Stocks making the biggest moves midday: ChargePoint Holdings, Seagate Technology, C3.ai and more

Stocks making big moves include ChargePoint, Seagate, C3.ai, Apple, and Align Technology due to earnings, downgrades, and other news.
Semiconductor stocks like Lam Research and AMD fell as a group, while Intel rose.
Rollins, Dutch Bros, and Dave & Buster's shares dropped on secondary offerings and earnings misses.
Roku fell after a downgrade despite strong guidance, while Verint plunged on weak results.
GameStop and Qualcomm also saw notable share movements amid earnings and broader market dynamics.

cnbc.com

Relevant topic timeline:

9/7/2023

Atlanta-based packaging giant WestRock nears $20B merger

WestRock, a large Atlanta-based company, is nearing a merger with Dublin-based Smurfit Kappa to create a $20 billion paper and packaging company with global headquarters in Dublin and operational headquarters in Atlanta.

9/12/2023

Smurfit Kappa Shares Drop 11% on Merger with WestRock to Form Packaging Giant Smurfit WestRock

Shares of Smurfit Kappa dropped 11% after announcing a merger with WestRock to create one of the world's largest packaging companies, to be listed in New York and London, with WestRock shareholders receiving one Smurfit WestRock share and $5 cash per share.

9/12/2023

Stocks Mixed After Earnings: Oracle Slumps, WestRock Gains on Merger, Apple Dips Before Event

Oracle shares dipped 13.5% after disappointing earnings and revenue guidance, while WestRock rose 2.8% following news of a merger with Smurfit Kappa, and Apple shares fell 1.8% ahead of the launch event for its new iPhone.