Stocks making the biggest moves midday: Roblox, Continental Resources, Fox Corp, and more

Rafael Henrique | SOPA photos | Light Rocket | Getty Images

Check out the companies making the biggest moves in the middle of the day:

Roblox Roblox shares rose 21% after the online gaming company reported metrics for September that showed stronger participation than last year.

apple The tech giant saw its shares rise more than 2% after Morgan Stanley reiterated that the stock was in surplus. Wall Street said Apple would be better off than other tech companies in the event of an economic downturn, thanks to its loyal user base.

continental resources Shares of the American oil company rose 8.5% after Chairman and Founder Harold Hamm and his family reached a deal to acquire shares of Continental Resources, which it does not already own, for $74.28 per share.

Fox CorpAnd the News Corp Fox shares fell 8%, while News Corp shares rose more than 4% after Rupert Murdoch formed a special committee to explore a potential deal that would bring the two media companies back together. On Monday, Credit Suisse cut Fox’s rating to neutral from outperformance in the news.

Netflix Netflix stock rose 7% at midday. Wells Fargo reiterated its equal weight rating on the streaming service ahead of the company’s earnings this week. Netflix announced last week that it will launch a new ad-supported service for $6.99 per month.

antiquity energy Natural product stocks rose 53% after the company agreed to acquire BP for $26 a share. The transaction value is approximately $4.1 billion. BP Shares are up more than 1%.

Splink The software company’s shares rose 6.6% after a report that activist investor Starboard Value owns nearly 5% of its shares. Starboard also has plans for Splunk to help boost its share price, according to the Wall Street Journal.

hook The supermarket chain’s share fell 2.7% after Northcoast lowered its buy-neutral rating to neutral. Company analysts have indicated reservations about Kroger’s merger with Albertsons getting approved.

Cloud Flare Cloudflare stock jumped 14% after Wells Fargo upgraded the IT services management company to an overweight of the same weight. Wells Fargo said the downturn in stocks this year has created an attractive entry point, and he believes the company will benefit from an increased focus on consolidation.

the power of the sunAnd the sonova – Shares of SunPower and Sunnova rose about 2.6 and 3%, respectively, after Susquehanna began covering solar and renewable energy companies with a positive rating. The company’s analysts said they would benefit from the law to reduce inflation.

dish network Dish Network stock is up 8% on Monday. Stocks lost more than 7% last week on the news Conex Corp. It said it was in talks to acquire Dish’s wireless retail unit Boost Mobile.

Swiss credit Credit Suisse shares rose 4.7% after the weekend report that it was ready to sell part of its Swiss bank to raise capital. The bank also recently agreed to pay $495 million to settle a case related to mortgage-related investments in the United States. Christian Messner, head of his investment bank, is set to leave the company in the coming weeks, according to Bloomberg.

Speculative Technology Stocks – South American E-Commerce Stocks free market Chinese tech stock rose 11% Bindudu It jumped more than 6%. American names octa And the Zscaler Popping 6.2% and 7.2%, respectively. Treasury yields fell on Monday and investors turned to more risky deals.

Banking Shares – Several banking stocks rose on Monday amid positive earnings for the sector. American bankBetter-than-expected bond trading, which beat estimates, is up more than 5%. Bank of New York Mellon Gained 4.9% after beating his winnings and signature bankWhich is due to report earnings on Tuesday, jumped 6%.

CNBC’s Alex Harring, Carmen Reinicke, Yun Li, Tanaya Macheel and Jesse Pound contributed to the report.

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