Stocks making the biggest moves midday: Boeing, JPMorgan, UnitedHealth, Rivian and more

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Check out the companies making the biggest moves midday:

Boeing — Shares dropped 5.56%. On Thursday, Boeing warned it will have to pause some deliveries of its 737 Max plane due to a problem with parts made by a supplier, Spirit AeroSystems. Shares of Spirit AeroSystems sank 20%.

JPMorgan Chase — Shares soared 7.55% after the bank reported record first-quarter revenue thanks to higher interest rates. Revenue came in at $39.34 billion, topping analysts' estimate of $36.19 billion, per Refinitiv. Adjusted earnings per share was $4.32, compared to the $3.41 per share expected.

Citigroup — The bank's stock added 4.78% after the company reported rising net income and a revenue beat for the first quarter. Citigroup posted $21.45 billion in revenue, compared to the $19.99 billion expected, according to Refinitiv.

UnitedHealth — The health insurance provider's stock fell 2.74% on investor concerns over how some 2024 policy changes will impact Medicare Advantage plan profits in the near term. The decline in shares came even after UnitedHealth surpassed estimates on the top and bottom lines and boosted its full-year outlook.

Hello Group — The Chinese entertainment stock popped 4.81% following an upgrade to overweight from neutral by JPMorgan. The firm said the company could benefit from improvements in live streaming in China.

BlackRock — Shares of the investment management company advanced 3.07% after it reported first-quarter adjusted earnings per share of $7.93, topping the estimate of $7.76 per share from analysts polled by Refinitiv. Revenue was $4.24 billion, in line with expectations.

PNC Financial Services — The bank's stock slipped 1.8% midday but ended slightly higher at 0.36%. PNC provided guidance for