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Home » Stocks with the biggest moves at midday: TSLA, NEXT, GM, DAL
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Stocks with the biggest moves at midday: TSLA, NEXT, GM, DAL

Editor-In-ChiefBy Editor-In-ChiefApril 2, 2026No Comments4 Mins Read
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Here are some stocks that are attracting attention in intraday trading. Tesla — The electric car maker suffered a loss of about 4% after lower-than-expected first-quarter deliveries. Tesla reported 358,000 vehicle deliveries in the same period, a 14% drop from the previous quarter. Analysts surveyed by StreetAccount were looking for 370,000 deliveries. Nike — The sneaker giant fell more than 2%, heading for its second consecutive day of losses. Earlier this week, Nike issued a grim outlook, announcing a 20% drop in sales in China this quarter. Shares fell more than 15% on Wednesday. Coherent, Lumentum — Both companies, makers of optical transceivers, were the top gainers on the S&P 500 index and headed for a third straight day of gains. Coherent rose more than 4% and Lumentum rose more than 5%. Wingstop — Chickenwing Chainsaw stock has soared about 6% after an upgrade by Piper Sandler. The company upgraded Wingstop’s rating to Overweight and set a price target of $190, citing an improving risk-reward profile. Blue Owl — The alternative asset manager fell 1% after the company disclosed unusually high redemption demands on two of its private credit funds. Blue Owl has chosen to limit requests for both funds to 5%. Oil stocks — Energy company stocks soared as oil prices rose after President Donald Trump’s speech on Wednesday night suggested a continuation of the Iran war. Diamondback Energy rose 2%, while APA, ConocoPhillips and Chevron all rose about 1%. Cruise stocks — Major cruise lines fell after President Trump’s speech did not offer a clear path to ending the war with Iran, and oil prices soared, reigniting demand concerns. Carnival was down 3%, Royal Caribbean was down 1% and Norwegian Cruise Line was down 2%. Airlines — Higher oil prices also led to lower airline stocks, with Delta Air Lines and Southwest Airlines falling 2%. United Airlines fell 3%. General Motors — The company fell more than 3% after announcing Wednesday that first-quarter sales were down 9.7% from a year earlier. General Motors and other automakers were also weighed on by concerns that higher oil prices on Thursday could lead to changes in consumer spending that could weaken demand in the auto market. Globalstar — The mobile satellite service provider rose 9% after a Financial Times report that Amazon was in talks to buy the company. Amazon’s stock price was little changed. Amazon declined to comment, and Globalstar did not respond to requests for comment. Penguin Solutions — The enterprise solutions provider for the computing, memory and LED markets rose 13% after its second-quarter financial results beat street expectations. Adjusted earnings were 52 cents per share, compared with the FactSet consensus estimate of 42 cents. Revenue was $343 million, compared to analyst expectations of $339 million. Liquefied Natural Gas Exporters — Shares of LNG exporters rose on concerns that the Middle East conflict will continue to disrupt global supplies. NextDecade rose 6% and Cheniere Energy rose about 2%. Fertilizer stocks — Fertilizer companies also soared on concerns that the continued closure of the Strait of Hormuz will weigh on supplies. CF Industries rose 1% and Intrepid Potash rose about 4%. LSB Industries rose 1%. — CNBC’s Davis Giangiulio, Sarah Min, Darla Mercado and Nick Wells contributed reporting. Markets change and headlines fade, but the fundamental principles of building long-term wealth remain the same. Join us for the third annual CNBC Pro LIVE. Investors from all backgrounds, from financial professionals to everyday individuals, come together to cut through the noise and gain actionable strategies for smarter, more disciplined investing. No matter where you start, you’ll leave with clearer thinking and a stronger strategy. Enter your email address here to get your discount code.



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