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Stocks making the biggest moves midday: Datadog, Re/Max, Planet Fitness, Tripadvisor and more

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These are the stocks posting the largest moves midday.

Here are some of the companies making the biggest moves in midday trading: Datadog — The cloud stock soared nearly 30% after the company reported a third-quarter earnings and revenue beat before the bell. Adjusted earnings per share came in at 45 cents, versus the 34 cents expected from analysts polled by StreetAccount. Revenue was $547.5 million, topping the $524.7 million expected.

Biomarin Pharmaceutica l — Shares added 12% after Reuters reported activist investor Elliott Investment Management built a stake in the pharmaceutical company, citing two people familiar with the matter. The hedge fund has been talking with Biomarin Pharmaceutical "for months" about its future, Reuters said. Sanmina — Shares slipped nearly 14% after the electronics manufacturer missed on earnings and revenue and offered weak guidance.

 

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