These are the stocks posting the largest moves in midday trading.
Check out the companies making headlines in midday trading. Apple — Shares ticked up roughly 2% ahead of the iPhone maker's second-quarter results due after the closing bell. Peloton -- Shares dropped 13% after the exercise equipment company announced Thursday that CEO Barry McCarthy will be stepping down and that the company will lay off 15% of its staff, or about 400 employees, to "bring its spending in line with its revenue.
Moderna also reiterated its full-year guidance. DoorDash -- The food delivery service fell nearly 14% after DoorDash posted a loss of 6 cents per share in its first quarter, wider than the 4 cents per share anticipated by analysts polled by LSEG. However, the company's revenue came in at $2.51 billion, above the $2.45 billion consensus. Etsy — Shares plummeted 15% after posting an earnings miss in the first quarter.
Qualcomm Inc Qorvo Inc Shake Shack Inc Ebay Inc Zillow Group Inc Zillow Group Inc Doordash Inc Cardinal Health Inc Cigna Corp Carvana Co Apple Inc Moderna Inc ETSY Inc Wayfair Inc Market Insider Markets Economy Stock Markets Breaking News: Markets Business Business News
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