Check out the companies making headlines in midday trading:

Nordstrom
Retail stocks fell 8.1% after CEO Erik Nordstrom said the company had seen a slowdown in sales starting in late October. Nordstrom’s third-quarter revenue of $3.46 billion was above the LSEG consensus of $3.35 billion.

horsepower
Shares of the PC maker lost more than 11% and headed for their worst session since 2020 due to weaker-than-expected earnings guidance. HP said it expects earnings, excluding items, to range between 70 cents per share and 76 cents per share, versus a FactSet estimate of 85 cents per share.

urban providers
Shares rose 18.3% after the retailer reported adjusted earnings of $1.10 per share for the third quarter, beating the 86 cents expected by analysts surveyed by LSEG. Revenue also beat expectations, coming in at $1.35 billion versus the consensus estimate of $1.34 billion.

Dell Technologies: The PC maker saw its shares fall 12.3% after the company reported a revenue loss and forecast fourth-quarter revenue and earnings below Wall Street expectations. Ahead of Tuesday night’s earnings report, Dell shares had soared 86% in 2024 as investors viewed the company as one of the biggest companies selling tools and systems for AI developers.

Crypto Stocks: Stocks linked to the price of bitcoin rose in midday trading as the cryptocurrency climbed back to $100,000, following a 10% drop earlier this week. Coinbase cryptocurrency exchange
up 6%, while bitcoin proxy MicroStrategy
advanced 9.9%. Robinhood
gained more than 3%.

CrowdStrike: Cybersecurity stock fell 4.6% thanks to slightly lighter-than-expected guidance from the company. CrowdStrike forecasts between 84 cents and 86 cents in earnings per share in the fourth quarter, while analysts expected 86 cents per share, according to LSEG data. CEO George Kurtz said on a call with analysts that the company expects net new annual recurring revenue to recover in the second half of 2025, which may be further off than some investors expected.

ambarella
Shares advanced 5.9% after the semiconductor design company presented an optimistic outlook for the fourth quarter. Ambarella expects revenue of between $76 million and $80 million, while analysts surveyed by LSEG had forecast $69 million. Ambarella’s third-quarter adjusted earnings and revenue also topped analyst expectations.

Workday: Shares fell 6.2% after the human resources software company issued weaker-than-expected fourth-quarter guidance. The company expects $2.025 billion in subscription revenue and an adjusted operating margin of 25%. However, analysts surveyed by StreetAccount expected $2.04 billion in subscription revenue and a 25.5% margin.

Autodesk: The software company fell more than 8% after its fourth-quarter guidance missed analyst estimates. Autodesk expects earnings per share to be between $2.10 and $2.16, excluding items, and revenue of between $1,623 and $1,638 million. Analysts surveyed by LSEG expected earnings of $2.12 per share on $1.62 billion in revenue. Autodesk also named Janesh Moorjani as its chief financial officer, effective December 16.

SolarEdge Technologies
Clean energy stocks rose 8.5% after the company closed its energy storage division. SolarEdge also announced it would cut 500 jobs, or about 12% of its staff. The stock is down about 84% in 2024.

symbolic
Robotics stock fell 35.9% after the company reported accounting errors that caused the delay in its 10K filing. Symbotic also lowered its first-quarter guidance due to errors related to cost overruns.

CNBC’s Yun Li, Tanaya Macheel, Michelle Fox, Jesse Pound, Samantha Subin and Sean Conlon contributed reporting.