) shares rose 2.6% to lead the banking sector higher as the prospect of rising rates is seen benefitting bank lending profits.
  • Nucor Corp (NYSE:NUE) shares rose 2.5% after an upbeat forecast for profit based on strong demand for steel.
  • Zendesk Inc (NYSE:ZEN) shares rose 4% after it said it was negotiating with activist investor Jana Partners after failing to find a buyer.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.