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Stocks making the biggest moves midday: HP, Box, Brown-Forman, Insulet and more

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

— The cloud storage stock tumbled nearly 9%. On Tuesday, the company delivered weak guidance for the current quarter. Box anticipates third-quarter earnings of 37 cents to 38 cents per share, while analysts polled by FactSet called for 39 cents per share. Full-year revenue guidance was also softer than expected.– The semiconductor stock sank 17% on weak third-quarter guidance. Late Tuesday, Ambarella said it expects revenue of $50 million in the current quarter.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weekly— Shares added 3.7% after the Calvin Klein parent reported an earnings beat late Tuesday. PVH's adjusted earnings per share for the second quarter was $1.98, versus the consensus estimate of $1.76, per Refinitiv. Revenue came in at $2.21 billion, versus the $2.19 billion expected. The company also raised its earnings outlook for the year and reaffirmed its full-year revenue guidance.

 

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