Passenger-wearing passengers await boarding Delta Delta Airport on Wednesday, April 7, 2021 at Hartfield-Jackson Atlanta International Airport in Atlanta, Georgia, USA.
Elijah Novels | Bloomberg | Getty Images
Check out the companies that make headlines in the midday business.
Infrastructure Stocks – Industrial stocks gained momentum after the House of Representatives approved a $ 1 trillion infrastructure bill over the weekend. Caterpillar, Vulcan materials And Martin Marietta Materials Increased by more than 3%. Of Global X US Infrastructure Investment ETFTracking infrastructure stocks, 1.2% and It has always reached the highest level During the opening minutes of the session.
Live Nation Entertainment – After at least eight people died and dozens were killed, the entertainment company’s shares increased 3.8%. Injured at Trevis Scott concert. At the end of the week. The show’s host, Live Nation, was reportedly charged in connection with the event.
Advanced Micro Devices– Semiconductor company shares have increased by more than 12% Meta announces victory, Formerly known as Facebook, as a chip client. The Accelerated Data Center Premier Key Note unveiled a variety of new chips on Monday.
Tesla – CEO Elon Musk asked millions of Twitter followers that the giant electric vehicle had slipped more than 2 percent. If he has to sell 10% of the shares in the company. In a public comment on Twitter, which began on Saturday, he said: Do you support this? ” 58% of respondents said “yes”.
American Airlines – US The epidemic: lifts international travel ban Monday. Visitors can now fly home. Complete CVD-19 vaccine and a recent negative CVD test. Airlines shares Delta 2% increase. United And American Increased by more than 1%.
Oxygenated Petroleum – Oil production rose by 3.9% on Monday. The passage of the U.S. Infrastructure Act raises hopes that oil demand will continue to grow in the coming years.
Autolus Therapeutics – After Blackstone said it would invest, biotech stock rose 24 percent, raising its market value to $ 500 million. $ 250 million by Autolus. The investment will help strengthen the company’s treatment for leukemia, the companies said in a statement.
Coty – Beauty Company Coty reported a better performance in the quarter than 12 percent. Cote has announced that it will sell its stake in Wella to KKR.
The development of canopy – Cannabis shares jumped more than 8% as investors bought Coenne and Cancord Giniti at two lower levels early in the morning. Those were followed by canopy recession, which reported last week’s second-quarter results.
Peloton – Peloton shares fell 9%, prolonging their downturn with last week. Last Friday, the company’s stock fell more than 35 percent Weakening sales growth And more losses than expected in the first quarter of the budget.
Crypto stocks – Crypto-stocks jumped on Monday like a secret currency bitcoin Earning more than 5%. Ether Increased by more than 3% and It has always reached the highest level Earlier in the session. Crypto exchange shares Coinbase Showed an increase of 6.7 percent. Micro Strategy Increased by more than 8%. Mining companies Riot Blockchain And Marathon Digital It grew by 18% and 19%, respectively.
– Contributed by CNBC’s Jesse Pound, Yun Lee and Hanna Miao.