These are the stocks posting the largest moves midday.
— FedEx shares rose 1.2% after the company reported adjusted quarterly profit of $5.01 per share, beating a Refinitiv estimate of $4.85. Its revenue also outpaced expectations. Gains were kept in check, however, as the company warned the U.S.-China trade dispute and the end of its Amazon.
com contract would hurt its numbers moving forward.— Shares of Care.com, a service that helps connect people with care services like babysitters and elder care, fell 17.3% after the company announced Tuesday its chief financial officer, Michael Echenberg, would resign from the company. Echenberg will leave the company Aug. 30.
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