Stocks making the biggest moves midday: Cray, Pinterest, Luckin Coffee & more

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Stocks making the biggest moves midday: Cray, Pinterest, Luckin Coffee & more
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These are the stocks posting the largest moves midday.

— An analyst at B. Riley FBR upgraded the retailer to buy from neutral, citing "improving trends" in its footwear business. The analyst also hiked Foot Locker's price target to $73 per share from $62, implying a 30% surge from Thursday's close. Foot Locker shares rose about 1%.

— Baidu shares plummeted more than 15% after the Chinese search-engine operator reported its first quarterly loss since 2005 and issued weaker-than-expected quarterly revenue guidance that missed expectations. CEO Robin Li also warned that a slowdown in China's technology sector or the country's broad economy could hurt the company.— The semiconductor's stock rose more than 4% after reporting better-than-expected earnings and revenue.

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