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Stocks making the biggest moves midday: CVS, Lucid, Southwest Airlines, Boeing, GameStop and more
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cnbc.comIn this article
Check out the companies making headlines in midday trading.
CVS — Shares of the drugstore chain jumped 3.8% to hit a 52-week high after the company said sales will accelerate in the year ahead. CVS will launch new health-care services and combine its drugstores and insurance businesses.
Hormel Foods — Shares of Hormel rose 5.7% after the food producer beat quarterly earnings estimates. The company posted a quarterly profit of 51 cents per share, one cent above the Refinitiv consensus projection. Revenue also topped Wall Street expectations.
RH – The home-furnishings retailer RH soared jumped 9.6% after it reported blowout earnings and revenue that beat forecasts. The company also lifted the low end of its revenue outlook.
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