Dell, Twitter, Modern and more

Check out the companies that are owners in the noon trade.

Marathon Oil: The shares of the exploration and production company jumped about 7% in an advance in the price of oil. APA and Western won more than 6% each, and all components of the energy sector traded in green around noon on Wall Street. West Texas crude futures, the U.S. oil benchmark, topped $ 70 on Monday.

Virgin Galactic: Virgin Galactic fell 1.3% after the company said it would delay its first commercial space research mission, due to a third-party supplier who warned of a possible one-piece manufacturing defect used in the flight control system. The flight was scheduled for late September or early October.

Airbnb, Twitter: Airbnb and Twitter fell 2.8% and 3.2%, respectively, after Goldman Sachs began hedging the two shares with sell ratings. Goldman said Twitter will struggle to meet its revenue targets while Airbnb shares were still at risk of uncertainty about the recovery of the travel industry.

Tencent Music Entertainment: Tencent Music fell 3% after Loop downgraded buy-to-hold shares. The firm said it expects a “slow path to recovery of sentiment for the sector,” that it sees stronger regulators of online media assets and prefers to position itself in online retail assets.

Dell: Dell shares gained 3.7% after Goldman Sachs added the computer maker to its conviction shopping list. The company’s $ 137 target price in shares is 44% higher than Dell’s Friday closing price. “We believe the strong generation of cash flows and a clear roadmap for debt repayment continue to advocate a multiple at independent Dell closer to companies,” Goldman said.

Vaccine manufacturers: Pfizer and its partner BioNTech saw shares fall more than 2% and 5.5%, respectively, despite a Reuters report on Friday that said its Covid-19 vaccine could be authorized for use in children between 5 and 11 years as early as October. Meanwhile, Moderna’s shares fell more than 4% after Covid’s reinforcements were reportedly “inadequate” at the moment, according to data from U.S. and international scientists.

Carlyle Group – Shares of the private equity firm rose 1.7% after saying it was considering a $ 6 billion sale or initial public offering for packaging company Novolex, according to Bloomberg. The privately held company bought Novolex for an undisclosed amount in November 2016.

– CNBC’s Jesse Pound, Pippa Stevens and Hannah Miao contributed to the communication