CEO and founder of the US Nikola Trevor Milton
Massimo Pinca | Reuters
Check out the companies that are making the headlines in midday trading.
Carnival, Norwegian Cruise Line, Royal Caribbean – Travel stocks rebounded from heavy losses earlier this week amid fears over the new strain of Covid in the UK. Carnival and Norwegian Cruise Line each gained more than 6%, while Royal Caribbean gained 3.5%. MGM Resorts rose 3% and Las Vegas Sands and Wynn Resorts rose 1.7% and 2.8%, respectively.
Pfizer – Pfizer shares rose 2% after the drug maker announced it would supply the US with 100 million additional doses of its Covid-19 vaccine by July. The deal increases the total number of doses to be shipped to the US to 200 million, allowing for 100 million full vaccinations. The U.S. government will pay $ 1.95 billion for the additional doses, bringing the total paid to Pfizer to nearly $ 4 billion.
Nikola – The shares of Nikola Corp. fell nearly 10% after the company announced it had ended its partnership with Republic Services to jointly develop electric garbage trucks. The company's shares were up 22% to $ 44.81 per share in August when Nikola announced the deal for thousands of trucks. it's now worth about a third of that value around $ 15.33.
FuboTV – FuboTV's shares are down more than 8% recently, after seeing their shares soar. The company posted its fifth consecutive double-digit percentage increase on Tuesday. FuboTV was also downgraded by BMO Capital Markets to outperform the outperformance following its recent rally.
Palantir Technologies – Shares in Palantir Technologies rose 2% after the data company signed a new two-year deal with the UK's National Health Service. The deal is valued at approximately $ 31.5 million.
Chevron, Exxon, Diamondback Energy – Energy stocks rose as investors moved into cyclical sectors and oil futures rose. Oil giants Chevron and Exxon gained more than 2%. Diamondback Energy shares, which announced two acquisitions this week, rose more than 8%.
– CNBC's Thomas Franck, Maggie Fitzgerald and Jesse Pound contributed to the coverage.
Subscribe to CNBC PRO for exclusive insights and analysis as well as live business day programs from around the world.