Stocks making the biggest moves midday: Wynn Resorts, TuSimple, Newell Brands, First Solar and more

Check retired the companies making headlines successful midday trading.

Wynn Resorts – Shares of the casino relation jumped 10% aft a filing showed billionaire capitalist and edifice proprietor Tilman Fertitta has built a passive 6.1% involvement successful the company. The banal is inactive down much than 20% this year.

Newell Brands – Shares of Newell Brands, a user goods manufacturer, slipped 7.3%. The institution was precocious downgraded by a slew of analysts including those astatine Raymond James, Deutsche Bank, Jefferies and Wells Fargo pursuing their net study past week.

TuSimple – Shares of self-driving startup TuSimple slumped 46% aft it fired its CEO, Xiaodi Hou. An internal investigation showed improper dealings and a imaginable tech transportation to a Chinese steadfast by Hou. The FBI and Securities and Exchange Commission are some investigating, the Wall Street Journal reported.

First Solar — The star banal jumped much than 9% during midday trading. On Friday, Bank of America raised its terms nonsubjective connected First Solar, saying the company's maturation prospects stay intact adjacent aft its much than 60% rally this year, according to the analyst.

Paramount Global –Shares of Paramount Global shed 3.6% aft being downgraded by Wells Fargo Securities to underweight from adjacent weight. Analyst Steven Cahall, who had conscionable downgraded the media institution to adjacent value earlier this month, expects antagonistic revisions and a imaginable reconsideration of sports rights oregon a displacement successful strategy from Paramount.

HanesBrands Inc – Shares of HanesBrands fell much than 4% aft the retailer received a treble downgrade from Wells Fargo. The steadfast chopped the banal to underweight from overweight, citing expanding macroeconomic and equilibrium sheet issues successful the adjacent year.

Meta Platforms – Shares of Meta Platforms fell 5.5%, starring declines successful megacap exertion stocks pursuing disappointing net results past week. Alphabet, Apple and Microsoft each slipped astir 1% arsenic well.

Global Payments – The banal slid 6.7% aft the institution reported net that were successful enactment with expectations connected per-share net and bushed anticipated revenue. Meanwhile, the institution said it was taking steps to concern multi-billion dollar transactions that progressive debt. The banal is inactive up astir 7% this month.

Align Technology – Align Technology banal jumped 4% Monday aft announcing a caller $200 cardinal accelerated stock buyback agreement nether its $1 cardinal repurchase program.

Howmet Aerospace – Shares of Howmet Aerospace, an aerospace manufacturer, fell much than 3% Monday aft the institution reported quarterly results that missed Wall Street expectations for revenue. The institution reported gross of $1.43 cardinal successful the quarter, wherever analysts expected $1.44 billion, according to StreetAccount.

NOV Inc. – Shares of lipid and state shaper NOV roseate much than 5% aft Morgan Stanley boosted its terms people for the company. The steadfast has an adjacent value standing connected the stock.

Oil and vigor stocks – Oil and vigor institution stocks got a boost Monday aft the Organization of Petroleum Exporting Countries said it sees oil request increasing for the adjacent fewer decades and called for trillions of dollars of concern into the sector. Shares of Coterra Energy added 2%. Diamondback and Occidental Petroleum roseate astir 1%.

ON Semiconductor – Shares of ON Semiconductor fell much than 8% adjacent aft the institution bushed estimates connected the apical and bottommost lines. The company's fourth-quarter guidance was mostly successful line, according to StreetAccount, though it did telephone for a sequential diminution successful revenue. Other spot stocks were besides nether unit connected Monday, with Advanced Micro Devices dipping 3.1%.

Amgen — The biopharma banal dipped 1.5% aft Barclays downgraded Amgen to underweight from adjacent weight, saying capitalist enthusiasm up of an obesity cause update adjacent week whitethorn beryllium overdone. Shares of Amgen rallied astir 20% this month, creating a "challenging setup" for the banal to outperform pursuing the update, according to the firm.

— CNBC's Yun Li, Alex Harring, Michelle Fox, Sarah Min and Jesse Pound contributed reporting