Check out the companies making headlines midday Wednesday: Lowe's — Shares of Lowe's rose 1.5 percent after reporting a strong fourth-quarter earnings. However, the company also posted weaker than expected same-store sales. Lowe's cited a weak housing market in Canada as the reason behind its missed sales. Dean Foods — Shares of Dean Foods dropped 15.3 percent after the company announced it was exploring its options. This includes potentially going for a sale.
Imax surged nearly 10 percent after the movie theater operator posted better-than-expected results. Imax reported fourth-quarter earnings of 26 cents per share, beating Refinitiv estimates of 24 cents per share. The company's revenue also surpassed Wall Street forecasts. Palo Alto Networks — Shares of the cybersecurity company rose more than 8 percent after Palo Alto beat estimates on both the top and bottom lines.
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