Mar. 20 at 4:50 PM
Midday Movers: Key Stock Highlights
SolarEdge Technologies jumped 14% after Jefferies upgraded it to Hold, citing energy security dynamics similar to the Russia-Ukraine conflict.
Insperity rallied ~11% after CEO Paul Sarvadi bought 205,000 shares.
OneOK rose nearly 4% on a Jefferies upgrade to Buy and a
$98 price target, driven by Iran-related oil supply concerns.
SM Energy gained ~9% after JPMorgan gave an overweight rating, noting potential for increased cash returns.
York Space Systems surged 22% with full-year revenue of
$386.2M, above expectations.
Super Micro Computer dropped 26% due to U.S. charges against employees for smuggling Nvidia chips to China.
FedEx rose ~2% after beating fiscal Q3 earnings expectations and raising full-year guidance.
Arm Holdings climbed 4.3% following HSBC’s upgrade to Buy, highlighting AI server CPU potential.
Planet Labs jumped 26% after beating Q4 expectations and issuing strong revenue guidance.
$NSP $SMCI $OKE $SM $FDX