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\n \n Mirion Technologies<\/strong> \u2014 The radiation detection company saw its shares fall over 8% after announcing a common stock offering worth $300 million. Additionally, Mirion is selling $250 million in convertible bonds, contributing to investor concerns.\n <\/p>\n \n Worthington Steel<\/strong> \u2014 This metal processing firm experienced an 8% drop in stock value due to mixed fiscal first-quarter results. Although sales and operating income showed growth compared to the previous year, a decline in production volume raised red flags for investors.\n <\/p>\n \n Freeport-McMoRan<\/strong> \u2014 Shares of this mining giant slid 5%, adding to a significant 17% drop from Wednesday. The stock has been under pressure following the declaration of force majeure at its Grasberg mine in Indonesia, raising concerns about future operations.\n <\/p>\n \n MP Materials<\/strong> \u2014 In contrast, this rare earths mining stock surged by 10%. While the exact catalyst for this increase remains unclear, MP Materials has seen a remarkable rise of over 190% this year, attracting investor attention.\n <\/p>\n \n Oracle<\/strong> \u2014 The database software company fell 5% amid ongoing worries regarding the AI trade. Rothschild & Co Redburn initiated coverage of Oracle with a sell rating, suggesting that the market is “materially” overestimating the company’s contracted cloud revenues. They predict a potential drop of over 40% for the stock.\n <\/p>\n \n Intel<\/strong> \u2014 Shares rose by 6% following a Bloomberg report indicating that Intel has approached Apple about a potential investment in the chipmaker. The discussions are reportedly in the early stages, which has sparked optimism among investors.\n <\/p>\n \n Transocean<\/strong> \u2014 The offshore driller’s stock plummeted 12% after announcing plans to sell 125 million shares at a price of $3.05, significantly lower than Wednesday’s closing price of $3.64. This move raised concerns about the company’s financial health.\n <\/p>\n \n Opendoor Technologies<\/strong> \u2014 Shares of this online real estate platform climbed 7% after trading firm Jane Street disclosed a 5.9% stake in the company. Opendoor’s stock has surged over 400% this year, reflecting growing investor confidence.\n <\/p>\n \n Lithium Americas<\/strong> \u2014 This mining stock jumped another 17%, building on a massive 95.8% surge from the previous session. The stock’s rise is linked to the Trump administration’s interest in acquiring an equity stake in the Canadian company.\n <\/p>\n \n Jabil<\/strong> \u2014 Despite reporting an earnings and revenue beat for its fourth quarter, the electronic manufacturing company saw its shares slip 6%. Jabil’s core earnings were $3.29 per share, exceeding the $2.92 consensus estimate, while revenue of $8.25 billion also surpassed expectations.\n <\/p>\n \n Stitch Fix<\/strong> \u2014 Shares tumbled 17% after the online styling company reported lower adjusted EBITDA for the fourth fiscal quarter compared to the previous year. Additionally, Stitch Fix noted a nearly 8% decline in its active client base year over year.\n <\/p>\n \n UniQure<\/strong> \u2014 The biotech firm saw its stock soar nearly 9% following positive results from a clinical trial of its experimental gene therapy for Huntington’s disease, which showed promise in slowing the disease’s progression.\n <\/p>\n \n CarMax<\/strong> \u2014 Shares plummeted 19% after the used car retailer reported disappointing quarterly results. CarMax posted earnings of 64 cents per share in the second quarter, significantly below the anticipated $1.04 earnings per share, with revenue of $6.59 billion missing the $7.01 billion consensus estimate.\n <\/p>\n \n \u2014 CNBC’s Sarah Min and Alex Harring contributed reporting.\n <\/p>\n<\/p><\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":" Check out the companies making the biggest moves midday: Mirion Technologies \u2014 The radiation detection company saw its shares fall over 8% after announcing a common stock offering worth $300 million. Additionally, Mirion is selling $250 million in convertible bonds, contributing to investor concerns. Worthington Steel \u2014 This metal processing firm experienced an 8% drop […]<\/p>\n","protected":false},"author":1,"featured_media":1353,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[28],"tags":[],"class_list":["post-1352","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-investing"],"_links":{"self":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/posts\/1352","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/comments?post=1352"}],"version-history":[{"count":0,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/posts\/1352\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/media\/1353"}],"wp:attachment":[{"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/media?parent=1352"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/categories?post=1352"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/igorsplayground.com\/appcheckr\/wp-json\/wp\/v2\/tags?post=1352"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}
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\n Check out the companies making the biggest moves midday:
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