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Midday movers: Activision Blizzard, Oneok, Newmont and more

Investing.com -- Stocks were headed higher as investors await clarity on the outcome of debt ceiling negotiations in Washington. Here are the market movers for May 15.

  • Activision Blizzard Inc (NASDAQ:ATVI) stock rose 1% after European Union regulators approved Microsoft's $69 billion acquisition of the video game maker. Microsoft Corporation (NASDAQ:MSFT)shares were flat.
  • ONEOK Inc (NYSE:OKE) shares fell 8.5% after it announced a deal for Magellan Midstream Partners LP (NYSE:MMP) for $18.8B. Magellan shares rose 13%. The deal will create one of the largest companies engaged in the transfer of oil and gas.
  • Newmont Goldcorp Corp (NYSE:NEM) shares rose 1.8% after the mining giant struck a $17.5B deal for Australia's Newcrest Mining (OTC:NCMGF) (ASX:NCM) to great the world's biggest gold mining company. Newcrest shares rose 2%.
  • H&R Block Inc (NYSE:HRB) shares fell 3.7% and shares of Intuit Inc (NASDAQ:INTU) fell 1.3% after reports the federal government is looking at offering a free electronic filing platform for taxpayers directly to the Internal Revenue Service.

  • Sarepta Therapeutics Inc (NASDAQ:SRPT) shares jumped 28% after expert outside advisors to the Food and Drug Administration recommended approval for its muscular dystrophy gene therapy.

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CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 71.4% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.