Stocks making the biggest moves midday: Twitter, Zoom, Palo Alto Networks, Macy's and more
In this article ZM PANW MDT Source: Nasdaq Check out the companies making headlines in midday trading Tuesday. Zoom Video — Zoom sank more than 14% after missing on revenue estimates for the previous quarter due to a strong dollar. The video conferencing company also cut its forecast for the full year amid slowing revenue growth. Twitter – Shares of the social media network fell 6% after a whistleblower at the company filed complaints with the Securities and Exchange Commission, Federal Trade Commission and Justice Department alleging "extreme, egregious deficiencies by Twitter" related to privacy, security and content moderation. Palo Alto Networks – Shares of Palo Alto Networks jumped 11% after the company reported an earnings beat Monday, driven by strong billings up 44% in the quarter. The cybersecurity company also raised its quarterly and full-year guidance, boosted its buyback program and announced the approval of a 3-for-1 stock split. Macy's - Shares of the de...