These are the headline-grabbing companies in midday trading.

Paramount Global – Shares fell 1.7% after the entertainment giant reported first-quarter revenue below expectations. StreetAccount’s consensus was $7.39 trillion. The revenue for the media company was $7.33 Billion. Paramount posted adjusted quarterly earnings at 60 cents per share, compared to 52 cents. This was above the StreetAccount consensus of $7.39 billion.

Logitech – The technology stock dipped 1.8% after the company reduced its fiscal year 2023 outlook due to the war in Ukraine. Wall Street was not expecting the same results from the company on its top and bottom lines.

Chegg – Shares cratered 28% despite the financial education company’s beat on earnings expectations. Chegg provided weak guidance for both the second quarter of this year and last. Further, executives noted that people are prioritizing earning over learning, which is leading to smaller course loads and delayed school enrollment.

Nutrien – Shares gained 6.7% after Nutrien raised its full-year guidance amid a surge in crop prices. StreetAccount estimates indicate that Nutrien posted weaker than expected earnings per share.

Hilton Worldwide – Shares of the hotel giant fell 2.2% after the company issued a lower-than-expected full-year outlook as part of its earnings report for the most recent quarter. Despite beating estimates, the stock price declined despite this guidance.

Biogen – Biogen shares jumped about 1.1% after the company beat on revenue and reported earnings that fell in line with estimates in the recent quarter. Biogen also announced that it had increased its revenue by 1.1%. CEO Michel Vounatsos would be stepping down.

Pfizer – Pfizer’s stock added 1.7% after earnings and revenue in the first quarterBoth the bottom and top lines beat expectations. On revenues of $23.86 billion, the company earned $1.62 per share. According to Refinitiv. Analysts had expected $1.47 per shares on revenues of $25.66 billion.

Expedia – The travel booking site operator’s shares tumbled by more than 13% after the company reported a mixed earnings report that led at least eight Wall Street analysts to cut their price targets on the stock. Expedia suffered a loss at 47 cents per Share in the most recent quarter. However, this was still less than expected. Refinitiv reported that Expedia lost 15 cents each share.

BP – The energy stock jumped about 7.7% after the oil company reported better-than-expected earnings and revenue for its latest quarter. BP had to pay $25.5 billion for the Russian exit.

Clorox — Shares rose about 2% after the maker of cleaning products surpassed earnings expectations. Clorox’s most recent quarter saw $1.31 billion in revenues, which equaled $1.31 per share. Refinitiv analysts surveyed forecasted earnings of 97c per share for revenues of $1.79billion. Refinitiv also reduced its estimates for full-year gross margins.

DocuSign – Shares fell 1.6% after Wedbush downgraded the stockTo underperform from neutral. Wedbush stated that the WFH beneficiary may see considerable growth in the future, which we believe is not factored in shares’ current price.

Tyson Foods – Shares pulled back nearly 3% after Piper Sandler downgraded the stockAccording to Piper Sandler, the rise in food costs could cause financial problems for the company as customers cut back their spending. Piper Sandler stated that consumers surveyed said they were cutting back on basic needs.

JPMorgan Chase, Morgan Stanley – Shares rose after Oppenheimer upgradedThe bank shares were said to be “on sale” following a pullback in this year’s stock prices. Morgan Stanley gained 3.1%, while JPMorgan Chase gained 2.9%.

Carvana – Shares sunk more than 5% after Wells Fargo downgradedThe stock should be equal in weight to overweight because there are no near-term catalysts.

Charter Communications – The cable company saw shares fall 1.5% after Bank of America downgraded the stockBroadband growth worries make it difficult to buy and neutralize the purchase option.

Estee Lauder – Shares dropped 4.8% after the beauty company missed revenue estimates in its latest quarterly report. Estee Lauder reported revenue of $4.25 Billion, compared to the $4.31 billion consensus estimate by Refinitiv.

Devon Energy – The energy stock jumped more than 9% after a stronger-than-expected quarterly report. StreetAccount reports that the company reported adjusted earnings of $1.88 per shares, compared to $1.75 expected.

— CNBC’s Samantha Subin, Sarah Min and Tanaya Macheel contributed reporting