GameStop, Moderna, AMC Entertainment and more

Here are the stocks that are making notable moves in midday trading.

GameStop – Shares of the brick-and-mortar retailer fell more than 20% as the frenzied Reddit-fueled trade continued through February. After having jumped more than 1,600% in January, the title gives back some of its dazzling gains, although apparently synthetic. GameStop is heavily limited on the Robinhood stock trading app.

Moderna – Biotech stock fell 8% after Bank of America downgraded the stock to underperform the neutral. The company’s analyst said in a note that the move was largely due to valuation issues.

AMC Entertainment – Shares of AMC Entertainment rose more than 6% on Monday, continuing to climb from last week, fueled by Reddit-obsessed retail investors trying to squeeze the heavily shorted name. AMC has rocked all the headwinds of trading restrictions on the Robinhood stock trading app.

Pan American Silver, Heart Mining – Mining stocks followed silver higher on Monday as the precious metal became a topic of discussion among retail traders on social media. Shares of Coeur Mining and Pan American Silver rose 19% and 9.7%, respectively.

Ford – Auto stock jumped 5% after the company announced a strategic partnership with parent company Google Alphabet.

Tesla – Shares of the electric vehicle company rose more than 2% after Piper Sandler more than doubled her target on the stock from $ 515 to $ 1,200. “2020 has been a landmark year for TSLA, but in our opinion, the fireworks are not over,” the company said. The new target is around 47% above where the stock is currently trading.

Stitch Fix – Shares of the online styling services company fell more than 12% after Stifel downgraded the stock to a holding rating. The downgrade is a valuation call after the rally of over 40% of the stock this year. Over the long term, the company remains optimistic about the company’s prospects, saying the company will be in a “stronger position after the pandemic.” The company raised its target on the stock from $ 64 to $ 83, which is slightly below where the stock traded on Monday.

Virgin Galactic – Shares of the space tourism company jumped 17% on Monday, topping $ 50 a share, after the space tourism company announced it would repeat its failed December flight test as early as February 13. track to finish above its previous highest closing price, according to FactSet. Virgin Galactic shares more than doubled last month and have climbed more than 180% in the past 12 months.

Williams-Sonoma – Shares of the home-based retailer slipped 3.7% after UBS downgraded the rating to sell it from neutral. The investment firm said in a note that Williams-Sonoma’s recent performance has raised expectations too high for the year ahead.

CureVac – The biotech company’s share price rose nearly 10% after Bayer announced it would help manufacture CureVac’s Covid-19 vaccine. The companies already had a partnership.

– CNBC’s Pippa Stevens, Maggie Fitzgerald and Michael Sheetz contributed to this story.