Investors kept an eye on the midday market moves as shares of several companies witnessed notable changes. Affirm skyrocketed 2.4% after partnering with Amazon to provide customers with a pay-over-time plan. Stitch Fix gained 27.99% following its third-quarter earnings report which contained a narrower-than-expected loss. Warner Bros. Discovery's stock went up 8.43% in response to the departure of CNN CEO Chris Licht. Dave & Buster's saw an 18.29% jump after beating analyst expectations on its quarterly earnings. GameStop had a 5.75% increase in advance of their quarterly results. Petrobras rose 2.92% after Morgan Stanley upgraded it to overweight from equal weight. Tesla increased 1.47% after announcing a $7,500 tax credit through the Inflation Reduction Act on their new Model 3 and Model Y cars. Yext experienced a 38.44% surge due to their earnings beat. Super Micro Computer had a 2.84% rise with Rosenblatt initiating coverage with a buy rating and $300 price target. On the other hand, Campbell Soup fell 8.91%, reaffirming its full-year guidance beneath analyst expectations. Mobileye Global advanced 2.84% after Canaccord Genuity initiated coverage with a buy rating. Coinbase was up 3.2% following a 12% fall the day before due to the U.S. Securities and Exchange Commission filing a lawsuit against them.
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