Stocks Making Significant Moves Midday: AMD, Archer Aviation, Iren and Others
Advanced Micro Devices (AMD) shares rose nearly 4% after Microsoft announced plans to offer an AMD-based system on Azure. Iren's stock surged over 17% following a revenue target increase due to new contracts. Movie theater stocks like Imax, AMC Entertainment, and Cinemark gained amid strong box office results for 'The Odyssey'. Archer Aviation shares jumped 17% after unveiling a joint autonomous aircraft project.
Tickers: $ACHR $AMC $AMCX $AMD $CAVA $CNK $IMAX $IREN $MSFT
Topics: AMC Entertainment AMD Archer Aviation Imax Iren Microsoft Sweetgreen