• About Us
  • Contact Us
Today Headline
No Result
View All Result
  • breaking news today
    • Politics news
    • Sports
    • Science News & Society
  • Entertainment News
    • Movie
    • Gaming
  • Technology News
    • Automotive
    • Software & IT
  • Health News
    • Lifestyle
    • Insurance
  • Finance News
    • Money
  • Enterprise
  • Contact Us
  • breaking news today
    • Politics news
    • Sports
    • Science News & Society
  • Entertainment News
    • Movie
    • Gaming
  • Technology News
    • Automotive
    • Software & IT
  • Health News
    • Lifestyle
    • Insurance
  • Finance News
    • Money
  • Enterprise
  • Contact Us
No Result
View All Result
TodayHeadline
No Result
View All Result

Stocks making the biggest moves midday: Spirit Airlines, Eli Lilly, Signature Bank and more – CNBC

1 year ago
in breaking news today
Reading Time: 3 mins read

Spirit Airlines planes on the tarmac at the Fort Lauderdale-Hollywood International Airport on February 07, 2022 in Fort Lauderdale, Florida.

Joe Raedle | Getty Images

Check out the companies making headlines in midday trading Monday.

Spirit, JetBlue — Shares of JetBlue Airways dipped 4.7% on news that the company’s offering $30 a share to take over Spirit Airlines. The airline turned down a previous offer from JetBlue amid a planned merger with Frontier Airlines. Spirit’s shares soared 11% on the takeover news.

Eli Lilly — The drugmaker’s shares jumped 3.2% after the Food and Drug Administration approved the company’s tirzepatide treatment for type 2 diabetes for adults. The drug is expected to be available in the United States in the coming weeks.

Signature Bank — Shares fell 5.6% after the bank gave a midquarter update. Signature reported total deposits are down $1.39 billion. The drop comes as the crypto market is experiencing steep losses. Signature is known for serving crypto institutions, and swings in crypto prices can be reflected in its crypto-related deposit and transaction volume growth.

Carvana — Carvana shares gained 4.1% after the online used car retailer forecast a quicker-than-expected timeline for profitability. The company also shared plans to cut costs.

Twitter — Twitter shares were 6.6% lower Monday as speculation about whether Elon Musk would complete his takeover deal of the social media company continued. The Tesla CEO tweeted over the weekend that Twitter’s legal team said he violated a nondisclosure agreement.

Nucor Corporation — Shares of the steel products manufacturer fell more than 6% after the company announced plans to acquire C.H.I. Overhead Doors, a manufacturer of overhead doors for residential and commercial markets in the U.S. and Canada. The transaction is valued at $3 billion and is expected to be completed in June.

Rivian, Ford — Shares of Rivian fell more than 8.3% after Ford Motor disclosed in a Securities and Exchange Commission filing that it sold an additional 7 million shares of the electric vehicle maker. That follows Ford’s earlier sale of 8 million shares last week. Ford shares fell 3.2%.

SoFi — Shares of the consumer financial services provider rose 3.5% after Piper Sandler upgraded them to overweight from neutral, saying they have the potential to rebound by about 50% on earnings momentum in the second half of this year and into 2023.

Warby Parker — The eyewear company fell 3.7% after it reported an unexpected loss of 30 cents per share as compared with estimates of a 1 cent per share profit, according to Refinitiv, for its most recent quarter. It also posted weaker-than-expected revenue.

Energy stocks — Energy names were the top gainers in the S&P 500 on Monday, as oil prices got a boost after the European Union moved closer to banning crude imports from Russia. Occidental Petroleum and APA Corp advanced more than 4%. Marathon and Devon Energy gained more than 3% along with Chevron.

 — CNBC’s Hannah Miao and Samantha Subin contributed reporting.

Related Posts

breaking news today

Teenager who threatened Aled Jones with machete and stole Rolex given 24-month detention order

A machete-wielding teenager who threatened...

Read more

Official stop and search figures published with ‘dodgy’ warning

What to know about Paris’s race against bedbugs to the 2024 Olympic Games | Health News

Record-Breaking Global Migration — Global Issues

What the new Assassin’s Creed game tells us about ninth-century Baghdad – from the art historian who worked on the game

Load More
  • Trending
  • Comments
  • Latest

The Mississippi Is Mighty Parched

Class-action suit filed against Binance for alleged harm to FTX before its collapse

Liz Truss Accused Of “Corbynite Toryism” And Disrupting Conservative Conference

CoStar’s Rising Homes.com Upsets Realtor.com To Become No. 2 Portal

Markets Mixed at Midday as US Avoids Shutdown but Rate Hike Worries Persist

Morphing robots can grip, climb and crawl like insects

Where to Watch Simone Biles in 2023 Gymnastics World Championships Live Stream

Diddy Predicts Hip Hop’s Next Billionaires

Lad, 17, who wed pensioner after meeting at funeral pays tribute as she turns 80

Lad, 17, who wed pensioner after meeting at funeral pays tribute as she turns 80

Teenager who threatened Aled Jones with machete and stole Rolex given 24-month detention order

About Us

Todayheadline the independent news and topics discovery
A home-grown and independent news and topic aggregation . displays breaking news linking to news websites all around the world.

Follow Us

Latest News

Morphing robots can grip, climb and crawl like insects

Where to Watch Simone Biles in 2023 Gymnastics World Championships Live Stream

Diddy Predicts Hip Hop’s Next Billionaires

Morphing robots can grip, climb and crawl like insects

Where to Watch Simone Biles in 2023 Gymnastics World Championships Live Stream

Diddy Predicts Hip Hop’s Next Billionaires

  • Real Estate
  • Parenting
  • Cooking
  • NFL Games On TV Today
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2023 All rights are reserved Today headline

No Result
View All Result
  • Real Estate
  • Parenting
  • Cooking
  • NFL Games On TV Today
  • Travel and Tourism
  • Home & Garden
  • Pets
  • Privacy & Policy
  • Contact
  • About

© 2023 All rights are reserved Today headline