Palantir and Amazon Lead Stocks Making Biggest Midday Moves
The stocks making the biggest moves midday on Friday include Palantir, Amazon, SpaceX, Sandisk, and Snap.
Palantir's stock price rose 10.6% after a report that the company is in talks to acquire a majority stake in the data analytics firm, ClearArmor.
Amazon's stock price increased by 2.4% following news that the company will be adding 150,000 new jobs across its various businesses. SpaceX and Sandisk also saw their stocks rise, with prices increasing by 5.3% and 10.6%, respectively.
Snap's stock price fell by 14.1% after a report suggested that the company is facing increased competition from TikTok.