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Stocks making the biggest moves midday: Starbucks, Twitter, Alphabet, Goodyear Tire & more

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These are the stocks posting the largest moves midday.

— AbbVie ticked up 2% after the biopharmaceutical company reported higher-than-expected second-quarter earnings and upped its forecast for full-year profit. The company reported adjusted earnings per share of $2.26 on revenues of $8.26 billion. Analysts had expected earnings per share of $2.21 on revenues of $8.1 billion, according to Refinitiv. AbbVie hiked its full-year earnings guidance to a range of $8.82 to $8.92 per share.

Abbvie had previously expected 2019 earnings to range between $8.73 and $8.83. CEO Richard Gonzalez said the company's plan to acquire drugmaker Allergan will provide "scale and diversity" to the business.— The tire maker's stock dropped more than 7% after reporting weaker-than-expected results for the second quarter. Goodyear reported earnings per share of 25 cents on $3.632 billion in revenue.

 

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