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Stocks making the biggest moves midday: RCAT, RGTI, HMC

by Investor News Today
December 27, 2024
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Stocks making the biggest moves midday: RCAT, RGTI, HMC
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Try the businesses making headlines in noon buying and selling: Rigetti Computing — The quantum computing inventory soared 10%, including to the sector’s strong end-of-year rally . Shares of Rigetti are actually up 1,674% on the yr. KULR Expertise Group — Shares pulled again round 9%, reversing the beneficial properties seen within the earlier session. On Thursday, the inventory superior greater than 40% after the area expertise firm mentioned it purchased 217.18 bitcoin value about $21 million. This was the corporate’s first buy because it introduced a brand new bitcoin treasury initiative on Dec. 4, when bitcoin handed the $100,000 degree for the primary time. Honda — The automaker added 1%, extending beneficial properties after asserting earlier this week that it formally started merger talks with fellow Japanese carmaker Nissan. That lifted Honda’s week-to-date achieve to twenty.7%, placing the inventory on observe to notch its greatest week since 1988. Amedisys , UnitedHealth — Shares of Amedisys rose about 5%, whereas UnitedHealth inventory was fractionally decrease after the businesses entered into a brand new waiver settlement, a submitting revealed. This new settlement extends the deadline to shut their $3.3 billion merger. MicroStrategy — The cryptocurrency-linked inventory slipped practically 4%. It had beforehand traded greater early Friday morning as the value of bitcoin rose above $96,000. Crimson Cat Holdings — The drone inventory plunged practically 10%. It was beforehand buying and selling greater on Friday morning, including on to its large year-to-date rally of 1,275%. Shares of Crimson Cat rose in December after drone sightings within the Northeast reignited Wall Avenue curiosity within the sector. South Korea shares — U.S.-listed shares of South Korean shares retreated on Friday after lawmakers impeached performing President Han Duck-soo , ousting the nation’s second head of state since a short-lived martial decree earlier this month. The iShares MSCI South Korea ETF (EWY) slid 1%. U.S.-listed shares of Korea Electrical Energy and Coupang shed 2%, whereas Posco Holdings and KT Company declined 1%. — CNBC’s Sean Conlon and Alex Harring contributed reporting.



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