Check out the companies making the biggest moves midday: ADT — The home security stock soared about 34% after ADT said it will be acquired by Thrive Holdings in an all-cash $15.3 billion transaction. The deal is expected to close in the first quarter of 2027. Glaukos — The pharma company focused on ophthalmic diseases saw shares surge 32% after it reported third-quarter results. Glaukos posted revenue of $211 million, topping a FactSet consensus of $168 million. Adjusted earnings per share came in at 47 cents, though it wasn’t clear if that was comparable with estimates. The company also raised its full-year revenue guidance. Textron — The aircraft and defense systems manufacturer’s stock rallied nearly 15% on third-quarter earnings that beat expectations. Textron earned $1.76 per share, excluding certain items, exceeding a FactSet estimate of $1.43 per share. The company also raised its full-year earnings outlook. Boot Barn — Shares of the apparel retailer jumped almost 14%. Second-quarter gross margin beat expectations, landing at 37.2% versus the StreetAccount consensus estimate of 36.6%. Second-quarter earnings of $1.73 per share on revenue of $581.8 million beat analysts’ call for $1.64 per share and $580.8 million, per FactSet. Sprouts Farmers Market — The grocery store chain’s stock tumbled 22% on third-quarter earnings and revenue that came in below expectations. The company also slashed its full-year earnings per share outlook to around $4.80 from a previous range of $5.32 to $5.40 per share. Alphabet — Shares dropped close to 12% after the Google parent’s third-quarter earnings showed the company posted negative free cash flow of $9.07 billion. Its core search revenue of $63.35 billion missed the $64.96 billion estimate from analysts. Total company revenue of $127.58 billion also missed LSEG expectations of $128.22 billion. Caterpillar — Shares slid more than 7% even after the company reported third-quarter earnings and revenue that beat the Street. The company earned an adjusted $7.20 per share on revenue of $20.68 billion. Analysts polled by LSEG expected a profit of $7.08 per share on revenue of $20.55 billion. However, sales for its construction industries business came in slightly below estimates. DoorDash , Maplebear — DoorDash announced it is acquiring the Instacart parent for $65 per share. That is an 11% premium from Maplebear’s closing price on Wednesday. DoorDash also reported a revenue and EBITDA beat for its third quarter. Maplebear’s stock was down almost 2%, while shares of DoorDash rose 4%. Eli Lilly — The Zepbound and Mounjaro maker handily beat expectations for its third quarter, sending shares 6% higher. Eli Lilly saw adjusted earnings of $7.48 per share, compared with the consensus estimate $6.26 a share, per LSEG. Revenue came in at $24.4 billion, topping the $22.61 billion expected from analysts. Marvell Technology , Lumentum — Lumentum shares gained 3% after Bloomberg News reported, citing sources that the data center optics manufacturer was in talks to be acquired by Marvell. A deal could be announced as soon as next week, the report said . Marvell shares dropped more than 11%. Shell — Shares climbed 2% after the oil major nearly doubled its third-quarter profit from the year prior to $10.81 billion. Analysts polled by LSEG were expecting $9.92 billion. Norwegian Cruise Line — The cruise operator jumped 13% following its beat on the top and bottom lines. Norwegian reported adjusted earnings of $1.12 per share, topping the consensus estimate of 93 cents, according to FactSet. Revenue was $2.95 billion, versus the $2.88 billion anticipated by analysts. Chipotle Mexican Grill — Shares gained 8% after the burrito chain reported same-store sales that beat estimates. Same-store sales in the third quarter grew 2.1%, versus the 1.5% increase analysts polled by FactSet anticipated. ServiceNow — The enterprise software company’s shares tumbled 26%. Third-quarter adjusted profit of $1 per share missed the LSEG consensus expectation of $1.02 a share. Subscription revenue guidance for the fourth quarter ranged from $4.245 billion to $4.255 billion, while the FactSet consensus called for $4.25 billion. Fortinet — The cybersecurity company’s stock plummeted 21%. Non-GAAP gross margin for the third quarter came in at 79.6%, while analysts polled by LSEG sought 80.1%. Separately, top- and bottom-line results beat the Street’s expectations. Crocs — The footwear stock surged nearly 26% after Crocs posted third-quarter earnings that beat expectations, and it issued stronger-than-expected current-quarter guidance. It posted earnings of $3.69 per share, excluding items, on revenue of $1.04 billion. Analysts polled by FactSet anticipated earnings of $3.31 per share on revenue of $1 billion. eBay — Shares climbed more than 3% after the company reported stronger-than-expected third-quarter results. Revenue rose 14% to $3.2 billion, while gross merchandise volume increased 15%. Growth from Depop, accelerating GMV, and raised full-year guidance gave investors further confidence in eBay’s strategy. Honeywell Aerospace — Shares were down 10% even after the aerospace company raised its full-year outlook for pro forma standalone adjusted earnings per share, calling for $7.85 to $8. The company also announced an initial quarterly cash dividend of 40 cents per share. Carvana — The used car dealer’s stock climbed 15%. Carvana third-quarter revenue and adjusted EBITDA topped the numbers Wall Street had been expecting, and it said the Securities and Exchange Commission closed a previously disclosed investigation and would not take any enforcement action. — CNBC’s Darla Mercado, Sarah Min, Paulina Likos, Scott Schnipper, Deena Zaidi and Nick Wells contributed reporting.
HomeTop StoriesStocks making the biggest moves midday: ADT, Alphabet, Caterpillar, Eli Lilly, Chipotle...
Stocks making the biggest moves midday: ADT, Alphabet, Caterpillar, Eli Lilly, Chipotle & more
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- ADT Inc
- Alphabet Class A
- Boot Barn Holdings Inc
- Breaking News: Markets
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- Carvana Co
- Caterpillar Inc
- Chipotle Mexican Grill Inc
- Crocs Inc
- Dividends
- DoorDash Inc
- Earnings
- eBay Inc
- Economy
- Eli Lilly and Co
- Fortinet Inc
- Glaukos Corp
- Harley-Davidson Inc
- Honeywell Aerospace Inc
- Honeywell Technologies Inc.
- Lumentum Holdings Inc
- Maplebear (Instacart)
- Market Insider
- Markets
- Marvell Technology Inc
- Microsoft Corp
- Norwegian Cruise Line Holdings Ltd
- regwall-marketmovers
- ServiceNow Inc
- Shell PLC
- Sprouts Farmers Market Inc
- Stock markets
- Textron Inc
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