By Liz Moyer
Investing.com -- Stocks jumped for a second day as falling bond yields boosted tech-oriented stocks. Here are the stocks that are moving on Oct. 4.
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Twitter Inc (NYSE:TWTR) shares jumped 13% and were halted on a Bloomberg report that Elon Musk has decided to go ahead with his acquisition of the social media platform at his original offer price of $54.20 a share. Musk had been headed to court in an attempt to cancel the deal.
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Micron Technology Inc (NASDAQ:MU) shares rose more than 5% after the chip maker announced plans to build a chip factory in New York state, spending $100 billion over two decades. The move comes after the Biden administration enacted the Chips Act, which calls for federal funding for the U.S. chip industry.
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Norwegian Cruise Line Holdings Ltd (NYSE:NCLH) shares rose 13% as the cruise operator ended all rules and restrictions that applied to Covid-19 conventions on masking, vaccination and testing. Passengers still have to comply with the rules in the countries the cruises visit.
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Ford Motor Company (NYSE:F) shares rose 6.7% after it said third-quarter sales rose 16% despite a drop in sales for September.
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Poshmark Inc (NASDAQ:POSH) shares rose 13% after the online used fashion platform agreed to a $1.2 billion sale to South Korean internet company Haver.