3 Stocks Making Big Midday Moves

The FDA approved covid booster shots for kids aged six months to five years

Managing Editor
Dec 8, 2022 at 3:30 PM
facebook X logo linkedin


Below we are taking a look at three popular stocks making move in today's trading, just on the heels of several earnings releases and an exciting approval from the Food & Drug Administration (FDA). Continue reading to find out more about why GameStop Corp. (NYSE:GME), Hello Group Inc. (NASDAQ:MOMO), and BioNTech SE (NASDAQ:BNTX) are making major noise on Wall Street today.

GME Brushes Off Steep Quarterly Loss

GameStop stock is shaking off its early morning losses and is now eyeing the end of a three-day losing streak. The company reported a wider-than-expected third-quarter loss of 31 cents, with fingers pointing to inflation and a lack of hit titles in recent months. Despite its promise of internal company turnaround efforts, GME is sporting a steep 33% year-to-date deficit. On the day, GME was last seen up 11% to trade at $24.89, despite a slower start before the bell.

China Software Stock Soars Higher

Chinese software stock MOMO is up an impressive 31% this afternoon, last seen near $6.90, after the company posted impressive third-quarter results. They did, however, report 8.4 million paying users for the Momo app, which is 1.2 million lower than 2021. On the charts, Hello Group stock is eyeing its best day since March and is sporting a 50% gain for the quarter.

FDA Buzz Sends Biotech Surging 

BioNTech stock is enjoying a surge on the charts this afternoon, after news broke that the FDA has approved the Covid-19 booster vaccine for children six months to five years. Partnered with Moderna (MRNA) and Pfizer (PFE), the vaccination booster will be shipped out to healthcare facilities for distribution immediately. At last check, the pharma giant is trading up 4.5% at $170.17. In 2022, BNTX has shed 33% with recent overhead pressure forming at the 260-day moving average.

 

Target Effortless Triple-Digit Gains Every Sunday Evening For Life!

This is your chance to triple your profit potential on Sunday evenings, without spending all your free time watching the market.

On Sundays, as a Weekend Plus subscriber, you’ll get up to 6 trades every Sunday, each targeting gains of 200% or more.

Start targeting gains like the ones our subscribers have seen recently, including:

213.3% GAIN on AutoNation calls
100.0% GAIN on Monster Beverage calls
100.4% GAIN on Walgreens Boots Alliance puts
100.4% GAIN on ON Semiconductor calls
257.7% GAIN on Dell calls

101.0% GAIN on Apollo Global Management calls
103.6% GAIN on JP Morgan  Chase calls
105.3% GAIN on DraftKings calls
101.3% GAIN on Airbnb calls
203.0% GAIN on Shopify calls
102.0% GAIN on Cboe Global Markets calls
100.9% GAIN on Boeing calls
102.1% GAIN on Microsoft puts
102.3% GAIN on First Solar calls
101.5% GAIN on PulteGroup calls
101.0% GAIN on Apple calls
209.4% GAIN on NXP Semiconductors calls
100.8% GAIN on Uber Technologies calls
100.4% GAIN on Academy Sports and Outdoors puts
102.2% GAIN on Trade Desk calls
100.8% GAIN on DoorDash calls
100.0% GAIN on Camping World Holdings puts
100.0% GAIN on Cboe Global Markets calls
100.2% GAIN on C3.ai calls
238.5% GAIN on Oracle calls

 
 
 


 
 

Rainmaker Ads CGI