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Stocks making the biggest moves midday: Allstate, AT&T, IBM, Tesla and more

In this article IBM ALL T NVDA TSLA DDOG KMI Follow your favorite stocks CREATE FREE ACCOUNT Elon Musk looks at a robot display during a tour of the new Tesla Motors auto plant, formerly operated New United Motor Manufacturing Inc. (NUMMI), in Fremont, California, U.S., on Wednesday, Oct. 27, 2010. Bloomberg | Bloomberg | Getty Images Check out the companies making headlines in midday trading. AT&T – The telecom giant's stock jumped 7% after the company surpassed earnings and revenue estimates for the recent quarter. AT&T's wireless revenue rose 5.6%. Allstate – Shares of insurer Allstate fell 11% after the company said it would report a loss in the third quarter following Hurricane Ian, which struck in September and boosted catastrophe losses. Tesla – Shares of electric automaker Tesla fell 6% Thursday, a day after the company reported third -quarter earnings that fell short of Wall Street's expectations for revenue. Tesla also warned of a bottleneck for de...

Stocks making the biggest moves midday: Zscaler, DocuSign, Virgin Galactic, Kroger and more

In this article REGN RH TSLA CAT The Kroger supermarket chain's headquarters is shown in Cincinnati, Ohio. Lisa Baertlein | Reuters Check out the companies making headlines in midday trading Friday. Zscaler — Zscaler surged 20% after reporting strong earnings in its most recent quarter. The company posted adjusted earnings of 25 cents per share on $318 million in revenue. Analysts surveyed by Refinitiv were expecting earnings of 20 cents per share on revenues of $305 million. DocuSign — Shares jumped 9.9% after the electronic agreement company&#x27 ;s quarterly numbers topped analyst expectations. DocuSign's revenue guidance for the third quarter was also above expectations, and its full-year outlook was in line with estimates. Regeneron Pharmaceuticals — The pharmaceutical stock gained 3.5% after Morgan Stanley upgraded shares to overweight from equal weight following the release of positive results from its eye drug trial. Regeneron soared nearly 19% the prior day on th...

Bed Bath & Beyond closes nearly 40% higher, AMC surges as meme chatter on message boards increases

In this article BBBY A view of a Bed Bath and Beyond store in Daly City, California. Justin Sullivan | Getty Images Bed Bath & Beyond and AMC Entertainment surged Monday as meme traders seemed to be betting on the stock despite the lack of any apparent catalyst for the move. Shares of both heavily shorted stocks closed up nearly 40% and 8%, respectively. GameStop also climbed 8.6%. At one point in the session, Bed Bath & Beyond shares soared as much as 63%. Bed Bath & Beyond shares posted their biggest one-day gain in more than a year. As of midday Monday, Bed Bath & Beyond was the most searched name on Reddit's WallStreetBets discussion board, according to Quiver Quantitative. Users under a pinned thread titled "GME, BBBY and AMC Memestock Megathread for Monday August 8th, 2022" appeared to be buying up shares of the retail stock. Loading chart... One user said they "took out a 27k loan, went all in on BBY," which a group moderator seemed to c...