U.S. Markets open in 2 hrs 49 mins
  • S&P Futures

    4,058.25
    -17.25 (-0.42%)
     
  • Dow Futures

    34,318.00
    -141.00 (-0.41%)
     
  • Nasdaq Futures

    11,979.00
    -31.25 (-0.26%)
     
  • Russell 2000 Futures

    1,886.60
    -7.80 (-0.41%)
     
  • Crude Oil

    81.79
    +1.81 (+2.26%)
     
  • Gold

    1,807.60
    -2.00 (-0.11%)
     
  • Silver

    23.20
    -0.05 (-0.19%)
     
  • EUR/USD

    1.0560
    +0.0029 (+0.2745%)
     
  • 10-Yr Bond

    3.5060
    0.0000 (0.00%)
     
  • Vix

    20.05
    +0.21 (+1.06%)
     
  • GBP/USD

    1.2263
    -0.0033 (-0.2722%)
     
  • USD/JPY

    135.3510
    +1.0800 (+0.8043%)
     
  • BTC-USD

    17,301.40
    +350.81 (+2.07%)
     
  • CMC Crypto 200

    410.22
    +8.80 (+2.19%)
     
  • FTSE 100

    7,576.02
    +19.79 (+0.26%)
     
  • Nikkei 225

    27,820.40
    +42.50 (+0.15%)
     

Midday Stock Movers: Beyond Meat, Lordstown Motors, Unity

By Sam Boughedda

Investing.com -- U.S. equities are marching lower once again Thursday, with the Dow down more than 1%. Here are your midday movers on May 12th.

Rivian Automotive (NASDAQ:RIVN) is up 17%. Shares have jumped despite posting a wider than expected quarterly loss and revenue that missed expectations. Lordstown Motors (NASDAQ:RIDE) has surged 56% after it revealed it has completed a deal to sell certain assets to Foxconn. The deal will see Lordstown raise the funds needed to begin production of its Endurance pickup truck. Despite posting weaker than expected results earlier this week and analysts cutting price targets Thursday, Roblox (NYSE:RBLX) is up over 20% midday Thursday. Beyond Meat (NASDAQ:BYND) initially plummeted Thursday, hitting a new low of $20.50 after reporting a larger than expected quarterly loss and revenue that missed analyst expectations. However, the stock has regained those losses and more, trading 8% higher midday. Tapestry Inc (NYSE:TPR) is trading more than 16% above Wednesday's close after it reported earnings before the open today, beating earnings and revenue estimates. After Wednesday's 37% decline following its earnings release, Unity Software (NYSE:U) shares are rising, up 17% midday Thursday. The company said Apple's (NASDAQ:AAPL) privacy changes were a drag on the performance in its latest quarter.

Related Articles

Midday Stock Movers: Beyond Meat, Lordstown Motors, Unity

U.S. SEC's Peirce sees 'movement' on stablecoin regulations

Twitter CEO says two leaders will depart company, hiring paused