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Stocks making the biggest moves midday: Zoom Video, Best Buy, Abercrombie and more
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cnbc.comIn this article
Check out the companies making headlines in midday trading Tusday:
Occidental Petroleum, APA Corp — Energy stocks gained after the White House announced the U.S. will release 50 million barrels of crude from the Strategic Petroleum Reserve. The move is a coordinated release between several countries, including China and Japan. Occidental Petroleum and APA Corp gained more than 6% each.
Dollar Tree — Shares of the discount retailer added 5.5% after the company reported its latest quarterly results. Dollar Tree also said its freight costs for the quarter were much higher than it anticipated, but it still reported a revenue beat.
Best Buy — The electronics retailer saw its shares plummet more than 16% after delivering a holiday
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