Prism Stocks making the biggest moves midday: AMC, GameStop, Sony, Planet Fitness and more

Here are the companies making waves at the stock market midway through the day:

Meme stocks – Meme stocks continue to command the trading scene for another day with GameStop soaring above 65% and AMC peaking over 70%. This recent buzz is thanks to the comeback of “Roaring Kitty,” who after almost three years of silence, posted online. Meanwhile, shares of previous smartphone tycoon BlackBerry and headphones producer Koss saw a significant rise of 15% and 40% respectively.

Alibaba – The tech giant from China encountered a drop of 7% following a posted net income decline of 86% from the previous year for their fiscal Q4, even though they managed to surpass revenue forecasts.

Sony – Shares listed in the U.S. observed a 5.3% increase as the quarterly revenue bested consensus estimates, reaching a formidable sum of 3.5 trillion yen.

Vodafone – The telecommunications giant saw an increase in U.S. shares by 5% following an annual profit report that exceeded expectations.

On Holding – The footwear producer’s shares leapt by 16% as the Q1 earnings surpassed what analysts had anticipated.

United Airlines – The company reported a 1% increase after expressing optimistic summer travel demand.

Newell Brands – The consumer goods stock saw an unexpected rise of 4.7% following Barclays upgrade from underweight to equal weight.

Roblox – The video game creator experienced a 3.9% rise, providing a bit of respite from a challenging month of falling shares.

Boston Beer Company – The company saw an increased rate of 1% after receiving an upgrade from Jefferies.

Planet Fitness – Shares of the fitness chain rose by approximately 2% after JPMorgan upgraded the stock from neutral to overweight.

Stellantis – The automaker saw a 2% rise after announcing plans to expand electric vehicle sales beyond the U.S. through a deal with Leapmotor.