Stocks making the biggest moves midday: Coinbase, Virgin Galactic and more

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Take a look at the stocks making notable moves on Wednesday, Aug. 11.

– Shares of the luxury outerwear maker dropped over 13% after the firm kept its conservative revenue outlook unchanged amid rising expenses and ongoing Covid disruptions. Canada Goose otherwise reported a stronger-than-expected quarter with an adjusted net loss per diluted share of 45 cents , smaller than the 53 cent loss that analysts were anticipating, according to Refinitiv.— Shares of the fast food chain rose 2.

Analysts surveyed by Refinitiv were expecting 18 cents per share on $462 million in revenue.— Shares of the online fashion marketplace plunged more than 13% despite the company reporting better-than-expected second-quarter financial results. Poshmark posted a loss of 4 cents per share on revenue of $81.8 million versus analysts' estimate of a 6-cents per-share loss on revenue of $80.3 million.

 

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