How Benzinga’s view on $MOVE changed

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2026-08-31Bearish
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MOVE's recent rally has fully reversed; fundamentals show continued losses and technicals indicate a bearish pattern with key support at $13.75-$14.

move ticker MOVE is Corvex. Corvex shares are trading higher after the company announced a data center expansion at the existing Mid-Atlantic data center and establishing operations at a second existing enterprise scale data center in the Midwest.

Okay, so we got data center news here. Stock is up 30% on pretty good volume as well. Um, actually, let me take a look at that volume. On average, the stock trades 175,000 shares, done just shy of 4 million here today, and that's versus a float of 27 million.

Short interest on this, negligible. Let's see if the insiders were doing anything on this. Nah, not really. They had some option positions, maybe a couple of grants from earlier this year back in July, but no open market buying as we as we uh have seen before.