Check out the companies making headlines in midday trading.
. GameStop lost an adjusted 32 cents per share for its second quarter, wider than the 21 cent loss that Wall Street analysts were expecting. The videogame retailer also saw revenue fall short of forecasts, and it also cut its sales forecast.— Shares of Zscaler plunged a whooping 23% after the cyber security company cut earnings outlook for the next fiscal year.
The company said it expects to post adjusted earnings of between 12 cents and 15 cents a share next year, below analysts' estimate of 19 cents a share.— Shares of Callaway Golf rose 3% after an analyst at Raymond James upgraded the golf equipment maker to outperform from market perform.
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