Stocks making the biggest moves midday: Tesla, Netflix, Intel and more

Stocks making the biggest moves midday: Tesla, Netflix, Intel and more

Here are the stocks making notable moves on Thursday, Jan. 27. — Shares of the automaker fell more than 8% despite Tesla's beating estimates on the top and bottom lines for the . The company warned that supply chain issues might limit production in 2022 and announced that it would debut no new models this year, . — The streaming giant's shares jumped more than 7% after Pershing Square's Bill Ackman revealed Wednesday evening that he , which made him a top-20 shareholder. Ackman said he started buying the dip on Friday after Netflix suffered a steep sell-off on slowing subscriber growth. — Shares of the chip stock fell 7% despite Intel's reporting better-than-expected and delivering upbeat guidance. Intel's largest business, its Client Computing Group, was down 7% year-over-year to $10.1 billion, though it still beat analysts' average estimate of $9.6 billion, according to FactSet. – ServiceNow shares jumped more than 8% following the company's . The cloud software company earned $1.46 per share excluding items on $1.61 billion in revenue during the period. Analysts were expecting the company to earn $1.43 per share on $1.60 billion in revenue, according to estimates compiled by Refinitiv. Piper Sandler upgraded the stock