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Stocks making the biggest moves midday: Salesforce, Kohl's, HP, Best Buy and more

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Nutanix Inc,Dollar General Corp,Burlington Stores Inc

These are the stocks posting the largest moves during midday trading.

Check out the companies making the biggest moves midday: Salesforce — The cloud software vendor tumbled 20.5% after reporting weaker-than-expected revenue and issuing guidance that fell short of Wall Street's expectations. Its fiscal first-quarter revenue was $9.13 billion, versus the $9.17 billion expected from analysts polled by LSEG. It was the first time since 2006 that Salesforce missed on revenue.

Analysts polled by FactSet expected full-year adjusted earnings per share guidance of $5.50. The company also lowered its revenue guidance for the year, which fell short of expectations. C3.ai — Shares added 18% after the tech company reported an adjusted loss of 11 cents per share for its fiscal fourth quarter, less than the 30 cent loss expected from analysts polled by StreetAccount. Revenue came in at $86.6 million, topping the $84.4 million consensus estimate.

 

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