Check out the companies that are trending in intraday trading. Nvidia – Nvidia stock surged more than 4%, reversing a week-to-date decline that briefly pushed the stock into correction territory. The stock has soared more than 175% since the start of 2024. General Mills — The consumer products maker fell 2.6% after telling investors to expect a weaker outlook than previously expected. General Mills said adjusted earnings per share, which previously ranged from a 1% loss to a 1% gain, should retreat to between 3% and 1%. JABIRH — Electronic components stocks rose 9.5% after earnings and outlook beat Wall Street expectations. Jabil had first-quarter revenue of $6.99 billion and core earnings of $2 per share, compared to the expectations of analysts surveyed by FactSet of $1.88 per share or $6.61 billion. I stayed there. Heico — Aerospace stocks fell 10% after sales fell short of expectations. Heiko reported revenue of $1.01 billion, slightly below analysts’ consensus estimate of $1.03 billion, according to FactSet. Ollie’s Bargain Outlet — The retail stock rose 2.4% to a 52-week high after Citi upgraded the stock twice from sell to buy. The bank calls Ollie’s the “king of deals” and believes the company is well-positioned to win in an uncertain retail world. Xometry – The stock rose more than 7% after JPMorgan upgraded the artificial intelligence-powered industrials market from neutral to overweight. The investment bank said this is one of the “best long-term growth stories across our scope” over the next three to five years. Netgear – Shares rose 11.8% after the Wall Street Journal reported that the US is considering banning routers made in China. California-based Netgear also makes routers, so it could benefit. BIRKENSTOCK — The shoe maker soared 4.5% after fourth-quarter profit and revenue beat expectations. Earnings before interest, taxes, depreciation and amortization also exceeded expectations. Rivian — Electric vehicle stocks fell 4% following Baird’s downgrade from outperform to neutral. The company remains positive about Rivian’s long-term outlook, but expects “little catalyst in 2025” and EV sales to be “sluggish.” Box — Content Solutions stock rose 1.9% following a buy initiation by DA Davidson. The company said it is in the early stages of a “positive turn toward growth” following recent platform expansions. Disney — The entertainment giant’s stock price rose about 2% after Morgan Stanley named it a top stock for 2025. The Wall Street company said it expects “substantial” streaming profits from both Disney and Warner Bros. Discovery. Academy Sports — The sporting goods retailer surged 3.9% after Citi initiated a Buy rating. Citi said the company has a noteworthy growth runway. Expedia — The online travel booking platform rose 2% after Bank of America upgraded its stock to buy from neutral. The bank named Expedia a top value Internet-related stock. DoubleVerify — The software stock rose 3% after Raymond James opened with an outperform. The company called DoubleVerify a market leader. Rocket Pharmaceuticals — Biotech after Jefferies initiated coverage on Rocket Pharmaceuticals with a Buy rating, citing a promising pipeline of gene therapies for rare diseases. The stock rose 5%. In particular, analyst Andrew Tsai expects the successful clinical trial of RP-A501 (AAV9), a drug to treat Danon’s disease, to be a positive catalyst for the stock. — CNBC’s Samantha Subin, Yun Li, Lisa Han, Sean Conlon, Michelle Fox and Sarah Ming contributed reporting
NVDA, OLLI, BIRK, DIS etc.
