These are the stocks posting the largest moves in midday trading.
— Shares of Advance Auto Parts jumped nearly 7% after the auto parts maker issued a positive outlook for the second quarter. The company said Tuesday its same-store sales have "improved significantly" each week for the first four weeks of the second quarter as the economy gradually reopens. However, the company reported worse-than-expected earnings and revenue for the first quarter.— The U.S.
Analysts polled by Revinitiv expected a profit of RMB 4 per share on sales of RMB 21.93 billion. "Despite shelter-in-place in the first quarter, Baidu's total revenues declined just 7% year-over-year, resulting from our diversified revenue streams, including marketing services for wide-ranging industries, new AI businesses and iQIYI," CEO Robin Li said in a statement.— Shares of the media juggernaut ticked 1.
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