Tuesday, September 27, 2022
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Midday Trading: Rocket Mortgage down, Lyft and Michaels up

In Intraday trading today the stocks that are making the biggest movements include LYFT, Rocket Mortgage, and Michaels.

Rocket mortgage was down more than 24% in midday trading and is now trading around $31.50. This movement toward comes after the stock closed up more than 70% yesterday, Tuesday.

Lyft was up 10% Wednesday after the CEO on Tuesday said that he sees a very positive outlook for the return of ridesharing amid covid. Lyft was last trading around $62.

Michaels, an arts and crafts retailer stored up 23% today after the company said it was in agreement to be taken private, in a deal with Apollo Global Management. The stock was last trading around $22.

Stay tuned into InfoTech Trading for market updates.

SourceCNBC
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