Check out the companies making headlines in midday trading: Crocs \u2014 Shares of the footwear company gained nearly 2% following an upgrade to buy at Williams Trading. The investment firm said Crocs’ addition of actress Sydney Sweeney as a spokesperson for its Heydude brand could reverse previously negative sales trends. Nordson \u2014 The adhesives stock added 2% after posting a fiscal third-quarter earnings beat. Nordson reported per-share adjusted earnings of $2.41, while analysts polled by FactSet had only expected $2.33. The company’s $661.6 million in revenue was also higher than the $656.5 million consensus estimate. Deutsche Bank \u2014 The bank’s U.S.-listed shares advanced more than 3% after Deutsche Bank announced it had reached settlements with nearly 60% of plaintiffs in a case tied to its acquisition of Postbank more than a decade ago. Wolfspeed \u2014 The semiconductor stock tumbled 4% after posting a fourth-quarter loss of 89 cents per share, which was 4 cents per share wider than analysts polled by LSEG had expected. Wolfspeed’s revenue of $201 million came in line with expectations. Snowflake \u2014 The software company plummeted 13%. Analysts pointed to a deceleration in growth as a potential reason for the stock’s decline despite posting an earnings and revenue beat for its most-recent quarter. Urban Outfitters \u2014 The stock sank 9% after the clothing retailer reported that second-quarter sales in locations open for at least a year fell 9.3% from a year ago. That was more than the 8.3% decline analysts were expecting, per LSEG. However, the company beat on earnings and revenue. Peloton \u2014 Shares rallied 34% after the connected fitness company posted a rise in sales for the first time in nine quarters as it implements its turnaround plan. Peloton posted a smaller-than-expected loss of 8 cents per share. Advance Auto Parts \u2014 The automotive parts retailer fell 16% after reporting second-quarter earnings of 75 cents per share, while analysts polled by FactSet had anticipated earnings per share of 93 cents. The company also lowered its full-year guidance. Paramount Global \u2014 The media stock rose nearly 2% after the company’s special committee announced that it was extending the “go shop” period of its merger agreement with Skydance. The Paramount committee also confirmed that it has received a competing offer from Edgar Bronfman Jr. Est\u00e9e Lauder \u2014 The beauty company added more than 2% following an upgrade to overweight from neutral at Piper Sandler. Analyst Korinne Wolfmeyer cited a management change as one reason for her renewed optimism. Stryker \u2014 The medical stock added 1% on news that it would acquire Vertos Medical, a company focused on treating chronic lower back pain. Williams-Sonoma \u2014 The kitchenware retailer plunged 7% after posting second-quarter revenue of $1.79 billion, lower than the $1.81 billion expected by analysts, according to LSEG. However, the company’s earnings per share of $1.74 was higher than the $1.60 consensus estimate. Zoom Video \u2014 The telecommunications stock climbed 13% following a second-quarter earnings and revenue beat. Zoom also guided for third-quarter and full-year earnings and revenue above analysts’ estimates. \u2014 CNBC’s Michelle Fox, Jesse Pound and Samantha Subin contributed reporting.<\/span><\/span><\/span><\/span><\/p>\n<\/div>\n<\/div>\n Source: www.cnbc.com<\/p>\n","protected":false},"excerpt":{"rendered":" Check out the companies making headlines in midday trading: Crocs \u2014 Shares of the footwear company gained nearly 2% following an upgrade to buy at Williams Trading. The investment firm said Crocs’ addition of actress Sydney Sweeney as a spokesperson for its Heydude brand could reverse previously negative sales trends. Nordson \u2014 The adhesives stock…<\/p>\n","protected":false},"author":1,"featured_media":87556,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"nf_dc_page":"","om_disable_all_campaigns":false,"WB4WB4WP_MODE":"","WB4WP_PAGE_SCRIPTS":"","WB4WP_PAGE_STYLES":"","WB4WP_PAGE_FONTS":"","WB4WP_PAGE_HEADER":"","WB4WP_PAGE_FOOTER":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[78],"tags":[],"class_list":["post-87555","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"yoast_head":"\n