Stocks making the biggest moves midday: Walmart, Deere, Meta, Chubb and more

Check out the companies making headlines in midday trading. Meta — Shares pulled back 1.3% after the European Union opened a probe into the company regarding child safety concerns on social media platforms Facebook and Instagram. Deere – Deere shares slipped about 3% after the maker of agricultural equipment cut its full-year guidance. The company said it now expects net income of roughly $7 billion, down from a range of $7 billion to $7.5 billion.

GameStop and AMC declined 23% and 14% Thursday, respectively. While the swift rally earlier this week turned heads on Wall Street, the retail interest in these meme names paled in comparison with the epic mania three years ago. GameStop and AMC are still up more than 60% each on the week, however. Canada Goose — The luxury apparel maker soared 16% on the back of stronger-than-expected earnings and revenue in its fiscal fourth quarter.

Source: News Formal (newsformal.com)

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