These are the stocks posting the largest moves in midday trading.
Check out the companies making headlines in midday trading. Victoria's Secret — Shares dropped 3.5% after Goldman Sachs initiated coverage of the stock with a sell rating, saying it sees a "tough macro and ongoing competitive pressure" for the lingerie company in the near term. Longer term, the firm is constructive on the company's loyalty initiatives and renewed merchandise focus. Meta Platforms — The Facebook-parent company plunged more than 11%.
42 billion. Management warned that Boeing's airplane delays would pressure its growth into 2025 and lowered growth guidance accordingly. ServiceNow — The digital workflow firm slid 5% after it only narrowly beat analysts' revenue expectations in the first quarter. ServiceNow posted revenue of $2.6 billion, slightly higher than the $2.59 billion analysts polled by LSEG had anticipated. Adjusted earnings surpassed estimates as well.
Amazon.Com Inc Alphabet Class C Alphabet Inc Microsoft Corp Comcast Corp Caterpillar Inc NVIDIA Corp Monster Beverage Corp Chipotle Mexican Grill Inc Southwest Airlines Co International Business Machines Corp Deckers Outdoor Corp Victoria's Secret & Co Merck & Co Inc Meta Platforms Inc Servicenow Inc Deutsche Bank AG Honeywell International Inc Markets Market Insider Stock Markets Breaking News: Economy Economy Breaking News: Markets Business News
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