economy
Stocks Making the Biggest Moves Midday: Wendy's, Vestis, Cleanspark, Under Armour & More
These are the stocks posting the largest moves midday.
TL;DR
- Vestis shares surged over 30% following better-than-expected fiscal second-quarter results and an improved fiscal 2026 EBITDA outlook.
- Zebra Technologies' stock rose 17% on stronger-than-expected first-quarter earnings and revenue, with second-quarter guidance also exceeding estimates.
- Ralliant shares jumped 14% after its first-quarter earnings surpassed analyst expectations.
- Hub Group shares fell over 10% due to the company announcing a restatement of its year-end 2023 and 2024 results.
- Under Armour's stock slid 18% after reporting a fiscal fourth-quarter loss wider than anticipated and lower revenue.
- GameStop shares dropped over 2% after eBay rejected a $56 billion takeover bid due to financing concerns.
- On Holding shares fell 4% despite beating analyst expectations for first-quarter earnings and revenue, while reiterating full-year guidance.
- Wendy's shares rallied over 16% on a report that Trian Fund Management is exploring a bid to take the company private.
- ZoomInfo Technologies' stock tumbled over 33% after cutting its full-year revenue guidance significantly.
- Hims & Hers Health shares dropped 14% following disappointing earnings guidance.
- AST SpaceMobile shares fell 13% after reporting a larger-than-expected first-quarter loss.
- GitLab shares plunged 11% as the CEO announced a restructuring plan including workforce reductions and a move into agentic AI.
- Webtoon Entertainment's stock dropped 9% after providing second-quarter revenue and adjusted EBITDA forecasts that fell short of analyst expectations.
- Cleanspark shares slid 9% with second-quarter losses and revenue missing analyst estimates.
- Mara Holdings shares lost 10% after posting a wider-than-expected first-quarter loss and weaker revenue.