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Stocks making the biggest moves midday: Vertex Pharmaceuticals, Moderna, Lennar, Salesforce and more
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Check out the companies making headlines in midday trading Wednesday:
Allbirds — Allbirds shares sunk more than 13% after the shoe maker's losses grew in the third quarter, even as its revenue rose from last year. The quarterly earnings report was Allbirds' first as a public company.
Lennar — Shares of Lennar rose 4.6%, outpacing other homebuilders, following an upgrade to buy from hold at Goldman Sachs. The investment firm said Lennar's business strategy should lead to strong growth in 2022.
Vertex Pharmaceuticals — Vertex shares rose more than 8% after the biotech company announced positive results from a study of its its VX-147 drug candidate in a severe genetic kidney disorder and said it plans to advance it into pivotal
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