GME - Midday Hot Stocks: CLF DHI fall on earnings; RGP rises; more regulatory headaches for AAPL; GME plans to update stores
Matteo Colombo/DigitalVision via Getty Images Another round of earnings reports on Thursday turned into another set of winners and losers on Wall Street. Cleveland-Cliffs (CLF) and D.R. Horton (DHI) both dropped in midday action after their respective quarterly reports. On the other side of the spectrum, strong financial figures inspired a rally in Resources Connection (RGP). Though earnings news dominated the headlines Thursday, some other favorite themes took their share of the spotlight as well. Regulatory fears resurfaced with a renewed look at Apple (AAPL) and other Big Tech mainstays. Meanwhile, Gamestop (GME) shared some details on how it would take advantage of its meme-stock status. Cleveland-Cliffs issued disappointing quarterly results. The company's Q2 EPS of $1.46 missed expectations by $0.05, though it did top revenue projections with a figure of $5B. Hurt by the earnings miss and conservative guidance, CLF slipped nearly 6% in midday trading. D. R. Horton
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Midday Hot Stocks: CLF, DHI fall on earnings; RGP rises; more regulatory headaches for AAPL; GME plans to update stores