Stocks making the biggest moves midday: Meta Platforms, Chipotle, Royal Caribbean and more

Here are the stocks making headlines on Wall Street on Thursday:

Meta Platforms – Shares of the Facebook-parent popped 6% to trade near their highest level since early 2022 after the social media company reported strong second-quarter results and issued optimistic guidance. Meta Platforms reported earnings of $2.98 per share on $32 billion in revenue. That surpassed the $2.91 per share and revenue of $31.12 expected by Refinitiv. A rebound in advertising also lifted earnings.