Stocks making the biggest moves midday: BA, MIR, PCAR
Check out the companies making the biggest moves midday: Paccar — The maker of Peterbilt trucks jumped 5% after President Donald Trump slapped a 25% tariff on imported heavy trucks starting Oct. 1. Boeing – The aircraft maker rallied more than 4% after Turkish Airlines ordered 75 Boeing 787 aircraft and said it completed negotiations to buy 150 737 MAX planes. The deal came as Turkey President Tayyip Erdogan met with President Donald Trump. In addition, the Federal Aviation Administration said it “will allow limited delegation to Boeing for issuing airworthiness certificates for some 737 MAX and 787 airplanes” starting Monday. An airworthiness certificate confirms an aircraft is safe to operate. Intel — The chipmaker added 4%. The Wall Street Journal reported that Intel had approached Apple , Taiwan Semiconductor and other companies about investing in the beleaguered company. Semiconductor companies — Shares of some chipmakers slipped after a WSJ repor t that Trump is considering imposing tariffs on semiconductor companies that don’t maintain a 1:1 ratio of domestically manufactured to imported semiconductors. STMicroelectronics , Marvell Technology and Taiwan Semi fell about 2%. Domestically-oriented GlobalFoundries surged 5% and and Teradyne edged up 1%. Furniture stocks — President Trump said he is imposing a 30% tariff on upholstered furniture, effective Oct. 1, sending shares of furniture retailers lower. RH lost about 4% while Williams-Sonoma eased 1%. U.S. pharmaceutical stocks — Trump announced a 100% tariff on branded, patented drugs entering the U.S., but exempted companies building manufacturing plants in the U.S. Eli Lilly and Merck added about 1%. U.S.-listed shares of Denmark’s Novo Nordisk slipped about 2%. InterContinental Hotels Group — The owner of Kimpton, Hotel Indigo and a host of hotel brands increased more than 4% after JPMorgan double upgraded the British-based chain to overweight from underweight and raised its price target by 22%. Concentrix — The technology and services company dropped 10% after third-quarter earnings disappointed investors. Adjusted earnings came in at $2.78 per share, less than a consensus estimate of $2.87 per share as compiled by LSEG. MasterBrand , American Woodmark — Each manufacturer rose more than 5%. FactSet’s StreetAccount said each company gets more than 95% of revenue in the U.S., has blamed foreign imports for hurting their business and stand to benefit from the President’s proposed 50% tariff on cabinet imports. Mirion Technologies — The radiation safety company jumped 12% after JPMorgan began research coverage with an overweight weighting and $28 price target, and a report in Politico said the Dept. of Energy is poised to announce $900 million in funding for domestic uranium enrichment. Six Flags Entertainment — The amusement park company rose 4%. Shareholder Land & Buildings sent a public letter to stakeholders outlining how the company can create value by monetizing its real estate holdings, including spinning off real estate into an investment trust. Perpetua Resources — The exploration and development-stage miner climbed 14% after saying it’s ready ” to enter into long-term off-take arrangements for commercial grade antimony .” Perpetua says its Stibnite Gold Project is the only domestic reserve of antimony in the U.S. CleanSpark — The bitcoin miner sank 7% following a downgrade at JPMorgan to neutral. The bank said shares appear to have fully priced in CleanSparks expansion to 50 exahashes per second (EH/s) and believes investors need more clarity around its thinking on a plan to invest in high-performance computing (HPC) capabilities before it can move higher. Riot Platforms — The bitcoin miner was upgraded at Citigroup to buy/high risk from neutral, sending the stock 2% higher after having fallen 4.1% the first four days of the week. Costco Wholesale — Shares fell 2% after fiscal fourth-quarter earnings and revenue topped Wall Street estimates. The warehouse retailer posted earnings of $5.87 per share on revenue of $86.16 billion, above consensus estimates for $5.80 per share on revenue of $86.06 billion, based on analysts surveyed by LSEG. Costco reported double digit gains in both membership income and e-commerce business. Costco shares have lagged the market in 2025, rising less than 3%. Alkermes — The biopharmaceutical company rose 5% after RBC Capital Markets upgraded the stock to outperform from sector perform and lifted its price target to $44 from $42. —CNBC’s Michelle Fox, Yun Li, Alex Harring and Sarah Min contributed reporting.
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