Check out the companies making headlines in midday trading: 3M — The stock skyrocketed more than 18% to hit a 52-week high after the maker of office supplies and adhesives reported stronger-than-expected quarterly results. 3M posted second-quarter adjusted earnings of $1.93 per share, exceeding an LSEG estimate of $1.68 per share. Its revenue also came in above expectations. Dexcom — Shares plummeted more than 40% after the medical device maker missed expectations for second-quarter revenue and offered weak full-year guidance for the measure. Dexcom said it earned $1 billion in revenue during the three-month period, under the consensus forecast of $1.04 billion from analysts polled by LSEG. Coursera — The online course provider soared 37.8% after reporting $170 million in second-quarter revenue, above the consensus estimate of $164 million from analysts surveyed by LSEG. On the other hand, the company said it lost 15 cents a share, much wider than the anticipated earnings of 1 cent per share. Newell Brands — The Rubbermaid and Yankee Candle parent surged 38.8% after announcing adjusted earnings of 36 cents per share for the second quarter, well above the consensus estimate of 21 cents a share, according to LSEG. However, Newell saw just $2.03 billion in revenue, slightly under the $2.05 billion figure expected by Wall Street. Deckers Outdoor — Shares of the footwear company advanced 7.8% on its better-than-expected fiscal first-quarter earnings report. Deckers, which saw its sales boosted by brands Uggs and Hoka, posted earnings of $4.52 per share on revenue of $825 million. That exceeded analysts’ expectations for earnings of $3.48 per share on revenue of $808 million, per LSEG. Boston Beer — The alcoholic beverages producer popped 3.6% after reaffirming its outlook for full-year earnings per share despite a weak second quarter. Boston Beer earned $4.39 per share on $579 million in revenue, while analysts surveyed by LSEG penciled in earnings of $5.02 a share and revenue at $597 million. Mohawk Industries — The flooring company rallied 17% on a stronger-than-expected adjusted earnings in the second quarter. Mohawk also said it would be able to generate annualized savings of $100 million through cost-cutting initiatives. Bristol Myers Squibb — The pharmaceutical stock surged almost 9% after beating estimates on the top and bottom lines in its second-quarter report. Bristol Myers Squibb posted adjusted earnings of $2.07 per share on $12.20 billion of revenue. Analysts surveyed by LSEG were looking for $1.63 in earnings per share on $11.55 billion of revenue. Revenue rose 9% year over year, fueled in part by the blood clot prevention drug Eliquis. Norfolk Southern — Shares of the railroad operator gained 10% after a second-quarter earnings beat. Norfolk Southern’s adjusted earnings came in at $3.06 per share, exceeding the $2.86 per share analysts polled by LSEG had predicted. Revenue was in line with expectations. WW International — The Weight Watchers parent tumbled 11.7% following a Morgan Stanley downgrade to equal weight from overweight. Morgan Stanley said medications used for treating obesity are a long-term headwind on the company’s main business. Charter Communications — The telecommunications company popped 15% after posting $13.69 billion in revenue for the second quarter, above the $13.59 billion analysts polled by FactSet had predicted. Adjusted earnings before interest, taxes, depreciation and amortization came in at $5.67 billion, also topping the Street’s forecast for $5.48 billion Coinbase — The crypto exchange’s stock added 3.7%, following the digital currency’s move higher. Bitcoin was last up more than 4%. Southwest Airlines — The air carrier’s stock slipped 2.7% on the back of a Deutsche Bank downgrade to hold from buy after its profit slid in the second quarter. In addition to reporting earnings this week, Southwest also announced major changes to its business, including the elimination of open seating. DoorDash — The food delivery stock advanced 3.7% after Redburn Atlantic initiated coverage as a buy. The firm gave a price target that indicates upside of approximately 68% from Thursday’s closing level. Alexander & Baldwin — Shares of the real estate investment trust surged 8%, hitting a new 52-week high, after reporting second-quarter results that beat expectations. Alexander & Baldwin posted revenue of $51 million, above the consensus estimate of $48.3 million, according to analysts polled by FactSet. Piper Sandler upgraded its rating on the stock to overweight from neutral, seeing further upside. First Solar — Shares gained 5% after Guggenheim reiterated its buy rating on the provider of solar solutions ahead of its second-quarter results next week. The firm thinks the market has “significantly overreacted” to potential political risks surrounding the upcoming election and sees the company as positioned to benefit from accommodative policy regardless of which party wins the White House. Sweetgreen — Shares rallied more than 5% after Oppenheimer reiterated the salad chain as a top pick. The stock has more than doubled in 2024. FTAI Aviation — The engine materials company popped 6.6% following Stifel’s upgrade to buy from hold. Stifel said the stock is worth buying given industry dynamics, even if considered expensive. Texas Roadhouse — The restaurant chain climbed 4.4% after second-quarter earnings topped expectations. Texas Roadhouse earned $1.79 per share, above the $1.64 per share estimate from analysts surveyed by LSEG. Revenue came in line with expectations at $1.34 billion. Colgate-Palmolive — The consumer packaged goods maker rose 4.4% on better-than-forecast earnings in the second quarter. Colgate-Palmolive reported adjusted earnings of 91 cents per share on $5.06 billion in revenue, while analysts polled by LSEG anticipated 87 cents a share and revenue of $5.01 billion. — CNBC’s Yun Li, Pia Singh, Sean Conlon, Jesse Pound, Hakyung Kim and Lisa Kailai Han contributed reporting.