News Formal

Stocks making the biggest moves midday: Eli Lilly, 3M, PayPal, Tesla and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 34 min. at publisher
  • 📊 Quality Score:
  • News: 125%
  • Publisher: 72%

Recessions And Depressions News

Currency Pegging,Central Banking,Monetary Policy

These were some of the stocks making the largest moves in trading on Tuesday.

Check out the companies making headlines in midday trading. Eli Lilly — Shares added 5% after Eli Lilly, maker of the Mounjaro diabetes and weight loss drug, beat analysts' expectations for first-quarter adjusted earnings. The Indianapolis-based drugmaker also lifted its full-year guidance for adjusted earnings and revenue. 3M — Shares jumped 4% after the maker of industrial products and adhesives posted earnings of $2.39 per share on revenue of $7.

Current-quarter revenue is expected to come in higher than analysts anticipate. Amkor Technology — The semiconductor packaging company climbed nearly 7% after earnings and revenue topped analyst estimates. Earnings of 24 cents per share on $1.37 billion in revenue exceeded consensus forecasts of 11 cents and $1.36 billion, according to FactSet. Second quarter earnings and revenue guidance also topped expectations. Sysco — The wholesale restaurant supplier slipped 2.

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 CA
 

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

Canada Canada Latest News, Canada Canada 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 premarket moves: Eli Lilly, Travelers, United Airlines, Alcoa and moreThese are the stocks posting the largest moves in the premarket.
Source: CNBC - 🏆 12. / 72 Read more »

Eli Lilly’s weight loss drug Zepbound found to reduce sleep apnea, company saysBerkeley Lovelace Jr. is a health and medical reporter for NBC News. He covers the Food and Drug Administration, with a special focus on Covid vaccines, prescription drug pricing and health care. He previously covered the biotech and pharmaceutical industry with CNBC.
Source: NBCNewsHealth - 🏆 707. / 51 Read more »