
By Liz Moyer
Investing.com -- Stocks were moving higher as concerns about the banking system eased and traders set their hopes on a pause in interest rate hikes. Here are the midday movers for March 29.
Emergent Biosolutions Inc (NYSE:EBS) shares rose 4.7% after the Food and Drug Administration approved its Narcan opioid overdose treatment for over-the-counter sales.
Cal-Maine Foods Inc (NASDAQ:CALM) shares jumped 6.7% after the egg producer and distributor reported stronger-than-expected results for the fiscal third quarter. A jump in egg prices from the same time a year ago pushed profit higher by eightfold.
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