Check out the companies making the biggest moves midday: Wave Life Sciences — The Singapore-based biotech that trades on Nasdaq more than doubled, soaring roughly 140% , after posting positive interim data from a Phase 1 trial of an RNA obesity shot that cut fat but retained muscle. Paramount Skydance — The media company is launching a hostle bid to buy Warner Bros. Discovery after it lost out to Netflix in a bidding war. Shares of Paramount rose 7%, Netflix shares fell nearly 4%, while Warner Bros. stock popped 4%. In the wake of the news, Pivotal Research group downgraded Netflix stock. Structure Therapeutics — Shares of the biotech nearly doubled on Monday after the company said its obesity pill showed weight loss of as much as 11% after 36 weeks of treatment. Confluent – The Wall Stree
Stocks making the biggest moves midday: PSKY, WVE, CFLT & more
CNBC Stock Market12/09
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