An AMC theatre is pictured amid the coronavirus disease (COVID-19) pandemic in the Manhattan borough of New York City, New York, U.S., January 27, 2021.
Carlo Allegri | Reuters
Check out the companies making headlines in midday trading.
Bed Bath & Beyond, AMC — Shares surged 41% and 13% respectively as social media traders appeared to invest in the two meme stocks, even without an apparent catalyst.
Signify Health — The stock jumped 13% following a Wall Street Journal report, citing people familiar with the matter, that CVS Health is planning a bid for the home health services company.
First Solar — First Solar jumped 5% after Goldman Sachs upgraded shares to overweight from neutral. The bank said the solar technology stock should benefit from the passage of the Inflation Reduction Act and upped its price target to $126 from $83 a share.
Rhythm Pharmaceuticals — The biopharma stock…