Check out the companies making the biggest moves midday:
Lululemonfourth-quarter outlook. In the third quarter, the company beat Wall Street’s expectations on the top and bottom lines.
Beyond Meatdowngraded by Argus to sell from hold. The firm’s analyst cited falling demand amid weaker economic conditions.
Teslasuspend Model Y assembly at its Shanghai plant between Dec. 25 and Jan. 1. Inventory levels at the plant had risen sharply over the summer.
Costcobest idea” heading into 2023, noting the company’s focus on value could be a winning strategy as consumers get more price conscious.
Bath & Body Worksboosted his stake in the retailer. Loeb said he might push for board charge to improve governance issues at the company.
— CNBC’s Carmen Reinicke, Alexander Harring, Tanaya Macheel and Christina Cheddar-Berk contributed reporting.