Stocks making the biggest moves midday: Rivian, Orchard Therapeutics, Lamb Weston and more
These are the stocks posting the largest moves in midday trading.
GM’s stock hits three-year low amid UAW strike, potential air bag recall
The last time shares of GM dropped below $30 a share during intraday trading was on Oct. 1, 2020, according to FactSet.
German structural reforms ‘are a must,’ IMF chief insists
The auto industry should be a focus for reform in Germany if the country wants to increase productivity, according to IMF chief Georgieva.
Higher rates are killing the clean energy stocks — BofA says these are worth buying
Bank of America is eyeing these renewable stocks to ride out turmoil in the sector.
There’s a fun new way to spice up your iPhone group chats
With iOS 17, you can turn your very own photos into iMessage stickers that are static or GIF style.
European stocks close higher after U.S. Treasury yields retreat; Metro Bank, Alstom plunge
European stocks closed higher Thursday after U.S. Treasury yields pulled back following weaker-than-expected jobs data.
Rivian shares fell over 20% after the EV maker said it plans to raise $1.5 billion
Rivian plans to offer $1.5 billion worth of senior, unsecured “green” convertible notes due in 2030.
10-year Treasury yield falls slightly ahead of Friday’s jobs report
U.S. Treasury yields ticked down Thursday, after pulling back from recent multi-year highs on Wednesday, as investors considered fresh economic data.
Shares of French train manufacturer Alstom plunge 35% after cash flow downgrade
Trading of Alstom was briefly suspended at the open of the Paris Stock Exchange.
UK’s Metro Bank shares suspended multiple times after plunging more than 25%
Shares of Britain’s Metro Bank suspended trading Thursday after tanking more than 29% amid reports that it was trying to raise £600 million ($727 million) in debt and equity.
