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Stocks making the biggest moves midday: Deutsche Bank, Nielsen, Movado & more

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These are the stocks posting the largest moves midday Thursday.

div > div.group > p:first-child"> Movado Group — The luxury watchmarker's stock rose more than 17 percent on fourth-quarter results that topped Wall Street estimates. Movado posted a profit of 67 cents a share on revenue of $199.4 million. Analysts expected a profit of 55 cents a share on sales of $194 million, according to FactSet.

Five Below — Five Below shares jumped over 6 percent in midday trading after the discount store company reported stronger-than-expected fourth quarter earnings. The company reported earnings per share of $1.59, exceeding a Refinitiv estimate of $1.58. Revenue clocked in at $602.7 million, while analysts expected $601.5 million.

Deutsche Bank — Deutsche Bank shares dipped 3 percent in midday trading on Thursday after The Financial Times reported the company was raising as much as 10 billion euro for a possible merger with Commerzbank. Tricida — Shares of Tricida surged 36.48 percent after the pharmaceutical company reported positive results from a clinical trial for its drug, Veverimer. The medication is designed to treat metabolic acidosis in patients with chronic kidney disease. The company also reported a narrower-than-expected loss.

 

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Deutsche Bank - Strong buy!

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