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Stocks making the biggest moves midday: Cava, Nvidia, Deckers, Block, Taiwan Semiconductor and more

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

Check out the companies making headlines in midday trading. Deckers Outdoor — Shares lost 6.9% after Truist downgraded the footwear company to hold over concerns that demand for core products is declining, noting softened direct-to-consumer trends for Hoka in February. Cava — Shares jumped 4.4% after Argus upgraded the Mediterranean food chain to buy from hold, saying investors should buy the dip. Cava has a "long runway to growth," the firm said.

Shares have fallen more than 21% over the past month since the National Association of Realtors announced a settlement to potentially lower real estate commission rates on March 15. Wednesday's moves came as rates jumped after the latest consumer price index data release. GoodRx Holdings — The telemedicine stock added nearly 2% following an upgrade at KeyBanc to overweight to sector weight.

 

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