Take a look at the businesses making headlines in noon buying and selling: UnitedHealth — The well being insurer’s inventory popped roughly 8.2% as traders scooped up shares of the beaten-down identify, which misplaced 23% final week. UnitedHealth has suspended its 2025 steering, introduced that its CEO is stepping down and is reportedly the topic of a U.S. Division of Justice investigation . Reddit — Shares of the social media inventory dropped 4.6% following a downgrade to equal weight from obese at Wells Fargo. The agency mentioned search visitors disruptions at Reddit are more likely to grow to be lasting as Google’s search integrates full synthetic intelligence capabilities. Tesla , Palantir — Shares of retail investor favorites Tesla and Palantir every slid greater than 2% as key tech shares led Monday’s inventory market losses. Regeneron Prescribed drugs — Shares of the drugmaker added almost 0.4% after the corporate introduced it had agreed to pay $256 million to purchase a lot of the belongings of genetic knowledge firm 23andMe out of chapter. Regeneron’s deal doesn’t embrace Lemonaid Well being, 23andMe’s telehealth subsidiary. Tub & Physique Works — Shares edged 0.5% decrease after the private care retailer mentioned CEO Gina Boswell would step down instantly. The corporate mentioned former Nike govt Daniel Heaf would substitute her. Alibaba — U.S.-listed shares of the Chinese language e-commerce big traded 0.4% decrease after the New York Instances reported that the Trump administration has raised considerations about Apple’ s plan to make use of Alibaba’s AI on iPhones in China. TXNM Power — Shares of the power firm popped 7% after TXNM agreed to be acquired by Blackstone’s infrastructure unit. TXNM Power shareholders will obtain $61.25 in money for every share as a part of the deal. — CNBC’s Alex Harring, Jesse Pound and Michelle Fox contributed reporting.
