Check out the companies making headlines in midday trading. Boeing – The aircraft stock fell 2% after South Korea ordered inspections of all 737-800 planes operated by domestic airlines following the deadly Jeju plane crash over the weekend, which involved an aircraft of that model. All but two of the 181 people on board were killed in the crash, which became the deadliest air accident in South Korean history. MicroStrategy – The cryptocurrency stock fell 8% after the company disclosed in a regulatory filing that it sold more than 592,000 shares between December 23 and 29. MicroStrategy said it raised about $209 million from the sale. During this period, the company also said it purchased more than 2,100 bitcoins. Technology Stocks – Technology stocks struggled Monday, with the S&P 500 sector losing 1%. Shares of the “Seven Wonders” giants, Tesla and Amazon, fell 3% and 1%, respectively. Apple and Microsoft shares also fell by more than 1%. EQT – Energy stock rose 5%, rising with natural gas prices. Natural gas futures are headed for their best year since 2016, up more than 57%. Super Micro Computer – The technology stock fell 4% after Super Micro terminated its financing and securities agreement with the subsidiary of HSBC Bank in Taiwan. Shares have been under pressure over the past six months, losing more than 61% in that period. Cryptocurrency Stocks – Bitcoin-related stocks fell along with the cryptocurrency on Monday. Shares of Coinbase and Mara Holdings fell 4% and 6%, respectively, while Block shares fell nearly 2%. Bitcoin lost more than 1%. However, earlier this month, the digital currency surpassed $100,000 for the first time. Nvidia – The leading AI chip maker's stock added less than 1%, bucking the broader market downtrend and technology sell-off. Shares are up 178% since the start of 2024. — CNBC's Sean Conlon, Alex Haring and Samantha Sobin contributed reporting.
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