News Formal

Stocks making the biggest moves midday: Peloton, Lam Research, Lowe's, AstraZeneca and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 26 sec. here
  • 27 min. at publisher
  • 📊 Quality Score:
  • News: 101%
  • Publisher: 72%

Regwall-Marketmovers News

Market Insider,Markets,Economy

These are the stocks posting the largest moves midday.

Check out the companies making the biggest moves midday: Peloton — The stock plunged 14% following the connected fitness company's announcement it will begin a "global refinancing" process that includes a convertible notes offering and a $1 billion five-year term loan. Peloton, which recently announced a restructuring plan , has struggled with falling sales. Lam Research — Shares added 2.

Toast — Shares fell more than 3% following a downgrade at Baird to neutral. The firm thinks the restaurant software firm may be overvalued after its 43% jump in 2024. Palo Alto Networks — The cybersecurity stock dropped 3% after issuing in-line guidance for the current quarter. Palo Alto Networks topped estimates for its fiscal third quarter but said it expects fourth-quarter billings to range between $3.43 billion and $3.48 billion. Analysts polled by FactSet expected $3.45 billion in billings.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 12. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Stocks making the biggest moves premarket: Macy's, Lowe's, Peloton, Zoom Video and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest moves midday: Apple, Peloton, Wayfair, Carvana and moreThese are the stocks posting the largest moves in midday trading.
Source: CNBC - 🏆 12. / 72 Read more »

Stocks making the biggest premarket moves: Peloton, Carvana, Cigna, Qualcomm and moreThese are some of the stocks posting the largest moves in the premarket.
Source: CNBC - 🏆 12. / 72 Read more »

Wolfe Research says to play enduring inflation through energy stocks — these 2 in particularWolfe's top picks are the oilfield services company Haliburton and the natural gas producer EQT Corp.
Source: CNBC - 🏆 12. / 72 Read more »

How to Research Stocks: A Step by Step GuideResearching stocks encompasses several steps and includes multiple considerations so that investors can make decisions that will help to meet their goals and desired strategy.
Source: DailyFX - 🏆 305. / 63 Read more »