Check out the companies making the biggest moves midday: Energy stocks — Shares fell sharply as oil prices sunk more than 12% after Iran opened the Strait of Hormuz for the duration of the ceasefire between Israel and Lebanon. APA Corp. shares declined by more than 9%, while Valero Energy ‘s stock fell more than 8.5%. Occidental Petroleum shares fell more than 7%, while Exxon Mobil was down 5%. Chevron shares declined over 4%. Travel stocks — The group rallied after Iran declared the Strait of Hormuz open to commercial shipping. Royal Caribbean shares popped 9.7%. United Airlines stock also jumped more than 9%. Expedia gained 5%. Critical Metals — Shares jumped more than 40% after Greenland’s government approved the transfer of a 50.5% interest in Tanbreez Mining to Critical Metals. This brings the company’s stake in the rare-earth mine to 92.5%. Strategy — The bitcoin treasury company’s shares gained about 13%. Bitcoin jumped 3% on the day to surpass $77,000, bringing the value of Strategy’s bitcoin holdings back into positive territory and making them profitable. In early February, the flagship cryptocurrency tumbled below Strategy’s average purchase price of $76,052. Autoliv — Shares of the maker of airbags, seat belts and steering wheels jumped 10% after first-quarter earnings per share excluding one-time items of $2.05 topped the Wall Street consensus …
