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Stocks making the biggest moves midday: FedEx, Boeing, Ally, Domino's and more

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cnbc.com

In this article Check out the companies making headlines in midday trading. Boeing — The aerospace company was down 6% after it reached a $200 million settlement on charges of misleading investors following two of its jetliners being involved in deadly crashes.

FedEx — Shares were down about 4% and hit a new 52-week low after the delivery company announced plans toincrease rates between 6.9% and 7.9%.

Costco — The wholesaler, which said it would not raise membership prices this week, saw shares drop 4%. Costco released earnings that beat expectations and showed year-over-year gains, but also said it was experiencing higher labor and freight costs.

CalAmp — The software company plummeted 17% despite an earlier rally. CalAmp reported smaller losses than anticipated in its second-quarter earnings, while also noting record-setting revenue within subscription and software categories.

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