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Stocks making the biggest moves midday: WBD, MLKN, CHPT

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See which companies are making headlines in midday trading.

MEDIA STOCKS — A handful of media and studio stocks rose Wednesday after the nearly 150-day writers’ strike ended. stock warner bros discovery and paramount global While it rose by more than 2.5%, comcast Added 0.9%. Disney Meanwhile, it hovered near the flat ground. netflix It rose 0.3%.

Miller Knoll — The household stock soared more than 27% after posting first-quarter fiscal 2024 earnings that topped Wall Street expectations and raising its full-year revenue guidance. Excluding items, MillerKnoll said it now expects earnings per share to be between $1.85 and $2.15 per share, up from previous guidance of $1.70 to $2.00 per share.

charging point, Blinking Charging — Shares of ChargePoint and Blink Charger rose 4.1% and 5.5%, respectively, after UBS initiated coverage of the electric vehicle charging stock with a Buy rating. Both stocks are well-positioned to capitalize on accelerating EV adoption, the company wrote.

costco — Hypermarket stock prices rose 2.1% after strong fourth-quarter performance. Costco executives say store traffic is up and membership is up 8% year-over-year.

XPO — Shares rose about 2% after XPO stock was upgraded to outperform Evercore ISI, with analyst Jonathan Chappell highlighting its margin growth potential and strong pricing power.

Mattel — Shares of the toy maker rose more than 4% after Morgan Stanley began reporting an overweight rating on Mattel. The investment firm said Mattel expects sales and margins to expand in the third and fourth quarters, driven by the success of the “Barbie” movies.

Amazon — Amazon shares fell 1% Wednesday, a day after the Federal Trade Commission filed its long-awaited antitrust lawsuit. The stock fell 4% Tuesday.

Levi Strauss & Company — The clothing maker added 1.2% after TD Cowen began coverage with an outperform rating. The company said Levi’s is in the “early stages of a good denim cycle.”

guardian health — The oncology company rose 5.6% after Piper Sandler upgraded it from a neutral rating to an overweight rating, saying the recent sell-off presents a “compelling opportunity” for investors.

AAR Corporation — Shares of the aircraft services company rose 2.3% on the back of its quarterly earnings report. The company beat analysts’ forecasts for revenue and revenue for the first quarter of fiscal 2024, reporting quarterly revenue of $550 million, up 23% from the previous year.

Cosmos Energy — Kosmos Energy’s stock surged more than 6% after Bank of America upgraded the upstream oil company from a neutral rating to a buy, saying its current valuation was attractive.

— CNBC’s Brian Evans, Alex Harring, Jesse Pound and Ha-Kyung Kim contributed reporting.

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