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Stocks making the biggest moves midday: Southwest Airlines, Qualcomm, Roku, Clorox and more



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Southwest Airlines planes sit idle on the tarmac after Southwest Airlines flights resumed following the lifting of a brief nationwide stoppage caused by an internal technical issue, according to the U.S. Federal Aviation Authority (FAA), at Chicago Midway International Airport in Chicago, Illinois, April 18, 2023.Jim Vondruska | ReutersCheck out the companies making headlines in midday trading.Roku — The streaming platform’s stock shed nearly 2% after Citi downgraded shares to neutral from buy. The firm said that Roku shares, which have jumped about 120% year to date, may have limited further upside.related investing news 20 hours ago 2 days agoSimon Property Group  — Shares dropped close to 6% after Simon Property Group reported a decline in funds from operations compared to a year ago. During the second quarter, funds from operations came in at $2.88 per diluted share, compared to $2.91 per diluted share in the year-ago period.Southwest Airlines — Shares slipped 2.5% after Jefferies downgraded the air carrier to underperform from hold. The firm cited difficulty competing against premium providers.Etsy — Stock in the e-commerce company plummeted nearly 12% after reporting quarterly results. Etsy disappointed investors on Wednesday with lower forward guidance despite a second-quarter earnings beat.Qualcomm — The chipmaker tumbled 9%. Qualcomm posted adjusted revenue of $8.44 billion, …

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