Stocks making the biggest moves midday: Nordstrom, Dell, SolarEdge Technologies and more

Check out the companies making headlines in midday trading. Nordstrom -- The retail stock fell 10% after CEO Erik Nordstrom said that the company has seen a slowdown in sales, starting in late October. Nordstrom's third-quarter revenue of $3.46 billion did come in above the $3.35 billion LSEG consensus. HP – Shares of the PC maker shed 13% and headed for their worst session since 2020 on weaker-than-expected earnings guidance.

CEO George Kurtz said on an analyst call that the company expects net new annual recurring revenue to pick up in the back half of 2025, which may be further away than some investors were expecting. Ambarella – Shares advanced 5.6% after the semiconductor design company gave an upbeat outlook for the fourth quarter. Ambarella is looking for revenue to come in between $76 million and $80 million, while analysts surveyed by LSEG had anticipated $69 million.

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