Midday Movers: GameStop, Seagen, Energy Stocks and More

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Midday Movers: GameStop, Seagen, Energy Stocks and More

By Liz Moyer

Investing.com -- U.S. stocks rallied ahead of Friday's jobs report for June. Here are the midday movers for July 7:

  • GameStop Corp (NYSE: GME ) shares jumped 12% on Thursday after the company detailed its stock split, aiming for a 4-for-1 transaction later this summer.

  • Seagen Inc (NASDAQ: SGEN ) stock rose more than 2% after a report that Merck & Company Inc (NYSE: MRK ) was near a deal to buy the biotech company for $40 billion.

  • Energy stocks rebounded after a couple of down days. Exxon Mobil Corp (NYSE: XOM ) stock rose 3%, while Marathon Oil Corporation (NYSE: MRO ) jumped 5% and Occidental Petroleum Corporation (NYSE: OXY ) rose nearly 4%.

  • Bed Bath & Beyond Inc (NASDAQ: BBBY ), another meme stock, rose 25% on Thursday after filings showed a wave of insider buying in the shares.
  • Beyond Meat Inc (NASDAQ: BYND ) rose more than 7% after a report the meatless food maker was named the plant-free food provider to Disneyland Paris.

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