Stocks making the biggest moves midday: Lamb Weston, KB Home, Carnival, Oracle, CoreWeave & more
Check out some of the stocks making the biggest moves in midday trading.
TL;DR
- Lamb Weston shares fell 25% despite beating second-quarter expectations, as the company reaffirmed full-year revenue guidance.
- Carnival Corp. stock jumped 8% following management's announcement of record booking volumes for 2026 and 2027 sailings.
- Oracle shares rose over 7% after TikTok agreed to sell its U.S. operations to a joint venture including Oracle and Silver Lake.
- Micron Technology climbed 6% on strong fiscal first-quarter estimates and robust guidance driven by AI memory demand.
- CoreWeave surged 20% after joining the Department of Energy's Genesis Mission and receiving positive coverage from Citi.
- KB Home shares dropped more than 9% as home deliveries and average selling prices declined in the fourth quarter.
- Nike experienced a 10% drop after fiscal second-quarter results revealed a 17% decrease in China sales.
- Bitcoin-related stocks, including Terawulf, CleanSpark, Riot Platforms, and Strategy, saw gains as investor confidence in the risk-on trade was restored.