Stocks making the biggest moves midday: Block, Deutsche Bank, GameStop, Activision and more
Check out the companies making headlines in midday trading.
BlockAtlantic Equities downgraded the stock to hold on Friday, citing the lack of clarity on the payment company’s Cash App after Hindenburg’s short position.
related investing news
GameStopactive since it reported its first profitable quarter in two years earlier this week.
Deutsche BankJPMorgan defended Deutsche Bank Friday, saying investors should focus on the European bank’s “solid” fundamentals.
RegeneronJefferies upgraded the pharmaceutical stock to a buy from hold rating and said its Dupixent drug, in development with Sanofi, could serve as the next big catalyst for the company.
Activision BlizzardMicrosoftdropped some of its concerns with the potential purchase of the company by Microsoft. Microsoft shares were up 0.2%.
— CNBC’s Alexander Harring, Yun Li, Jesse Pound, Michelle Fox and Samantha Subin contributed to this report.