Stocks Making Significant Moves Midday: Lennar, Amgen, Vicor and Others
Several stocks experienced notable price movements midday due to various developments across different sectors. Lennar rose over 4% after Berkshire Hathaway disclosed a purchase of more than 2.7 million shares. Amgen gained over 3% following positive phase 3 trial results for its drug dazodalibep, intended for treating Sjögren's disease. Vicor saw a significant rally of nearly 14%, driven by stronger-than-expected third-quarter revenue guidance. On Holding surged more than 10% after announcing new financial targets and a $1 billion share repurchase plan through December 2029. Meanwhile, Quest Diagnostics and Labcorp Holdings dropped due to Medicare payment adjustments that will reduce reimbursement rates for lab services. Other notable movers included Grab Holdings (up over 7%) following CEO Anthony Tan's large stock purchase; Shopify gained nearly 7% after integrating Meta’s AI agent into its checkout system; Capri rose 7% amid reports of potential buyers, and GameStop climbed 4% as CEO Ryan Cohen bought shares. SoFi Technologies also saw a modest increase due to the launch of stablecoin settlement features.
Tickers: $AMGN $CPRI $DGX $GME $GRAB $LEN $LH $META $ON $SHOP $SOFI $VICR
Topics: earnings M&A activity product_launches regulatory_changes shareholder_activity