These are the stocks posting the largest moves in midday trading.
Check out the companies making headlines in midday trading: Tech stocks — Key tech names rallied a day after the Federal Reserve's supersized rate cut decision. Tesla and Meta jumped around 7% and 4%, respectively, while chip darlings Nvidia and ASML each advanced more than 5%. Edgewise Therapeutics — Shares skyrocketed more than 54% after the biopharmaceutical company announced positive top-line trial data for a heart disease treatment.
The unnamed client comprised 12% and 13% of Progyny's revenue for the six-month period that ended June 30, and the 12-month period that ended Dec. 31, 2023, respectively, the company said in a filing postmarket Wednesday. DoorDash — The stock moved about 4% higher due to an upgrade to buy from neutral at BTIG. The firm sees more growth for DoorDash in the third quarter as it does not believe a weaker consumer will hurt delivery demand.
Economy Breaking News: Economy Stock Markets Market Insider Markets ASML Holding NV Coinbase Global Inc Microstrategy Inc Coursera Inc Meta Platforms Inc Tesla Inc Doordash Inc ASML Holding NV NVIDIA Corp Nextera Energy Partners LP Darden Restaurants Inc Mobileye Global Inc Progyny Inc Edgewise Therapeutics Inc Five Below Inc Alibaba Group Holding Ltd Alibaba Group Holding Ltd Uber Technologies Inc Regwall-Marketmovers Business News
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