Sunnova, Cal-Maine Foods, etc.

See which companies are making headlines in midday trading.

Fluor Corporation — The engineering and construction company rose 2.4% after UBS upgraded Fluor shares to buy. Wall Street firms are optimistic about Fluor after agreeing to complete new projects.

carnival — Cruise ship stocks rose as a group in midday trading. carnival and norwegian cruise line They added 2.8% and 3.9%, respectively. Royal Caribbean The stock rose nearly 3%. This move follows a sharp decline in oil prices.

Sunnova Energy, Sunrun — Sunnova Energy rose 2.2%, while Sunrun fell 1.1% after Truist downgraded the solar stock to a buy rating, citing near-term concerns from rising interest rates.

cal maine food — Shares fell 7.3% after the egg producer gave a lackluster earnings report, citing a dynamic market environment. The company reported fiscal first-quarter earnings of 2 cents per share, missing the consensus estimate of 33 cents per share from analysts surveyed by FactSet.

intel — The chipmaker edged up 0.7% after Intel said its programmable chip unit will be a standalone business and plans to go public in the next two to three years.

dexcomInsulet — Diabetes Names DexCom and insulate The popular weight-loss drug GLP-1 fell 3.5% and 3%, respectively, after a study was published Tuesday showing that GLP-1 may affect the need for basal insulin. Separately, Insulet said Tuesday that Wayde McMillan would step down from his position as chief financial officer.

Energy Stocks – Energy stocks were broadly lower in midday trading Wednesday as oil prices fell more than $3 a barrel. marathon oil The stock price fell 3.7%. phillips 66 The stock price fell 4.5%.

— CNBC’s Alex Harring and Samantha Subin contributed reporting.