Stocks making the biggest moves midday: Tapestry, Capri, L3Harris Technologies and more

Check out the companies making headlines in midday trading. Tapestry , Capri – Shares of Tapestry rallied more than 14%, while Capri's stock tumbled 47%. The sharp moves come after a judge ruled in favor of the Federal Trade Commission's case to block Tapestry's acquisition of Capri . L3Harris Technologies — Shares rose 3.5% after the defense company reported a top- and bottom-line beat in the third quarter.

The company also narrowed its guidance for core funds from operations in the full year, calling for $6.65 to $6.75 per share. Analysts polled by FactSet had expected $6.69 per share. Coursera — Shares of the online course provider declined around 8%. The company called for fourth-quarter revenues of $174 million to $178 million, versus the $174 million anticipated by the Street, per LSEG. Management cited weak demand and retention trends.

México Últimas Noticias, México Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

Judge blocks Coach owner Tapestry's proposed acquisition of Michael Kors parent CapriThe owners of Coach and Michael Kors, Tapestry and Capri, saw their proposed merger blocked after the FTC sued to stop the deal.
Fuente: NBCLA - 🏆 319. / 59 Leer más »

FTC Blocks Tapestry’s $8.5B Acquisition of CapriThe government’s court victory pauses the deal, which was set to put Michael Kors, Coach and Kate Spade under the same corporate umbrella.
Fuente: wwd - 🏆 24. / 68 Leer más »

Capri plunges after US Judge blocks $8.5B merger deal with TapestryCapri plunges after US Judge blocks $8.5B merger deal with Tapestry
Fuente: Investingcom - 🏆 450. / 53 Leer más »

Earnings ahead, Tapestry-Capri deal blocked - what's moving marketsEarnings ahead, Tapestry-Capri deal blocked - what's moving markets
Fuente: Investingcom - 🏆 450. / 53 Leer más »