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Stocks making the biggest moves midday: SoFi Technologies, Charter Communications, Delta and more



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Delta Airlines Embraer ERJ 170-200 flying above Los Angeles International Airport on Oct. 2, 2022 in Los Angeles, California.AaronP/Bauer-Griffin | Gc Images | Getty ImagesCheck out the companies making the biggest moves midday:SoFi Technologies — The fintech stock jumped more than 7% after a filing showed CEO Anthony Noto bought $5 million in common stock. The purchase was done through multiple trades from Friday to Tuesday, the filing said.related investing newsCharter Communications — Charter Communications dropped more than 13% after CEO Thomas Rutledge said at an investor event the company will invest $5.5 billion over three years to upgrade its high-speed internet network.Tesla — Shares of the electric vehicle maker shed more than 1% following analyst calls for how the stock will perform in 2023. Goldman Sachs cut its price target while reiterating the stock as a buy. Morgan Stanley said it was a top auto pick for 2023.Plug Power — Plug Power’s stock surged nearly 7% after UBS initiated coverage of the stock with a buy rating and a price target that implies shares can gain more than 80%. UBS said investors are underappreciating the hydrogen fuel cell maker’s growth potential.Delta Air Lines — Shares of the airline rose 2.4% after the company said the travel boom isn’t done and that it expects 2023 earnings to nearly double as a result. Delta forecast a revenue jump of between 15% and 20% in 2023.Caesars Entertainment, Penn Entertainment — Shares of Caesars fell 3%, and Penn lost 2.5% after the casino operators were downgraded by Bank of America to neutral from buy. BofA said it is concerned about …

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