Stocks making the biggest moves midday: Bed Bath & Beyond, Cineworld, Foot Locker, Wayfair and more
Niraj Shah, CEO, Wayfair Ashlee Espinal | CNBC Check out the companies making headlines in midday trading . Foot Locker — The retail stock surged more than 20% after it appointed former Ulta Beauty head Mary Dillon as its chief executive officer, replacing Richard Johnson. Foot Locker also reported a smaller-than-expected drop in comparable sales for the second quarter and profit that was above estimates. Bill.com — Shares soared 14% after the financial back-office software provider surpassed earnings expectations in its most recent quarter. Bill.com also issued strong guidance. Cineworld Group — Shares tumbled 58% following a Wall Street Journal report that the British cinema chain is preparing to file for bankruptcy. Cineworld Group struggled to attract moviegoers back into its theaters after the pandemic. Bed Bath & Beyond — Shares of the struggling retailer plunged more than 40% after activist investor Ryan Cohen dumped his entire stake in the company. Bed Bath & Beyond had...