Nio began deliveries of its new ET7, an upscale electric sedan, on Monday, March 28, 2022.
NIO
Learn about the companies making headlines in mid-day trading.
marathon oil, Diamondback Energy Energy stocks rose along with oil prices after a deal from EU leaders Ban most crude imports Inflation fears arose from Russia. Marathon Oil shares gained more than 4%, and Diamondback Energy shares were up 1.9%.
Ali Baba, range, Baidu – Many Chinese stocks listed in the US rose after the fall country’s covid-19 lockdown measures Slow down Alibaba jumped 2.9%, while JD gained about 6%. Internet giant Baidu popped more than 4%. The lockdown was announced in Shanghai in March and was an overhang for the Chinese stock market.
Unilever –The consumer products company jumped 9.4% after naming its shares Activist Investor Nelson Peltz to its board. The CEO and founding partner of Trion Fund Management has acquired a 1.5% stake in the company, and his new role will be effective from July 20.
Dexcom Shares jump over 4% after Dexcom denied a bloomberg report good Citing unnamed sources, it is in talks to acquire medical device company Insulet. “In general it is our policy not to comment on rumors or speculation, however….we would like to confirm that DexCom is not in active discussion with respect to the merger transaction at this time,” read Tuesday. . Statement Company. Meanwhile, Insulet shares fell over 10%.
Yamana Gold Miner shares rose more than 6% after Yamana Gold agreed to be acquired by Gold Fields in an all-stock transaction worth $6.7 billion.
swiss credit – Bank shares fall nearly 4% after Credit Suisse denial Reuters report That it is looking at ways to raise capital after its recent losses. The news report, citing two unnamed sources, said that Credit Suisse is looking at options including selling shares to existing shareholders or selling a business entity such as its asset management unit.
Sanofic Shares fell 3% after the drug company tested an over-the-counter version of its erectile dysfunction drug Cialis, which was halted by the FDA. Sanofic Told Trail was halted “due to matters surrounding protocol design” and will continue to work with the FDA on next steps.
NIO Shares jumped more than 5% after a note from Morgan Stanley said the China-based electric vehicle maker could rebound at the earliest in the next 15 days. Analysts said the NOO was set for a boost as China lifted some COVID restrictions over the weekend.
American Eagle Outfitters Shares of apparel retailer slip 8.5% after Morgan Stanley underweight the stock And that further decline may come. The bank cited risks to margins and sales as reasons for the downgrade.
dish network —Truist in the shares of the telecom company . increased by more than 3% after Upgraded stock to buy from hold, Truist cited Dish’s emphasis on 5G coverage as a potential upside game for the company.
— CNBC’s Yun Lee, Tanaya Machiel, Jesse Pound and Samantha Subin contributed reporting.