Check out the companies that are trending in intraday trading. JetBlue Airways — The airline said in a regulatory filing that it expects its full-year revenue outlook to decline by less than originally expected. JetBlue boosted its forecast after bookings for November and December exceeded expectations. The stock price rose 8%. Roku — Shares rise 11% after Needham analyst Laura Martin says the streaming company will likely be acquired at a “heavy premium” over the next year as Republicans take control of regulators did. Dollar Tree — Shares of the discount retailer rose 2.5% after Dollar Tree reported better-than-expected third-quarter profits and announced that CFO Jeff Davis would step down. Dollar Tree’s adjusted earnings were $1.12 per share, compared to analysts polled by FactSet who expected earnings of $1.07 per share. Chewy — According to LSEG, the pet supplies retailer fell nearly 4% after reporting a profit of just 1 cent per share, below analysts’ expectations of 8 cents per share. Chewy’s revenue of $2.88 billion matched expectations. Eli Lilly — Shares rose nearly 3%. Eli Lilly’s obesity drug Zepbound led to more weight loss than its main competitor, Novo Nordisk’s Wigoby, in the first head-to-head clinical trial of both injectables. Salesforce — Salesforce stock soared about 8% after the company reported third-quarter revenue and subscription sales that beat analysts’ expectations. Salesforce’s revenue was $9.44 billion, beating analysts’ estimates of $9.35 billion compiled by LSEG. Pure Storage — The data storage management company’s stock rose nearly 24% after Pure Storage announced a deal with an unnamed “top four” artificial intelligence hyperscaler. Pure Storage also beat Wall Street expectations for its fiscal third quarter. Marvell Technology — 23% after the company beat expectations for the third quarter and announced better-than-expected earnings guidance, prompting several Wall Street firms to raise their price targets on the stock. It skyrocketed. JPMorgan pointed to ongoing AI and cyclical tailwinds as key drivers of its future earnings heading into next year. Okta — Authentication software stock rose more than 4% after third-quarter results and fourth-quarter guidance beat expectations. According to LSEG, Okta’s third-quarter adjusted earnings were 67 cents per share, beating analysts’ expectations of 58 cents. CAMPBELLS — The packaged food company’s stock fell 6% after Campbell’s reported quarterly net sales that fell short of expectations. The company also announced insider Mick Beekhuizen as its new chief executive officer. Foot Locker — The sneaker giant’s stock fell more than 6% after the company reported earnings and revenue misses. Foot Locker also revised its full-year forecast downward, citing a worsening promotional environment and sluggish consumer demand. PSQ Holdings — The owner of online marketplace PublicSquare saw its stock price drop more than 30% after the company announced a $36.2 million registered direct offering of common stock. The decline followed a strong rise in the previous session. Shares soared 270.4% to $7.63 after the company announced that Donald Trump Jr., the president-elect’s eldest son, would join PSQ’s board of directors. —CNBC’s Yun Lee, Jesse Pound and Ha-Kyung Kim contributed reporting.
Stocks with the biggest price movements at noon: JBLU, LLY, PSTG, CRM
