Stocks making the biggest moves midday: Take-Two Interactive, Shake Shack, Ford
— Shares of the Canadian cannabis company rallied more than 8% on the back of strong production guidance for fiscal fourth quarter. Aurora expects cannabis production to be at the upper end of its range between 25,000kg and 30,000kg. That's a head of prior guidance of around 25,000kg.— The technology company's stock plummeted 20% on weak second-quarter results. Avid reported an adjusted profit of 2 cents a share. It was not clear if the earnings were comparable to estimates.
"We faced certain headwinds during Q2 related to our supply chain transition that brought our Q2 results below expectations," said CFO Ken Gayron.— Dean Foods plummeted 24.3% after the food and beverage company's second-quarter earnings missed Wall Street's estimates. The company reported an adjusted loss of 36 cents on revenue of $1.84 billion. Analysts had expected a loss per share of 13 cents on revenue of $1.88 billion, according to Refinitiv.
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