News Formal

Stocks making the biggest moves midday: Reddit, Super Micro Computer, Intuit and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 25 sec. here
  • 20 min. at publisher
  • 📊 Quality Score:
  • News: 76%
  • Publisher: 72%

Regwall-Marketmovers News

Markets,Market Insider,Stock Markets

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

Check out the companies making headlines in midday trading: Elastic — Shares surged about 15% after the software company topped Wall Street's expectations for its fiscal second-quarter results. Elastic posted adjusted earnings of 59 cents per share on revenue of $365 million. Meanwhile, analysts surveyed by LSEG expected it to earn 38 cents per share on revenue of $357 million.

Intuit's results beat Wall Street expectations on the top and bottom lines, according to LSEG, but the company said it expects a revenue decline in its consumer group during the second quarter. Intuit also reiterated its full-year guidance. Ross Stores — Shares moved 3% higher after the department store chain reported third-quarter earnings of $1.48 per share, topping the $1.40 expected from analysts polled by LSEG. Its revenue, however, fell short of the consensus estimate.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in BUSİNESS
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Business Business Latest News, Business Business Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves midday: Reddit, Super Micro Computer, Garmin, Snap and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Super Micro Computer, Tesla, Coinbase, Planet Fitness and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Peloton, Super Micro Computer, Robinhood, Estee Lauder and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Walmart, Lowe's, Super Micro Computer, BioNTech and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »