Stocks making the biggest moves midday: Ulta Beauty, Big Lots, Autodesk, Workday and more

1 month ago

Ulta Beauty store.

Scott Mlyn | CNBC

Check retired the companies making headlines successful midday trading Friday.

Ulta Beauty — The quality retailer surged 10% pursuing better-than-expected quarterly net and revenue. Ulta Beauty besides shared a better-than-expected outlook for the afloat year.

American Eagle — The banal dropped 4.2% aft the retailer posted weaker-than-expected quarterly revenue. American Eagle reported $1.055 cardinal successful gross versus the Refinitiv statement estimation of $1.142 billion.

Autodesk — Shares surged astir 9% aft the bundle institution reported net and gross that bushed expert expectations. Autodesk reported full nett gross of $1.170 cardinal that was amended than Refinitiv statement estimation of $1.145 billion. The company's net came successful astatine $1.43 per share, beating expectations by 9 cents a share.

Big Lots — Shares dropped 10% aft the discounter reported an net miss. Big Lots cited inflationary pressures portion issuing weaker full-year guidance. The company's comparable-store income besides fell much than expected.

Pinduoduo — Shares soared 10% aft the Chinese e-commerce institution reported quarterly results that surpassed expectations. Pinduoduo besides reported a 7% successful progressive buyers from the year-earlier period.

Dell — Shares of the IT institution surged 12.5% pursuing better-than-expected nett and gross for the erstwhile quarter. The machine hardware shaper said it benefited from a leap successful request for desktop and laptop computers by concern customers.

Red Robin — Shares of Red Robin Gourmet Burgers soared 19.6% aft the edifice concatenation bushed connected gross estimates and shared a smaller-than-expected nonaccomplishment successful the caller quarter. Comparable-store income roseate 19.7% twelvemonth implicit year, beating a StreetAccount forecast of 17%.

Marvell Technology — Shares jumped astir 5% aft the institution reported net that bushed expectations. Marvell Technology reported net of 52 cents per stock connected revenues of $1.447 billion. Analysts polled by Refinitiv were expecting net of 51 cents per stock connected revenues of $1.427 billion.

Workday — Shares dropped much than 6% aft the quality superior absorption institution reported net that came successful beneath expectations. Workday reported net of 83 cents per share, which was little than Refinitiv statement estimates of 86 cents per share.

— CNBC's Tanaya Macheel, Hannah Miao and Samantha Subin contributed reporting.