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Check out the companies making headlines in midday trading.
Activision Blizzard — The video game company tumbled more than 15% despite reporting better-than-expected quarterly earnings of 72 cents per share, compared to analysts' estimates of 70 cents. It also reported revenue of $1.88 billion, right in line with analysts' expectations.
Zillow — Shares of the digital real estate company tanked 23% after the company said on Tuesday that it's shuttering its homebuying unit, called Offers. Zillow is also eliminating 25% of its workforce as it exits that business. Zillow also missed on the top and bottom lines of its quarterly results.
Bed Bath & Beyond — Shares of the home furnishings retailer continued their rally, jumping
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