Check out the companies making headlines in midday trading: Lilium — U.S.-listed shares fell more than 57% after the German air taxi startup said in a regulatory filing that its two main subsidiaries would file for insolvency , which is when debts cannot be repaid, in the next few days. Shares of Lilium, which is a penny stock, traded around the 25 cent mark Thursday afternoon. Tesla — The stock surged more than 20% following the electric vehicle maker's third-quarter profit beat .
Group — Shares jumped 9% and hit a 52-week high after the commercial real estate firm reported third-quarter adjusted earnings per share and revenue that topped expectations. also upped its full-year adjusted earnings guidance to $4.95 to $5.05 per share, up from $4.70 to $4.90 a share. Analysts polled by FactSet were anticipating full-year adjusted earnings per share of $4.82. Raymond James Financial — Shares rose 7% after the financial services firm posted fiscal fourth-quarter adjusted earnings of $2.95 per share. Analysts polled by FactSet had expected just $2.41 per share. The company's $3.46 billion in revenue was also higher than the estimated $3.
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