Stocks making the biggest moves midday: Broadcom, Signet, Dave & Buster's and more

Check out the companies making headlines in midday trading. Broadcom – Shares of the chipmaker surged around 12% after the company beat earnings and revenue estimates for the fiscal second quarter and announced a 10-for-1 stock split. Adjusted earnings per share came in at $10.96 and revenue was $12.49 billion. Analysts polled by LSEG expected earnings of $10.84 per share and revenue of $12.03 billion.

Kimberly-Clark – Shares of the Huggies and Kleenex maker advanced around 3% after Bank of America gave the stock a double upgrade to buy and raised its price target. The consumer packaged goods company is facing structural changes ahead, according to Bank of America. Ford Motor – Shares dipped 1% after the automaker ended an expensive electric vehicle dealership program that required U.S. dealers to invest upward of $1 million to sell the automobiles.

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 moves before the bell: Tesla, Broadcom, Dave & Buster's and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

The outlook on gold and gold stocks into the summer is looking strong, according to the chartsDave Keller looks at gold stocks as the metal outperforms major equity markets this year.
Source: CNBC - 🏆 12. / 72 Read more »

Thursday's analyst calls: Street reacts to Broadcom earnings, Microsoft a top pickA semiconductor maker and a tech giant were among the stocks being talked about by analysts on Thursday.
Source: CNBC - 🏆 12. / 72 Read more »