Stocks making the biggest moves midday: Lululemon, SentinelOne, T-Mobile, MongoDB and more

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Check out the companies making headlines in midday trading.

Lululemon — The athleisure apparel company rallied 12% on strong fiscal first-quarter earnings results. The company posted a top- and bottom-line beat and a 24% year-over-year increase in sales. Lululemon also raised its guidance for the full year.

Wireless phone providers, Amazon — Shares of wireless phone service providers struggled after a report from Bloomberg News that Amazon is weighing offering wireless service to Prime members. Amazon later said in a statement it's not planning to add wireless "at this time." Shares of AT&T and Verizon fell more than 3% each, while T-Mobile lost 7.2%. Amazon traded 1.8% higher, while Dish Network popped 19%.

MongoDB — Shares of the data developer rocketed 27% after the company forecast strong fiscal first-quarter earnings and boosted its full-year guidance. MongoDB also surpassed Wall Street's estimates for the recent quarter, with adjusted earnings coming in at 56 cents per share, nearly three times the Refinitiv consensus estimate of 19 cents per share.

SentinelOne — The cybersecurity stock sank more than 36% after SentinelOne's revenue fell short of expectations. SentinelOne posted revenue of $133.4 million, below a FactSet forecast of $136.6 million. The company cited macroeconomic pressure as a contributor to slowing sales growth in a shareholder letter and cut its full-year revenue guidance.

Broadcom — Shares of the chipmaker added 2.8% in midday trading on the back of better-than-expected quarterly results. Broadcom earned $10.32 per share on revenue of $8.73 billion. Analysts expected a profit of $10.08 per share on revenue of $8.71 billion. Bank of America also reiterated a buy rating on the