Check out the companies making headlines in the midday trading: Coty – Following the latest quarter results, beauty retailer stocks plummeted over 20%. The $1.25 billion revenues beat the $12 billion predicted by analysts surveyed by LSEG, but the analysts had lost more than 2 cents per share per share they were looking for. The company also predicts a weak first half of 2026, but said a shift is expected in the second half, thanks to new product launches and tariff easing efforts. Paramount Skydance – Inventory has increased by 15%, bringing monthly profits to over 25%. Earlier this month, the company’s second quarter revenues were better than expected as its streaming division saw unexpected profits and sent stocks higher. XPENG – US stocks in Chinese electric car companies have rushed over 14%. CEO Xiaopeng purchased 3,100,000 Class A common stock through Galaxy Dynasty Limited. The share price rose about 17% this week, reporting revenues above quarter expectations and narrower losses than expected. Walmart – Big Box retailers slipped over 4%. Walmart fiscal second quarter revenues beat analyst estimates. Adjusted earnings of 68 cents per share may not be compared to the 74 cents LSEG consensus estimate. The nation’s largest retailer has raised its annual revenue and sales outlook. Nordson – Adhesives and coating manufacturers have collected more than 5% for better revenue and revenue than expected. Nordson said the full year sales are now slightly above the midpoint of the original guidance given earlier this year. Cracker Barrel Old Country Store – Restaurant and Gift Shop Chain fell by 14%. The company released its updated logo earlier this week, sparking some criticism of social media. Maplebear – Grocery delivery companies that operate as Instacart have dropped by 2%. Wedbush downgraded his name to Underperformance on Thursday, with analyst Scott Devitt cited Stiffening Competition as a potential headwind. Hewlett Packard Enterprise – Technology services company rose 3% after Morgan Stanley upgraded its investment rating to overweight. Analyst Erik Woodring said HPE’s upcoming quarter results could be a positive catalyst for inventory. Broadstone Net Lease – Real Estate Investment Trust shares have risen by more than 2% after Goldman Sachs upgraded twice to purchases from Sell. Goldman said Broadstone’s development pipeline could lead to reliable revenue growth and narrow the valuation gap. -CNBC’s Alex Harring and Michelle Fox contributed the report.
Noon in the biggest moves: Coty, PSKY, WMT
