Stocks making the biggest moves midday: Merck, Moderna, United Airlines and more

Stocks making the biggest moves midday: Merck, Moderna, United Airlines and more

 — Shares surged more than 9% after it announced its . The pharmaceutical company plans to file for emergency use authorization. , — Companies with other Covid-19 drugs fell after Merck's oral pill showed positive data in a clinical trial. Moderna's stock fell nearly 13%, while shares of Regeneron dropped more than 5%. , , , — Airline stocks rallied as Merck's oral Covid drug showed promising results. United Airlines rose nearly 6%, Delta Air Lines gained more than 5% and American Airlines rallied roughly 4%. Southwest Airlines jumped more than 4% as well following an . , , — Travel and entertainment stocks jumped following the positive results from Merck's Covid pill. Penn National Gaming rallied more than 6%, Live Nation Entertainment added about 5%, Hilton Worldwide gained more than 4% and Norwegian Cruise Line rose nearly 4.8%.  — Lordstown Motors saw its stock sink more than 15% after it . Shares of Lordstown Motors had rallied by as much as 21% by Thursday as reports indicated the deal was in the works.  — Zoom and  terminated what would have been a $14.7 billion deal. Five9 shareholders rejected the proposed acquisition by Zoom. Zoom shares