Stocks making the biggest moves midday: GameStop, Vail Resorts, DocuSign, Skechers and more

Check out the companies making the biggest moves midday: GameStop — The meme stock plunged more than 28% after the video game retailer posted an abysmal earnings report . Net sales of $881.8 million for the first quarter marked a 29% decline from a year prior. The company also said it would sell additional stock. Meme stock trader "Roaring Kitty" was set to kick off his livestream at noon ET , which could move the stock even more.

DocuSign also guided for fiscal second-quarter revenue between $725 million and $729 million, versus the $726 million consensus estimate, per LSEG. In addition, the company authorized a $1 billion stock buyback. Planet Labs — The stock gained 9.3% after first-quarter results beat expectations. The provider of satellite imagery reported an adjusted loss of 5 cents per share and $60.4 million in revenue.

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