Morning Movers: Liberty Energy, Tesla up after President-elect Trump alliance

Check out this morning’s top movers from around Wall Street, compiled by The Fly.

HIGHER –

• Liberty Energy (LBRT) up 6% after President-elect Donald Trump nominated Chris Wright, Liberty’s founder, chairman of the board, director and CEO, for the position of U.S. Secretary of Energy
• Target Hospitality (TH) up 6% after extending its contract with Pecos Children’s Center and reaffirming its FY24 outlook
• Tesla (TSLA) up 5% after Bloomberg reported members of President-elect Donald Trump’s transition team have told advisers they plan to make a federal framework for fully self-driving vehicles one of the Transportation Department’s priorities
• Newmont (NEM) up 3% after agreeing to sell its Musselwhite operation in Ontario, Canada, to Orla Mining (ORLA) for up to $850M in total consideration
• CVS Health (CVS) up 2% after appointing four new board members following discussions and an agreement with Glenview Capital Management

UP AFTER EARNINGS –

• Twist Bioscience (TWST) up 13%
• Brady (BRC) up 2%

LOWER –

• Spirit Airlines (SAVE) down 5% after entering into a restructuring support agreement supported by a supermajority of Spirit’s loyalty and convertible bondholders on the terms of a balance sheet restructuring
• Nvidia (NVDA) down 2% after The Information reported Nvidia is grappling with new problems related to its Blackwell graphics processing units for artificial intelligence, namely, how to prevent them from overheating when connected together in the customized server racks it has designed