Stansberry Research

U.S. Midday Stock Moves: PARA, SSYS, SHLS, WMT, MAXR

Daniel SmootStansberry NewsWire

Advances:

  • Paramount Global (PARA) +14.5%. Berkshire Hathaway (BRK-B) disclosed that it purchased 69 million PARA shares.
  • Stratasys (SSYS) +11.1%. SSYS's first-quarter earnings and revenue were better than expected.
  • Shoals Technologies (SHLS) +10.3%. Analysts anticipate margin improvements moving forward.

Declines:

  • Walmart (WMT) -9.5%. WMT's first-quarter earnings disappointed.
  • Maxar Technologies (MAXR) -5.7%. MAXR shares were downgraded from "neutral" to "underperform" at Bank of America Securities.