Monday, August 15News That Matters

Tag: Wayfair

Stocks making the biggest moves midday: Alibaba, Wayfair, Humana and more

Traders wait for the Wayfair IPO on the floor of the New York Stock Exchange October 2, 2014.Lucas Jackson | ReutersCheck out the companies making headlines in midday trading.Alibaba — Shares dropped more than 5% after Ant Group's record-setting initial public offering in Shanghai and Hong Kong was suspended. Alibaba owns roughly 33% of Ant Group.Wayfair — The e-commerce name advanced more than 4% after the company reported quarterly numbers that beat analyst expectations on both the top and bottom lines. Wayfair earned $ 2.30 per share on an adjusted basis, which was nearly triple the 80 cents analysts surveyed by Refinitiv expected. Revenue came in at $ 3.84 billion, which was also ahead of expectations.SolarEdge Technologies — Shares of the solar-equipment maker slid more than 23% aft...