Check out the companies making headlines in midday trading. Nvidia – Nvidia shares popped more than 4%, reversing earlier week-to-date losses that pushed the stock briefly into correction territory. Shares have surged more than 175% since the start of 2024. General Mills — The consumer products maker slid 2.6% after telling investors to expect a weaker outlook than previously expected. General Mills said adjusted earnings per share should pull back by between 3% and 1%, despite an earlier range of between a loss of 1% and gain of 1%. Jabil — The electronics components stock surged 9.5% after earnings and guidance surpassed Wall Street expectations. Jabil posted $2 in core earnings per share on $6.99 billion in revenue for the first quarter, while analysts surveyed by FactSet anticipated just $1.88 a share and $6.61 billion. Heico — The aerospace stock tumbled 10% on weaker-than-expected revenue. Heico reported $1.01 billion, just shy of the $1.03 billion consensus forecast from analysts, according to FactSet. Ollie’s Bargain Outlet — The retail stock added 2.4% and hit a 52-week high following a double upgrade at Citi to buy from sell. The bank called Ollie’s the “king of closeouts” and believes the company is well-positioned to win in the uncertain retail landscape. Xometry – Shares gained more than 7% after JPMorgan upgraded the artificial intelligence-powered industrial marketplace to overweight from neutral . The investment bank said it’s one of the “best secular growth stories across our coverage universe” for the next three to five years. Netgear – Shares jumped 11.8% after the Wall Street Journal reported that the U.S. is considering a ban on routers made in China. Netgear, which is based in California, can benefit given it also produces routers. Birkenstock — The shoe maker jumped 4.5% on the back of better-than-anticipated earnings and revenue for the fourth fiscal quarter. Adjusted earnings before interest, taxes, depreciation and amortization also exceeded expectations. Rivian — The electric vehicle stock shed 4% following a downgrade to neutral from outperform at Baird. While the firm remains positive on Rivian’s long-term prospects, there’s “sees few catalysts in 2025” and “sluggish” EV sales ahead. Box — The content solutions stock climbed 1.9% on the heels of an initiation at buy from DA Davidson. The firm said the company is in the early innings of a “positive inflection to growth” following recent platform expansions. Disney — The entertainment giant saw shares jumping about 2% after Morgan Stanley named the stock a top pick in 2025. The Wall Street firm said it expects “substantial” streaming profits from both Disney and Warner Bros Discovery. Academy Sports — The sporting goods retailer popped 3.9% following Citi’s initiation at a buy rating. Citi said the company has a noteworthy growth runway. Expedia — The online travel booking platform rose 2% after Bank of America’s upgrade to buy from neutral. The bank dubbed Expedia a top value stock tied to the internet. DoubleVerify — The software stock added 3% following an initiation at outperform from Raymond James. The firm called DoubleVerify a market leader. Rocket Pharmaceuticals — The biotech stock advanced 5% after Jefferies initiated coverage of Rocket Pharmaceuticals with a buy rating, saying the company has a promising pipeline of gene therapies for rare diseases. In particular, analyst Andrew Tsai expects a clinical trial for RP-A501 (AAV9) , a treatment for Danon disease, will be successful, and serve as a positive catalyst for the stock. — CNBC’s Samantha Subin, Yun Li, Lisa Han, Sean Conlon, Michelle Fox and Sarah Min contributed reporting
#Stocks #making #biggest #moves #midday #Nvidia #Ollies #Bargain #Outlet #Birkenstock #Disney
regwall-marketmovers,Sean Conlon,Rocket Pharmaceuticals Inc,Xometry Inc,Citi Trends Inc,Ollie's Bargain Outlet Holdings Inc,NVIDIA Corp,Rivian Automotive Inc,Walt Disney Co,DoubleVerify Holdings Inc,Expedia Group Inc,Academy Sports and Outdoors Inc,Box Inc,Birkenstock Holding PLC,HEICO Corp,FactSet Research Systems Inc,Earnings,Jabil Inc,General Mills Inc,Market Insider,Markets,Economy,Stock markets,Breaking News: Markets,Business,NETGEAR Inc,business news
latest news today, news today, breaking news, latest news today, english news, internet news, top news, oxbig, oxbig news, oxbig news network, oxbig news today, news by oxbig, oxbig media, oxbig network, oxbig news media
HINDI NEWS
News Source
