Here are the stocks that make notable moves in trading at noon.
Tesla – The carmaker has risen 3% to a new all-time high. The move capped a record year for Tesla, which saw the company report five consecutive quarters of profit extending through 2019. The electric car maker was also added to the S&P 500. Shares rose more than 750% for that year .
Enphase Energy – Shares gained slightly after the S&P Dow Jones Indices said that the Australian energy technology company will replace Tiffany in the S&P 500 benchmark starting January 7th. Tiffany is purchased by LVMH. Enphase Energy’s stock has risen by more than 560% this year amid rising interest in solar energy.
Western Digital – Shares rose more than 10% as investors piled on the chip maker at the end of the year. Western Digital gained over 21% this month alone, reducing its 2020 losses to about 13%.
Tribune Publishing Company – Shares of Chicago Tribune owner and New York Daily News rose more than 9% after a securities listing showed that Alden Global Capital had made a non-binding offer to buy the company. Alden is already a major shareholder in Tribune, owning about 32% of the company’s remaining shares. The Wall Street Journal first reported the news.
Celsius Holdings – The shares of the beverage company rose more than 13% after the S&P Dow Jones Indices announced that the shares will join the S&P SmallCap 600. The change will take effect on January 7th.
– Pippa Stevens and Yun Li contributed to this story.