Check out the companies making headlines in midday trading: Tesla – The electric vehicle stock rose nearly 7%, continuing to rise in the wake of Donald Trump winning a second presidential term. The company run by Elon Musk saw its market value rise to $1 trillion on Friday. Shares are up more than 26% this week. Trump Media & Technology – Trump's social media company advanced 12% after he said he had no plan to sell any of his $3 billion stake. Five Below – The discount retailer fell more than 4% as fallout from Trump's potential tariffs on Chinese imports continued to weigh on the stock. Upstart – The lending platform rose more than 46% after issuing a better-than-expected revenue forecast for the current quarter, as well as beating analyst estimates for both revenue and earnings in the third quarter. Pinterest – Shares of the photo-sharing platform fell 16% after the company issued a lower-than-expected revenue forecast for the current quarter. BLOCK – Cash App's parent company fell more than 4.5% after its third-quarter revenue of $5.98 billion beat expectations. Analysts expected revenue of $6.24 billion per LSEG. Airbnb – Shares fell more than 8% after the homestay company reported mixed quarterly results. Airbnb managed to beat revenue estimates, but profits came in slightly below expectations. DraftKings – Shares of the sports betting company rose 1% even after DraftKings reported weaker-than-expected third-quarter earnings and a disappointing revenue outlook for the current quarter. Toast – The restaurant management company rose 13% after forecasting adjusted EBITDA of between $90 million and $100 million for the current quarter. Analysts expected guidance of about $74.8 million, per LSEG. Arista Networks – Shares of the computer networking company fell 7% even though third-quarter results beat analysts' estimates. Arista also announced a four-for-one stock split. Lucid Group – The stock fell more than 4% despite the electric automaker reporting better-than-expected third-quarter results. The company reported an adjusted loss per share of 28 cents on revenue of $200 million. Analysts expected a loss of 30 cents per share on revenue of $198 million, according to LSEG. However, Lucid's net loss widened in this period, recording $992.5 million compared to $630.9 million in the same period last year. Capri Holdings – The fashion holding company sank more than 10% after fiscal second-quarter earnings and revenue loss. Capri reported earnings of 65 cents per share on revenue of $1.08 billion. Analysts surveyed by LSEG expected earnings per share of 75 cents and $1.18 billion. Monster Beverage – The energy drink company fell 2.1% after reporting worse-than-expected third-quarter results. Monster earned 40 cents per share, excluding items, on revenue of $1.88 billion, while analysts polled by FactSet expected 43 cents per share earnings and $1.91 billion in revenue. Confirm Holdings Shares fell more than 10% even as the buy now, pay later company reported better-than-expected first-quarter results on the top and bottom lines. BioNTech – The German biotech company advanced nearly 5% after Goldman Sachs upgraded the stock to buy from neutral, citing upside from a new cancer treatment. Bath & Body Works — Shares fell nearly 6% after Barclays downgraded the retailer to equal weight from overweight, due to concern that sales and margins could shrink in 2025. — CNBC's Hakyung Kim, Alex Haring and Sean Conlon contributed Preparing reports.
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