The GM logo is seen on a water tank of the General Motors assembly plant in Ramos Arizpe, in Coahuila state, Mexico February 11, 2021.
Daniel Becerril | Reuters
Check out the companies making headlines in midday trading.
Energy — Energy stocks dominated the top performing spots in the S&P 500 as U.S. crude oil prices topped $80 a barrel, the highest since 2014. APA Corp gained 6.8%. Pioneer and Diamondback added 4.6%. Hess rose 6.6%. EOG leapt 5.5%. Marathon Oil gained 4.6% and Devon Energy added 3.8%.
Charter Communications — The cable company’s stock fell 4.8% after Wells Fargo downgraded it to underweight from equal weight, due to concerns about slowing cable subscriber growth. Cable One also lost 2.7% after Wells downgraded it to equal weight from overweight. Competitors Altice fell 4% and Comcast Corp fell 4.7%. Comcast owns NBCUniversal, the parent company of CNBC.
General Motors — Shares of the automaker jumped 3.5% after Credit Suisse reiterated its outperform rating on…