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Biggest Stock Moves at Midday: Nordstrom, Hasbro, Hawaiian Electric, Affirm and Beyond

Examine the leading firms making mid-day moves:Nordstrom slumped 8.6% despite topping second-quarter earnings and revenue predictions. Nonetheless, it is forecasting a low-single digit decrease in revenues and disclosed that theft-related losses are at "record levels." Affirm soared 30% after presenting fourth-quarter results above expectations due to higher gross merchandise volume, as well as strong guidance for the initial quarter.In contrast, Hawaiian Electric slumped 16% in response to Maui County filing a lawsuit against the utility over its role in the island's lethal wildfires.Hasbro surged 4.6% following Stifel increasing the stock's price target to $94 - implying around 43% potential upside - and including it in its top picks list, after Bank of America raised its target to $90. Advance Auto Parts diminished 6.1% after a deletion from the S&P 500. Meanwhile, shares of Workday, Intuit, Gap and Ulta Beauty advanced/dropped based on quarterly results surpassing/falling short of expectations respectively. Marvell Technology lost 7% in spite of a slight earnings beat. Finally, shares of Shift4 Payments rose 2.1% after a Morgan Stanley upgrade to equal weight from underweight.

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