Stocks making the biggest moves midday: CoreWeave, Canada Goose, Tesla, United Airlines and more

As of midday on March 31, 2025, several notable stocks have experienced significant movements, reflecting broader market trends and company-specific developments.​

Tesla (TSLA): Tesla's stock declined by 6.2% in morning trading. Analysts have expressed concerns over the company's vehicle deliveries for the past few months, with production delays of the new Model Y and protests against CEO Elon Musk contributing to the uncertainty. Stifel analyst Stephen Gengaro reduced his first-quarter delivery forecast by 23%, maintaining a buy rating but lowering the price target to $455. ​

CoreWeave (CRWV): The Nvidia-backed cloud computing company saw its stock price fall by approximately 9% to under $37 on its second trading day. The decline is attributed to broader market concerns, particularly investor anxiety over the Trump administration's tariff policy, which has affected tech shares, especially those tied to artificial intelligence. ​

Canada Goose Holdings (GOOS): Shares of the luxury apparel manufacturer dropped 5.9% following a downgrade by Barclays. The company recently announced the renewal of its normal course issuer bid, allowing for the purchase and cancellation of up to 4,556,841 subordinate voting shares between November 22, 2024, and November 21, 2025, viewing this as an appropriate use of excess cash within its capital allocation strategy. ​

United Airlines (UAL): The airline's stock experienced a decline amid broader market volatility and sector-specific challenges. The aviation industry continues to navigate fluctuating demand and operational hurdles, impacting investor sentiment.​

Moderna (MRNA): The biotech company's shares plummeted by 8% following the resignation of a key FDA official, Dr. Peter Marks, adding to uncertainty in the biotech sector. ​

Mr. Cooper Group (COOP): In contrast, shares surged by 15% upon news of its acquisition by Rocket Companies. However, Rocket Companies' stock fell by 5.2% following the announcement. ​

Overall, the S&P 500 declined by 0.4%, with technology and consumer discretionary sectors leading the downturn. The Dow Jones Industrial Average, however, rose by 0.2%, showing resilience despite broader market challenges. ​

Investors are advised to monitor these developments closely, considering both macroeconomic factors and company-specific news when making investment decisions.