Check out the companies making headlines in midday trading. Crocs — Shares of the footwear company gained nearly 2% following an upgrade to buy at Williams Trading. The investment firm said Crocs' addition of actress Sydney Sweeney as a spokesperson for its Heydude brand could reverse previously negative sales trends. Nordson — The adhesives stock added 2% after posting a fiscal third-quarter earnings beat. Nordson reported per-share adjusted earnings of $2.
Peloton — Shares rallied 34% after the connected fitness company posted a rise in sales for the first time in nine quarters as it implements its turnaround plan. Peloton posted a smaller-than-expected loss of 8 cents per share. Advance Auto Parts — The automotive parts retailer fell 16% after reporting second-quarter earnings of 75 cents per share, while analysts polled by FactSet had anticipated per-share earnings of 93 cents. The company also lowered its full-year guidance.
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Source: CNBC - 🏆 12. / 72 Read more »