Stocks making the biggest moves midday: Bath & Body Works, Norwegian Cruise Line and more

Check retired the companies making headlines successful midday trading.

Bath & Body Works – Bath & Body Works' banal surged 24% aft reporting per-share net that were much than treble what analysts had anticipated. The retailer besides raised its guidance for full-year per-share earnings.

Norwegian Cruise Line – Shares of the cruise banal shed 6% pursuing a treble downgrade to an underperform standing from Credit Suisse. The slope said shares are trading astatine a premium and investors tin find amended worth successful its cruise peers.

Macy's – Shares of Macy's rallied 14% aft the section store reported nett and gross that bushed Wall Street's expectations. It besides raised its net forecast for the twelvemonth but near its gross guidance unchanged. 

BJ's Wholesale – Shares dropped 6% contempt the institution reporting beats connected the apical and bottommost lines and raising its full-year forecast for per-share earnings. BJ's besides bushed expectations for comparable store sales.

Alibaba – The e-commerce multinational institution jumped 7.8% aft reporting mixed net successful which it bushed expectations for net but missed connected revenue. It besides accrued its stock buyback.

Kohl's — The retail banal gained 3% aft Kohl's topped net per stock expectations successful its latest quarterly results, according to statement estimates from Refinitiv. Still, the section store concatenation pulled its full-year guidance, citing a hard economical backdrop.

Quest Diagnostics – The laboratory diagnostics institution mislaid 2.2% aft Citi downgraded the stock to merchantability from neutral arsenic it sees risks to concern maturation and expanding outgo headwinds.

CytomX Therapeutics – The biopharmaceutical institution skyrocketed 31% aft it announced a probe task with Regeneron, which was up 0.7%.

Cisco Systems – Cisco added 4.6% pursuing its quarterly study showing beats connected the apical and bottommost lines and a affirmative forecast.

Target – Target's banal roseate 3%, a time aft losing 13%. On Wednesday, the retailer reported its third-quarter nett fell by astir 50% and chopped its fourth-quarter outlook. Despite those results, Piper Sandler inactive believes the banal is "compelling" and upgraded it to overweight from neutral connected Thursday. Deutsche Bank, however, downgraded Target to clasp from buy.

Traeger – Shares of grill shaper Traeger jumped 4.7% Thursday aft Canaccord initiated sum of the banal with a bargain rating, citing the brand's sanction designation successful wood-pellet grills.

— CNBC's Samantha Subin, Sarah Min, Carmen Reinicke and Michelle Fox contributed reporting.