Stocks making the biggest moves midday: Adobe, Jabil, Six Flags, Energizer & more

— La-Z-Boy shares surged more than 8% as traders shrugged off concerns over the impact of U.S. tariffs on Chinese goods on the furniture maker's bottom line. The company said in its latest quarterly report that additional U.S. tariffs on Chinese products would increase the cost of raw materials, which would force it to raise prices.— Rio Tinto's U.S.-listed shares slid 4.6% after the company cut its iron ore production guidance.

—Allergan shares rose 4.3% after the pharmaceutical company reported positive trial results for Linzess, a drug aimed a treating irritable bowel syndrome.

LZB

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.

Stocks making the biggest moves after hours: Adobe, US Steel, and moreSee which stocks are posting big moves after the bell on June 18. 🎈🎈🎈🎈
Source: CNBC - 🏆 12. / 72 Read more »

Social-media stocks, telecom shares lead stock market to narrow win ahead of Fed meetingU.S. stocks eked out modest to slight gains on Monday, powered by a climb in shares of technology-related and communication services shares. The Dow Jones...
Source: MarketWatch - 🏆 3. / 97 Read more »

Adobe looks cheap to trade ahead of earningsAs cloud software giant Adobe prepares to issue its earnings report, traders have their eyes on the stock's implied move. OptionsAction Gotta be cheaper than a Creative Cloud subscription.
Source: CNBC - 🏆 12. / 72 Read more »