Check out the companies making the biggest moves midday: Arrowhead Pharmaceuticals — The stock popped 19% after the biopharmaceutical company reported fiscal year revenue that beat analyst expectations. Arrowhead’s top line for the period totaled $829.4 million, beating a FactSet consensus of $861.2 million. Last week, the company announced it created the first and only FDA approved medicine to treat complications related to familial chylomicronemia syndrome. Cleanspark — The bitcoin mining company rose more than 4% after reporting revenue of $766.3 million for the fiscal year 2025, a 102% increase from the year-earlier period. Kohl’s — The department store chain jumped almost another 7% one day after soaring 43% in the wake of better-than-expected third-quarter earnings per share excluding one-time items, revenue and a narrower-than-forecast decline in same-store sales. Embecta — The insulin injection device maker fell 6%, adding to its 7% pullback from Tuesday. The stock fell in the previous session after the company’s fiscal fourth-quarter results and full-year guidance failed to impress investors. Deere — The seller of farm equipment dropped 5% even after posting fiscal fourth quarter results that exceeded estimates. Deere reported earnings of $3.93 per share on revenues of $10.58 billion. Analysts polled by LSEG had anticipated per-share earnings of $3.85 on revenues of $9.85 billion. Dell Technologies — Shares rose 4.5% following upbeat guidance that was driven by strong AI sales expectations. Dell said it was expecting $31.5 billion in sales for the fourth quarter, topping analyst an LSEG consensus forecast of of $27.59 billion. Urban Outfitters — The apparel retailer surged roughly 12% following third-quarter results that exceeded expectations. Urban Outfitters earned $1.28 per share on revenue of $1.53 billion. That topped calls for $1.20 per-share earnings on revenue of $1.47 billion, according to consensus estimates from LSEG. Autodesk — The software company gained 3% after posting third-quarter earnings of $2.67 per share, on an adjusted basis, with revenue of $1.85 billion. Analysts polled by FactSet expected earnings of $2.50 per share on revenue of $1.81 billion. Petco Health & Wellness — The pet retailer soared 12% after Petco hiked its guidance for full-year adjusted EBITDA of $395 million to $397 million, from prior guidance of $385 million to $395 million. NetApp — The data infrastructure company fell 3% even after NetApp posted fiscal second-quarter earnings and third-quarter guidance that surpassed expectations. NetApp earned $2.05 per share, on an adjusted basis, better than the $1.89 per-share earnings forecasted by analysts polled by LSEG. Revenue of $1.71 billion also topped the predicted $1.69 billion. The stock initially rose before losing steam. HP — The PC and printer maker lost more than 2% after it firm said it will lower its headcount by 4,000 to 6,000 people . The company also issued a lower-than-expected earnings projection for the new fiscal year. Zscaler — The cloud security company’s shares slid 12% after Zscaler posted an operating loss. However, Zscaler beat first-quarter expectations on the top and bottom lines, and also issued a rosy full-year outlook. Nutanix — The cloud computing company tumbled 15% after its fiscal first-quarter revenue missed expectations and it slashed its outlook for the full fiscal year. Nutanix now anticipates revenue in the range of $2.82 billion to $2.86 billion for fiscal 2026, versus its prior guidance of $2.9 billion to $2.94 billion. Analysts polled by FactSet were expecting guidance of $2.92 billion. PagerDuty — The cloud company shed 23% on mixed third-quarter results. PagerDuty earned 33 cents, excluding certain items. That topped a FactSet estimate of 25 cents per share. Revenue of $124.5 million, however, was just below a consensus forecast of $125 million Workday — The HR software maker fell 10% on underwhelming guidance for the company’s fiscal third quarter and year. For the current quarter, Workday sees subscription revenue of around $2.235 billion, just below a FactSet estimate of $2.24 billion. For the fiscal year, it expects sales from subscriptions around $8.815 billion. Analysts expected a forecast of $8.8 billion. Ambarella — Shares of the fabless semiconductor maker dropped 14% even after the company posted third-quarter results that beat expectations. Ambarella earned an adjusted 27 cents per share on revenue of $109 million. Analysts expected a profit of 21 cents per share on revenue of $104 million. — CNBC’s Michelle Fox, Alex Harring, Scott Schnipper and Yun Li contributed reporting
Add A Comment
About Us
Our finance blog is your go-to resource for expert financial advice, covering everything from personal budgeting and saving strategies to smart investing and market analysis. Stay updated with the latest trends, tips, and insights to help you make informed decisions and achieve financial success.
Popular Post
© 2025 Budgetsmart.ai – All rights reserved.