News Formal

Stocks making the biggest moves midday: Intuit, AMD, LegalZoom.com, Baidu and more

  • 📰 CNBC
  • ⏱ Reading Time:
  • 24 sec. here
  • 22 min. at publisher
  • 📊 Quality Score:
  • News: 83%
  • Publisher: 72%

Advanced Micro Devices Inc News

Deckers Outdoor Corp,Intuit Inc,Legalzoom.Com Inc

These are the stocks posting the largest moves in midday trading.

Check out the companies making headlines in midday trading: Intuit — Shares of the TurboTax parent company fell nearly 4% after it said it will slash 1,800 jobs , or about 10% of its workforce, as it boosts investments in artificial intelligence. Intuit said it plans to rehire 1,800 people for engineering, product and consumer-focused roles. LegalZoom.

Mastercard , Visa — The payment card network processors' stocks dropped, with Mastercard losing 3% and Visa sliding 1%. Bank of America downgraded both Mastercard and Visa to neutral from buy. The bank cited limited upside for estimates and their valuation multiples. Manchester United — Shares of the pro football club popped 2.4% after the company posted its third-quarter earnings results for fiscal 2024. Though its revenue for the third quarter came in at 136.

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 US
 

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

United States United States Latest News, United States United States 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 midday: Gilead Sciences, Accenture, Trump Media, AMD and moreThese are the stocks posting the largest moves midday.
Source: CNBC - 🏆 12. / 72 Read more »

Top Penny stocks for 2024: These two should be on your radarPenny stocks, as they are called, are not really stocks that trade under $1 per share.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization planTax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce.
Source: AP - 🏆 728. / 51 Read more »

Tax preparation company Intuit to lay off 1,800 as part of an AI-focused reorganization planTax preparation and financial software company Intuit announced an AI-focused reorganization plan Wednesday that includes laying off about 10% of its workforce.
Source: wjxt4 - 🏆 246. / 63 Read more »