Stocks making the biggest moves midday: Splunk, Cisco, Broadcom, Fox and more

— The homebuilder stock slid 3% after saying it expected its gross housing margin to shrink in the current quarter.

KB Home posted its fiscal third quarter report Wednesday evening, reporting earnings of $1.80 per share on revenue of $1.59 billion. Analysts polled by LSEG called for earnings of $1.43 per share and revenue of $1.48 billion.

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