By Sam Boughedda
Investing.com — U.S. indices were mixed on Thursday with the Nasdaq up nearly 0.88% midday. Here are your noon movers for Thursday, May 19th.
Big BJ Club (NYSE:BJ) beat earnings and revenue expectations. Same-store sales were better than expected, while the company said membership had never been stronger. Canada Goose (NYSE:GOOS) jumped 10% after the luxury winterwear retailer forecast full-year profit above market estimates as inflation has yet to impact demand for luxury goods . After first tumbling, kohls (NYSE: KSS) is now up 1.67%. The company’s shares fell earlier in the session after it cut its full-year profit forecast, becoming the latest retailer to warn of the impact of inflation on its business. under protection (NYSE:UA) The stock is down 12% following news that its CEO Patrik Frisk will resign effective June 1 and be replaced on an interim basis by COO Colin Browne. The company’s shares were downgraded to Equal Weight from Overweight by Morgan Stanley, which said the CEO’s departure reduced confidence in the company’s turnaround. Cisco Systems Inc. (NASDAQ:CSCO) plunged 13% after cutting its 2022 revenue growth forecast due to Covid-related lockdowns in China and the Ukraine conflict. NeuroMetrix Inc (NASDAQ:NURO) Shares jumped 38% after news that its Quell wearable neuromodulation device received De Novo clearance from the FDA to reduce fibromyalgia symptoms in highly pain-sensitive adults.