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Stocks making the biggest moves midday: Walgreens Boots Alliance, Levi Strauss, International Paper and more

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Micron Technology Inc Notizia

Goldman Sachs Group Inc,Arista Networks Inc,Aerovironment Inc

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

Check out the companies making headlines in midday trading. Walgreens Boots Alliance — The stock plummeted more than 24.5% after the retail company reported third-quarter earnings results that missed Wall Street's expectations . The company also announced a cut to its full-year adjusted profit outlook and said it would close stores that are underperforming as a way to cut costs. Shares of CVS fell more than 4% in sympathy. Levi Strauss — The denim maker's stock tumbled 17.

6% after it announced that CEO Gary Friedman completed the purchase of $10 million worth of shares at an average of $216.10 per share. He now owns just more than a quarter of all the company's outstanding shares. Micron Technology — The memory chip stock shed nearly 7% after Micron Technology offered guidance that was roughly in line with expectations. Analysts had been hoping for rosier guidance that topped guidance as AI demand continues to boom.

 

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