Stocks making the biggest moves midday: First Solar, CrowdStrike, Datadog, Robinhood and more
Check out some of the stocks posting the largest moves in midday trading
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.This story originally appeared on: CNBC - Author:Darla Mercado, CFP®