Check out the companies that are trending in intraday trading. Norwegian Cruise Line — The cruise ship operator soared 19% after strong forward guidance. Norwegian expects to earn 12 cents per share in the quarter, beating analysts’ consensus estimate of a loss of 20 cents per share, according to FactSet. Unity Software — The video game developer fell about 6% on his disappointing EBITDA guidance. Unity expects adjusted EBITDA to be in the range of $45 million to $50 million, compared to the $113 million expected by analysts surveyed by FactSet. Viking Therapeutics — This clinical-stage biotech soared more than 120% after meeting primary and secondary endpoints in a Phase 2 GLP-1 study. Viking said its Phase 2 Venture trial showed weight loss in patients treated with VK2735. Hess Corporation — Chevron warns investors that a dispute between Exxon Mobil and China National Offshore Oil Corporation (Cnooc) over Guyana’s offshore oil assets threatens its planned takeover of Hess. Oil and gas exploration company Hess fell 3%. Chevron fell 1.5%. Workday — Shares fell 4% after releasing quarterly results. LSEG (formerly Refinitiv) said profit was $1.57 per share, beating expectations of $1.47. Sales were $1.92 billion, in line with analyst expectations. The cloud-based software vendor also reiterated its guidance for fiscal year 2025. Hims & Hers — Health platform soared 31% on better-than-expected earnings and future financial guidance. Himes & Herrs earned 1 cent a share on revenue of $247 million in the fourth quarter, while analysts surveyed by LSEG expected it to earn 2 cents a share on revenue of $246 million. I expected it to be a loss. Hims & Hers also shared revenue and adjusted EBITDA guidance that beat analyst expectations. Macy’s — The department store chain rose 3.4% as cost-cutting measures aimed at fending off activist investors offset mixed quarterly results and slower same-store sales growth. The owner of Bloomingdale’s plans to close about 150 department stores and open new ones in the chain that are doing well. Lowe’s — Shares rose about 1.8% to a 52-week high after the home improvement retailer reported better-than-expected earnings. Lowe’s earnings per share for the most recent quarter were $1.77, beating estimates of $1.68, according to LSEG. Lowe’s earnings exceeded expectations. Zoom Video — Shares rose 8% after the video chat software vendor reported fourth-quarter results that beat Wall Street expectations in revenue and bottom line. Zoom had adjusted earnings per share of $1.22 on revenue of $1.15 billion. Cava — The restaurant chain rose 12% a day after its latest earnings and sales beat analysts’ expectations. Cava’s fourth-quarter revenue was $175.5 million, up 52% from a year earlier and beating the $174.3 million expected by analysts surveyed by FactSet. Cava also provided a higher-than-expected full-year EBITDA outlook. Roku — Roku fell nearly 1% on his after Wells Fargo downgraded it from equal weight to underweight, citing concerns that his acquisition of Vizio by Walmart could hinder growth. Sprouts Farmers Market — Shares rise 1% after Bank of America Securities doubles down on its buyout of the underperforming supermarket chain, citing Sprouts’ differentiated product lineup as boosting sales. did. The bank raised its price target on the stock to $70 from $30, suggesting an upside of about 13% from Monday’s closing price. Duolingo — Shares of the language learning company rose nearly 6% after Seaport Research Partners initiated research coverage with a Buy rating. Duolingo is scheduled to announce its fourth quarter results on Wednesday. CarGurus — CarGurus fell more than 1% citing weak financial outlook for the current quarter. The online car sales platform beat Wall Street expectations in the fourth quarter, but forecast first-quarter sales and profits in the range of $201 million to $221 million and 24 cents and 29 cents, respectively. He said he expected it. That fell short of the $236 million in sales and 31 cents per share expected by analysts surveyed by LSEG. AutoZone — AutoZone beat Wall Street’s second-quarter expectations on revenue and bottom line, rising nearly 7%. The auto and truck parts retailer posted earnings of $28.89 per share on revenue of $3.85 billion. Coinbase — Coinbase stock rose about 3% as cryptocurrency prices soared, sending Bitcoin above $57,000. Other crypto-related stocks also rose, with CleanSpark up 2.7%. MicroStrategy soared more than 9% after buying an additional 3,000 Bitcoins. — CNBC’s Sarah Ming, Michelle Fox, Alex Harring, Jesse Pound and Yun Li contributed reporting.
Stocks with the biggest price movements at midday: NCLH, U, VKTX
