Twitter, IAC, Nvidia, Conagra: what to watch on the stock market today


U.S. stocks rose in morning trading after Republicans proposed an extension of the short-term debt limit, helping to stave off immediate concerns about a possible government default. Here’s what we’re watching ahead of Thursday’s opening.

  • Twitter TWTR 2.68%

    shares rose 2.4% after the company announced it was selling mobile advertising company MoPub to AppLovin APP 7.25%

    for $ 1.05 billion in cash. AppLovin jumped 13%.

Twitter headquarters in San Francisco, California on July 19, 2021.


David Paul Morris / Bloomberg News

  • Barry Diller’s media conglomerate IAC / InteractiveCorp. CAI 6.08%

    climbed 2.5% after closing a $ 2.7 billion deal to buy Meredith,

    MDP 6.47%

    a magazine publisher with brands such as People and InStyle. Meredith shares rose 6.3%.

  • Megacap tech companies advanced as government bond yields edged down. Apple,

    AAPL 1.00%,

    AMZN 1.40%

    Microsoft MSFT 0.43%

    and Nvidia NVDA 1.79%

    grew by more than 1% each, and Square SQ 3.52%

    was up 4%.

  • Tilray TLRY -3.06%

    shares fell 3.3% after the cannabis company said its first-quarter net loss widened.

  • Lamb Weston LW -8.85%

    shares fell 8.4% after the potato and vegetable company reported first quarter earnings and sales that beat expectations.

  • Manufacturer of household and personal care products Hélène de Troie HELE 8.06%

    climbed 7.6% after raising its outlook for fiscal 2022.

  • Moderna mRNA 1.85%

    stocks gained 1.9%. He presented plans to build a vaccine manufacturing plant in Africa. As of Wednesday’s close, the stock had lost more than 20% of its value this month so far.

  • ACCD Award 1.30%

    will post the winnings after the close.

Card of the day
  • Airlines shares have gained more than 10% over the past month, as broad stock markets have fallen. However, this is only a partial rebound from a bad summer for aviation stocks, including those of aircraft manufacturers. Only shares of low-cost airlines are currently trading above their pre-Covid levels.

Write to Anna Hirtenstein at

Corrections and amplifications
Stock futures were up before the market opened on Thursday. An earlier version of this article incorrectly stated that the move was on Wednesday.

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