Stocks making the biggest moves midday: Kenvue, Caterpillar, Uber, CrowdStrike and more

📆 06/08/2024 18:36:00
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Crowdstrike Holdings Inc Nouvelles

Kenvue Inc,Palantir Technologies Inc,Caterpillar Inc

These are the stocks posting the largest moves midday.

Check out the companies making the biggest moves midday: Kenvue — The maker of Band-Aid bandages rallied 14% after beating analysts' estimates for its second quarter. Kenvue, which spun off from Johnson & Johnson last year, posted adjusted earnings of 32 cents per share, versus the 28 cents expected from analysts polled by FactSet. Revenue was $4 billion, compared to the $3.93 billion consensus estimate.

Analysts polled by FactSet were expecting adjusted earnings of 66 cents on revenues of $290.2 million. Yum China — The stock jumped 11.7%.The Shanghai-based operator behind Pizza Hut and Taco Bell posted second-quarter earnings that beat expectations. However, revenue came in below the consensus estimate. Separately, the fast-food company announced its finance chief is stepping down .

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