Stocks making the biggest moves midday: Walgreens, Birkenstock, Ford, Spotify and more

Check out the companies making headlines in midday trading. Walgreens Boots Alliance — Walgreens Boots Alliance popped nearly 6% in midday trading after sharing that it's made progress in its cost-cutting program. The retail pharmacy giant on Thursday missed fiscal fourth-quarter earnings estimates , reporting an adjusted 67 cents per share, while analysts polled by LSEG forecasted 69 cents per share.

The drop in shares came even after Barclays upgraded First Solar to an overweight rating . The Wall Street firm said the company's current valuation offers an attractive entry point for investors and that shares trade at a discount to competitors. Ford Motor — Shares of the automaker slipped roughly 2%. The action comes a day after the United Auto Workers launched a strike against Ford's Kentucky truck plant, signifying an escalation in its dispute with the automaker.

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HP Inc., Silk Road Medical, Walgreens, Fresenius Medical, Birkenstock, and More Stock Market MoversHP Inc. is increasing its annual dividend by 5%, Silk Road Medical reduces full-year revenue guidance, and Birkenstock makes its trading debut Wednesday.
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