BYND - Hot Stocks: BYND EXPE fell on analyst comments; KR earnings; RDBX continues volatility
While the overall market focused on macro issues, like the economy and interest rates, a few individual stocks moved on corporate news during Thursday's midday trading. Kroger (KR) slipped following the release of its quarterly results. Meanwhile, Beyond Meat (NASDAQ:BYND) and Expedia (EXPE) both dropped in the wake of analyst comments. On the upside, Redbox (RDBX) bucked the overall negative sentiment on Wall Street, continuing its recent volatility with another double-digit percentage advance. Decliners Kroger (KR) edged down following the release of its quarterly results. The stock dipped 1% in midday trading amid some margin concerns. However, the decline was less pronounced than the overall market, with the S&P 500 down more than 3%. Even with the margin worries, the company topped expectations with its top and bottom lines and raised its forecast for 2022. Meanwhile, Beyond Meat (BYND) also posted midday weakness. Shares retreated nearly 7% after BTIG indicated
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Hot Stocks: BYND, EXPE fell on analyst comments; KR earnings; RDBX continues volatility