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In this article SBNY BK BAC ZS OKTA PDD MELI GS CS CSG.N-CH CONX DISH NOVA SPWR NET KR SPLK BP BP.-GB LFG NFLX NWSA CLR FOXA AAPL RBLX Follow your favorite stocks CREATE FREE ACCOUNT Rafael Henrique | SOPA Images | LightRocket | Getty Images Check out the companies making the biggest moves midday: Roblox — Roblox shares shot up 21% after the online gaming company reported metrics for September that showed stronger engagement than a year ago. Apple — The tech giant saw its shares rally more than 2% after Morgan Stanley reiterated the stock as overweight. The Wall Street firm said Apple would fare better than other technology companies in the event of an economic downswing, thanks to its loyal user base. Continental Resources — Shares of the U.S. oil producer rose 8.5% after chairman and founder Harold Hamm and his family reached a deal to acquire shares of Continental Resources it doesn't already own for $74.28 per share. Fox Corp , News Corp — Fox shares dropped 8%, while News ...

The Securities and Exchange Commission today charged Peter L. Coker Sr., Peter L. Coker Jr., and James T. Patten for their roles in orchestrating fraudulent manipulative securities trading schemes. These schemes included artificially inflating the share price of Hometown International, which operated a New Jersey deli producing less than $40,000 in annual revenue, from approximately $1 per share in October 2019 to nearly $14 per share by April 2021, leading to a grossly inflated market capitalization of $100 million. According to the SEC’s complaint, Patten, Coker Sr., and Coker Jr., who was the former Chairman of the Board of Hometown International, took control of the outstanding shares of Hometown International and a separate shell company, E-Waste Corp., artificially inflated the price of both issuers’ stock through manipulative trading, and used the entities to acquire privately-held companies in reverse mergers, with the intent to thereafter dump their shares at grossly i...

Shares in Bed Bath & Beyond, a company that was plunged into the volatile world of meme-stock trading this year, fell approximately 41% Friday, days after its share price had more than doubled. The immediate catalyst for the Friday sell-off appeared to be the same as the one that caused the brief run-up earlier in the week and well before it: activist investor Ryan Cohen. Cohen, the co-founder of online pet retailer Chewy, has been at the vanguard of the meme-stock movement, having helped lead a recovery in the price of video game retailer GameStop after disclosing his purchase of a stake in that company in 2020 on the belief that it was undervalued. In March, Cohen revealed his purchase of a 9.8% stake in Bed Bath & Beyond. Online retail investors took the announcement as a hint that the home goods retailer was Cohen's next turnaround candidate. Cohen went on to pressure the company to force out then-CEO Mark Tritton and appoint three hand-picked board members. On Monday...