Stocks making the biggest moves midday: Nvidia, First Republic, Nike, GameStop and more

The logo of NVIDIA as seen at its corporate headquarters in Santa Clara, California, in May of 2022.

Nvidia | via Reuters

Check out the companies making headlines in midday trading.

Nvidia — Nvidia shares gained 1%, building on their recent outperformance. Wall Street analysts lauded the company’s artificial intelligence leadership following its developer conference Tuesday. The chipmaker unveiled a host of new products and partnerships that lifted confidence in its capabilities.

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First Republic Bank — Shares of the regional bank were down nearly 16% on Wednesday. The bank has been exploring different strategic options, including a possible sale, after massive deposit outflows in the wake of the collapse of Silicon Valley Bank.

Nike — Shares of the sportswear…

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