Stocks making the biggest moves midday: Dell, Skyworks, GameStop and more
Midday stock movers surged on analyst calls, earnings and corporate news See why Dell, Skyworks, GameStop and others jumped or slipped Friday
Several stocks moved sharply in midday trading on Friday, including Dell Technologies, Skyworks Solutions, GameStop and others, as investors reacted to analyst calls, earnings results and corporate updates.
Dell rose more than 10% after RBC started coverage with an outperform rating, citing expected demand tied to AI infrastructure spending. Skyworks Solutions gained more than 8% after it said its planned acquisition of Qorvo is expected to close before yearend. GameStop advanced nearly 3% after CEO Ryan Cohen disclosed a purchase of 1 million shares.
Other notable moves included Shopify, which rose after Bernstein initiated coverage with an outperform rating, and Vicor, which climbed after announcing plans to buy two sites in New Hampshire for additional chip manufacturing. On the downside, Qualys fell after a downgrade from Wedbush, while NuScale Power and Oklo declined following analyst and financingrelated developments.