Stocks making the biggest moves midday: Bausch Health, Anadarko Petroleum, Nvidia & more
Nvidia, Micron Technology, Advanced Micro Devices — The chipmakers fell all at least 1.7% after President Donald Trump threatened to hike tariffs on Chinese goods, dimming hopes that a alternate deal between the world’s economies could be reached.
Bausch Health — Shares of the pharmaceutical organisation previously named Valeant gained more than 8.5% after elevating its 2019 outlook. The agency now expects full-year adjusted EBITDA to come in between $3.40 billion and $3.55 billion, up from a vary of $3.35 billion to $3.50 billion. Bausch also reported better-than-expected quarterly earnings.
Sysco — The wholesale meals company’s inventory rose extra than 3% on better-than-expected income for its fiscal 0.33 quarter. The company earned 79 cents a share last quarter, while analysts polled by using Refinitiv predicted a profit of 70 cents.