Check out the companies making headlines in midday trading: Global Pharmaceutical Stocks – Shares of several vaccine makers fell after President-elect Donald Trump picked prominent vaccine skeptic Robert F. Kennedy Jr. as health secretary on Thursday. Moderna and Pfizer shares fell 7.3% and 4.7%, respectively. BioNTech, which helped develop a Covid vaccine with Pfizer, fell 3.7%, while GlaxoSmithKline fell 1.9%. Even names like Eli Lilly and Novo Nordisk were lower, with both stocks down 3.4% and about 5%, respectively, amid concerns the drug approval process could slow. Super Micro Computer – Shares of the beleaguered server company rose 3.2% ahead of a Monday deadline that could lead to the company being delisted from the Nasdaq. SuperMicro was late in filing its year-end report with the U.S. Securities and Exchange Commission, putting it on the wrong side of Nasdaq rules. This will be the 11th losing day in the last 13 trading sessions for Super Micro. Alibaba – S shares fell 2.2% after the Chinese e-commerce giant's fiscal second-quarter sales fell below estimates amid a weak consumer backdrop in China. Alibaba's revenue of 236.5 billion yuan was up 5% year-on-year but lower than analysts' expectations of 238.9 billion yuan, per LSEG. Palantir – Shares jumped 11.1% after the analytics software provider said it was moving its listing to the Nasdaq Global Select Market from the New York Stock Exchange. Palantir expects to be eligible to join the Nasdaq-100 once it makes the switch. Domino's Pizza, Pool Corp., Ulta Beauty – Shares of the pizza chain fell 1.3% after Warren Buffett's Berkshire Hathaway announced a new stake in Domino's, while Pool Corp. added 0.5% as the group bought a small stake in Pool. provider. Ulta shares fell 4.6% after Berkshire Hathaway revealed in a regulatory filing that it had sold about 97% of its shares, virtually dissolving its position in the cosmetics retailer. Berkshire had just bought the stock in the second quarter, making Ulta a relatively new bet. AST SpaceMobile – Shares fell 9.6% in the wake of the company's weaker-than-expected third-quarter results. AST SpaceMobile reported a loss of $1.10 per share on revenue of $1.1 million. That's well below the 20 cents per share loss and $1.8 million in revenue that analysts had expected, according to FactSet. Applied Materials – The semiconductor equipment manufacturer's stock fell 9.2% after providing a lower-than-expected revenue forecast for the current quarter. Applied Materials told investors to expect $7.15 billion in its fiscal first quarter, below estimates of $7.22 billion from analysts polled by LSEG. However, the company beat expectations on both lines in its fiscal fourth quarter and issued positive adjusted EPS guidance. — CNBC's Sean Conlon, Alex Haring, Jesse Pound, Hakyung Kim and Lisa Hahn contributed reporting.
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Stocks making the biggest moves at midday: PLTR, MRNA, ULTA, BABA
