Check out the companies making the biggest moves midday: Texas Instruments — The semiconductor stock soared 19% after it forecast that its current-quarter earnings would come in the range of $1.77 to $2.05 per share, versus the $1.57 consensus, according to LSEG. Similarly, it sees its revenue coming in between $5 billion to $5.4 billion, while analysts were anticipating $4.86 billion. Texas Instruments also posted a beat on both the top and bottom lines for its first quarter. American Airlines — The airline rose more than 4% after its first-quarter figures came in above expectations. To be sure, American did cut its full-year earnings outlook, citing higher fuel costs . Penn Entertainment — The gaming stock rallied 15% after its first-quarter results beat expectations, fueled by strength from the company’s regional casinos and interactive segments. Wex — Shares tumbled 17% after the company, which processes payments for commercial and government fleets, urged shareholders to vote only for Wex nominees to its board. Investor Lauren Taylor Wolfe’s Impactive Capital is looking to replace one-third of Wex board members. United Rentals — Shares jumped more than 23% after the equipment rental company boosted its full-year sales forecast to a range of $16.9 billion to $17.4 billion. The company said it sees momentum heading into its busiest season. Honeywell — The industrial giant shed 2.6% after it re …
