Stocks making the biggest moves midday: Levi Strauss, FuboTV, Honeywell and more

  • Date: 09-Apr-2021
  • Source: CNBC
  • Sector:Transport
  • Country:Qatar
  • Who else needs to know?

Stocks making the biggest moves midday: Levi Strauss, FuboTV, Honeywell and more

Check out the companies making headlines in midday trading.

Levi Strauss - Shares of the retailer jumped 5% after the company beat top- and bottom-line estimates during the first quarter. Levi's earned 34 cents per share on an adjusted basis, while reporting $1.31 billion in revenue. Analysts surveyed by Refinitiv were expecting the company to earn 25 cents on $1.25 billion in revenue. The results were boosted by strength in Levi's digital sales, which jumped 41%.

FuboTV - The streaming service jumped more than 18% after FuboTV won the exclusive streaming rights to the qualifying matches of the Qatar World Cup 2022. The qualifying matches will feature 10 teams in the South American Football Confederation.

WD-40 “” The stock tanked 14% after reporting earnings per share of $1.24, 8 cents below analyst estimates, according to Refinitiv. Revenue also missed expectations. The company said supply chain issues hurt its ability to meet customer demand.

Honeywell - Shares of the conglomerate rose about 2% after Deutsche Bank upgraded the stock to buy from hold. Deutsche said it saw an attractive buying opportunity after sharp year-to-date underperformance. The bank also cited attractive end-market exposures, high-quality nature and likely near-term earnings upside.

DraftKings “” Shares of the sports betting