Stocks making the biggest moves midday: Splunk, Cisco, Broadcom, Fox and more

— The homebuilder stock slid 3% after saying it expected its gross housing margin to shrink in the current quarter.

KB Home posted its fiscal third quarter report Wednesday evening, reporting earnings of $1.80 per share on revenue of $1.59 billion. Analysts polled by LSEG called for earnings of $1.43 per share and revenue of $1.48 billion.

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:

NBCPhiladelphia /  🏆 569. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

These Stocks Are Moving the Most Today: Splunk, Cisco, Broadcom, FedEx, KB Home, Klaviyo, and MoreCisco will buy Splunk in deal valued at $28 billion, FedEx reports better-than-expected fiscal first-quarter earnings, and Klaviyo shares decline after the...
Read more »

Splunk's stock soars on Cisco takeover, FedEx lifted by improved outlook and more companies on the moveSplunk, Cisco, FedEx, CrowdStrike and KB Home shares were active.
Read more »

Cisco acquiring cybersecurity company Splunk in cash deal worth $28 billionCisco said it was acquiring cybersecurity software company Splunk for $157 a share in a cash deal worth about $28 billion.
Read more »