Kohl’s, Medpace, General Motors, Lockheed Martin, Northrop Grumman: Stocks Making The Biggest Moves Today

From retail to defense and pharmaceuticals, here are the stocks making the biggest moves today.

U.S. equities traded lower in Tuesday’s midday trade, with the SPDR S&P 500 ETF (SPY), which mirrors the S&P 500 index, down 0.15% at the time of writing, while the Invesco QQQ Trust (QQQ), which mirrors the Nasdaq, fell 0.63%.

Here are the top stocks making the biggest moves in Tuesday’s midday trade:

Kohl’s Corp. (KSS)

Kohl’s stock climbed rapidly on Tuesday, in a move that’s reminiscent of meme stocks skyrocketing without any corporate announcements.

What contributed to the rapid surge in Kohl’s stock was a Reddit-driven rally capitalizing on heavily shorted stocks. According to Stocktwits data, short interest in the KSS stock stood at 49.31% of the total float of 107 million shares.

KSS stock is down 3% for the year despite Tuesday’s rally.

Medpace Holdings Inc. (MEDP)

Medpace shares skyrocketed on Tuesday, gaining more than 51% at the time of writing after the company’s second-quarter (Q2) results surpassed Wall Street expectations.

Medpace reported earnings per share (EPS) of $3.1, beating an expected $2.97. The company guided for revenue of $2.42 billion to $2.52 billion, representing a year-on-year growth of 14.7% to 19.5%, and surpassing expectations of $2.19 billion.

MEDP stock is up 40% year-to-date.

General Motors Co. (GM)

General Motors’ shares tumbled nearly 7% on Tuesday after the company reported a $1.1 billion hit from President Donald Trump’s tariffs. The automaker also expects the tariff impact to worsen in the second half of the year.

GM stock is down 7% for the year.

Lockheed Martin Corp. (LMT)

Lockheed Martin’s shares tumbled over 9% in Tuesday’s midday trade after the defense contractor reported $1.6 billion in program losses during Q2, dragging its EPS to $1.46. This was significantly lower than the Wall Street consensus of $6.52, according to Stocktwits data.

LMT stock is down 13% year-to-date.

Northrop Grumman Corp. (NOC)

Northrop Grumman shares surged 9% on Tuesday after the company reported EPS of $8.15 during Q2, beating the expected $6.84, according to Stocktwits data. Its revenue during the quarter stood at $10.35 billion, ahead of an expected $10.06 billion.

NOC stock is up 20% year-to-date.

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