Australia markets closed
  • ALL ORDS

    6,784.30
    -33.80 (-0.50%)
     
  • AUD/USD

    0.6793
    -0.0007 (-0.10%)
     
  • ASX 200

    6,594.50
    -34.80 (-0.52%)
     
  • OIL

    99.91
    +0.41 (+0.41%)
     
  • GOLD

    1,762.40
    -1.50 (-0.09%)
     
  • BTC-AUD

    29,703.18
    +403.30 (+1.38%)
     
  • CMC Crypto 200

    437.59
    -2.43 (-0.55%)
     

Midday Stock Movers: Twitter, Snowflake, Deere

  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
·1-min read
In this article:
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.
  • Oops!
    Something went wrong.
    Please try again later.

By Sam Boughedda

Investing.com -- U.S. stocks are following their European counterparts in trading lower Monday. Here are the midday movers on April 25th.

Twitter Inc (NYSE:TWTR) is still trading higher, up 4.1%, on the news it is nearing a deal for Elon Musk to acquire the company for $54.20 per share in cash.

Nkarta Inc (NASDAQ:NKTX) has more than doubled from Friday's close after reporting positive data from two lead engineered natural killer cell programs.

Snowflake Inc (NYSE:SNOW) is up 7.4% after being initiated with an Outperform rating and a $250 price target at Wolfe Research. Wolfe analyst Allan Verkhovski said they are "very excited about the potential for meaningful revenue outperformance."

Deere&Company (NYSE:DE) has tumbled over 7% after it was downgraded by BofA analyst Ross Gilardi to Neutral from Buy. The analyst also lowered his price target on the stock to $450 per share from $475.

Philips (NYSE:PHG) ADRs are still 12% lower after the Dutch-based medical technology group warned of multiple risks to its growth outlook for the year.

Energy stocks such as Chevron Corp (NYSE:CVX), Marathon Oil (NYSE:MRO), and Exxon Mobil (NYSE:XOM) have tumbled Monday as oil prices slide on fears of a demand slowdown due to lockdowns in Shanghai.

Related Articles

Midday Stock Movers: Twitter, Snowflake, Deere

Ex-eBay exec pleads guilty to harassing couple whose newsletter raised ire

Wall Street strategists sound gloomy note as stocks drop again

Our goal is to create a safe and engaging place for users to connect over interests and passions. In order to improve our community experience, we are temporarily suspending article commenting