A Norwegian Gateway cruise ship leaves from the Manhattan port during sunset in New York City, United States on April 10, 2022.
Tayfun Coskun | Anadolu Agency | Getty Images
Check out the companies making the biggest moves midday:
Norwegian Cruise Line — Shares sunk more 4.83% after the cruise ship operator reported in a filing with the Securities and Exchange Commission that it will report a net loss for the fourth quarter and full year of 2022, as well as the first quarter of 2023.
Charles Schwab — The bank stock lost 6.22% after Bank of America double-downgraded shares to an underperform rating, saying that clients will continue moving cash into alternatives such as money market funds.
Vornado Realty Trust — Shares of the real estate investment trust shed 3.9% after cutting its quarterly dividend to 37.5 cents per share from 53 cents. Vornado Realty, which owns commercial properties in cities such as New York and San Francisco, cited the current state of the economy and capital…
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