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Stocks making the biggest moves midday: Costco, Oracle, Peloton and more
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cnbc.comIn this article
Check out the companies making headlines in midday trading Friday:
Costco — Costco shares rose more than 6% after the warehouse retailer posted its latest quarterly numbers a day earlier. The company earned $2.98 per share for its latest quarter on revenue of $50.36 billion. That top-line number surpassed a Refinitiv estimate of $49.6 billion. Costco's earnings per share number was not comparable to a forecast of $2.64 per share.
Oracle — Shares of the software company soared 15.9% in midday trading on the back of better-than-expected quarterly results. With respect to guidance, Oracle called for $1.14 to $1.18 in adjusted fiscal third-quarter earnings per share. Analysts polled by Refinitiv had expected adjusted earnings
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