Stocks making the biggest moves midday: Sonoma Pharmaceuticals, Braze, Adobe and more

CNBC

2023-06-09 16:46:44 • 2 mins

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Check out the companies making headlines in midday trading.

Braze Shares of the consumer engagement platform rallied more than 18%. On Thursday, Braze posted a non-GAAP loss of 13 cents on revenue of $101.8 million. Analysts called for a loss of 18 cents per share and revenue of $98.8 million, according to FactSet. Goldman Sachs reiterated its buy rating on the stock following the report, noting that artificial intelligence should help the company gain market share.

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