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Stocks Making Big Midday Moves: Shopify, Honeywell, GE Vernova, and More
06.11.2024
Lidia Ossinger
Here are some of the stocks seeing significant midday movement:
Shopify — Shares jumped 26% after the e-commerce company reported a third-quarter operating income of $283 million, well above the $122 million it posted in the same period last year.
Honeywell — The industrial conglomerate rose 3% following news that Elliott Management has taken a $5 billion stake in the company.
GE Vernova — Shares dropped nearly 8% after CEO Scott Strazik announced in an interview with The Financial Times that he is pausing the search for new offshore turbine orders.