Check out the companies making headlines in midday trading. Pinterest — Shares of the image-sharing social media platform soared 18% on Tuesday, a day after the firm's third-quarter earnings report beat expectations for earnings and revenue. Pinterest also eased concerns over potential ad revenue loss due to the Israel-Hamas war, saying some of the advertisers that had initially paused spending have already returned. Anheuser-Busch — The beer maker climbed 4.
Chegg — Shares of the educational technology stock tumbled 15% on Tuesday, despite beating expectations for the third quarter and offering strong current-quarter guidance a day earlier. Chegg saw 18 cents earned per share, excluding items, on $158 million in revenue, while analysts polled by LSEG anticipated 17 cents and $152 million. The company also gave a solid V.F. Corporation — The apparel and footwear stock dropped 13% a day after V.F.
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