Check out the companies making headlines in midday trading. JetBlue Airways — The airline said it sees a smaller decline in its full-year revenue guidance than it originally expected, according to a regulatory filing . Higher-than-anticipated bookings in November and December resulted in JetBlue boosting its forecast. Shares surged 8%. Roku — Shares jumped 11% after Needham analyst Laura Martin said the streaming company will likely be bought for a “large premium” over the next year as Republicans take control of regulatory agencies. Dollar Tree — Shares of the discount retailer added 2.5% after Dollar Tree gave better-than-expected third-quarter earnings and announced that CFO Jeff Davis would step down from his role. Dollar Tree posted adjusted earnings of $1.12 per share, while analysts polled by FactSet sought $1.07 per share. Chewy — The pet supplies retailer slipped almost 4% after reporting a profit of just 1 cent per share, falling short of analysts’ expectations of 8 cents per share, per LSEG. Chewy’s $2.88 billion revenue came in line with estimates. Eli Lilly — Shares rose nearly 3%. Eli Lilly’s Zepbound obesity drug led to more weight loss than its Novo Nordisk’s Wegovy, its main competitor, in the first head-to-head clinical trial on both of the injections. Salesforce — Salesforce shares popped about 8% after the company posted a third-quarter revenue beat and gave subscription revenue numbers that exceeded analysts’ estimates. Salesforce posted $9.44 billion in revenue, higher than the $9.35 billion expected from analysts polled by LSEG. Pure Storage — Shares of the data storage management company rallied nearly 24% after Pure Storage announced a contract with an unnamed “top four” artificial intelligence hyperscaler. Pure Storage also topped Wall Street’s estimates for the fiscal third quarter. Marvell Technology — The chipmaker surged 23% after the company beat third-quarter estimates and issued better-than-expected revenue guidance, leading several Wall Street firms to raise their price targets on the stock. JPMorgan cited ongoing AI and cyclical tailwinds heading into next year as a major catalyst for the stock’s future earnings. Okta — The authentication software stock climbed more than 4% after third-quarter results and fourth-quarter guidance topped expectations. Okta reported adjusted earnings of 67 cents per share for the third quarter, above the 58 cents projected by analysts, according to LSEG. Campbell’s —Shares of the packaged food company tumbled 6% after Campbell’s posted quarterly net sales that missed expectations. The company also announced insider Mick Beekhuizen as its new chief executive officer . Foot Locker — The sneaker giant’s shares fell more than 6% after the company reported an earnings and revenue miss. Foot Locker also cut its full-year guidance , citing a steeper promotional environment and weak consumer demand. PSQ Holdings — The owner of online marketplace PublicSquare saw shares tumbling more than 30% after the firm announced a $36.2 million registered direct offering in common stock. The decline followed a big rally in the previous session. The stock surged 270.4% to $7.63 after the company announced that Donald Trump Jr., the eldest son of the president-elect, is joining PSQ’s board. — CNBC’s Yun Li, Jesse Pound and Hakyung Kim contributed reporting.
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