Stocks making the biggest moves midday: Salesforce, Kohl’s, HP, Best Buy and more

[mwai_chat context=”Let’s have a discussion about this article:nnCheck out the companies making the biggest moves midday: Salesforce — The cloud software vendor tumbled 20.5% after reporting weaker-than-expected revenue and issuing guidance that fell short of Wall Street’s expectations. Its fiscal first-quarter revenue was $9.13 billion, versus the $9.17 billion expected from analysts polled by LSEG. It was the first time since 2006 that Salesforce missed on revenue. Kohl’s — The department store chain plunged 25% after it reported a first-quarter loss of 24 cents per share. Analysts polled by LSEG had expected a gain of 4 cents per share, according to LSEG. Revenue also came in below expectations. HP — Shares surged more than 17% a day after the company posted better-than-expected quarterly results. HP reported fiscal second-quarter earnings per share of 82 cents on $12.8 billion of revenue. Analysts polled by LSEG had forecast earnings per share of 81 cents on $12.60 billion of revenue. Foot Locker — Shares jumped 19.5% after the retailer reported an earnings beat for its first quarter. Foot Locker’s earnings per share came in at 22 cents, versus the LSEG consensus estimate of 12 cents per share. UiPath — The stock sank 35% after the software company said it anticipates revenue between $300 million and $305 million for the second quarter, lower than the $342.3 million expected from analysts polled b …nnDiscussion:nn” ai_name=”RocketNews AI: ” start_sentence=”Can I tell you more about this article?” text_input_placeholder=”Type ‘Yes'”]