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Stocks making the biggest moves midday: WeWork, Snowflake, United Airlines, Rite Aid and more
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In this article Check out the companies making headlines in midday trading Thursday. WeWork — Shares of WeWork jumped more than 9% after Credit Suisse initiated coverage of the office-sharing stock with an outperform rating and an $11 price target, more than double its Wednesday closing level.
The firm said the company is poised to benefit from its first mover advantage. Snowflake — The cloud data provider saw its shares advance more than 9% after JPMorgan upgraded them to overweight from neutral and said the company is «reaching an inflection point in terms of material Free Cash Flow generation.» The firm also reiterated its price target, which is about 30% from where the stock closed Wednesday.
Read more on cnbc.comAbout this in other media
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