Check out the companies making headlines in midday trading: Abercrombie & Fitch — Shares popped 22% after the apparel retailer posted fiscal first-quarter sales that grew 22% from a year earlier. Abercrombie's profit during the period was nearly seven times compared to the year-ago period and came in ahead of Wall Street's estimates. Netflix — Morgan Stanley reiterated its overweight rating on the streaming stock, leading shares 2% higher.
25 per share expected from analysts polled by LSEG. ConocoPhillips , Marathon Oil — The oil company slipped close to 4% in midday trading following news that ConocoPhillips is acquiring peer Marathon Oil in a $17 billion all-stock deal. Marathon's shares gained almost 8% on the news. HubSpot — The marketing software company added 1.7%.
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