Stocks making the biggest moves midday: Chipotle, Starbucks, Skydance, Marathon Petroleum & more

FT reported Starbucks explored acquiring Chipotle, and the article says Chipotle shares jumped more than 6% on the news.

Likely upward pressure as traders price in deal odds, with downside risk if the story is denied or stalls.

The only CMG-specific catalyst in the text is the reported potential acquisition, tied directly to a same-day share move.

The article says Starbucks explored acquiring Chipotle, and it notes SBUX was last down 5% on the day.

Likely continued volatility, with pressure if investors view the move as value-destructive or execution-risky.

The text provides a same-day direction (down 5%) and frames it around the acquisition exploration.

Energy stocks were boosted after Iran ramped up attacks on tankers, and the article says Marathon Petroleum was last up more than 4%.

Likely upward bias as the market prices in sustained energy supply and logistics risk.

The catalyst is explicitly linked to oil price strength and MPC’s same-session outperformance.

The article groups APA with energy gainers, stating APA was last up more than 4% after oil prices jumped on Iran tanker attacks.

Likely upward pressure while the market maintains a risk premium for oil and shipping through Hormuz.

APA’s move is attributed directly to the same geopolitical trigger and oil price jump.

The article states Chevron jumped more than 2% after oil prices rose due to Iran ramping up attacks on tankers transiting the Strait of Hormuz.

Likely mild upward bias as long as oil remains elevated on geopolitical risk.

CVX is included only via a same-day move tied to the macro/energy shock, with no CVX-specific news.

The article says photonics stocks Coherent lost 5% as investors took a risk-off posture.

Likely continued downside or underperformance if ETF/AI risk sentiment stays weak.

COHR’s move is described as part of a broader risk-off move, not a COHR-specific catalyst.

The article says Lumentum lost 3% as photonics stocks fell during a risk-off posture.

Likely further pressure if the market continues de-risking AI exposure.

No LITE-specific fundamental or news catalyst is provided beyond the sector move.

GlobalFoundries gained nearly 5% after announcing a multiyear $2 billion manufacturing agreement with TSMC to produce silicon interposers.

Likely upward follow-through as investors focus on the scale and timeline of the new manufacturing work.

The text includes a specific agreement size ($2 billion) and start window (first half of 2028), directly tied to GFS’s move.