Midday stock movers: Micron, IBM, SpaceX, Flex and more

U.S. stocks were mixed at midday as several largecap names moved sharply on company news, analyst actions, and regulatory developments. Micron Technology fell more than 10% in a broad tech selloff, while Marvell Technology and Sandisk also declined. In contrast, Accenture rose after increasing its share repurchase program by $2 billion to more than $7 billion. Other notable moves included IBM, which climbed more than 4% after JPMorgan upgraded the stock to overweight and after President Donald Trump signed an executive order aimed at expanding U.S. quantum computing. SpaceX gained nearly 6% after recent losses, while AMC Entertainment dropped 25% after announcing a large stock sale. Several other names, including Zeta Global, Carnival, Primoris Services, Edgewell Personal Care, and Avis Budget Group, also moved on earnings, partnerships, guidance, or corporate announcements.