Big movers at noon: Nvidia, Walmart, Discover Financial, and more.

February 20, 2024
1 min read


  • Semiconductor stocks like Nvidia, Super Micro Computer, Advanced Micro Devices, and Marvell Technology declined during midday trading.
  • Walmart’s shares climbed more than 3% and reached a new all-time high after beating expectations for its holiday quarter and acquiring Vizio.

Key Points: The article discusses the major moves made by various companies in the stock market during midday trading. Semiconductor stocks, including Nvidia, Super Micro Computer, Advanced Micro Devices, and Marvell Technology, experienced declines. Walmart saw its shares rise over 3% and reach a new all-time high due to a successful holiday quarter and the acquisition of Vizio. Discover Financial also made headlines by agreeing to be acquired by Capital One Financial in a $35.3 billion all-stock deal, leading to a 14% increase in its shares. Other companies such as Caterpillar, Home Depot, Barclays, Alaska Air, Southwest Airlines, Medtronic, US Foods, and Arm Holdings also saw notable movements in their stock prices due to various factors like earnings reports, upgrades, and operational restructuring.

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