Beyond Meat, Virgin Galactic, AMC and more

Check out the business making headings in midday trading.

Beyond Meat — Shares of the alternative meat business rose 10% after Bernstein double updated the stock to outshine from underperform. Beyond Meat’s stock is down almost 40% considering that January, however Bernstein stated sales must acquire steam once again as the financial resuming expands.

Virgin Galactic Holdings – Virgin Galactic shares leapt 27.6% following the business’s Saturday spaceflight test. The test, which is an advance for the area tourist business, had actually formerly been postponed for more than 6 months. At one point on Monday the stock turned favorable for 2021. 

AMC Entertainment — Shares of the cinema chain leapt 13.3% after the business’s biggest investor Dalian Wanda Group, a Chinese corporation, offered the majority of its stake in AMC. A Securities and Exchange Commission filing on Friday programs Dalian Wanda offered 30.4 million shares for about $427 million.

Dollar General — Shares of the discount rate seller fell almost 4% after Bank of America devalued the stock to underperform from neutral. The company stated in a note that Dollar General tends to underperform when gas costs are high.

Norwegian Cruise Line — Shares of the cruise operator popped 4.7% after the business revealed strategies to return travelling in the U.S. this summer season.

HP — The tech stock increased about 2% after Citi updated HP to purchase from neutral. The company stated in a note to customers that require for computers must stay strong post pandemic.

Moderna — Shares of Modera edged 1.7% greater after the pharmaceutical business revealed a production contract Saturday with South Korean biotech business Samsung Biologics. The relocation will make it possible for Moderna to offer its Covid-19 vaccine beyond the U.S. beginning in the 3rd quarter of 2021, the business stated.

— CNBC’s Maggie Fitzgerald, Pippa Stevens and Jesse Pound contributed reporting.