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Stocks making the biggest moves midday: Home Depot, Robinhood, SoFi and more
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cnbc.comIn this article
Check out the companies making headlines in midday trading.
Home Depot — Shares of Home Depot jumped more than 5% after the home improvement retailer beat on earnings. The company reported earnings of $3.92 per share on revenue of $36.82 billion. Analysts expected earnings of $3.40 on revenue of $35.01 billion, according to Refinitiv.
Robinhood — Shares of the stock trading app ticked 4.6% lower in midday trading after Atlantic Equities downgraded Robinhood to neutral from buy, saying in a note to clients that there is little reason for shares to rebound in the coming months with such inconsistent growth.
SoFi Technologies — Shares of the fintech company dropped more than 5% in midday trading after announcing a secondary
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