economy
March 12, 2026
Stocks making the biggest moves midday: Lucid, CF Industries, Royal Caribbean, Petco & more
Here are some of the stocks making headlines in midday trading.
TL;DR
- Mercado Libre shares dropped over 6% after JPMorgan downgraded the stock to neutral, citing increased competition and lower margins.
- Royal Caribbean and Carnival shares fell 5% and 6% respectively, as oil prices surpassed $100 per barrel, impacting their operating expenses.
- Constellation Energy and Vistra shares rose 2% following a Department of Energy initiative to increase power generation from existing nuclear infrastructure.
- Firefly Aerospace surged about 20% after a successful rocket launch.
- Petco Health and Wellness shares jumped nearly 30% on positive full-year sales growth expectations.
- Lucid Group's stock fell more than 7% after projecting cash flow positivity later this decade and outlining expansion plans.
- Fertilizer stocks like CF Industries and Intrepid Potash saw significant gains due to potential disruptions in trade routes affecting global food production costs.
- Bumble shares popped about 36% following strong fourth-quarter earnings and positive first-quarter guidance.
- Netskope plunged 22% due to weak guidance for both the first quarter and the full year.
- Private credit stocks, including Blue Owl Capital, Blackstone, and Apollo Global, declined amid withdrawal caps imposed by major financial institutions.
- Hims & Hers Health tumbled nearly 4% after Eli Lilly issued a warning about an impurity in a compounded drug.
- Dollar General shares declined almost 5% after issuing underwhelming full-year guidance.
- UiPath shares dropped more than 7% as its first-quarter outlook did not impress Wall Street.
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