Check out the companies that are trending in intraday trading. Dick’s Sporting Goods — Shares rose 15.5% after the sporting goods retailer reported better-than-expected fourth-quarter results. Dick’s Sporting Goods reported earnings of $3.85 per share on revenue of $3.88 billion. Analyst estimates compiled by LSEG (formerly Refinitiv) were for earnings of $3.35 per share and sales of $3.8 billion. Lennar — Shares fell 7.6% after the homebuilder missed out on revenue. Lennar reported first-quarter sales of $7.31 billion, below the $7.39 billion expected by analysts surveyed by LSEG. Dollar General—Despite better-than-expected fourth-quarter results, the discount retailer fell 5.1%. Dollar General’s earnings were $1.83 per share on sales of $9.86 billion, beating analysts’ estimates compiled by LSEG of $1.75 per share and sales of $9.78 billion. SentinelOne — Shares fell 16.6% on his, even though the artificial intelligence-powered cybersecurity provider reported stronger-than-expected quarterly results. SentinelOne reported a loss of 2 cents per share on adjusted revenue of $174 million in the fourth quarter. Analysts surveyed by LSEG had expected a loss of 4 cents per share on revenue of $170 million. Meanwhile, first-quarter earnings guidance was in line with expectations. ROBINHOOD MARKET — Fintech stocks jumped 5.2% after Robinhood said stock trading volume rose 41% in February compared to the same month last year. RTX — Shares rose 1.3% after Wells Fargo upgraded RTX to an overweight rating. The bank said headwinds from July’s jet engine recalls are waning. US Steel — Shares fell 6.4%, extending losses from Wednesday. The decline followed reports that President Joe Biden plans to express “serious concerns” about Japan’s Nippon Steel’s proposed takeover of U.S. Steel. UiPath — Shares fell 6.9% after the enterprise automation company released a weaker-than-expected earnings outlook. UiPath expects first-quarter revenue of $330 million to $335 million, below the FactSet consensus estimate of $346.8 million. Otherwise, the company has outperformed on top and bottom lines, according to FactSet consensus estimates. Under Armor — Shares fell 10.7% on the news that the sportswear company’s founder, Kevin Plank, will be returning as CEO. Evercore ISI said Plank’s return is a clear sign that Under Armor’s strategy isn’t working, and the company’s results continue to deteriorate this quarter, pushing the company’s stock price from fair to underperforming. It was lowered to Fisker — Its stock price nearly halved to about 15 cents per share after the Wall Street Journal report. The electric vehicle developer has hired a restructuring advisor to prepare for a potential bankruptcy filing, sources said. MicroStrategy — Share price fell 5.1%. At the beginning of trading, MicroStrategy rose 1.6% after announcing it would raise $500 million to buy additional Bitcoin. The move comes after the software development company that acts as an agent for Bitcoin rose 11% on Wednesday. WW International — The weight-loss company’s stock fell 20.4% after 9fin reported that the Weight Watchers financial group had hired a lawyer to prepare for debt negotiations. The stock price has plummeted since Oprah Winfrey stepped down from the company’s board late last month. —CNBC’s He Lisa Kailai Han, Alex Harring and Pia Singh contributed reporting.
Dix, Renner, Robinhood, etc.
