These are the stocks posting the largest moves in midday trading.
Check out the companies making headlines in midday trading: GameStop — Shares tumbled 25% after the video game retailer said it plans to sell up to 45 million class A common shares in an at-the-market offering. The sale comes after GameStop shares surged earlier this week in a brief revival of the meme-stock trade. The company on Friday also reported preliminary results that showed a drop in first-quarter sales. GameStop is up only 16% this week.
Globant said to expect adjusted earnings between $1.47 and $1.52 per share and a range of $585 million to $589 million in revenue for the second quarter. Analysts polled by FactSet forecast earnings of $1.57 a share and $590.2 million. Cracker Barrel Old Country Store — Shares of the restaurant chain tumbled 12% on the back of its dividend cut to 25 cents per share from $1.30. The decrease was made to support the company's strategic plan . DXC Technology — The IT stock dove 16%.
Take-Two Interactive Software Inc Gamestop Corp Robinhood Markets Inc NVIDIA Corp Microsoft Corp Advanced Micro Devices Inc Dupont De Nemours Inc JD.Com Inc JD.Com Inc Factset Research Systems Inc Dividends Coinbase Global Inc DXC Technology Co Cracker Barrel Old Country Store Inc Earnings Globant SA Globant SA Doximity Inc Snowflake Inc. Reddit Inc Market Insider Markets Economy Stock Markets Breaking News: Markets Business Regwall-Marketmovers Business News
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