people wait in line for tshirts at a popup kiosk for the online brokerage robinhood along wall street after the company went public with an ipo earlier in the day on july 29 2021 in new york city check out the companies making headlines in midday trading facebook shares of facebook fell 41 after the social media giant said it underreported ad performance on iphones facebook said apples privacy measures in its ios operating system caused the underreporting robinhood robinhood shares added 39 after the trading app announced it is testing crypto wallets with select clients next month the move is the latest expansion for robinhood in the cryptocurrency space apa devon energy occidental petroleum energy stocks were among the sp 500s top gainers as crude oil prices rose apa gained 79 devon energy rose 73 and occidental petroleum added 66 general mills shares of general mills added 44 after the food companys quarterly earnings beat the street general mills reported adjusted earnings of 99 cents per share compared with the analysts consensus of 89 cents per share according to streetaccount quarterly revenue also topped projections adobe adobe shares fell about 3 despite the software companys quarterly financial results beating wall street expectations the company reported earnings of 311 per share on revenue of 394 billion analysts expected earnings of 301 per share on revenue of 389 billion according to refinitv fedex shares of the delivery company plunged over 8 after the firm posted cut its fullyear forecast on tuesday fedex said its quarterly results were affected by labor shortages which slowed packages and drove up costs ahead of the holiday peak season stitch fix shares of the online fashion styling company soared 137 following its stellar quarterly earnings stitch fix reported earnings per share of 19 cents compared to the loss of 13 cents expected according to refinitiv revenue came in at 571 million topping estimates of 548 million sofi shares of the financial services startup sofi jumped over 11 after jefferies initiated coverage of the stock with a price target of 25 which is more than 64 above where it closed tuesday analyst john hecht said it has multiple avenues for growth citing its synergistic business model and recently acquired tech platform galileo disney disney shares rose 15 after credit suisse called tuesdays selloff of the stock overblown and said its maintaining its outperform rating on it the bank has a price target of 218 per share 27 higher than its tuesday closing price sunpower shares of sunpower jumped more than 5 after evercore isi initiated coverage of the stock with an outperform rating the firm said the solar installer has been overlooked by investors in recent years and is now trading at a discount relative to peers incyte incyte shares fell 68 after the food and drug administration approved the pharmaceutical companys eczema cream but with boxed warnings simon property group shares of the mall operator rose 26 after argus research upgraded simon property to buy from hold the firm said in a note to clients that simon was rebounding more quickly than expected from the pandemic shutdowns in 2020