{"id":126174,"date":"2021-05-24T17:03:51","date_gmt":"2021-05-24T17:03:51","guid":{"rendered":"https:\/\/precoinnews.com\/?p=126174"},"modified":"2021-05-24T17:03:51","modified_gmt":"2021-05-24T17:03:51","slug":"stocks-making-the-biggest-moves-midday-beyond-meat-virgin-galactic-amc-and-more","status":"publish","type":"post","link":"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-midday-beyond-meat-virgin-galactic-amc-and-more\/","title":{"rendered":"Stocks making the biggest moves midday: Beyond Meat, Virgin Galactic, AMC and more"},"content":{"rendered":"

Check out the companies making headlines in midday trading.<\/em><\/p>\n

Beyond Meat \u2014 <\/em>Shares of the alternative meat company surged around 10% after Bernstein double upgraded the stock to outperform from underperform. Beyond Meat's stock is down nearly 40% since January, but Bernstein said sales should gain steam again as the economic reopening widens.<\/p>\n

Virgin Galactic Holdings \u2013 Virgin Galactic shares jumped roughly 19% following the company's Saturday spaceflight test. The test, which is a step forward for the space tourism company, had previously been delayed for more than six months. At one point on Monday the stock turned positive for 2021.\u00a0<\/p>\n

AMC Entertainment \u2014<\/em> Shares of the movie theater chain jumped about 12% after the company's largest shareholder Dalian Wanda Group, a Chinese conglomerate, sold most of its stake in AMC. A Securities and Exchange Commission filing on Friday shows Dalian Wanda sold 30.4 million shares for about $427 million.<\/p>\n

Dollar General \u2014<\/em> Shares of the discount retailer fell 3% after Bank of America downgraded the stock to underperform from neutral. The firm said in a note that Dollar General tends to underperform when gas prices are high.<\/p>\n

Norwegian Cruise Line \u2014<\/em> Shares of the cruise operator popped about 3% in midday trading after the company announced plans to return cruising in the U.S. this summer.<\/p>\n

HP \u2014<\/em> The tech stock rose about 0.5% after Citi upgraded HP to buy from neutral. The firm said in a note to clients that demand for personal computers should remain strong post pandemic.<\/p>\n

Moderna\u00a0\u2014<\/em> Shares of Modera edged 1.6% higher after the pharmaceutical company announced a manufacturing agreement Saturday with South Korean biotech company Samsung Biologics. The move will enable Moderna to provide its Covid-19 vaccine outside of the U.S. starting in the third quarter of 2021, the company said.<\/p>\n

\u2014 CNBC's Maggie Fitzgerald, Pippa Stevens and Jesse Pound contributed reporting.<\/em><\/p>\n

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Source: Read Full Article<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Check out the companies making headlines in<\/p>\n","protected":false},"author":3,"featured_media":126173,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[23054],"tags":[],"yoast_head":"\nStocks making the biggest moves midday: Beyond Meat, Virgin Galactic, AMC and more - Pre Coin News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-midday-beyond-meat-virgin-galactic-amc-and-more\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Stocks making the biggest moves midday: Beyond Meat, Virgin Galactic, AMC and more - Pre Coin News\" \/>\n<meta property=\"og:description\" content=\"Check out the companies making headlines in\" \/>\n<meta property=\"og:url\" content=\"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-midday-beyond-meat-virgin-galactic-amc-and-more\/\" \/>\n<meta property=\"og:site_name\" content=\"Pre Coin News\" \/>\n<meta property=\"article:published_time\" content=\"2021-05-24T17:03:51+00:00\" \/>\n<meta name=\"author\" content=\"mediabest\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:image\" content=\"https:\/\/precoinnews.com\/wp-content\/uploads\/2021\/05\/Stocks-making-the-biggest-moves-midday-Beyond-Meat-Virgin-Galactic-AMC-and-more.jpg\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"mediabest\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-midday-beyond-meat-virgin-galactic-amc-and-more\/\",\"url\":\"https:\/\/precoinnews.com\/markets\/stocks-making-the-biggest-moves-midday-beyond-meat-virgin-galactic-amc-and-more\/\",\"name\":\"Stocks making the biggest moves midday: Beyond Meat, Virgin Galactic, AMC and more - 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