Stocks making the biggest moves midday: Warner Bros. Discovery, AppLovin, Wolfspeed, Lyft and more

Check out the companies making headlines in midday trading. Dutch Bros — The stock popped more than 32% following the coffee chain's better-than-expected third-quarter results. Dutch Bros earned 16 cents per share on revenue of $338 million for the period, while analysts surveyed by LSEG had penciled in 12 cents per share and $325 million in revenue.

The company called for a range of $865 million to $875 million in revenue for the fourth quarter, coming out below the forecast $905.1 million from analysts polled by FactSet. Arm Holdings — The semiconductor company gained 5.5% after its quarter results beat estimates. Arm posted adjusted earnings per share of 30 cents on revenue of $844 million for the second quarter. Analysts polled by LSEG forecast a profit of 26 cents per share and revenue of $808 million.

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.

Here’s what analysts will be looking at when Warner Bros. Discovery reports earningsHere’s what analysts will be looking at when Warner Bros. Discovery reports earnings
Source: Investingcom - 🏆 450. / 53 Read more »