Stocks making the biggest moves midday: Target, Apple, Momenta, BioMarin & more

Stocks making the biggest moves midday: Target, Apple, Momenta, BioMarin & more

People wearing masks avoid social distancing as they wait in line to enter Target in Herald Square amid the coronavirus pandemic on May 16, 2020 in New York City.Alexi Rosenfeld | Getty ImagesCheck out the companies making headlines in midday trading. Target — Shares of Target jumped almost 12% to hit an all-time high after the retailer's quarterly results blew past Wall Street's expectations. Target posted a 10.9% increase in comparable sales for its brick-and-mortar stores in the second quarter ended Aug. 1, while its digital sales nearly tripled from a year earlier. It earned an adjusted $3.38 per share for the second quarter, substantially above the consensus estimate of $1.62 per Refinitiv.Apple — Apple's stock rose about 1% to a record high of $468.65, reaching a market cap of $2 trillion. After