Stocks making the biggest moves midday: VTLE, SEDG, RH
Check out the companies making the biggest moves midday: Vital Energy — The energy company surged 13% after announcing it will be acquired by Crescent energy for $3.1 billion . The deal is expected to close by year-end. MP Materials — Shares of the mining company jumped nearly 7%. While a catalyst wasn’t immediately clear, the move comes after President Donald Trump said the government will make more deals similar to the one made with Intel. Last month, the Pentagon became the largest shareholder in MP Materials . Apple — The iPhone maker traded higher even after two of Elon Musk’s companies, social media platform X and startup xAI, sued the tech giant as well as OpenAI — alleging the pair engaged in an “anticompetitive scheme” to hurt AI rivals. Toro — The lawn mower and landscaping equipment maker moved about 1% higher following an upgrade to buy from neutral at DA Davidson. The firm said recent data, like strong spring sales, point to better times ahead for Toro. SolarEdge Technologies — The solar power company fell more than 6%, giving back some of its gains from Friday. Shares rallied more than 13% in the previous session, as expectations for Federal Reserve rate cuts increased following a Jerome Powell speech. Keurig Dr Pepper — Shares slid more than 7% after the beverage maker said it would acquire Dutch coffee and tea company JDE Peet’s for around $18 billion. Once the deal is completed, Keurig plans to split its beverage and coffee businesses into two separate publicly traded U.S. companies. Verint Systems — The call center software company fell 1% after confirming earlier reports it would be taken over by Thoma Bravo for $2 billion. Furniture stocks — Shares moved mostly lower following comments from Trump that his administration would launch an investigation into imported units. Williams-Sonoma slipped more than 2%, while RH pulled back more than 4%. Ethan Allen advanced more than 1%. American Eagle Outfitters — The clothing retailer slipped more than 1% after Bank of America downgraded the stock to underperform . Analyst Christopher Nardone said that while the Sydney Sweeney ad campaign may boost sales near term, the momentum will be sapped by tariffs. Intel — The chipmaker gained more than 1%, still finding gains on the heels of confirmation that the U.S. has taken a 10% stake in the company . — CNBC’s Alex Harring, Pia Singh, Sarah Min and Michelle Fox contributed reporting.
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