A pedestrian walks past a Domino’s pizza restaurant in San Francisco, Feb. 23, 2023.
Justin Sullivan | Getty Images News | Getty Images
Take a look at the companies with the biggest gains at noon.
Domino’s Pizza — The stock rose nearly 11% after Domino’s announced that U.S. consumers can now order its products via Uber’s Uber Eats and the Postmates app.The deal has the potential to boost Uber Eats’ order volume 70% of Domino’s storesthe company said.
draft king — Shares of the sports betting app rose about 5% after Bank of America analysts upgraded it to a buy. The Wall Street firm called an “inflection point” in margins and profitability.
Year — Shares of the streaming provider rose 1%. The company said Tuesday that it is partnering with Shopify to allow viewers to buy directly from Roku TV. After seeing an ad for a Shopify merchant, viewers can simply press a button on a Roku remote to place an order, the company said.
Lazard, Jefferies Financial Group — Shares of Lazard rose 3.9% and Jefferies rose 5.8% after Morgan Stanley upgraded both companies, saying it expects growing M&A activity. Lazard was upgraded to overweight from equal weight, while Jefferies was upgraded to equal weight from underweight.
Banks – Banks rose after the consumer price index fell short of expectations. Citigroup
and Goldman Sachs They rose 2.6% and 2%, respectively. key company rose nearly 5%, while Zion’s and AlliedSignal banking company Added about 4%.
lucid group — Shares of the electric car maker fell 12% after second-quarter deliveries fell short of analysts’ expectations. Lucid delivered 1,404 of its electric Air luxury sedan, compared with analysts polled by FactSet expecting 2,000 deliveries.
solar power — Shares of the solar company rose 9.4% after Raymond James upgraded the solar company to a strong buy from outperform. Analyst Pavel Molchanov called this year’s sell-off “excessive.” His $21 price target implies a 120% upside from Tuesday’s close.
star — Shares of the automaker rose 3.3% after Bank of America upgraded it to a buy rating.Stellantis could benefit relative to peers due to ample U.S. presence, the company said
beyond meat — Plant-based meat alternatives rose 3.3 percent Company Announcement On Tuesday, the company’s steak products will be sold in about 14,000 U.S. stores, including Wegmans and Whole Foods. Beyond Meat shares rose 4% in the previous session.
Arcadia Healthcare — A New Mexico jury awarded Arcadia a total of $485 million in lawsuits, sending shares down 4%, the company said in a filing. The lawsuit reportedly relates to a sexual assault that occurred at one of its now-defunct residential treatment facilities. Arcadia said it was evaluating all legal options and would challenge the verdict.
Huali Company — Shares of the auto parts maker rose more than 20% after Bank of America and JPMorgan upgraded their ratings. JPMorgan said the company was “back on track,” while Bank of America said it was “pulling out all the stops.”
— CNBC’s Yun Li, Alex Haring, Samantha Subin and Michael Bloom contributed reporting.
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