Stocks making the biggest moves midday: Target, JD.com, Macy's and more

Check out the companies making headlines in midday trading. Target — Shares of the retailer surged 12% on second-quarter results that surpassed Wall Street's expectations. The company maintained its cautious outlook but said sales grew roughly 3%. JD.com — The U.S.-traded shares of the Chinese e-commerce company fell more than 5% after Walmart confirmed that it was selling its stake in the online retailer. Macy's — Shares of the department store sank more than 12%.

Analog Devices — The semiconductor stock gained 2% after Analog Devices' fiscal third-quarter results beat expectations . Adjusted earnings of $1.58 per share exceeded the earnings of $1.51 per share anticipated by analysts polled by FactSet. Revenue of $2.31 billion was above the expected $2.28 billion. Coty — The beauty stock rallied about 6% even after the company posted disappointing results for the fiscal fourth quarter and offered weak guidance for the fiscal 2025 year.

Italia Ultime Notizie, Italia Notizie

Similar News:Puoi anche leggere notizie simili a questa che abbiamo raccolto da altre fonti di notizie.

Stocks making the biggest moves premarket: Target, JD.com, Macy's and moreSeveral retail stocks were making large moves before the opening bell on Wednesday.
Fonte: CNBC - 🏆 12. / 72 Leggi di più »

Piper Sandler pivots to a more bullish stance on US stocks, lifts S&P 500 targetPiper Sandler pivots to a more bullish stance on US stocks, lifts S&P 500 target
Fonte: Investingcom - 🏆 450. / 53 Leggi di più »