AMC Empire 25 outside Times Square is open as New York City movie theaters reopen for the first time in a year after a coronavirus shutdown, March 5, 2021.

Angela Weiss | AFP | Getty Images

Take a look at the companies making the headlines in midday trading.

AMC Entertainment — Shares of the movie theater chain rose 30%. On Friday, the judge blocked the proposed settlement on the company’s stock conversion plan, which would allow the company to issue more shares to pay off some of its debt. Separately, said AMC recorded the largest attendance and admission revenue in a single weekend since 2019, nodding to the hype around “Barbenheimer phenomenon.

IMAX — The entertainment technology company jumped about 6% as Universal’s “Oppenheimer” brought audiences to IMAX screens. B. Riley analyst Eric Wold said the over-indexing of IMAX screens in theaters due to the pandemic reflects increasing consumer demand for the format.

Mattel — The toymaker gained 1.9% after the successful opening weekend of “Barbie,” the Warner Bros. based on the iconic Mattel doll.

Chevron — Energy stocks jumped 2.8% after the company issued a preview of its quarterly results which reported higher than expected profits. Chevron reported $3.08 a share in adjusted earnings, beating Wall Street’s consensus estimate of $2.97 a share, according to Refinitiv. The company’s board is waiving the mandatory retirement age for CEO Mike Wirth, giving the company more time to find a successor. Chevron also named a new chief financial officer.

Knight-Swift Transport — The trucking company’s stock rose more than 1%. Late last week, the company released a weaker-than-expected financial update for the second quarter. Knight-Swift reported adjusted earnings of 49 cents per share on revenue of $1.55 billion. Analysts had expected 55 cents a share on revenue of $1.6 billion, according to Refinitiv.

Intuitive surgery — Health care stocks fell 3.5%. Last week, the company reported higher-than-expected earnings and revenue for its latest quarter. Intuitive Surgical reported adjusted earnings of $1.42 per share on revenue of $1.76 billion. That compared with estimates of $1.33 per share on revenue of $1.74 billion, according to Refinitiv.

Domino’s Pizza — Shares of Domino’s Pizza rose 1.6%. The fast-food chain reported mixed quarterly results, including adjusted earnings of $3.08 per share, beating analysts’ estimates of $3.05 per share. Excluding currency, Domino’s said global retail sales rose 5.8% in the period.

Becton Dickinson — The medical technology company then saw shares rise more than 6%. Raymond James improved Becton Dickinson surpass performance. The company has received approval from the US Food and Drug Administration for its updated BD Alaris infusion system, which helps monitor patients’ vital signs and deliver drugs, blood and other fluids.

Sirius XM — Shares of the audio entertainment company fell 14% after Deutsche Bank downgraded the stock to sell from neutral, citing its valuation after the stock doubled in the past month. The firm said the move was due to technical factors, namely high short-term interest as well as buying from investors ahead of the rebalancing on the Nasdaq.

Spotify — Shares of the music streaming company fell 5.5% afterward. Spotify has announced a price increase for your premium subscription. The company is scheduled to report its quarterly earnings before the bell on Tuesday.

Gilead Sciences — Shares of the biopharmaceutical firm fell 4%. The company said on Friday it would interrupt its final phase of a blood cancer treatment study. Gilead noted that it does not expect revenue from the treatment for 2023 and that the associated reduction in operating expenses in 2023 would be immaterial.

Estee Lauder — The cosmetics company saw its shares fall 1.4% after Piper Sandler downgraded the stock to neutral from overweight, citing expectations of a slower recovery in China, weakening market share and lower brand preference among teenage consumers.

— CNBC’s Hakyung Kim, Yun Li, Alex Harring and Samantha Subin contributed reporting

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