![Midday movers: Boeing, HP, Micron and more](https://i-invdn-com.investing.com/news/moved_LYNXMPEI170XY_L.jpg)
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Investing.com — U.S. shares had been wobbling on Monday, with final week’s optimistic sentiment diluted by Moody’s ranking company downgrading its outlook for the U.S. long-term credit standing.
Listed here are a number of the largest U.S. inventory movers at this time:
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Boeing (NYSE:) inventory rose 4.3% after Bloomberg Information reported that China is mulling probably resuming purchases of the planemaker’s fast-selling 737 Max jets.
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HP (NYSE:) inventory rose 0.6% after Citigroup upgraded the pc {hardware} producer to ‘buy’ from ‘neutral’, citing a good valuation, substantial value reductions and the chance for AI integration on PCs.
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Micron (NASDAQ:) inventory fell 1.3% after Chinese language chipmaker Yangtze Reminiscence Applied sciences filed a lawsuit towards the U.S. rival alleging infringement of eight of its patents.
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Robinhood (NASDAQ:) inventory rose 1.7% after Google-parent Alphabet (NASDAQ:) mentioned it had dissolved its stake within the buying and selling app operator, a couple of months after the tech large slashed its stake within the firm by almost 90%.
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Novo Nordisk (NYSE:) inventory rose 0.3% after the drugmaker offered knowledge over the weekend displaying that the center protecting advantages of its widespread weight problems drug Wegovy are usually not solely on account of weight reduction.
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Plug Energy (NASDAQ:) inventory rose 2.2%, persevering with Friday’s hefty losses after the hydrogen fuel-cell agency pulled its 2023 steerage, citing “unprecedented supply challenges.”
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Tyson Meals (NYSE:) inventory fell 2.8% after the meals processor introduced the closing of two of its case-ready meat manufacturing amenities within the US.
- Capital Product (NASDAQ:) inventory rose 3.9% after the transport tanker and vessel proprietor mentioned it has acquired 11 newbuild LNG carriers from Capital Maritime for $3.1 billion.
—Peter Nurse contributed to this report