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Check out the companies making headlines in midday trading Tuesday.
Hims & Hers Health — Shares of the telehealth stock soared by 17% after the company reported quarterly results that surpassed estimates. Him & Hers Health reported a loss of 5 cents per share on revenue of $167.2 million. Analysts expected a loss of 7 cents per share on revenue of $161.2 million, according to Refinitiv.
Target — Shares rose 2.6% after the retailer's fiscal fourth-quarter earnings and revenue beat expectations. Earnings per share came in at $1.89, versus the $1.40 consensus of analysts polled by Refinitiv. However, Target's full-year earnings guidance came in below expectations.
Dish — Shares of the satellite provider lost 7.3% after the company disclosed that a previously disclosed «network outage» was the result of a cybersecurity breach. Bank of America also double-downgraded the stock to the stock to underperform from buy. The bank said Dish could fall nearly 20% as the company's timeline for its wireless network service build-out extends.
Advance Auto Parts — The automotive aftermarket parts company gained 3.3% after reporting better-than-expected revenue and fourth-quarter earnings of $2.88 per share, topping StreetAccount's estimate of $2.41.
Zoom Video Communications — The video communications company advanced 1.2% after Zoom posted a top- and bottom-line beat for the fourth quarter. Zoom's full-year revenue guidance came in lighter than expected, but topped estimates on its earnings guidance for 2023.
Norwegian Cruise Line Holdings — The cruise company fell 12% after reporting a wider-than-expected loss for the fourth quarter. Norwegian lost an adjusted $1.04 per share on $1.52 billion of revenue. Analysts
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