Stocks making the biggest moves midday: Xpeng, Nvidia, Blue Bird, Estee Lauder and more

— Shares fell 12% after a weak fiscal fourth-quarter outlook. The electronic design company forecasted adjusted earnings per share in the range of $1.83 to $1.89 with revenue of $1.29 billion to $1.31 billion.

Analysts polled by FactSet, meanwhile, are forecasting an adjusted $2 per share on $1.39 billion in revenue.— The cosmetics company pulled back about 2% after issuing lower-than-expected guidance. The company expects an adjusted loss of 31 cents to 21 cents per share in its fiscal first quarter. Analysts polled by FactSet had estimated earnings of 98 cents per share.

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