Stocks making the biggest moves midday: US Steel, Care.com, Carnival, Nike and more

Stocks making the biggest moves midday: US Steel, Care.com, Carnival, Nike and more

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Nike sneakers on display
Mike Pont | Bloomberg | Getty Images

Check out the companies making headlines in midday trading.
U.S. Steel — U.S. Steel shares dropped 8.1% after the company cut its dividend and issued fourth-quarter earnings guidance that was well below analyst expectations. The company expects it will lose $1.15 per share in the fourth quarter. Analysts polled by FactSet had forecast a…

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