📈 Will you get serious about investing in 2025? Take the first step with 50% off InvestingProClaim Offer

Midday Movers: Twitter, Micron, Norwegian Cruise and More

Published 10/04/2022, 12:33 PM
Updated 10/04/2022, 12:43 PM
© Reuters
F
-
MU
-
NCLH
-
TWTR
-
POSH
-

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.

  • 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.

  • 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.

  • 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.

  • Ford Motor Company (NYSE:F) shares rose 6.7% after it said third-quarter sales rose 16% despite a drop in sales for September.

  • 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.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.