Check out some of the companies making the biggest moves in midday trading. Bank stocks — The group fell broadly after President Donald Trump called for credit card rates to be capped at 10% for one year . Capital One slid 6%, Synchrony Financial tumbled 8% and Citigroup dropped 3%. Bank of America , Wells Fargo and JPMorgan Chase were down nearly 2%. Although alternative lending sources were initially thought to gain from the move, buy-now-pay-later provider Affirm reversed course and later dropped about 5%. Duolingo — The language education app shed about 7% after CFO Matt Skaruppa stepped down, effective Feb. 23. Duolingo also said fourth-quarter daily active users grew by about 30% year over year, slightly more than a FactSet consensus estimate showed. Lithium stocks — Lithium producers were higher after Scotiabank upgraded the miners to outperform, saying it sees further upside ahead. Albemarle and Lithium Argentina were both upgraded to outperform from sector perform and their stocks rose about 5% and 8%, respectively. Sociedad Química y Minera de Chile ADRs added almost 5%, Atlas Lithium rose 4% and while Lithium Americas surged 9%. Teen apparel retailers — Abercrombie & Fitch , Urban Outfitters and American Eagle all slid after the companies preannounced holiday results. Abercrombie lost nearly 17% after narrowing its fourth-quarter guidance, while Urban Outfitters tumbled 10% after net sales for the two months ended Dec …
