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Stocks on the move: McCormick & Company falls after earnings, Google set to win FitBit battle with EU

Yahoo Finance Video
Updated

Yahoo Finance's On The Move covers stocks making most moves on the day.

Video Transcript

JULIE HYMAN: --want to bring in some Stocks on the Move. First of all, we've got McCormick. That is the spice company. That company reported earnings per share and revenue [? beat ?] estimates. On the plus side, it is seeing more demand for spices for people at home, but less demand from restaurants and the food service industry. And its full year earnings per share end gross margin forecast was below estimates. It also announced a two for one stock split. The shares down about 3.5%.

And we're also watching Fitbit. Fitbit shares are up 6% today, and that's as Reuters is reporting that Google is set to win antitrust approval from the EU to buy Fitbit. Remember, that purchase, $2.1 billion worth. This according to people familiar with the matter, again, cited by Reuters. So that's what's responsible for the pop in those shares.