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Stocks making the biggest moves midday: Dollar General, Affirm, Best Buy and more

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Victoria's Secret & Co,Affirm Holdings Inc,Dollar General Corp

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

Check out the companies making headlines in midday trading. Dollar General – The discount retailer's shares tumbled nearly 30% after the company slashed its sales and profit guidance for the full year. Dollar General CEO Todd Vasos said the softer sales trends are partially attributable to a core customer who feels "financially constrained." The retailer also reported disappointing results for the fiscal second quarter.

Pure Storage – Shares of the data storage company plunged 13%. Pure Storage issued third-quarter operating income guidance that was below analysts' estimates. For the current period, Pure Storage expects operating income to come in at $140 million, while analysts polled by FactSet estimated $148.1 million. Nvidia – Shares slid more than 3% despite the chip giant beating the Street's expectations for the fiscal second quarter .

 

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Fonte: CNBC - 🏆 12. / 72 Consulte Mais informação »