economy
February 5, 2026
Stocks making the biggest moves midday: Amazon, Canada Goose, Estee Lauder, Qualcomm & more
Here are some of the stocks posting the biggest moves in midday trading.
TL;DR
- McKesson jumped 16% after beating fiscal third-quarter earnings estimates and increasing full-year guidance.
- Huntington Ingalls fell 11% after its 2026 free cash flow guidance missed estimates.
- Novo Nordisk shares slid over 5% due to competition from Hims & Hers.
- Fluence Energy slumped 31% after its fiscal first-quarter revenue and per share loss missed analyst expectations.
- Cummins shares fell nearly 8% as fourth-quarter revenue fell short of analyst anticipation.
- Rockwell Automation lost over 5% after reaffirming revenue growth guidance that was below analyst expectations.
- Canada Goose dropped 19% after fiscal third-quarter earnings and earnings before interest and taxes missed estimates.
- Amazon shares lost over 3% ahead of its fourth-quarter earnings report.
- Ralph Lauren shares were down over 5% despite third-quarter beats, due to a warning about contracting operating margins.
- Steris fell 8% after reiterating full-year guidance that included the impact of tariffs.
- Qualcomm sank nearly 7% as a global memory shortage hurt its forecast.
- Estee Lauder tanked 22% despite beating second-quarter earnings estimates, due to other factors.
- Alphabet declined over 3% despite beating fourth-quarter earnings and revenue, due to projected capital expenditure increases.
- Arm Holdings advanced 7% after its third-quarter adjusted earnings and revenues topped analyst expectations.
- Crypto stocks tumbled, with Strategy down 12%, Coinbase down 8%, and Robinhood Markets down 5%, as Bitcoin dropped below $67,000.
- Peloton plunged 23% following disappointing fourth-quarter results.
- Cardinal Health moved 8% higher after reporting an earnings beat and raising full-year guidance.
- Hershey's stock rose 7% after its fourth-quarter earnings and revenue surpassed expectations.
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