Take a look at some of Tuesday's midday movers:
Elizabeth Arden - The beauty products company fell after detailing a cost-savings plan that would include job reductions and the closure of its affiliate in Puerto Rico.
Intercontinental Exchange - The exchange operator fell after Wells Fargo downgraded its shares to "market perform" from "outperform."
Micron Technology - The memory chipmaker rose, a day after reporting that beat expectations.
Vertex Pharmaceuticals - The company's shares rallied after studies showed a combination of its drugs met the goals of two late-stage clinical trials in patients with cystic fibrosis.
Walgreen - The drugstore chain fell after reporting below Wall Street's estimates.
xG Technology - The company gained after saying it had been chosen as a subcontractor to provide communications and network services to the U.S. Army.
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—By CNBC's Kate Gibson
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