Check out the companies making headlines in midday trading Old Dominion Freight Line — Shares of the less-than-truckload freight carrier rose more than 5% after being upgraded to outperform by BMO Capital. The analyst cited an improving backdrop for its business, plus an opportunity brought on by a more than 40% pullback in the stock over the past year. DoorDash — The food delivery stock rose 4% after Sequoia’s Alfred Lin bought more than 514,000 shares, valued at about $100 million. DoorDash shares are up about 14% over the past year, but the stock shed nearly 19% over the past month. Strategy — With the bitcoin proxy already under pressure from falling cryptocurrency prices, shares cratered more than 11% after the company cut its outlook and sold stock to establish as $1.44 billion reserve to grapple with the drop in bitcoin’s value. The company currently owns 650,000 bitcoins, which is valued at $54.84 billion. In October, Strategy anticipated bitcoin would trade around $150,000 at the end of the year. However, the cryptocurrency was last at around $84,585. The company’s new forecast anticipates bitcoin will be between $85,000 and $110,00 this year. Cryptocurrency-linked stocks — Shares of crypto stocks tumbled as bitcoin and ether fell sharply on Monday. Bitcoin was recently down more than 7%, while ether shed 9% of its value. …
