Midday movers: DR Horton, Micron, Walgreen & More

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Take a look at some of Tuesday's midday movers:

D.R. Horton - The home builder and competitors including PulteGroup rose after a Commerce Department report had the sale of new homes in May rising the most in 22 years.

Read MoreU.S. new home sales hit six-year high in May

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 fiscal third-quarter results 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.

Read MoreVertex cystic fibrosis combo meets study goals

Walgreen - The drugstore chain fell after reporting third-quarter revenue 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.

(Read More: See CNBC's Market Insider Blog)

—By CNBC's Kate Gibson

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