Stocks making the biggest moves in the afternoon: NCLH, TGT, AAP

The cruise ship Norwegian Dawn will arrive in the French Mediterranean port of Marseille on July 27, 2021.

Gerard Bottino | SOPA Images | LightRocket | Getty Images

Check out the companies making headlines in Tuesday afternoon trading.

Hims & Hers Health – Telehealth stock shares rose 17% after the company reported quarterly results that beat estimates. Him & Hers Health reported a loss of 5 cents per share on revenue of $167.2 million. Analysts had expected a loss of 7 cents per share on revenue of $161.2 million, according to Refinitiv.

Target — Shares rose 2.6% after the retailer’s fourth-quarter earnings and revenue beat expectations. Earnings per share came in at $1.89, versus the $1.40 analyst consensus polled by Refinitiv. However, Target’s full-year earnings forecast fell short of expectations.

Dish — Shares of the satellite provider fell 7.3% after the company disclosed that a previously disclosed “network outage” was the result of a cybersecurity breach. Bank of America also downgraded the stock’s rating to the stock to underperform buy. The bank said Dish could drop nearly 20% as the company’s timeline for building out its wireless network service extends.

Advance Auto Parts — The automotive aftermarket parts company gained 3.3% after reporting better-than-expected revenue and fourth-quarter earnings of $2.88 per share, beating StreetAccount’s $2 estimate. .41 exceeded.

Zoom Video Communications — The video communications business was up 1.2% after Zoom posted a top- and bottom-line beat for the fourth quarter. Zoom’s full-year revenue guidance was lighter than expected, but beat estimates of its 2023 earnings outlook.

Norwegian Cruise Line Holdings – The cruise line fell 12% after reporting a larger-than-expected fourth-quarter loss. Norwegian lost an adjusted $1.04 per share on $1.52 billion in revenue. Analysts polled by Refinitiv had forecast a loss of 85 cents per share on revenue of $1.5 billion.

Workday – The stock rose slightly after the human resources software company beat expectations for fourth-quarter revenue and earnings. However, Workday’s revenue guidance for the first quarter was lighter than expected.

Meta — Shares of the Facebook parent company rose 3.3%. Bank of America included Meta among its top picks in artificial intelligence. On Monday, the company announced that it is launching a new team to develop AI products for the company.

Universal Health Services — Shares lost 9% after the company issued disappointing full-year earnings guidance. Universal Health Services expects full-year earnings per share to be in the range of $9.50 to $10.50 per share. Analysts were expecting a forecast of about $10.80 per share, according to StreetAccount.

— CNBC’s Michelle Fox Theobald contributed reporting.

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