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Stocks making the biggest moves midday: Netflix, Block, Snap, KB Home and more

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Check out the companies making the biggest moves midday:


Blockshort seller Hindenburg Research announced its latest position in the stock. The firm alleges that Block facilitates fraud and described the company’s internal systems as a “Wild West” approach to compliance.

Meta PlatformsSnaptestified before the House Energy and Commerce Committee. The company faces a potential ban in the U.S. over privacy concerns. Snap gained 3.08%, while Facebook-parent Meta rose 2.24%.

First RepublicPacWest

Regeneron PharmaceuticalsSanofi

KB Home

Worthington Industries

Coinbaseit identified possible violations of U.S. securities law. Oppenheimer also downgraded the stock to perform from outperform, citing the SEC notice and concerns over blockchain development in the U.S.


AMCApple plans to spend $1 billion a year on theatrical film releases.


Fordautomaker’s latest financial results. Ford now breaks out those results by business unit instead of region. It’s EV business lost $2 billion in 2022, which was offset by $10 billion in operating profit between its internal combustion and fleet business.

— CNBC’s Sam Subin, Yun Li and Alex Harring contributed reporting.

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