Prism Stocks making the biggest moves midday: Hims & Hers Health, Norwegian Cruise Line, Target and more

Unveil the companies that are making waves in the midday trading scene:

Hims & Hers Health

— Their stocks skyrocketed by over 30% subsequent to the announcement of the telehealth company’s new availability of compounded GLP-1 injections, an expansion of their weight loss program initiated in December.

Wix.com

— This web development firm saw a jump of over 25% following its outstanding first-quarter performance and also upped its free cash flow guidance for the full year.

Norwegian Cruise Line

— The cruise line’s shares bounced over 8% in response to its elevated full-year earnings guidance and its impressive first-quarter figures.

Target

— The retailer’s stocks experienced a fall by 2.2% following their decision to slash prices on around 5,000 popular goods aimed at enticing customers feeling the pinch of inflation.

Li Auto

— The stock of this Chinese EV manufacturer listed in the US plunged by 13% after a disappointing first-quarter earnings report and a low forecast for revenue in the forthcoming quarter.

Teradyne

— This semiconductor testing equipment manufacture experienced an upwards movement in shares by over 5% after Goldman Sachs promoted its rating to buy. The bank believes the company’s system-on-chip design test business could drive future stock performance.

GameStop

— This video game retailer saw a drop by over 11%, losing some of last week’s hefty gains coinciding with the fading viral stock frenzy.

Micron Technology

— This chip stock saw a rise of 3% after an upgrade by Morgan Stanley from underweight to equal weight. The bank acknowledges that it underestimated the influence of last year’s losses on the stock’s valuation and the significance of AI memory.

Hasbro

— Morgan Stanley has tagged Hasbro as a top pick, leading to a 3% rise in its stocks. Its recent underperformance is seen as an opportunity for investors to buy-in.

Johnson Controls

— The building controls company saw an increase of 3% in its shares after Bloomberg reported a sizeable stake purchase by Elliott Management.

Nvidia

— Nvidia’s shares increased by 2% following multiple analysts raising their price targets ahead of its quarterly results due later this week.

Microsoft and Dell Technologies

— Microsoft shares increased by over 1% on the eve of its Build developer conference. Dell Technologies saw a marginal decrease in their shares amidst their developer event.

NextDecade

— The shares of this company jumped over 13% after state-owned UAE oil company announced an 11.7% stake in NextDecade’s Rio Grande LNG export project.

NuScale Power

— The nuclear power company’s shares surged by 15% as uranium stocks recently got a boost after President Joe Biden signed a bill banning imports of Russian uranium. With a year-to-date increase of over 100%, NuScale is on the upswing.

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Prism Stocks making the biggest moves midday: Hims & Hers Health, Norwegian Cruise Line, Target and more

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