Check out the companies making headlines for noon deals. Solventum – Shares have skyrocketed about 10% after healthcare companies announced they would sell their cleansing and filtration business to Thermo Fisher Scientific for $4.1 billion. The transaction is expected to close by the end of 2025. SEMPRA – Utility stock plummeted 20%. Sempra cuts its full-year earnings forecast, seeking adjusted earnings of $4.30 to $4.70 per share, with guidance of $4.90 to $5.25 per share. The fourth quarter results also missed the top and bottom line marks. Krispy Kreme – Shares fell 24% after the donut chain missed fourth quarter expectations. Krispy Kreme recorded an adjusted earnings of 1 cent per share with revenues of less than $444 million for revenue analysts voted by Factset. The company’s full-year guidance also disappointed analysts’ revenue and revenue forecasts. American Tower – Telecommunications Inventory added 6% to the background of its fourth quarter revenue beat. According to Factset, American Tower has made $2.55 billion in revenue to $2.55 billion. Li Auto – US trading stocks surged around 13% after the Chinese electric vehicle company shared a new photo of its first all-electric sports utility vehicle, the Li Auto I8. The company released two photos on its WeChat account after market time. Home Depot – Home Improvement Retailers saw their shares rise more than 4% after the company posted positive equivalent sales after an eight-quarter decline. Home Depot also narrowly violated Wall Street’s fourth quarter revenue estimates. Eli Lilly – Stock rose more than 2% shortly after the pharmaceutical company firing high-dose vials of patient weight loss drug Zepbound through the “Self-Payment Pharmacy” section of the direct consumer website. Keurig Dr Pepper – Beverage stocks have popped 3% after the company broke both on top and bottom lines last quarter. Keurig received an adjusted 58 cents per share with $4.07 billion in revenue, but the analysts voted by FactSet called 57 cents and $40.1 billion per share, respectively . Super Micro Computer – Shares fell 8% as Super Micro Keyfiring Deadline Day arrived. In December, the company received an extension until February 25th and submitted its updated financial statements. Hims & Hers Health – Telehealth Stocks plummeted almost 25%. Hims & Hers posted the total margin for the fourth quarter that disappointed Wall Street. The stock fell late last week when the US Food and Drug Administration declared that Wegovy and Ozempic were no longer short. Tempus AI – Artificial intelligence-driven biotech stock plummeted 16% after Tempus AI recorded fourth-quarter revenue of $2 million, while analysts called $203 million per LSEG. PayPal – After reaffirming 2025 financial guidance at the Investors Day event, payment stocks fell 2%. PayPal said it was hoping to accelerate its adjusted earnings per share growth by 2027. Stocks first opened high before morning trading declined. Chegg – Online education stock took 28%, showing a 24% decline from the previous year after Chegg posted a net loss of $6.1 million with fourth quarter revenues. On Monday, Chegg sued Google, claiming that the AI summary of the latter search results had hurt Chegg’s traffic and revenue. Cleveland-Cliffs – Shares fell nearly 5% after the steel company reported a loss of 92 cents per share in the fourth quarter. This was wider than analysts at 61 cents per LSEG had expected. Cleveland Cliffs quarterly revenue fell 15% year-on-year. Zoom Communication – Stocks fell 8% after the video conferencing company led full-year revenues between $4.7885 billion and $4.75 billion. That’s below the $4.81 billion analyst Factset was looking for. Bank Stocks – Big banks fell on Tuesday as concerns about the recession after consumer confidence missed expectations in February. Citigroup, JPMorgan, Goldman Sachs and Wells Fargo all drove around 2%, while Morgan Stanley and Bank of America skied over 1%. Tesla – Shares in the electric car maker slipped nearly 8%, falling for the fourth consecutive day, pulling Tesla’s market capitalization to under $1 trillion. Tesla’s fall comes as investors escape from the speculative corner of the market, including the Megacap technology name. – CNBC’s Sean Conlon, Alex Hurling, Yun Lee and Jesse Pound reported.
The most active stocks are DNUT, CHGG and ZM.
