The largest stock price changes during the day were seen in GameStop, Adobe, General Mills, and others.

Check out the companies making headlines in midday trading.

The stock price of the computer software company dropped by 9.3%. Although Adobe surpassed earnings, it forecasted a weak future outlook. The company anticipates a $75 million impact on its business due to the Russia-Ukraine conflict. In the first quarter, Adobe exceeded expectations by 3 cents, reporting adjusted quarterly earnings of $3.37 per share.

The stock price of the food company increased by 2.5% due to better-than-expected quarterly earnings and a raised full-year outlook. General Mills reported an adjusted 84 cents per share, which was 6 cents higher than the consensus estimates.

The online clothing marketplace's shares rose 2.5% after reporting a smaller-than-expected loss and beating on revenue in the recent quarter. However, weaker-than-expected guidance for the current quarter led shares to initially slide.

Winnebago's recreational vehicle maker shares plummeted 11.8%, despite the company reporting adjusted quarterly earnings of $3.14 per share, beating analysts' consensus estimates of $2.94.

On Wednesday, the meme stock experienced a 14.5% increase after GameStop Chair Ryan Cohen purchased an additional 100,000 shares. This increased Cohen's stake in the video game retailer to 11.9%.

After two major acquisitions were reported in the cannabis industry, Cresco Labs and Aurora Cannabis experienced significant stock price increases. Cresco Labs acquired Columbia Care in a $2 billion deal, while Aurora Cannabis purchased TerraFarma in a C$38 million cash-and-stock deal. Tilray also saw a 3.5% spike in stock price, while Aurora Cannabis jumped 1%.

Okta's shares dropped over 10.7% the day after the company announced that no evidence of ongoing malicious activity was found following a hacker breach that affected 366 customers. Okta stated that hackers gained only limited access.

On Wednesday, the aerospace stock dropped 2.6%, almost wiping out Tuesday's gains, as investors remained focused on the probe into the China plane crash. According to Chinese media, one of the two black boxes from the flight has been discovered, which may shed light on the cause of the crash.

The popularity of Mosaic Company among investors remains high due to expectations of significant profits following potential fertilizer shortages resulting from the Russia-Ukraine conflict.

The reporting in the CNBC article was contributed by Tanaya Macheel, Jesse Pound, and Samantha Subin.

TerraFarma is being acquired by Aurora Cannabis in a C$38 million cash-and-stock deal, with additional payments due on contingent terms. An earlier version of the report contained an incorrect purchase amount.