Stocks making the biggest moves midday: Meta Platforms, Chipotle, Royal Caribbean and more

Here are the stocks making headlines connected Wall Street connected Thursday:

Meta Platforms – Shares of the Facebook-parent popped 6% to commercialized adjacent their highest level since aboriginal 2022 aft the societal media institution reported beardown second-quarter results and issued optimistic guidance. Meta Platforms reported net of $2.98 per stock connected $32 cardinal successful revenue. That surpassed the $2.91 per stock and gross of $31.12 expected by Refinitiv. A rebound successful advertizing besides lifted earnings.

Chipotle Mexican Grill — Shares of the Mexican nutrient concatenation dropped 8.6% aft the company's quarterly revenue fell abbreviated of expectations. Chipotle posted gross of $2.51 billion, little than the $2.53 cardinal expected, according to Refinitiv. Its net per stock bushed expectations, however.

Royal Caribbean, Norwegian Cruise Line — Shares of Royal Caribbean surged 9% aft the cruise institution bushed expectations for the 2nd quarter. Royal Caribbean reported $1.82 successful adjusted net per stock connected $3.52 cardinal of revenue. Analysts surveyed by Refinitiv had penciled successful $1.55 per stock connected $3.41 cardinal of revenue. The study appeared to boost different cruise stocks, with Norwegian shares jumping astir 6%.

Lam Research — Shares of the semiconductor soared 11% aft Lam Research delivered a steadfast bushed connected the apical and bottommost lines for its fiscal 4th quarter. The institution reported $5.98 successful adjusted net per stock connected $3.21 cardinal successful revenue. Analysts surveyed by Refinitiv were expecting $5.07 per stock connected $3.21 cardinal of revenue. Lam's guidance for the existent 4th was besides stronger than expected.

KLA Corp. — Shares of the semiconductor institution jumped 7% up of KLA's fiscal fourth-quarter net report. The institution is scheduled to denote results aft the closing doorbell connected Thursday.

L3Harris Technologies — Shares of the defence contractor sank 8% contempt a stronger-than-expected study for the 2nd quarter. L3Harris reported $2.97 successful adjusted net per stock connected $4.69 cardinal of revenue. Analysts surveyed by Refinitiv estimated $2.94 per stock connected $4.37 cardinal of revenue. The company's net per stock and operating currency travel were down twelvemonth over. The institution besides said that regulators person decided not to artifact its acquisition of Aerojet.

Willis Towers Watson — Shares of the security institution fell 8% aft Willis Towers Watson reported softer-than-expected net for the 2nd quarter. The institution reported $2.05 successful adjusted net per share, beneath the StreetAccount statement of $2.33 per share.

Northrop Grumman — The defence banal slipped 4.3% contempt a bushed connected the apical and bottommost lines for the 2nd quarter. Northrop Grumman reported $5.34 successful net per stock connected $9.58 cardinal of revenue. Analysts surveyed by Refinitiv were expecting $5.33 successful net per stock connected $9.35 cardinal of revenue. Northrop Grumman's nett income and operating borderline did diminution twelvemonth implicit year.

Imax— The cinema banal rallied 9% connected the backmost of its second-quarter report. Imax reported 26 cents successful net per share, excluding one-time items, connected $98 cardinal successful revenue. Meanwhile, analysts polled by Refinitiv anticipated 16 cents per stock and $86.6 million. Management noted past play was 1 of the champion planetary container bureau performances ever for the institution and that an accelerated complaint of signups and installations tin beryllium a affirmative indicator of semipermanent growth. 

Sunnova Energy — The star banal slid 10% aft Sunnova reported a wider-than-expected nonaccomplishment for the 2nd quarter. The institution reported a nonaccomplishment of 74 cents per stock connected $166.4 cardinal of revenue. Analysts expected a nonaccomplishment of 42 cents per stock and $195.5 cardinal of revenue, according to StreetAccount.

Honeywell — The concern banal fell 4.5% aft Honeywell reported a mixed 2nd quarter. The institution reported $2.23 successful adjusted net per stock connected $9.15 cardinal of revenue. Analysts surveyed by Refinitiv were expecting $2.21 per stock connected $9.17 cardinal of revenue. The company's third-quarter gross guidance was toward the debased extremity of expert estimates, according to StreetAccount, and Honeywell saw income diminution twelvemonth implicit twelvemonth for its information and productivity solutions division.

Comcast — Shares of the NBCUniversal genitor institution jumped 6% aft a stronger-than-expected study for the second quarter. Comcast reported $1.13 successful adjusted net per stock connected $20.51 cardinal of revenue. Analysts surveyed by Refinitiv were expecting 97 cents per stock connected $30.13 cardinal of revenue.

McDonald's — The edifice banal popped 2% aft McDonald's topped estimates for the second quarter. The eatery concatenation reported $3.17 successful adjusted net per stock connected $6.50 cardinal of revenue. Analysts surveyed by Refinitiv were expecting $2.79 successful net per stock connected $6.27 cardinal of revenue.

Southwest Airlines — Shares tumbled much than 8% aft the company posted a mixed quarterly net report. The hose reported $1.09 adjusted net per stock connected $7.04 cardinal successful revenue. Analysts had expected $1.10 net per stock and $6.98 cardinal successful revenue, according to Refinitiv. Southwest said it expects portion gross to driblet arsenic overmuch arsenic 7% during the existent quarter.

Align Technologies — Shares of the dental products institution surged 16% aft a amazingly beardown second-quarter report. Align reported $2.22 successful adjusted net per stock connected $1 cardinal of revenue. Analysts surveyed by Refinitiv were expecting $2.03 per stock connected $991 cardinal of revenue. Align besides delivered upbeat guidance for its full-year numbers.

eBay — Shares of the online retailer sank 9% aft eBay's third-quarter net guidance came successful beneath expectations. The institution said it expected adjusted net of betwixt 96 cents and $1.01 per share. Analysts surveyed by StreetAccount were looking for $1.02 per share. eBay's second-quarter results did apical expectations, however.

Edwards Lifesciences — Shares of the aesculapian exertion institution slumped 7.8% aft Edwards' guidance for the 3rd 4th disappointed Wall Street analysts. The institution said it expected adjusted net per stock of betwixt 55 cents and 61 cents. Analysts surveyed by StreetAccount expected 63 cents per share. The company's second-quarter results did modestly bushed estimates for adjusted net and revenue.

— CNBC's Alex Harring, Hakyung Kim, Samantha Subin and Yun Li contributed reporting.

Disclosure: Comcast owns NBCUniversal, the genitor institution of CNBC.