Midday Stock Movers: Robinhood, Meta Platforms, Beyond Meat By Investing.com

Midday Stock Movers: Robinhood, Meta Platforms, Beyond Meat

Stock Markets Apr 12, 2022 11:54AM ET

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Midday Stock Movers: Robinhood, Meta Platforms, Beyond Meat

By Sam Boughedda

Investing.com -- U.S. stocks are gaining Tuesday, with the Nasdaq the biggest mover at +1.26% around lunchtime. Here are the midday movers on Tuesday, April 12th.

CarMax Inc (NYSE:KMX) is trading 5% lower midday Tuesday after it reported on its latest quarter before the bell. The company missed earnings expectations but beat revenue estimates.

Beyond Meat Inc (NASDAQ:BYND) has risen 1.73% on news it is expanding its meatless chicken tenders product to over 8,000 grocery, pharmacy and big-box retail outlets across the US.

Crowdstrike Holdings Inc (NASDAQ:CRWD) has climbed 5% on an upgrade from Goldman Sachs from Neutral to Buy, stating the company is “well positioned in the sweet spot of demand.”

Meta Platforms Inc (NASDAQ:FB) CEO Mark Zuckerberg said the company will test selling goods in Horizon Worlds, its virtual reality platform, sending its stock 1% higher.

Robinhood Markets Inc (NASDAQ:HOOD) revealed it has added four popular cryptocurrencies to its platform. The cryptos are Shiba Inu, Solana, Polygon and Compound. The news has resulted in a 3.88% increase in Robinhood's stock price.

Hewlett Packard Enterprise Co (NYSE:HPE) is now down just under 1%, despite a 3.5% decline premarket after it was downgraded by Morgan Stanley to “Underweight” from “Equal Weight.” The move was part of an overall downgrade on telecom and networking equipment stocks.

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By Joyce Lee, Soo-hyang Choi and Heekyong Yang SEOUL (Reuters) -South Korea's President Yoon Suk-yeol pardoned Samsung Electronics (OTC:SSNLF) Vice Chairman Jay Y. Lee on Friday,...

Russia’s Rusal Flags Going Concern Risk as Sanctions Bite By Investing.com - Aug 11, 2022 3

By Ambar Warrick Investing.com-- Russian aluminum producer Rusal (MCX:RUAL) (HK:0486) reported a weaker half-year profit on Friday, and flagged uncertainty over its ability to...

Fox names Chris Wallace successor: legal correspondent, 'Women of the Bible' author By Reuters - Aug 11, 2022 6

(Reuters) -Fox News Channel on Thursday announced its chief legal correspondent Shannon Bream would anchor "Fox News Sunday," replacing departed anchor Chris Wallace and becoming...

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Comments (1)

zen cool Apr 12, 2022 8:34PM ET

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totally insider trading from MS analyst! shortsell before announce this non sense report. Now make use of the report and buy back at low price. This person should be investigated and take off her license!

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