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Stocks making the biggest moves midday: Sphere Entertainment, Riot, Instacart, Insulet and more

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The Sphere is seen during its opening night with the U2:UV Achtung Baby Live concert at the Venetian Resort in Las Vegas on Sept. 29, 2023.
Tayfun Coskun | Anadolu Agency | Getty Images

Check out the companies making headlines in midday trading.

Sphere Entertainment — Shares of the media and entertainment company climbed 10% in midday trading after a U2 show debuted its Las Vegas Sphere venue Friday night. Built by Madison Square Garden Entertainment

Bitcoin stocks — Stocks tied to digital currency trading advanced in lockstep with a rally in crypto prices. Notably, RiotMarathon DigitalCoinbaseMicroStrategy

Discover Financial Servicesan 8K filing with the U.S. Securities and Exchange Commission a consent agreement with the Federal Deposit Insurance Corporation.

Gold and silver miners — Gold and silver miners struggled Monday as prices for the metals slid. Coeur MiningHarmony Gold Mining both dropped nearly 6%. Hecla MiningGold Resource

Instacart — Maplebear, the food delivery company doing business as Instacart, fell roughly 5% in midday trading. On Monday, The Information, citing people familiar with the matter, reported the Wall Street bank that underwrote Instacart’s initial public offering forecast a weak second-half outlook with slower revenue growth and lower profits. Separately, Gordon Haskett initiated coverage of the company with a hold rating.

SolarEdge

Insulet

Norfolk Southern

Nvidiaadded the semiconductor AI stock to its Americas conviction list for the month. Goldman said it expects Nvidia to “maintain its status as the accelerated computing industry standard for the foreseeable future.”

Meta

Apple

Amazon

— CNBC’s Yun Li, Lisa Kailai Han, Pia Singh, Michelle Fox, Sarah Min and Scott Schnipper contributed reporting.

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