These are the stocks posting the largest moves in midday trading.
Check out the companies making headlines in midday trading: Paramount Global — The media conglomerate's stock dropped more than 5% after Edgar Bronfman Jr. abandoned his pursuit of a takeover, clearing the way for Skydance to follow through on its roughly $8 billion acquisition deal reached in July. The Skydance deal, expected to close in the first half of 2025, included a "go shop" window that allowed Paramount to seek other buyers.
Heico — The aerospace and defense company shed nearly 1% after revenue for the third fiscal quarter came in at $992.2 million, under the consensus forecast of $995.3 million. However, the company earned 97 cents per share during the period, topping the 92 cent estimate from Wall Street. Cava Group — The fast-casual restaurant chain shed 5% after CEO Brett Schulman and other corporate insiders sold off some of their shares, according to filings with the U.S. Securities and Exchange Commission.
Business Breaking News: Markets Stock Markets Economy Markets Market Insider Tripadvisor Inc United States Earnings HEICO Corp NVIDIA Corp Netflix Inc Insulet Corp Hanesbrands Inc UBS Group AG Energizer Holdings Inc Truist Financial Corp Paramount Global Edgar Bronfman Jr. Eli Lilly And Co JD.Com Inc JD.Com Inc Hershey Co Sean Conlon Ferrari NV Ferrari NV Hain Celestial Group Inc Factset Research Systems Inc CAVA Group Inc Business News
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