Check out the companies making headlines in midday trading. Boeing — The aircraft stock shed 2% after South Korea ordered an inspection of all 737-800 planes operated by domestic carriers following the deadly Jeju Air crash over the weekend, which involved a plane of that model. All but two of the 181 people on board perished in the crash, becoming the deadliest air accident in South Korea’s history. MicroStrategy — The crypto stock slid 7.7% after disclosing a sale of more than 592,000 shares that took place between Dec. 23 and Dec. 29 in a regulatory filing. MicroStrategy said it raised around $209 million from the sale. During this period, MicroStrategy also said it purchased more than 2,100 bitcoins. Technology stocks — Tech stocks struggled on Monday, with the S & P 500 sector losing 1%. “Magnificent Seven” giants Tesla and Amazon fell 2.2% and 1%, respectively. Apple and Microsoft were also down more than 1%. EQT — The energy stock gained 5%, moving higher along with natural gas prices. Natural gas futures are headed for their best year since 2016, up more than 57%. On Monday, it traded more than 17% higher. EQT was the best performing stock in the S & P 500. Super Micro Computer — The technology stock shed 2% after Super Micro terminated its financing and securities agreement with the Taiwan affiliate of HSBC Bank. Shares have been under pressure over the past six months, losing more than 61% in that time. Crypto stocks — Stocks tied to bitcoin moved lower with the cryptocurrency on Monday. Shares of Coinbase and Mara Holdings shed 5.8% and 7.2%, respectively, while Block slipped close 1%. Bitcoin shed more than 1%. Earlier this month, however, the digital currency topped $100,000 for the first time. Nvidia — The leading AI chipmaking stock added 1%, bucking the broader market downtrend and tech sell-off. Shares have surged 178% since the start of 2024. — CNBC’s Sean Conlon, Alex Harring and Samantha Subin contributed reporting.
