Stocks making the biggest moves midday: American Airlines, Starbucks, Peloton and more

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Check out the companies making headlines in midday trading.

AMC Entertainment, Hycroft Mining — The movie theater chain saw its shares dip by less than 1% after announcing it agreed to purchase a roughly 22% stake in a tiny gold and silver miner, Hycroft Mining. The share price of Hycroft Mining, which is less than $2, rallied more than 25%.

Starbucks — Shares of the coffee chain jumped more than 4% after it announced a partnership with Volvo Cars to research the usage and potential scalability of electric vehicle chargers at Starbucks stores nationwide. Meanwhile, Starbucks also unveiled the latest steps it's taking to reduce its disposable cup use.

Delta Air Lines, United Airlines, Southwest Airlines — Shares rose after Delta, United and Southwest said bookings came in ahead of expectations and the recovery in travel demand has been faster than projected. Delta and United added more than 6% each. Southwest gained 2.8%. American Airlines jumped 7.2%.

Coupa Software — Shares plunged about 20% a day after the business software company issued a much weaker-than-expected full-year outlook. However, Coupa beat expectations for profit and revenue results for its most recent quarter.

GitLab — Shares of GitLab rose more than 9% after the development operations platform beat analysts' estimates in the fourth quarter and issued better-than-expected guidance.

Peloton — Shares of the at-home fitness company jumped about 9% after Bernstein initiated coverage of the stock with an «outperform» rating. The analyst mentioned Peloton's healthy underlying business, new management and recent stock price plunge. Her $40 price target implies the stock could nearly double over the next year.

Planet Fitness — Planet Fitness