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Stocks making the biggest moves midday: Ford, Scholastic, Squarespace, Deere and more

September 22, 2023

Via: CNBC
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Ford — Shares popped about 2% in midday trading after a CNBC report said both Ford and the United Auto Workers union are making headway on negotiations as the strike continues.

Squarespace — The website builder popped 4.2% after UBS initiated coverage of the stock at a buy. UBS said the company has a solid product suite and growing brand awareness.

Scholastic — The publishing and media company stock plummeted 13.2% after reporting an earnings miss on the top and bottom line. Scholastic reported an adjusted loss of $2.20 per share on $228.5 million in revenue, while analysts polled by FactSet forecast a loss of $1.35 per share and $268.79 million in revenue.

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