Check out the companies making headlines in midday trading.
— Shares of FLIR Systems popped more than 9%, the best performer in the S&P 500 as of midday, after the commercial company reported earnings that matched expectations. The company earned 42 cents per share in the first quarter, in line with FactSet estimates. Revenue came in slightly higher than expectations.— Shares jumped more than 5% after the company beat top and bottom line estimates in the first quarter.
7% after the company announced that it would permanently close 16 of its stores. Nordstrom also announced other restructurings that it said will save $150 million. The stock is down more than 58% for the year as retail stores are still completely closed in many parts of the United States due to the pandemic.— The toy stock slid more than 5% after the company missed Wall Street expectations on the top and bottom lines for its first quarter.
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