Stocks making the biggest moves midday: First Solar, CrowdStrike, Datadog, Robinhood and more
Check out some of the stocks making the largest moves in midday trading: Solar stocks — Companies tied to renewable energy rose in midmorning trading as President Donald Trump’s megabill crept closer to passage before a White House July 4 deadline. While the measure has no new carveouts for clean energy, earlier this week the Senate version of the bill dropped a tax on solar and wind projects . Panel manufacturer First Solar jumped 8%, and manufacturer of solar microinverters Enphase Energy added 5%. The Invesco Solar ETF (TAN) advanced more than 3%. CrowdStrike — The cybersecurity company saw shares surge roughly 4%. Wedbush Securities analyst Dan Ives lifted his price target on the stock to $575 from $525, citing “increased momentum in the field around its cyber platform approach. … CrowdStrike remains one of our favorite tech names and we are seeing deal momentum spread with AI also a clear tailwind for this well positioned tech leader,” he wrote Thursday. Synopsys , Cadence Design Systems — Shares of the Silicon Valley-based chip designers rallied more than 4% each. The U.S. government lifted restrictions on exporting chip design software to China, according to announcements from companies in the industry. Datadog — The cloud monitoring provider surged more than 12% after S & P Global added it to the S & P 500 index , effective before trading starts July 9. The move will force passive index funds to buy Datadog shares to reflect the composition of the underlying benchmark index. Tripadvisor — The online travel review company climbed 16% following a report in The Wall Street Journal that activist investor Starboard took a 9% stake. Robinhood — The online brokerage fell 4%, giving back some of its 6% rally from Wednesday. Robinhood was seen as a leading candidate to replace Juniper Networks in the S & P 500, and privately held OpenAI is pushing back against Robinhood’s recent announcement of tokenized shares in the artificial intelligence startup. Crypto stocks — Stocks with ether (ETH) treasury ambitions extended gains a second day amid a surge of renewed interest in stablecoins and stock tokenization, both of which are largely supported by the Ethereum network. Bit Digital rose 6%, while betting platform SharpLink Gaming jumped 2%. Bitmine Immersion Technologies soared 35%, and has surged more than 1,000% since announcing its own ETH treasury plans Monday. Kratos Defense and Security Solutions — The drone maker added 2% after RBC Capital Markets reiterated an outperform investment opinion. The firm raised its 12-month price target on Kratos, believing small-cap defense stocks will continue to outperform, driven by growth in fiscal 2026 defense spending and “valuation mismatches.” Kratos shares hit a fresh 52-week high earlier this week. — CNBC’s Tanaya Macheel, Pia Singh, Jesse Pound, Dylan Butts, Michelle Fox and Nick Wells contributed reporting.
