Midday Movers: BA, C, GPS & More
Senior Editor, CNBC
Take a look at some of Thursday's midday movers:
Boeing hit a 52-week high. The U.S. National Transportation Safety Board released an interim report on its ongoing investigation of the lithium-ion battery system on the 787 Dreamliner, but said it still has not found the root cause of the January fire.
The financials sector was the best performing S&P 500 large-cap group ahead of the results of the Fed's stress test expected later Thursday. Citigroup hit a 52-week high.
But, in a consumer driven economy, it was February sales data that drove much of the action.
Gap rallied after the retailer reported same-store sales that rose 3.9 percent in February. Trading in shares of Gap were temporarily halted midday as a third-party vendor released same-store sales data earlier than expected.
Ross Stores was the worst performer on the Nasdaq 100 after the retailer reported same-store sales thta fell in February, down 1 percent.
Kroger rose to hit a 52-week high after the grocer reported fourth-quarter earnings that beat consensus estimates and raised guidance.
Hot Topic spiked after the specialty retailer agreed to be acquired by Sycamore Partners for $14 a share cash.
(Read More: See CNBC's Market Insider Blog)
—By CNBC's Lori Spechler
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