Stocks making the biggest moves midday: Dick's Sporting Goods, Nordstrom, Wendy's and more

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Check out the companies making headlines in midday trading Wednesday.

Dick's Sporting Goods – Shares of the sporting goods seller jumped 11%, despite the company cutting its outlook for the year, after the retailer topped earnings and revenue estimates for its fiscal first quarter. Dick's CEO Lauren Hobart said she's confident the company will be able to «adapt quickly» to uncertain macroeconomic conditions.

Express – Shares rallied 9.9% after the apparel retailer reported better-than-expected quarterly results. Express lost an adjusted 10 cents per share. That's narrower than the 15-cents-per-share loss expected by analysts, according to Refinitiv. Revenue also topped the consensus forecast and Express raised its full-year comparable-sales outlook.

Wendy's – The fast-food chain saw surged 9.9% after a filing revealed Trian, Wendy's largest shareholder, is exploring a potential deal with the company. Trian, along with its partners, owns a 19.4% stake in the burger chain and said it was seeking a deal to «enhance shareholder value» that could include an acquisition or merger.

Dell Technologies – Shares gained more than 4% after Evercore added the PC maker to its «Tactical Outperform» list. Dell is set to report earnings Thursday.

Nordstrom – Shares of the department store soared 11% after the company reported fiscal first-quarter sales that came in ahead of analysts' estimates. Nordstrom also hiked its financial outlook for the full year, citing momentum in the business.

Intuit – Shares jumped more than 7% after the tax software company topped earnings expectations and raised its outlook for the current quarter. Intuit also got a boost from strong performances by some of its brands, including Credit Karma.