Check out the companies making Hershey’s biggest move. Candy has slipped over 3% following news that Wendy CEO Kirktanner will be at the helm in Hershey, effective on August 18th. Chemours – The company has raised over 9%, increasing its strong profits over the past month after the Environmental Protection Agency retracted new rules regarding the use of certain chemicals. Huntsman stocks also rose 5.7%. Royal Gold – Stocks fell by more than 5%, falling in the second straight session. Shares fell more than 6% on Monday after the precious metals management company said it had acquired Sandstorm Gold and Horizon copper. Royal Gold buys Sandstorm in all share transactions worth approximately $3.5 billion. Horizon Copper’s total cash acquisition is valued at $199 million. Fair Isaac Corp. – The stock plummeted nearly 12% on social media platform X after Bill Pulte, director of federal housing finance institutions, said Fannie Mae and Freddie Mac could use a Vantage 4.0 score to assess credit risk. Vantage is a competitor for the industry standard FICO score at this point. SOFI Technologies – Shares rose 4.6% to a 52-week high after digital financial services companies said they were expanding access to alternative investments by including access to new private market capital. Moderna – Vaccine maker won 11% and performed best on the S&P 500. That profit has been picking up close to 16% since March 5th, and now it has paced inventory on the best days. There was no clear catalyst for stock movement. Solar Stocks – Solar Stocks were under pressure Tuesday morning after President Donald Trump issued an executive order calling for a rollback of green energy subsidies. Sunrun fell by more than 12%, Enphase fell by 3.7%, and initial sunlight fell by 4.7.6%. Merit Medical Systems – Medical device manufacturers have surged more than 4% after naming Martha Aronson CEO on October 3. MMSI expects reserve revenues of between $380 and $384 million from the previous year on a certain currency basis, from $384 million to $384 million. Datadog – Cloud security stock has dropped by 4% after downgrade to sell from Guggenheim’s neutral. Datadog risks significantly reducing revenues from Openai if the artificial intelligence giant chooses to build an in-house solution for some of its technological needs, Guggenheim said. JPMorgan Chase, Goldman Sachs, Bank of America – Stocks in three major banks fell after downgrades from HSBC. JPMorgan and Goldman Sachs slid 3.8% and 1.7% respectively after being lowered and reduced from hold. Bank of America fell 3% after being downgraded to retain from purchases. The valuation change comes before the bank’s second quarter revenue season. Vertiv Holdings – AI Infrastructure Stock rose 2.8% after an upgrade to buy from purchases in Merius’s research. The investment company said, “The competition spent on AI seems to be back on track.” This would benefit Vertiv. KeyCorp – Financial stocks rose about 1% after UBS upgraded regional banks to buy from Neutral. The Wall Street company said KeyCorp has excellent capital weapons, strong lending growth momentum, and could potentially increase its net interest income. – Reported by CNBC’s Scott Schnipper, Darla Mercado, Michelle Fox and Sarah Min.
Noon stock making the biggest move: HSY, CC, FICO, RUN
