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Showing posts with the label Stocks biggest Moves Midday.

Stocks Biggest Moves Midday | Friday, June 17, 2022:

  Source: cnbc.com Stocks making the biggest moves midday: Seagen, Moderna, Utz, Kroger and more Sarah Min 3 minutes Check out the companies making headlines in midday trading Friday. Seagen — Shares of the biotech company surged more than 16.1% following a Wall Street Journal report that pharmaceutical company Merck is considering buying Seagen. The report, citing people familiar with the matter, said the two companies have been in discussions for a while about a potential deal. Azek — The building products company rose more than 6% after Bank of America upgraded the stock to buy from neutral, saying Azek is "well positioned" as more products convert to "more resilient" materials from wood. Utz — Shares of the snack food company jumped more than 3% after Goldman Sachs upgraded Utz to buy from neutral . The investment firm said in a note to clients that Utz was gaining market

Stocks Biggest Moves Midday | Friday, May 20, 2022:

 Source: cnbc.com Stocks making the biggest moves midday: Deere, Foot Locker, Palo Alto Networks and more Samantha Subin 3-4 minutes Check out the companies making headlines in midday trading. Deere — The stock plummeted 11.4% after Deere reported a miss on revenue but a beat on profit in the recent quarter. The equipment maker reported earnings per share of $6.81 on revenues of $12.03 billion. Analysts expected $6.71 per share on $13.2 billion in revenue. Palo Alto Networks — Shares of the cybersecurity company jumped 7.4% after it beat analyst estimates on the top-and-bottom lines in the recent quarter and raised its outlook for the current quarter. Ross Stores – Shares of the discount retailer slid 21% after the company posted  weaker-than-expected earnings and revenue  for its latest quarter and issued weak financial guidance due to inflationary pressures and other macroeconomic conditions. Applied Materi

Stocks Biggest Moves Midday | Wednesday 18, 2022:

 Source: cnbc.com Stocks making the biggest moves midday: Target, Lowe's, TJX and more Hannah Miao 3 minutes Check out the companies making headlines in midday trading. Target – Shares plunged 25.6% after the retailer reported disappointing quarterly results , citing high fuel costs and inventory troubles. Target posted an adjusted quarterly profit of $2.19 per share, below the $3.07 Refinitiv consensus estimate. The big-box retailer reported lower-than-expected sales of discretionary products. Walmart – Walmart dropped 7%, falling for a second session after suffering its worst one-day loss since 1987 on Tuesday. Target's quarterly report echoed similar inflationary challenges Walmart reported in its disappointing first-quarter report Tuesday. Lowe's  – The home improvement retailer's shares fell 6.3% on the back of weaker-than-expected revenue for the first quarter . Lowe's posted revenu

Stocks Biggest Moves Midday | Tuesday, April 26, 2022:

 Source: cnbc.com Stocks making the biggest moves midday: General Electric, Warner Bros. Discovery, UPS, 3M and more Tanaya Macheel 4-5 minutes A General Electric (GE) sign is seen at the second China International Import Expo (CIIE) in Shanghai, China November 6, 2019. Aly Song | Reuters Check out the companies making headlines in midday trading. General Electric — Shares slid more than 11% despite the industrial company reporting top and bottom line beats for the first quarter. CEO Lawrence Culp said GE is "trending toward the low end" of its guidance due in part to inflation pressure. Additionally, pressures from supply chain issues, the war in Ukraine and the spread of Covid hurt GE's revenue by six percentage points, Culp said. Sherwin-Williams — Shares of the paint company jumped more than 9% after the company beat Wall Street estimates for its first-quarter earnings. Sherwin-Williams pos

Stocks Biggest Moves Midday | Thursday, April 21, 2022:

 Source: cnbc.com Stocks making the biggest moves midday: United Airlines, AT&T, Tesla and more Hannah Miao 3-4 minutes A United Airlines Holdings Inc. Boeing 777-200 aircraft on the tarmac at San Francisco International Airport (SFO) in San Francisco, California, U.S., on Thursday, Oct. 15, 2020. David Paul Morris | Bloomberg | Getty Images Check out the companies making headlines in midday trading Thursday. United Airlines – Shares of the airline surged 10.5% after the company said it expects to return to profitability in 2022 as travel bounces back. United cited a strong increase in bookings and a willingness for passengers to pay more to travel for its upbeat guidance. American Airlines – Shares of the country's biggest airline jumped 4.3% after the company forecast a second-quarter pretax profit as strong bookings help it cover soaring fuel costs. American said March was the first month since t

Stocks Biggest Moves Midday | Monday, April 18, 2022:

Source: cnbc.com Stocks making the biggest moves midday: Twitter, Bank of America, Charles Schwab and more Hannah Miao 3-4 minutes In this photo illustration, the Twitter logo is displayed on the screen of an iPhone in front of a computer screen displaying Twitter logos. Chesnot | Getty Images Check out the companies making headlines in midday trading. Twitter — Shares rose 3.4% after Twitter announced Friday that the board adopted a limited duration shareholder rights plan, often referred to as a  "poison pill."  The move comes after billionaire Elon Musk  offered to buy the company for $43 billion . Bank of America — Shares for the investment bank jumped more than 3% after Bank of America reported an earnings beat on Monday. Bank of America topped expectations in the first quarter with earnings of 80 cents per share and $23.33 billion in revenue, helped by strength in consumer lending. Analysts s

Stocks Biggest Moves MIdday on Friday January 28, 2022:

 Source: cnbc.com Stocks making the biggest moves midday: Apple, Robinhood, Visa, Chevron and more Tanaya Macheel 3-4 minutes Logo on an Apple store is seen in Arlington, Virginia, January 27, 2022. Joshua Roberts | Reuters Check out the companies making headlines in midday trading. Apple — Shares of the tech giant jumped more than 5% following a strong quarterly report that showed  its largest single quarter in terms of revenue ever.  Apple beat analyst estimates for sales in every product category except iPads. Sales grew more than 11% despite supply challenges and the lingering effects of the pandemic. Robinhood — The stock trading app rose 7% in midday trading, after being down more than 14% earlier in the session. Robinhood gave disappointing first-quarter guidance during its earnings report but also said it is investing heavily in product development. Visa — The payments giant got a nearly 8% jump in its

Stocks biggest Moves Midday

  cnbc.com Stocks making the biggest moves midday: GameStop, AMC Entertainment, Harley-Davidson and more Maggie Fitzgerald 4-5 minutes A medical worker wearing a mask walks near the AMC movie theater in Times Square amid the coronavirus pandemic on May 7, 2020 in New York City. Check out the companies making headlines in midday trading. GameStop —Shares of the video game retailer swooned more than 50% in midday trading to trade around $110 a share as the speculative trading that had catapulted the stock higher last week appeared to be nearing its end. At their current price, GameStop shares are down 65% so far this week having erased the majority of last week's 399% rally. The stock closed down 30% on Monday. AMC Entertainment — Shares of the brick-and-mortar retailer were down 40% on Tuesday as the retail trading frenzy appeared to fizzle in the name. After rallying 300% in a short squeeze last