Stocks making the biggest moves midday: Twitter, Poshmark, Rivian and more

Check retired the companies making headlines successful midday trading.

Twitter — Shares of Twitter surged astir 13% aft a study that Elon Musk plans to spell done with the acquisition of the institution astatine $54.20 per share, the primitively agreed-upon price. Trading of the company's banal was halted pending quality astir midday Tuesday.

Rivian — Shares of the electrical conveyance shaper changeable up 13% aft the institution said Monday that third-quarter accumulation jumped 67% compared to the anterior quarter. The institution remains connected way to conscionable the accumulation extremity it acceptable successful March aft halving erstwhile estimates owed to planetary proviso concatenation issues.

Poshmark — Shares of the online retail tract surged much than 13% midday aft the institution struck a woody with South Korean net elephantine Naver to beryllium acquired for astir $1.2 billion. The merger could assistance Naver deepen its scope successful online retail and let Poshmark grow internationally.

Illumina — The biotech banal jumped much than 9% aft SVB Securities upgraded Illumina to outperform from marketplace perform, citing the imaginable of caller sequencing innovations called the NovaSeq X Series to thrust upside successful 2024 and beyond, according to FactSet's StreetAccount.

Travel stocks — Shares of hose and cruise enactment stocks surged Tuesday and were among leaders successful the S&P 500. These stocks are volatile and delicate to large swings successful markets overall. Norwegian Cruise Line jumped 13%. Royal Caribbean and Carnival gained 12% and 11%, respectively. Delta Air Lines and American Airlines each precocious much than 8%.

Gilead Sciences — Shares of the biopharma banal gained 4% aft JPMorgan Chase upgraded Gilead Sciences to overweight. The slope said investors are undervaluing its maturation imaginable and the banal could rally astir 30%

Domino's Pizza — Shares of the pizza concatenation roseate much than 4% aft UBS upgraded the banal to bargain from neutral. The concern steadfast said that Domino's should spot request clasp up adjacent if user spending weakens overall.

Credit Suisse — Shares of Credit Suisse jumped much than 10% aft whiplashing successful Monday trading pursuing a study implicit the play that said the slope was assuring large investors of its fiscal well-being amid concerns.

Tesla — Shares of electrical conveyance shaper Tesla roseate 2% Tuesday, rebounding from a crisp nonaccomplishment successful Monday's league aft announcing disappointing third-quarter transportation numbers. Tesla's banal slumped 8% Monday, its largest driblet since June 3.

Rocket Pharmaceuticals — Shares of Rocket Pharmaceuticals jumped much than 12% aft the institution announced plans for a $100 cardinal banal offering. The program gives underwriters a 30-day accidental to acquisition up to $15 cardinal worthy of further shares.

General Motors — Shares of automaker General Motors gained 7% aft the institution announced income rose 24% successful the 3rd quarter, rebounding from 2021 erstwhile proviso concatenation issues hindered production.

Ford Motor — The Detroit automaker rallied 6% aft reporting a 16% summation successful third-quarter income compared with a twelvemonth earlier, contempt September income declining much than expected. Ford said caller conveyance request "remains strong." 

— CNBC's Michelle Fox, Alex Harring, Tanaya Macheel, Sarah Min, Jesse Pound and Samantha Subin contributed reporting.