These are the stocks posting the largest moves in midday trading.
— Shares of the retailer dropped 3% after missing on the top and bottom lines of its third quarter earnings. The company reported earnings of 23 cents on revenue of $863.5 million, while Wall Street analyst expected earnings of 24 cents per share on revenue of $868.4 million, according to Refinitiv. Same-store sales same in flat, while analysts expected growth of 0.3%.— Shares of the discount retailer surged 8% after reporting earnings for the third quarter of $1.
— Shares of Hormel Foods rose 3% after topping analysts' expectations for its third quarter earnings. The company reported earnings of 47 cents per share, beating estimates by 1 cent. Revenue fell short of expectations.
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