Stocks making the biggest moves midday: Braiin surges 62%, AppLovin tumbles 12%

Price ActionIndustry
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Summary · why it matters

Several stocks made significant moves in midday trading. Braiin surged 62% after launching Aria, an AI agent for the real estate industry, with its CEO citing a scalable software opportunity in a market forecast to reach $32 billion by 2033. AppLovin tumbled 12%, making it the worst-performing S&P 500 member and on pace for its sixth daily loss in seven sessions. Biogen added nearly 2% after Truist upgraded the stock to buy from hold, citing potential upside from upcoming drug trial data. U.S.-listed shares of Nio rose 3% after Goldman Sachs upgraded the stock to buy from neutral, setting a $7 price target that implies 46% upside. SpaceX fell nearly 4% to a fresh post-IPO low, approaching its $135 offering price, despite the FAA clearing the way for a flight test. U.S.-listed shares of SK Hynix tumbled 8% after their Nasdaq debut, while Seoul-listed shares sank more than 15% in their worst day ever. Memory and chip stocks were under pressure, with the Roundhill Memory ETF down 9% and the iShares Semiconductor ETF off 4%. MGM Resorts International rose more than 1% after reports of private buyout talks with Barry Diller. Energy stocks gained as oil prices rose over 4% following President Trump's reinstatement of a blockade on Iranian ships, with Valero Energy up 4% and ConocoPhillips up nearly 3%. Shopify and Deckers Outdoor Group both rose about 2% after Jefferies upgraded them to buy.

Impact on stocks 23

Semiconductors · 4 stocks
SK Hynix Inc
000660
▼ NegativeDemandrelevance

SK Hynix shares sank more than 15% in their worst day ever amid broad weakness in memory and chip stocks.

Artificial Intelligence± Mixed · 3 stocks
Applovin Corp
APP
▼ Negativerelevance

AppLovin tumbled 12%, making it the worst-performing S&P 500 member and on pace for its sixth daily loss in seven sessions.

Braiin Limited Common Stock
BRAI
▲ PositiveTechnologyrelevance

Braiin surged 62% after launching Aria, an AI agent for the real estate industry, with a scalable software opportunity.

Cloud & Digital Infrastructure · 3 stocks
Shopify Inc
SHOP
▲ PositiveCapitalrelevance

Shopify rose about 2% after Jefferies upgraded it to buy.

Energy · 3 stocks
Consumer Discretionary · 2 stocks
MGM Resorts International
MGM
▲ PositiveCapitalrelevance

MGM Resorts International rose more than 1% after reports of private buyout talks with Barry Diller.

Space Economy · 2 stocks
Biotech & Genomic Medicine · 1 stocks
Biogen Inc
BIIB
▲ PositiveCapitalrelevance

Biogen added nearly 2% after Truist upgraded the stock to buy from hold, citing potential upside from upcoming drug trial data.

Electrification & Mobility · 1 stocks
NIO Inc
9866
▲ PositiveCapitalrelevance

Goldman Sachs upgraded Nio to buy from neutral with a $7 price target, implying 46% upside.

Synthetic Biology (non-pharma) · 1 stocks
Valero Energy Corporation
VLO
▲ PositiveGeopoliticsrelevance

Oil prices rose over 4% after President Trump reinstated a blockade on Iranian ships, benefiting energy stocks like Valero.

Industrials · 1 stocks
Communication Services · 1 stocks
Energy Transition & Power Demand · 1 stocks