Stocks making the biggest moves midday: Tapestry, Capri, L3Harris Technologies and more

Take a look at the major market movers in the middle of the trading day.

Tapestry and Capri have made quite a splash. Tapestry’s stock saw a 14% boost, while Capri’s shares took a 47% hit. This came as a court sided with the Federal Trade Commission in its bid to prevent Tapestry from taking over Capri.

Getting a slice of the action, L3Harris Technologies saw a 3.5% share increase following a fruitful third quarter. The company exceeded expectations on both revenue and profit, and also upped the lower limit of its annual earnings projection.

Despite surpassing market expectations, Colgate-Palmolive saw a dip of more than 3%. The company delivered adjusted earnings of 91 cents on a revenue of $5.03 billion, compared to the anticipated 89 cents earnings per share and $5 billion revenue.

Western Digital made waves with its shares surging 7% after beating earnings expectations in the fiscal first quarter. However, its revenue of $4.1 billion fell just short of the forecasted $4.12 billion.

Digital Realty Trust rode a wave of success with an 11% jump in shares thanks to record lease bookings for the Q3.

Coursera, in contrast, saw an 8% drop in its shares. Despite Q3 results surpassing expectations, the company indicated weak demand and retention trends for Q4.

ResMed, a medical equipment manufacturer, enjoyed a 7% boost following a successful fiscal first quarter that surpassed analyst estimates.

HCA Healthcare experienced a decline of over 9% despite its Q3 earnings being only slightly below expectations.

Finally, Booz Allen Hamilton shares soared by nearly 10% after the defense contractor raised its full-year earnings and revenue growth forecast.