These are the stocks posting the largest moves midday.
— The asset manager slipped more than 3.1% after the firm was downgraded by multiple Wall Street shops, including JPMorgan. State Street's second-quarter earnings report on Friday showed a drop of about 10% in net interest income compared to the first quarter.
— The apparel retailer dropped 2.4% after being downgraded by Raymond James to market perform from outperform. The firm said a slowing economy and the restart of student loan payments could hurt Figs' growth in the near term.
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