Check out the companies that are trending in intraday trading. Nvidia – Nvidia stock fell 1.1%, reversing earlier gains that briefly pushed the stock out of correction territory. The stock price has soared more than 160% since the start of 2024. General Mills — The consumer products maker fell 3.1% 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 7.3% 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. Heiko — Aerospace stock fell 8.7% 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 fell 0.4% despite rising to a 52-week high during trading after Citi upgraded it 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 – Shares ended more than 1% lower, giving up gains 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 4.8% after the Wall Street Journal reported that the U.S. is considering banning routers made in China. California-based Netgear also makes routers, so it could benefit. BIRKENSTOCK — The shoe maker rose 2% after fourth-quarter profit and revenue beat expectations. Earnings before interest, taxes, depreciation and amortization also exceeded expectations. Rivian — Electric vehicle stocks fell 11.2% 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 remained 0.3% lower despite a buying initiation from 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 fell 1.5% despite Morgan Stanley naming 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 rose 0.1% after Citi initiated a Buy rating. Citi said the company has a noteworthy growth runway. Expedia — The online travel booking platform fell 2.4%, giving up earlier gains 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 fell 0.5%, sending it into the red despite Raymond James starting with an outperformance. The company calls DoubleVerify a market leader. Rocket Pharmaceuticals — The biotech stock fell 1.5%. However, Jefferies initiated coverage of the company with a buy rating, citing the company’s promising pipeline of gene therapies for rare diseases. 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.
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