These are the stocks posting the largest moves in midday trading.
Check out the companies making headlines in midday trading. Rivian Automotive – Shares popped 19% after the electric vehicle maker's vehicle production and deliveries for 2024 met the company's previously announced guidance. This comes after the company had lowered its production target for the full year in October. U.S. Steel – Shares fell 6% following President Joe Biden's decision to block Japan's Nippon Steel from acquiring U.S. Steel . Biden said the proposed $14.
Meanwhile, Constellation Brands shares fell 1%. Constellation Energy — Shares jumped 4.1%, extending their gains from Thursday when the company announced it received more than $1 billion in contracts to supply the U.S. government with nuclear power over the next decade. Carvana – Shares dropped 5% after short-seller Hindenburg alleged Carvana's recent turnaround is a "mirage" based on unstable loans and accounting manipulation . The online used-car seller stock surged 284% in 2024.
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