Stocks making the biggest moves midday: La-Z-Boy, Rocket Lab USA, NextEra Energy and more

Check out the companies making headlines in midday trading. La-Z-Boy – The stock soared more than 19% after the furniture company topped Wall Street expectations for the fiscal fourth quarter. La-Z-Boy reported adjusted earnings of 95 cents per share on revenue of $554 million. This is above earnings estimates of 70 cents per share on revenue of $516 million, according to analysts polled by LSEG.

NextEra Energy – Shares tumbled more than 3% after the company said it plans to sell $2 billion in equity units to fund power and energy projects and pay back debt. Lennar – The homebuilder's stock fell around 4.5% after the company projected in its fiscal third-quarter guidance that new orders would decrease quarter over quarter. However, the company posted better-than-expected results for the second quarter, reporting $3.45 in earnings per share on $8.

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Watch Rocket Lab launch a NASA climate change cubesat early on May 25Michael Wall is a Senior Space Writer with Space.com and joined the team in 2010. He primarily covers exoplanets, spaceflight and military space, but has been known to dabble in the space art beat. His book about the search for alien life, 'Out There,' was published on Nov. 13, 2018.
Source: SPACEdotcom - 🏆 92. / 67 Read more »

Stocks making the biggest moves premarket: La-Z-Boy, NextEra Energy, Kroger, Lennar and moreThese are the stocks posting the largest moves in premarket trading.
Source: CNBC - 🏆 12. / 72 Read more »