Stocks making the biggest moves midday: Virgin Galactic, iRobot, Cava, SoFi and more

— Humana shares declined 3.6%. The company reaffirmed its full-year insurance segment benefit expense ratio guidance, between 86.3% and 87.3%, though it expects it will be at the top end of this outlook. The company cited higher-than-expected "non-inpatient utilization trends," including emergency room, outpatient surgeries and dental services as a driver of this forecast.

— Shares fell 1.6% after Odeon Capital Group downgraded Truist Financial to hold from buy, according to FactSet.

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Virgin Galactic, Adobe and Squarespace climb, along with other moving stocksVirgin Galactic, Cava, Squarespace, Adobe and Enovix were among the stocks most active ahead of Friday's market open.
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Cava IPO could spice up restaurant stocks, initial share price almost doublesCava is expected to launch its IPO this week, marking just the 10th company to go public in 2023, potentially giving a boost to other restaurant stocks.
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