Stocks making the biggest moves midday: Fisker, Nvidia, Coinbase and more

by | Nov 24, 2023 | Financial

Check out the companies making headlines in midday trading. Nvidia — Nvidia shares fell 1.9%. Reuters , citing sources, reported that Nvidia notified its China clients that it will delay until next year a new artificial intelligence chip designed to comply with U.S. export restrictions. Fisker — Shares of the electric vehicle startup jumped 5.2%. On Wednesday, the company announced that it filed a delayed quarterly report . The original report was pushed back earlier this month due to accounting personnel changes. Fisker also announced changes to its finance leadership team. First Solar , SolarEdge — The solar panel manufacturer declined 3.3% Friday, while SolarEdge fell about 0.8%. The Invesco Solar ETF (TAN) dropped about 1.3%, as the 10-year Treasury yield ticked higher. Renewable energy stocks have slumped this quarter as higher interest rates have increased project financing costs. iRobot — The home device maker surged 39%. The jump came after Reuters reported , citing sources, that Amazon is about to win regulatory approval in the European Union to go forward with its planned $1.4 billion acquisition of the company. Vista Outdoor — The outdoor recreation stock climbed 3.9%. On Wednesday, Colt CZ Group had proposed a strategic combination valuing the company at $30 per share. That’s about 16.5% higher compared to Wednesday’s close. Apple — Apple ended Friday down 0.7% …

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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading. Nvidia — Nvidia shares fell 1.9%. Reuters , citing sources, reported that Nvidia notified its China clients that it will delay until next year a new artificial intelligence chip designed to comply with U.S. export restrictions. Fisker — Shares of the electric vehicle startup jumped 5.2%. On Wednesday, the company announced that it filed a delayed quarterly report . The original report was pushed back earlier this month due to accounting personnel changes. Fisker also announced changes to its finance leadership team. First Solar , SolarEdge — The solar panel manufacturer declined 3.3% Friday, while SolarEdge fell about 0.8%. The Invesco Solar ETF (TAN) dropped about 1.3%, as the 10-year Treasury yield ticked higher. Renewable energy stocks have slumped this quarter as higher interest rates have increased project financing costs. iRobot — The home device maker surged 39%. The jump came after Reuters reported , citing sources, that Amazon is about to win regulatory approval in the European Union to go forward with its planned $1.4 billion acquisition of the company. Vista Outdoor — The outdoor recreation stock climbed 3.9%. On Wednesday, Colt CZ Group had proposed a strategic combination valuing the company at $30 per share. That’s about 16.5% higher compared to Wednesday’s close. Apple — Apple ended Friday down 0.7% …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
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