{"id":36574,"date":"2023-11-22T18:24:38","date_gmt":"2023-11-22T18:24:38","guid":{"rendered":"https:\/\/isafespend.com\/news\/stocks-making-the-biggest-moves-midday-deere-nvidia-autodesk-nordstrom-and-more\/"},"modified":"2023-11-22T18:24:39","modified_gmt":"2023-11-22T18:24:39","slug":"stocks-making-the-biggest-moves-midday-deere-nvidia-autodesk-nordstrom-and-more","status":"publish","type":"post","link":"https:\/\/isafespend.com\/?p=36574","title":{"rendered":"Stocks making the biggest moves midday: Deere, Nvidia, Autodesk, Nordstrom 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 headlines in midday trading. Clorox \u2014 The consumer product company advanced less than 1% on the heels of an upgrade to neutral from underweight by JPMorgan. The firm said there is upside potential to consensus expectations with the worst likely behind the company. Safety Shot \u2014 Shares plummeted more than 30% following a report from Capybara Research that questioned the efficacy and legitimacy of the company&#8217;s alcohol detox drink. Deere , Caterpillar \u2014 Deere shares dropped nearly 4% after the agricultural equipment maker issued disappointing guidance for fiscal 2024. Deere said it expects net income between $7.75 billion and $8.25 billion, short of the $9.31 billion expected from analysts polled by StreetAccount. Peer company Caterpillar ticked down 1.5%. Nordstrom \u2014 Shares of the retailer fell 4.6% after Nordstrom&#8217;s third-quarter sales came in short of expectations. Late Tuesday, the company reported $3.32 billion of revenue, below the $3.40 billion expected by analysts surveyed by LSEG, formerly known as Refinitiv. Net sales were down more than 6% year over year. HP \u2014 Stock in the personal computer behemoth added 2.4% after HP reported in-line earnings and lower-than-expected revenue in the fiscal fourth quarter. Late Tuesday, HP reported adjusted earnings of 90 cents per share on $13.82 billion in revenue, while analysts polled by LSEG forecast 90 cents per share on $13.85 billion in revenue. Autodesk \u2014 Autodesk fell more than 5% a day after the software company issued lower-than-expected fiscal fourth-quarter earnings guidance. The company now expects earnings per share of between $1.91 and $1.97, below estimates of $2.01 per share, according to LSEG. Elsewhere, Piper Sandler downgraded Autodesk to neutral on Wednesday, noting that &#8220;it may take time to build investor confidence&#8221; in the company&#8217;s growth outlook. Nvidia \u2014 Stock in the chipmaker slipped more than 2% after the company said export restrictions to countries including China could hamper sales in the fiscal fourth quarter. Late Tuesday, Nvidia posted better-than-expected fiscal third-quarter earnings . Nvidia posted adjusted earnings of $4.02 per share on $18.12 billion in revenue, while analysts polled by LSEG expected earnings of $3.37 per share and $16.18 billion in revenue. Carniva l, American Airlines \u2014 A slate of travel stocks rose Wednesday as oil prices slid. The West Texas Intermediate contract for January dropped below $75 a barrel. Shares of Carnival, American Airlines and United Airlines jumped 3%, while Norwegian Cruise Line shares added 2.5%. \u2014 CNBC&#8217;s Michelle Fox, Alex Harring, Jesse Pound and Darla Mercado 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\/22\/stocks-making-the-biggest-moves-midday-de-nvda-adsk-jwn-and-more.html\" target=\"_blank\" rel=\"noopener\">here<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in midday trading. Clorox \u2014 The consumer product company advanced less than 1% on the heels of an upgrade to neutral from underweight by JPMorgan. The firm said there is upside potential to consensus expectations with the worst likely behind the company. Safety Shot \u2014 Shares plummeted more than<\/p>\n","protected":false},"author":1,"featured_media":31427,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[43],"tags":[],"class_list":{"0":"post-36574","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: Deere, Nvidia, Autodesk, Nordstrom and more | iSafeSpend<\/title>\n<meta name=\"description\" content=\"Check out the companies making headlines in midday trading. 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