These are some of the stocks making the biggest moves in midday trading on Friday:
$3M (MMM.US)$
— Shares surged more than 18% to hit a 52-week high after the maker of office supplies and adhesives reported stronger-than-expected quarterly results. 3M posted second-quarter adjusted earnings of $1.93 per share, exceeding an LSEG estimate of $1.68 per share. Revenue also topped Wall Street’s forecast.
$DexCom (DXCM.US)$
— Shares plummeted more than 40% after the medical device maker missed expectations for second-quarter revenue and offered soft full-year guidance for the measure. Dexcom said it earned $1 billion in revenue during the three-month period, under the consensus forecast of $1.04 billion from analysts polled by LSEG.
$Coursera (COUR.US)$
— The online course provider soared 37.8% after reporting $170 million in second-quarter revenue, above the consensus estimate of $164 million from analysts surveyed by LSEG.
— Shares surged more than 18% to hit a 52-week high after the maker of office supplies and adhesives reported stronger-than-expected quarterly results. 3M posted second-quarter adjusted earnings of $1.93 per share, exceeding an LSEG estimate of $1.68 per share. Revenue also topped Wall Street’s forecast.
$DexCom (DXCM.US)$
— Shares plummeted more than 40% after the medical device maker missed expectations for second-quarter revenue and offered soft full-year guidance for the measure. Dexcom said it earned $1 billion in revenue during the three-month period, under the consensus forecast of $1.04 billion from analysts polled by LSEG.
$Coursera (COUR.US)$
— The online course provider soared 37.8% after reporting $170 million in second-quarter revenue, above the consensus estimate of $164 million from analysts surveyed by LSEG.
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