A man walks in front of a Peloton store in Manhattan on May 05, 2021 in New York.
John Smith | Corbis News | Getty Images
Check out the companies making headlines in midday trading.
Bed Bath & Beyond – Shares of Bed Bath & Beyond surged 14% on a Wall Street Journal report that the retailer had secured new financing that would help boost its liquidity.
Peloton – Shares jumped 18% after news that Peloton struck a deal to sell some of its fitness equipment and accessories on Amazon’s U.S. e-commerce site. The move is an attempt to broaden Peloton’s consumer base after revenue growth slowed from pandemic highs. The stock is down more than 60% year-to-date.
Toll Brothers – Shares of the luxury home builder rose 2.6% despite a revenue miss in the recent quarter and a cut to its delivery guidance amid supply chain disruptions and labor issues. Toll Brothers topped earnings expectations by…
