Stock Groups

Amazon, CrowdStrike, Micron and more


An informal settlement is divided by a wall, which divides a worker from the Amazon fulfillment centre, currently under construction in Tijuana Industrial Park (Mexico), September 7, 2021.

Jorge Duenes | Reuters

Take a look at the top midday traders.

Amazon — Amazon shares jumped more than 4% after the company said its board of directors has approved a 20-for-1 stock splitThe board announced Wednesday to investors that 20 shares will be given for every share they own. Also, the board approved a $10 Billion share buyback program.

CrowdStrike — Shares for the cybersecurity company gained more than 12% in midday trading, after disclosing strong quarterly profit and revenue in its earnings report Wednesday. CrowdStrike has a positive outlook for its 2023 fiscal year. It says it will continue to pursue market share, as cybersecurity worries rise.

Asana — The collaboration software company’s stock cratered 25% in midday trading. Asana foresees losses in the second quarter, which was higher than what analysts expected. The firm also announced a narrower-than-expected loss for its most recent quarter, as well as revenue that exceeded analysts’ estimates.

Genesco – Genesco shares soared more than 7%, as the footwear retailer reported better-than-expected quarterly revenue and profit. Genesco saw its same-store sales rise 10% while online sales jumped 36% in comparison to the year before.

Baker Hughes, Halliburton, Chevron— The energy companies are up in midday trading, boosted by demand for greater energy production after the U.S. banned Russian oil. There are now more oil rigs in operation. dropped to 250 last yearBaker Hughes data shows that the number of people employed in oil field services rose to 1,077 from 1,077 by 2018. Baker Hughes and Halliburton, oil field service companies, saw their share of the market rise more than 5% and 6% respectively. Chevron gained 2%.

SolarEdge Technologies, Sunrun, Enphase —Solar stocks tumbled more in midday trading. As oil and gas prices rose, the sector rallied. SolarEdge lost more than 6 percent, and Sunrun and Enphase both fell more than 3 percentage points.

Micron Technology, Advanced Micro Devices — Some semiconductor stocks dropped together in midday trading. Micron Technology fell 6.5% and Advanced Micro Devices lost 6.7%. Despite strong demand, chipmakers are facing supply chain issuesFor key materials arising from the Russia-Ukraine Conflict.

— CNBC’s Tanaya Macheel contributed reporting.