Check out the companies making headlines in midday trading: Intuitive Machines — Shares soared 51% after the space exploration company secured a roughly $5 billion space network contract from NASA.
The move is likely intended to push a decision on the politically controversial takeover past the presidential election in November.
Victoria's Secret — The intimate apparel maker gained 5% after Barclays upgraded shares to equal weight from underweight, citing a more balanced risk/reward backdrop.
The investment firm said VF Corp should start to see benefits from last year's CEO change this fall.
Casella Waste Systems — The recycling company fell 5% after announcing a $400 million public offering of its Class A common stock.
Persons:
Steward, McGrath RentCorp —, McGrath, Eli Lilly's GLP, — CNBC's Sean Conlon, Michelle Fox, Lisa Han, Yun Li, Jesse Pound, Pia Singh
Organizations:
NASA, United States Steel, Nippon Steel, Barclays, Medical Properties, Medical Properties Trust, WillScot Holdings, Wolfe Research, Casella Waste Systems
Locations:
U.S