These are the stocks posting the largest moves in midday trading.
— Shares of the airline ticked more than 1% lower following its disappointing quarterly results. JetBlue reported a loss of $2.02 per share on revenue of $215 million. Analysts polled by Refinitiv expected a loss of $1.92 per share on revenue of $222 million.— The tobacco stock gained 1.2% after Altria reported better-than-expected results for the second quarter and raised its dividend. The company reported $1.09 in adjusted earnings per share on $5.06 billion of revenue.
Sacconaghi said in a note that the decision was a "valuation call," with the stock trading roughly 70% above Bernstein's target price of $900 per share.— Shares of Harley-Davidson tanked nearly 8% after the motorcycle maker posted an unexpected quarterly loss. The company reported a loss of 60 cents per share, compared to expectations of a 4 cents per share profit, according to Refinitiv.
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