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Stocks making the biggest moves midday: Coca-Cola, Disney, Deckers Outdoor & more

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These are the stocks posting the largest moves midday.

— Shares of the Irish health care company jumped more than 5% after reporting earnings that beat estimates. Steris reported adjusted fourth-quarter earnings of $1.53 per share, topping a FactSet estimate of $1.43. The company also said it expects fiscal 2020 revenue to range between $2.92 billion and $2.95 billion.— StoneCo rose more than 2% after the Brazilian payments processor reported better-than-expected first-quarter earnings.

The company also announced a $200 million share buyback program that will go into effect in the second quarter of 2019. StoneCo said its active clients increased by 93% compared to the same period last year.— The shoe company's stock recovered after falling more than 1% when an analyst at Piper Jaffray downgraded it to neutral from overweight and trimmed the company's price target to $32 per share from $38. The analyst cited increasing trade tensions between China and the U.S.

 

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