Stocks making the biggest moves midday: AT&T, Domino's Pizza, eBay & more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 53 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 24%
  • Publisher: 72%

Malaysia News News

Malaysia Malaysia Latest News,Malaysia Malaysia Headlines

These are the stocks posting the largest moves midday Wednesday.

div > div.group > p:first-child"> Domino's Pizza — Shares of Domino's Pizza surged 8.9% on stronger-than-forecast quarterly earnings. The company reported earnings of $2.20, 11 cents higher than a Refinitiv estimate.

Caterpillar — The industrial giant's stock fell 2.5% after CFO Andrew Bonfield told Bloomberg News the company's China sales are being impeded by aggressive price competition. Bonfield's comments overshadowed earnings that topped analyst expectations. Texas Instruments — Texas Instruments rose 2% after posting better than expected first-quarter earnings and revenue. The company reported quarterly profit of $1.26 on revenue of $3.59 billion. Analysts polled by Refinitv expected a profit of $1.13 per share on sales of $3.48 billion. However, Texas Instruments warned that slowdown of microchip demand may persist in upcoming quarters.

Biogen — Biogen's stock dipped nearly 2% after the biotech company halted the trial for its Alzheimer's drug last month, which shocked investors as the drug was expected to be a blockbuster. The news overshadowed stronger-than-expected first-quarter earnings. Biogen reported earnings of $6.98 per share for the first quarter, beating a Refinitiv estimate of $6.87 per share.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in MY
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Cresco - Cresco - Cresco $CRLBF

Malaysia Malaysia Latest News, Malaysia Malaysia Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves midday: Qualcomm, Morgan Stanley, CSX & moreThese are the stocks posting the largest moves midday Wednesday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Tesla, Coca-Cola, Twitter, Verizon, Hasbro & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Twitter, Disney, Coca-Cola, Hasbro & moreThese are the stocks posting the largest moves midday Tuesday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Blackstone, American Express, Honeywell & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Kimberly-Clark, Boeing, Tesla & moreThese are the stocks posting the largest moves midday Monday.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves premarket: Bed Beth & Beyond, Tesla, Boeing, Amazon & moreSome of the names on the move ahead of the open.
Source: CNBC - 🏆 12. / 72 Read more »