These are the stocks posting the largest moves midday.
— The fashion accessory company's stock jumped 5.7% after announcing a smaller-than-forecast loss for the second quarter. Fossil reported a loss of 4 cents per share. Analysts polled by Refinitiv expected a loss of 5 cents a share. CEO Kosta Kartsotis said the company's sales performance "improved sequentially from the first quarter" across all regions. The stock has since reversed and was last seen trading 1% lower.
— Shares of the cosmetics company surged 9% after the company's quarterly results topped analyst expectations. E.l.f. posted an adjusted profit of 14 cents a share on $59.8 million in revenue. Analysts polled by Refinitiv expected a profit of 7 cents per share on sales of $54.9 million. CEO Tarang Amin said the company's "strategic imperatives" have "driven improvements in productivity within our national retail partners.
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