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Stocks making the biggest moves midday: Starbucks, Apple, Amazon, U.S. Steel and more
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cnbc.comIn this article
Check out the companies making headlines in midday trading.
U.S. Steel — Shares of U.S. Steel gained more than 15% as the company's quarterly results beat top and bottom line estimates. U.S. Steel reported adjusted earnings of $5.36 per share, compared with $4.81 per share expected, according to FactSet. Revenue also topped analysts' estimates.
Starbucks — Shares of the coffee giant fell more than 7% after reporting third-quarter revenue that fell short of analysts' expectations. China saw same-store sales shrink by 7% in the quarter, missing Starbucks' prior forecast of flat same-store sales growth.
Amazon — Shares of the e-commerce giant dropped 2.9% after the company badly missed earnings and revenue expectations for the
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