Check out the companies making headlines in midday trading: Walmart — The big-box retailer saw shares jump nearly 5% to hit a record after the retail giant topped fiscal third-quarter earnings and revenue expectations.
The retailer also hiked its outlook again as it saw growth in e-commerce and improvements in sales outside of the grocery aisles.
Lowe's — The home improvement retailer dropped more than 3% after saying it expects sales to decline in 2024 .
Kraft Heinz — The packaged food company dipped about 1% after a Piper Sandler downgrade to neutral from overweight.
Insmed — Shares rallied more than 8% after the drugmaker terminated a $500 million equity sales agreement with health-care investment bank Leerink Partners.
Persons:
Young, Lowe's, Kraft Heinz —, Piper Sandler, Kraft Heinz, Robert F, Kennedy Jr, Trump, —, Wall, Symbotic, Donald Trump's, Jesse Pound, Yun Li, Sarah Min, Alex Harring, Sean Conlon, Pia Singh
Organizations:
Walmart, BDO, Ernst, Nasdaq, Leerink Partners, Viking Holdings, Revenue, Intuit, Washington Post, Donald Trump's Department, Government