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Stocks making the biggest moves midday: UnitedHealth, SolarEdge, Bank of America, Tesla and more

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These are some of the stocks posting the largest moves in midday trading.

Check out the companies making headlines in midday trading. UnitedHealth — Shares climbed more than 6%, single-handedly pushing the Dow Jones Industrial Average higher on Tuesday. UnitedHealth posted better-than-expected first-quarter revenue and reaffirmed its full-year earnings forecast of $27.50 to $28 per share ex items. Analysts polled by FactSet forecast $27.50. Johnson & Johnson — The drugmaker slipped 2% despite beating first-quarter profit estimates and reporting in-line revenue.

Morgan Stanley — Shares gained nearly 4% on the heels of better-than-expected first-quarter results that saw in the investment bank's wealth management, trading and advisory businesses top forecasts. The firm also surpassed analysts' earnings and revenue estimates. Tesla — The electric vehicle maker pulled back more than 2%, adding to Monday's losses, after Tesla said it would lay off 10% of its workforce, or roughly 14,000 employees.

 

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