Stocks making the biggest moves midday: Netflix, M&T Bank, Baker Hughes, IBM & more

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Stocks making the biggest moves midday: Netflix, M&T Bank, Baker Hughes, IBM & more
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These are the stocks posting the largest moves in midday trading.

— Shares for the advertising company spiked more than 5% after Omnicom topped earnings expectations on Tuesday despite taking a hit to its investment in Russian businesses. Omnicom reported earnings of $1.39 per share and revenues of $3.41 billion. In comparison, analysts surveyed by FactSet were forecasting earnings of 1.30 per share and $3.286 billion.— The oilfield services stock slid more than 5% after Baker Hughes missed estimates for the first quarter.

— Shares for the semiconductor equipment maker jumped 2.7% after ASML reported an earnings beat for its most recent quarter. Strong demand from chip makers to boost production supported the company.

 

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