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Stocks making the biggest moves midday: AAPL, ROST, INTU, BAH

by Investor News Today
May 23, 2025
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Stocks making the biggest moves midday: AAPL, ROST, INTU, BAH
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Try the businesses making headlines in noon buying and selling: Booz Allen Hamilton — Shares of the consulting agency misplaced 15% after Booz Allen Hamilton mentioned it could minimize roughly 2,500 jobs, or 7% of its workforce, citing a slowdown in some authorities spending below the Trump administration and anticipated ongoing stress on its enterprise within the first half of the fiscal yr. Intuit — Shares of Intuit, which owns TurboTax and QuickBooks software program, popped 7.5% after the corporate reported robust quarterly outcomes . Intuit mentioned its income within the fiscal third quarter elevated 15% to $7.8 billion. Apple — The tech large’s inventory slid 2.6% after President Donald Trump threatened that Apple must pay a tariff of 25% or extra for iPhones made exterior the U.S. Manufacturing of Apple’s flagship telephone occurs primarily in China, however the firm has been shifting manufacturing to India amid Trump’s commerce warfare. Nuclear shares — Shares tied to nuclear power obtained a bump after Reuters reported , citing sources, that Trump will signal orders to spice up nuclear energy as quickly as Friday. Shares of Oklo and NuScale popped 24% and 14.5%, respectively, whereas Cameco rose 9%. Constellation Power added 2.8%. Ross Shops — Shares fell 11% after the off-price retailer withdrew its full-year forecasts , citing uncertainty round tariffs. Ross Shops’ second-quarter earnings steerage was additionally under Wall Road’s expectations. Deckers Outside — The Ugg boots maker noticed its shares drop 19% after Deckers declined to offer full-year steerage for fiscal 2026, citing “macroeconomic uncertainty associated to evolving world commerce insurance policies.” Wolfspeed — Shares of the semiconductor parts maker plunged 13%. The corporate is making ready to file for chapter inside weeks. StepStone Group — The funding agency climbed greater than 4% after outcomes for the fiscal first-quarter beat expectations. StepStone reported adjusted earnings per share of 68 cents, whereas analysts surveyed by FactSet had been anticipating 44 cents per share. Adjusted income of $295.9 million was additionally forward of a $229.4 million projection. Workday — Shares of the human sources software program firm dropped 11.8%. Workday issued second-quarter subscription income forecast of $2.16 billion, which got here according to the consensus estimate of analysts polled by StreetAccount. Tesla — The electrical car maker fell barely even after Wedbush Securities analyst Dan Ives lifted his value goal on Tesla shares forward of the corporate’s anticipated robotaxi launch in Austin, Texas, subsequent month. “The golden age of autonomous is now on the doorstep for Tesla,” the analyst mentioned. — CNBC’s Alex Harring, Jesse Pound, Yun Li and Michelle Fox contributed reporting.



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