Stocks making the biggest moves midday: Cava, Domino's Pizza, Kroger, Lennar and more

Check retired the companies making the biggest moves midday:

Cava Group — Shares soared 91% successful midday trading during its archetypal time arsenic a nationalist company. Cava Group priced its IPO astatine $22 per stock and began trading Thursday astatine $42 per share.

SkyWest — The hose banal gained 5.7% aft being upgraded by Deutsche Bank to bargain from hold. The Wall Street steadfast said it believes determination volition beryllium "significant improvement" successful the company's instrumentality connected invested superior implicit the adjacent 2 to 3 years. Deutsche Bank besides upgraded Allegiant, which was up 1.4% successful midday trading.

Domino's Pizza — The pizza concatenation gained 6.2% aft Stifel upgraded the banal to a buy from a hold. The steadfast said transportation income should stabilize further portion carry-out income prime up successful the adjacent year.

Kroger — Shares dropped 3%. On the company's net telephone Thursday, Kroger CEO Rodney McMullen said, "The economical situation is much importantly impacting our budget-conscious shoppers." The institution reaffirmed identical sales, without fuel, and adjusted earnings-per-share guidance for the afloat year. Kroger besides posted gross that came successful somewhat beneath Street expectations: Sales for the archetypal 4th were $45.17 billion, compared to analysts' forecast of $45.26 billion, according to FactSet.

Target — Shares of the big-box retailer jumped astir 3% aft Bernstein reiterated its outperform rating connected the stock. The Wall Street steadfast said investors should bargain the weakness successful Target shares, which are down 15% implicit the past month.

Lennar — Shares of the homebuilder roseate much than 3% connected Thursday. Lennar reported better-than-expected results for the fiscal 2nd 4th connected Wednesday evening. The institution said it generated $3.01 successful net per stock connected $8.05 cardinal successful revenue. Analysts were expecting $2.33 successful net per stock connected $7.22 cardinal of revenue, according to FactSet. The company's net were boosted by gains connected exertion investments, but Lennar inactive would person beaten expectations excluding that benefit. Lennar besides hiked its full-year guidance for location deliveries.

SoFi Technologies — The fiscal exertion banal slid 4.2% pursuing a downgrade by Oppenheimer to execute from outperform. The Wall Street steadfast said it was bullish agelong term, but believes the banal terms has been seeing appreciation overmuch stronger than than experienced successful the broader market.

AutoZone — The banal added 3% aft the car parts retailer authorized the repurchase of an further $2 cardinal of the company's communal banal precocious Wednesday.

Corning — Shares gained 2% aft being Citi upgraded Corning to bargain from neutral. The Wall Street steadfast besides boosted its terms people to $40 from $36, suggesting upside of much than 20% from Wednesday's close. Citi said it has "greater conviction" successful the solid maker's borderline betterment potential.

John Wiley & Sons — Shares sank astir 16% successful midday trading. The institution reported adjusted net per stock for the fiscal 4th fourth of $1.45, up from $1.08 per stock a twelvemonth ago. However, gross declined, coming successful astatine $526.1 million, compared to $545.7 cardinal past year. Management besides announced a restructuring plan, divesting its non-core acquisition businesses.

Coinbase — The banal fell 1% aft Mizuho questioned if traders were moving to Robinhood. Mizuho reiterated its underperform standing connected the crypto level successful a enactment to clients.

Patterson-UTI Energy, NexTier Oilfield Solutions — The 2 companies agreed to merge successful an all-stock woody with an endeavor worth of $5.4 billion. Shares of Patterson-UTI Energy rallied astir 11% portion NexTier Oilfield Solutions gained 4%

T-Mobile — T-Mobile popped 3.9% during midday trading. Morgan Stanley reinstated the telecommunications banal arsenic a apical pick, saying T-Mobile is well-positioned to instrumentality vantage of marketplace volatility with a beardown buyback program.

— CNBC's Yun Li, Alex Harring, Jesse Pound and Sarah Min contributed reporting.