Stocks making the biggest moves midday: Sweetgreen, Doximity, E.l.f. Beauty and more

Here are the major players making waves in today’s midday trading:

Sweetgreen’s shares rocket up by 24% following second-quarter revenue of $184.6 million, surpassing the predicted $181 million as per LSEG. Updated annual revenue predictions are between $670 million and $680 million, exceeding analyst’s $674 million forecast.

Doximity’s shares spike by over 31% due to first-quarter earnings exceeding expectations, with 28 cents per share outshining the 22 cents per share forecast by FactSet.

E.l.f. Beauty’s stocks plunge by nearly 15% following new projections indicating potential lull in growth for the cosmetics titan.

Unity Software’s shares leap over 10% on the back of greater than expected second-quarter revenue and earnings. Unity reported a lesser loss compared to predictions by LSEG.

The Trade Desk’s stocks see an increase of over 9% after raising its third-quarter revenue outlook and surpassing second-quarter earnings expectations.

Capri Holdings’ shares drop by around 4% in the face of fiscal first-quarter results falling short of expectations.

Expedia sees a 8% rise in stock value in the aftermath of exceeding earnings and revenue expectations.

Take-Two Interactive Software’s shares experience a 3% rise following the video game giant maintaining its full-year bookings and earnings forecasts.

Akamai Technologies’ stocks climb over 9% following a robust second-quarter performance, exceeding expectations, and raising its full-year outlook.

Insulet’s shares dip by 7% as management reports a slowdown in new patient growth due to less market switchovers from competitors.

Paramount Global’s stocks rally by nearly 3% after announcing plans for a 15% workforce reduction in the U.S, even as earnings surpass expectations but revenue falls short.

CyberArk’s shares ascend by 2.9% after a positive performance at its Thursday earnings report, with Bank of America terming it as a “diamond in the rough.”