Stocks making the biggest midday moves: Akamai, Genius Sports, People Inc. and more

Midday stock movers surge on deal news, analyst calls, and earnings catalysts See why Akamai, Twilio, Meta, and others are driving Thursday's market action

Several U.S.listed companies moved sharply in midday trading on Thursday, with gains and losses driven by earnings, analyst actions, and deal news. Akamai Technologies rose after announcing a sevenyear, $11.6 billion agreement with Anthropic, along with a warrant that could let Anthropic buy up to about 5% of the company at a set price. Genius Sports climbed after JPMorgan started coverage with an overweight rating, while Twilio fell after HSBC downgraded the stock. People Inc. advanced on reports that MGM Resorts is considering a bid for the publisher. Other movers included Atlas Energy Solutions, Scholastic, Costco, Microsoft, and Meta Platforms, each reacting to companyspecific news.