Stocks making the biggest moves midday: SolarEdge Technologies, Humana, Starbucks, Robinhood and more

Check retired the companies making the biggest moves midday.

SolarEdge Technologies — The star banal tumbled astir 19% aft the institution reported $991 cardinal successful revenue, missing analysts' estimates of $992 million, according to Refinitiv. SolarEdge besides issued disappointing third-quarter gross guidance.

CVS Health — The retail pharmacy banal gained 4% during midday trading Wednesday aft the institution posted beardown net and gross for the 2nd quarter. CVS reported net of $2.21 per stock connected gross of $88.9 billion, portion Wall Street analysts expected $2.11 per stock connected net of $86.5 billion, according to Refinitiv.

Norwegian Cruise Line — The cruise banal sank 3.2%, a time aft reporting weaker-than-expected guidance for the 3rd quarter. Its second-quarter earnings, however, topped analysts' estimates. Shares were besides downgraded by Susquehanna to neutral from positive. The Wall Street steadfast said Norwegian's instrumentality to pre-pandemic EBITDA borderline volition instrumentality immoderate time.

Emerson Electric — Shares rallied 4% pursuing Emerson Electric's net and gross bushed for its fiscal 3rd quarter. The institution reported adjusted net per stock of $1.29, topping the $1.10 expected from analysts polled by StreetAccount. Revenue was $3.95 billion, compared with the $3.88 cardinal expected by Wall Street.

Pinterest — The societal media level slid 4.9% contempt beating expectations connected gross for the 2nd quarter. Pinterest posted $708 cardinal against FactSet's $696.4 cardinal statement estimate. Pinterest's third-quarter gross maturation forecast, however, missed expectations.

Starbucks — Shares added 2.6% pursuing the java giant's net report. Starbucks' adjusted net per stock for the fiscal 3rd 4th was $1, versus the 95 cents expected by analysts, per Refinitiv. However, gross fell abbreviated astatine $9.17 cardinal compared with the $9.39 cardinal expected.

Advanced Micro Devices — The chipmaker's shares declined 7.4% successful absorption to its second-quarter net release Tuesday aft the bell. While the institution posted better-than-expected net successful the anterior quarter, its forecast for the 3rd 4th was weaker than analysts' estimates amid a anemic PC market. Several Wall Street firms, including Bank of America and JPMorgan, said the institution whitethorn beryllium nearing the highest of its rally.

Humana — Shares popped 6% aft the wellness insurer reported second-quarter adjusted net per stock of $8.94, topping the $8.76 per stock anticipated by analysts, per StreetAccount. Humana forecast its Medicare Advantage concern volition turn by astir 825,000 members successful 2023.

Generac — Shares dropped astir 24% aft the institution posted a second-quarter net miss. Adjusted net per stock came successful astatine $1.08, versus StreetAccount's estimation of $1.16. The institution besides lowered its forecast for residential merchandise income successful the 2nd half, citing a softer-than-expected user environment.

Scotts Miracle-Gro — The banal sank 18% aft the shaper of user lawn, plot and pest power products reported an net and gross miss for its 3rd quarter. Scotts besides forecast a bigger-than-expected gross diminution for the fiscal 2023 year.

Freshworks — Shares popped astir 19% aft the bundle arsenic a work institution bushed expectations for some net and revenue. Canaccord Genuity upgraded the stock to bargain from clasp and hiked its terms people to $25 from $15, suggesting 37% upside from Tuesday's close.

Robinhood — The retail brokerage's banal shed much than 4% up of the company's quarterly results, owed aft the bell. Analysts are expecting a quarterly nonaccomplishment of 1 cent, according to StreetAccount.

Paycom Software — Shares tumbled 18.6% contempt the payroll provider's net and gross bushed aft the doorbell Tuesday. However, the company's gross guidance for the 3rd 4th was $410 cardinal to $412 million, compared with the $412 cardinal expected from analysts polled by StreetAccount.

Chinese tech stocks — Shares of Chinese exertion stocks dropped aft regulators successful China proposed limits connected smartphone use for minors. U.S.-listed shares of JD.com, Baidu, Alibaba and Tencent Music were each down astir 5%.

— CNBC's Hakyung Kim, Pia Singh and Alex Harring contributed reporting.