{"id":36241,"date":"2023-11-21T17:31:50","date_gmt":"2023-11-21T17:31:50","guid":{"rendered":"https:\/\/isafespend.com\/news\/stocks-making-the-biggest-moves-midday-amazon-medtronic-american-eagle-lowes-c3-ai-and-more\/"},"modified":"2023-11-21T17:31:50","modified_gmt":"2023-11-21T17:31:50","slug":"stocks-making-the-biggest-moves-midday-amazon-medtronic-american-eagle-lowes-c3-ai-and-more","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=36241","title":{"rendered":"Stocks making the biggest moves midday: Amazon, Medtronic, American Eagle, Lowe&#8217;s, C3.ai and more"},"content":{"rendered":"<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-6-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making the biggest moves midday: Amazon \u2014 The e-commerce behemoth slipped 2.4% after CNBC&#8217;s David Faber reported founder and Executive chair Jeff Bezos is expected to be &#8220;aggressive&#8221; in selling more shares of Amazon. The total sale could amount to more than $1 billion, sources told Faber. Burlington Stores \u2014 Shares popped 21.7% after the retailer raised the lower end of its full-year earnings guidance and said it is expecting total sales growth of 11% in 2024. That&#8217;s higher than analysts expected. Burlington also said November was off to a strong start. Medtronic \u2014 The medical equipment stock jumped 3.8% after the company posted better-than-expected earnings. Adjusted earnings per share came in at $1.25 on revenues of $7.98 billion, versus the $1.18 on revenues of $7.92 billion expected from analysts polled by LSEG. Kohl&#8217;s \u2014 Shares dropped more than 9% after the retailer reported weaker-than-expected revenues for the third quarter. Same-store sales were down 5.5%, it reported, versus the StreetAccount estimate of 3.8%. Kohl&#8217;s lowered the low end of its full-year same-store sales outlook. American Eagle Outfitters \u2014 The apparel retailer sank 16% after its operating income guidance for the full year came in weaker than expected. C3.ai \u2014 Shares of the artificial intelligence software company added 3.4% in midday trading following an upgrade to outperform from Oppenheimer. Analyst Timothy Horan noted C3.ai remains &#8220;one of the few pure plays helping customers drive new revenue sources.&#8221; Baidu \u2014 U.S. shares of the Chinese technology giant jumped 1.5% after revenue came in slightly higher than analysts forecasted. Baidu reported 34.45 billion yuan for the quarter, surpassing the consensus estimate of 34.33 billion yuan from analysts polled by LSEG. Lowe&#8217;s \u2014 Shares of the home improvement retailer dipped 2.7% after Lowe&#8217;s reported softer-than-expected revenue for the third quarter . The company generated $20.47 billion in revenue for the three months ended Nov. 3. Analysts surveyed by LSEG were looking for $20.89 billion. The company also lowered its full-year sales outlook, citing weaker demand from do-it-yourself customers. Symbotic \u2014 The stock surged 37% after Symbotic reported revenue and adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) for the fiscal fourth quarter that topped expectations. VMWare \u2014 Shares shed 4.7% after Broadcom announced it received all required regulatory approvals to acquire VMWare and plans to close the $69 billion acquisition on Wednesday. Shares of Broadcom were down less than 1%. Dick&#8217;s Sporting Goods \u2014 The athletic goods retailer saw its shares rise 4.3% after posting strong quarterly earnings and revenue for its fiscal third quarter that beat analysts&#8217; expectations. The company also hiked its full-year outlook after slashing it in the prior quarter over theft concerns. Abercrombie &amp; Fitch \u2014 The stock slid 2.7% after the clothing retailer reported a big earnings beat for its third quarter, but delivered fourth-quarter guidance that was in-line with consensus estimates. Abercrombie shares have already gained more than 200% year to date. Agilent Technologies \u2014 The life sciences stock gained 8.3%. Agilent Technologies on Monday reported fourth-quarter earnings and revenue that topped FactSet consensus estimates, though its fiscal first-quarter and full-year guidance fell short of expectations. \u2014 CNBC&#8217;s Brian Evans, Alex Harring, Jesse Pound, Tanaya Macheel and Sarah Min contributed reporting.<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"><\/span><\/p>\n<\/div>\n<\/div>\n<p>Read the full article <a href=\"https:\/\/www.cnbc.com\/2023\/11\/21\/stocks-making-the-biggest-moves-midday-amzn-mdt-aeo-ai-and-more.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making the biggest moves midday: Amazon \u2014 The e-commerce behemoth slipped 2.4% after CNBC&#8217;s David Faber reported founder and Executive chair Jeff Bezos is expected to be &#8220;aggressive&#8221; in selling more shares of Amazon. The total sale could amount to more than $1 billion, sources told Faber. Burlington Stores \u2014 Shares<\/p>\n","protected":false},"author":1,"featured_media":33035,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-36241","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-news"},"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.12 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Stocks making the biggest moves midday: Amazon, Medtronic, American Eagle, Lowe&#039;s, C3.ai and more | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Check out the companies making the biggest moves midday: Amazon \u2014 The e-commerce behemoth slipped 2.4% after CNBC&#039;s David Faber reported founder and\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" 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