In this article Check out the companies making headlines in midday trading. PacWest Bancorp — Shares rose 14%. The closely followed regional bank sold around $2.6 billion worth of construction loans to a subsidiary of Kennedy-Wilson Holdings.
DraftKings — Shares of the sports gambling platform soared 8% in midday trading. Earlier on Monday, UBS upgraded the stock to buy from neutral on strong growth in new states.
Zions Bancorporation — The bank stock jumped 6.7% after Hovde Group initiated coverage of Zions at outperform, with a $40 price target, according to FactSet.
That's about 49% upside from where shares closed on Friday. Pfizer — Pfizer shares popped more than 3% after a peer-reviewed study showed an oral drug from Pfizer for weight loss showed similar and faster results than competitor Novo Nordisk's Ozempic.Read more on cnbc.com