Check out the companies making headlines in midday trading. Super Micro Computer , Deckers Outdoor — The technology firm and athletic footwear designer respectively popped 27% and nearly 3% after S & P Dow Jones Indices announced Friday that the two stocks would be added to the S & P 500 on March 18. Super Micro Computer and Deckers Outdoor will replace Zions Bancorpation and Whirlpool , which will move to the S & P MidCap 400 Index. Macy’s — Shares skyrocketed 16% after Arkhouse Management said it and Brigade Capital Management have raised their offer for the department store . The firms are now offering to acquire Macy’s stock they don’t already own for $24 per share, about 14% more than its previous offer of $21 per share. The new offer values the company at $6.6 billion. Apple — Apple shed nearly 3% after European Union regulators fined the iPhone maker nearly $2 billion and said that it violated competition laws by preventing app developers from informing iOS users of alternative music subscription options. Crypto stocks — Coinbase and Microstrategy , whose performances are tied to the price of bitcoin, rose 6% and 8%, respectively, as the cryptocurrency edged closer to its all-time high . Miners sat the rally out, however, as the upcoming bitcoin halving — when mining companies’ revenue will be slashed — weighed on investors. Marathon Digital traded just above the flat line. …
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[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making headlines in midday trading. Super Micro Computer , Deckers Outdoor — The technology firm and athletic footwear designer respectively popped 27% and nearly 3% after S & P Dow Jones Indices announced Friday that the two stocks would be added to the S & P 500 on March 18. Super Micro Computer and Deckers Outdoor will replace Zions Bancorpation and Whirlpool , which will move to the S & P MidCap 400 Index. Macy’s — Shares skyrocketed 16% after Arkhouse Management said it and Brigade Capital Management have raised their offer for the department store . The firms are now offering to acquire Macy’s stock they don’t already own for $24 per share, about 14% more than its previous offer of $21 per share. The new offer values the company at $6.6 billion. Apple — Apple shed nearly 3% after European Union regulators fined the iPhone maker nearly $2 billion and said that it violated competition laws by preventing app developers from informing iOS users of alternative music subscription options. Crypto stocks — Coinbase and Microstrategy , whose performances are tied to the price of bitcoin, rose 6% and 8%, respectively, as the cryptocurrency edged closer to its all-time high . Miners sat the rally out, however, as the upcoming bitcoin halving — when mining companies’ revenue will be slashed — weighed on investors. Marathon Digital traded just above the flat line. …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]
