Check out the companies making the biggest moves in midday trading:
Beer stocks — Brewing stocks are trading lower as investors weigh the effect of the U.S.-European Union trade deal. While some say the details are not as bad as feared, there is still concern about consumer demand after Heineken said it anticipates flat sales volume this year. The Dutch brewer’s outlook hurt shares of Anheuser-Busch, which fell 5%, and Molson Coors, which slipped more than 2%. Heineken was down 7%.
Nike — Shares added 4% after JPMorgan upgraded the athletic shoe maker to overweight from neutral. JPMorgan said Nike can recover over the next several years.
Revvity — Shares of the biotechnology company sank more than 10% after lowering its full-year guidance. The diagnostics researcher expects to earn between $4.85 and $4.95 per share, excluding one-time items, down from an earlier estimate of $4.90 to $5.00, with the midpoint below the consensus estimate of $4.93.
Tesla — The electric vehicle maker added almost 4%. CEO Elon Musk confirmed Sunday that Tesla signed a $16.5 billion chip contract with Samsung Electronics.
Source: https://www.cnbc.com/2025/07/28/stocks-making-the-biggest-moves-midday-tsla-nke-rvty-bud.html