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Stocks making the biggest moves midday: JetBlue, Hewlett Packard Enterprise, Tesla, G-III Apparel and more

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Sean Conlon News

Earnings,Wells Fargo & Co,Factset Research Systems Inc

These are some of the stocks posting the largest moves in midday trading Thursday.

Check out the companies making headlines in midday trading: JetBlue Airways — The New York-based airline popped more than 8% after hiking its forward guidance for third-quarter revenue. JetBlue now expects revenue to be in a range of down 2.5% to up 1%, compared to the same period a year ago. Previously, a loss between 5.5% and a loss of 1.5% was expected. G-III Apparel Group — Shares surged 24% after the apparel maker posted second-quarter results that topped estimates.

Verint earned an adjusted 49 cents per share on $210 million in revenue, while analysts polled by LSEG had anticipated 53 cents a share and $213 million in revenue. C3.ai — Shares tumbled 19.2% after the enterprise artificial intelligence company posted weaker-than-expected subscription revenue. In its fiscal first quarter, C3.ai saw $73.5 million in revenue, lower than the $79.2 million forecast by analysts polled by FactSet.

 

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