Stocks making the biggest moves midday: Roblox, Electronic Arts, Coinbase, RealReal and more

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Check out the companies making headlines in midday trading.

Unity Software — The stock plunged more than 33% after the video game software company posted revenue below expectations. Unity Software reported $320 million in revenue in the first quarter, while analysts surveyed by Refinitiv expected $322 million.

Coinbase — Shares sank 23% after Coinbase reported first-quarter revenue below expectations. Coinbase posted revenue of $1.17 billion versus the Refinitiv consensus estimate of $1.48 billion. The company said lower crypto asset prices and market volatility impacted first-quarter results.

Electronic Arts — The video game publisher's shares jumped 11% after the company posted its recent earnings and announced it will end its partnership with FIFA. MoffettNathanson analysts recommended shares of Electronic Arts because of the company's stable foundation to weather market volatility ahead.

Roblox —  Shares of the online gaming platform jumped more than 7% despite weaker-than-expected quarterly results. Roblox reported a loss of 27 cents in its most recent quarter, compared to a loss of 21 cents expected by analysts polled by Refinitiv. Revenue came in at $631.2 million, compared to the $645 million consensus estimate from Refinitiv.

Wendy's — The fast-food chain's shares sank 9% after Wendy's missed first-quarter estimates on the top and bottom lines. The company reported an adjusted 17 cents in per-share earnings on $489 million of revenue. Analysts surveyed by Refinitiv had penciled in 18 cents per share on $497 million of revenue. U.S. sales growth was just 2.4% despite a rising number of total restaurants, and the margins at company-operated margins declined.

The RealReal — Shares of the secondhand