Stocks making the biggest moves midday: Delta Air Lines, SoundHound AI, WD-40, Tesla and more

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These are the stocks posting the largest moves in midday trading.

Check out the companies making headlines in midday trading: Delta Air Lines — The stock fell almost 5% after the airline issued a sales growth forecast for the third quarter that came in below expectations. The company also reported an almost 30% decrease in net income for the second quarter compared to a year ago. Shares of major airline stocks American Airlines and United Airlines also fell around 4.7% and 3.7%, respectively, following the results.

6% after Conagra reported fiscal fourth-quarter revenue of $2.91 billion, which was under the $2.93 billion analysts had predicted, according to FactSet. The company also posted soft guidance and called for annual organic net sales to come in 1.5% lower to flat as compared to last year. Conagra also forecast adjusted earnings for the full year that missed Street expectations.

 

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This week: Consumer prices, Delta Air Lines and bank earningsOn Thursday, the government issues a report on consumer prices in June and Delta Air Lines releases its second-quarter earnings. On Friday, several big banks report their latest results, including JPMorgan Chase, Wells Fargo and Citigroup.
La source: AP - 🏆 728. / 51 Lire la suite »