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Midday Movers: Twilio, Starbucks, Moderna and More

By Liz Moyer

Investing.com -- U.S. stocks were bouncing back slightly from Tuesday's rout. Here are the midday movers for Sept. 14:

  • Twilio Inc (NYSE:TWLO) stock rose 12% after the cloud communications company said it was going to lay off 11% of its staff as part of a restructuring aimed at boosting profit.
  • Moderna Inc (NASDAQ:MRNA) stock rose 5.7% after a Reuters report that it had talked to China about supplying its Covid-19 vaccine to that country.
  • Starbucks Corporation (NASDAQ:SBUX) stock rose 5.5% a day after its investor presentation as executives forecast double-digit earnings per share gains in the coming quarters.
  • Nucor Corp (NYSE:NUE) stock fell 10% after it cut full-year estimates, citing weakness in its steel mills business.
  • Citigroup Inc (NYSE:C) stock fell 1.9% after a report it was preparing to submit a new plan to regulators regarding its risk management systems.

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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.