Midday Movers: Boeing, MicroStrategy, Moderna and More

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Midday Movers: Boeing, MicroStrategy, Moderna and More
Credit: © Reuters.

By Liz Moyer

Investing.com -- U.S. stocks rose on Wednesday ahead of the Federal Reserve's decision on interest rates. Here are the midday movers for June 15: 

  • Boeing Co (NYSE: BA ) shares rose 8% on a report that China Southern Airlines was testing flights with the plane maker's 737 MAX.
  • MicroStrategy Incorporated (NASDAQ: MSTR ) stock rose 8.6% after the software services company, which happens to be a big investor in Bitcoin , assured investors that it had plenty of collateral to meet any margin requirements it could face regarding that stake. Bitcoin's price fell 7%, to around $21,953.
  • Moderna Inc (NASDAQ: MRNA ) shares rose 7.5% after an advisory panel to the Food and Drug Administration recommended its Covid-19 vaccine for children aged 6 to 17.
  • Goldman Sachs Group Inc (NYSE: GS ) shares rose 2.6% to lead the banking sector higher as the prospect of rising rates is seen benefitting bank lending profits.
  • Nucor Corp (NYSE: NUE ) shares rose 2.5% after an upbeat forecast for profit based on strong demand for steel.
  • Zendesk Inc (NYSE: ZEN ) shares rose 4% after it said it was negotiating with activist investor Jana Partners after failing to find a buyer.

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