Stocks making the biggest moves midday: Regeneron, CrowdStrike, AMC Entertainment


A technician prepares a flow cell slide for loading onto a genetic sequencing machine at a Regeneron Pharmaceuticals laboratory at the biotechnology company’s headquarters in Tarrytown, New York

Mike Segar | Reuters

Check out the companies making headlines in midday trading

Regeneron — Shares of the biotech company rose 5.9% after President Donald Trump used Regeneron’s experimental antibody cocktail as part of his treatment for Covid-19. Cantor Fitzgerald upgraded the stock to overweight from neutral, citing potential growth from the antibody treatment and a dermatitis treatment.

CrowdStrike — Shares of CrowdStrike rallied more than 4% after Goldman Sachs upgraded

Read More

Equity crowdfunding platforms Crowdcube and Seedrs to merge


Crowdcube co-founder and CEO Darren Westlake.


LONDON — British start-up investing platforms Crowdcube and Seedrs are set to merge in an industry-shaking deal that will create a £140 million ($181.4 million) equity crowdfunding powerhouse.

Crowdcube and Seedrs, founded in the wake of the 2008 financial crisis, shook up the capital markets by allowing the general public to buy shares in early-stage companies to help them raise money.

That has allowed many start-ups — including financial apps Revolut and Monzo and upstart brewer BrewDog — to raise capital without having to tap venture capital or angel investors directly.

The two

Read More

Dow futures rise 150 points in overnight trading as investors monitor Trump’s health


President Donald Trump addresses the U.S. public after being hospitalized at Walter Reed. October 3, 2020.

The White House

Stock futures rose in overnight trading on Sunday as investors brace for another volatile week with President Donald Trump’s hospitalization adding more uncertainty to the market outlook ahead of Election Day. 

Futures on the Dow Jones Industrial Average climbed 150 points. The S&P 500 futures gained 0.4% and the Nasdaq 100 futures rose 0.5%. 

Trump said in a minute-long video posted on Twitter late Sunday that “we are getting great reports from the doctors.” The president also took a short, last-minute

Read More

Airlines, cruise lines fall as Trump diagnosis raises fears of second wave, slower reopening


U.S. President Donald Trump approaches reporters as he departs on campaign travel to Minnesota from the South Lawn at the White House in Washington, September 30, 2020.

Carlos Barria | Reuters

Shares of companies tied closely to the economy reopening declined on Friday as President Donald Trump’s positive Covid-19 diagnosis raised concerns about a second wave. 

Shares of United Airlines fell more than 4.5% in premarket trading on Friday. Shares of American Airlines and Delta Airlines lost 3.9% and 3.8%, respectively. Southwest Airlines dropped nearly 4% and Alaska Air Group fell 2.5%. 

Cruise operators also weakened Friday morning with Carnival

Read More