Stock Market Updates and Earnings Reports: Highlights from Today’s Trading Sessions
**Stocks Making the Biggest Moves Midday**
In today’s midday trading session, several stocks are making significant moves. Here are some of the highlights:
1. **D.R. Horton** – Shares of D.R. Horton surged more than 12% after the company’s fiscal third-quarter results exceeded Wall Street expectations. The homebuilder reported earnings of $4.10 per share on revenue of $9.97 billion, surpassing analysts’ estimates. Additionally, D.R. Horton announced a $4 billion share repurchase program.
2. **Domino’s Pizza** – Domino’s Pizza saw its stock plummet nearly 13% following the release of mixed second-quarter results. While the company reported earnings per share of $4.03, exceeding expectations, revenue came in at $1.1 billion, in line with estimates. U.S. comparable store sales also grew slightly less than forecasted.
3. **Beyond Meat** – Shares of Beyond Meat fell nearly 11% after a report from The Wall Street Journal indicated that the alternative meat producer is engaging with bondholders to initiate discussions about restructuring its balance sheet.
These developments have caused significant movements in the market, making it an eventful midday session for investors. Stay tuned for further updates on these stocks and more as the trading day progresses.
*By Sean Conlon*