Stocks making the biggest moves midday: Southwest, Peloton, Tesla, Herbalife and more

- Shares of the investment company climbed more than 4% after it released guidance for the fourth quarter.

The company said it expects operating adjusted EBITDA of between $90 million and $100 million for the fourth quarter. That is down from the fourth quarter of 2021 but above some previous quarters this year. B. Riley also said it expected to end the year with more than $2 billion in cash and investments.

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