Advertisement
UK markets close in 3 hours 45 minutes

  • FTSE 100

    8,238.42
    -9.37 (-0.11%)
     

  • FTSE 250

    20,355.08
    -8.35 (-0.04%)
     

  • AIM

    766.73
    -1.30 (-0.17%)
     

  • GBP/EUR

    1.1838
    +0.0001 (+0.01%)
     

  • GBP/USD

    1.2650
    -0.0036 (-0.29%)
     

  • Bitcoin GBP

    48,482.88
    +148.91 (+0.31%)
     

  • CMC Crypto 200

    1,273.71
    -10.08 (-0.78%)
     

  • S&P 500

    5,469.30
    +21.43 (+0.39%)
     

  • DOW

    39,112.16
    -299.05 (-0.76%)
     

  • CRUDE OIL

    81.39
    +0.56 (+0.69%)
     

  • GOLD FUTURES

    2,318.00
    -12.80 (-0.55%)
     

  • NIKKEI 225

    39,667.07
    +493.92 (+1.26%)
     

  • HANG SENG

    18,089.93
    +17.03 (+0.09%)
     

  • DAX

    18,159.42
    -18.20 (-0.10%)
     

  • CAC 40

    7,604.89
    -57.41 (-0.75%)
     
Money:

The cost of following England at Euro 2024

What could your money earn if you invested your football spending elsewhere

Midday movers: Autodesk, Broadcom, Best Buy rise; Coinbase falls

Investing.com
·2-min read

(Updated - June 17, 2024 11:35 AM EDT)

Investing.com -- U.S. stock futures were mixed Monday, as investors awaited more crucial economic data as well as speeches from a number of Federal Reserve officials.

Here are some of the biggest U.S. stock movers today:

Autodesk (NASDAQ:ADSK) stock rose 5.2% after activist investor Starboard Value acquired a stake worth approximately $500 million in the design-software manufacturer, and is now advocating for changes within the company.

GameStop (NYSE:GME) fell 1% ahead of the video game retailer’s annual meeting later in the session, after it was postponed last week due to a technical glitch resulting from high demand from shareholders.

ADVERTISEMENT

UBS (UBS) stock rose 1.4% after the Swiss banking giant said it will set aside around $900 million to repay investors in Credit Suisse funds that were linked to collapsed supply chain financing firm Greensill Capital, accounting for 90% of what they are owed.

Best Buy (NYSE:BBY) (BBY) stock rose 3.2% after UBS upgraded its investment stance on the electronics retailer to ‘buy’ from ‘neutral’, citing a positive outlook, supported by the company’s ongoing restructuring efforts.

Primo Water (NYSE:PRMW) stock fell 4% after the packaged water company said it would merge with BlueTriton Brands in an all-stock deal.

Coinbase (NASDAQ:COIN) stock fell 3%, with the cryptocurrency exchange weighed by more losses in bitcoin, the world’s most popular digital currency.

AMC Networks (NASDAQ:AMCX) stock slumped 32% after the entertainment company announced a $125 million convertible offering.

Broadcom (NASDAQ:AVGO) rose 3.7%, adding to recent gains. Shares are up 23% since it reported second quarter results and announced plans for a stock split last week.

Corning (NYSE:GLW) rose 3.6% after analysts upgraded the stock to 'overweight."

Tesla (NASDAQ:TSLA) rose 4.75% following reports that said Shanghai is allowing tests of the company's most advanced autonomous driving software.


Additional reporting by Lon Juricic

Related Articles

Midday movers: Autodesk, Broadcom, Best Buy rise; Coinbase falls

Vista says MNC Capital's likely pressure may have prompted bidder to pull offer for unit

Goldman Sachs raises S&P 500 year-end target to 5,600