Check out the companies making the biggest moves at midday: Super Microcomputers — The computer server maker fell 7% after lowering its fiscal first-quarter revenue forecast to about $5 billion from its previous estimate of $6 billion to $7 billion. Quantum Computing Stocks — Quantum computing stocks soared after the Wall Street Journal reported that the Trump administration is in talks to acquire stakes in several quantum computing companies. Righetti Computing rose 11%, Aeon Q rose 10% and Quantum Computing rose 8%. Hexcel — The composite materials maker soared 15% to a 52-week high after its latest financial results beat expectations. Hexel’s adjusted earnings were 37 cents per share, beating FactSet consensus estimates by 1 cent. Sales came in at $456.2 million, compared to analysts’ expectations of $443.2 million. Hexcel also approved a $600 million share repurchase. WEST PHARMACEUTICAL SERVICES — Shares of the medical device maker rose more than 11% after the company raised its profit forecast after reporting better-than-expected third-quarter results. The company has benefited from supplying components for syringe pens to GLP-1 drug manufacturers. Southwest Airlines — Even though Southwest Airlines reported a surprise profit in its latest quarter, its stock price fell more than 7%. The company, which is in the midst of a turnaround effort, said it expects fourth-quarter unit revenue to increase 1% to 3% and capacity to increase 6% year-over-year. Knight-Swift Transportation — Shares fell 6% after the trucker’s third-quarter earnings per share came in at 32 cents, below analysts’ expectations of 37 cents, according to FactSet. Revenue was $1.93 billion, exceeding the consensus estimate of $1.9 billion. T-Mobile — The mobile communications provider fell more than 5% after its third-quarter results showed lower-than-expected capital equipment sales and higher-than-expected “other” revenue and capital spending than Wall Street analysts expected, according to FactSet’s StreetAccount service. Medpace Holdings — Shares rose 12% after the contract research organization reported better-than-expected third-quarter profits and issued a rosy fourth-quarter outlook. Medpace earned $3.86 per share on revenue of $659.9 million. Analysts polled by FactSet had expected earnings of $3.53 per share and revenue of $641 million. The company now expects fourth-quarter earnings to range from $14.60 to $14.86, up from its previous estimate of $13.76 to $14.53. Wyndham Hotels & Resorts — Shares fell nearly 6% after the hotel chain reported third-quarter revenue of $382 million, missing Wall Street consensus estimates. The company also lowered its adjusted earnings forecast for this year to between $4.48 and $4.62 per share. Las Vegas Sands — Shares rose 12% after the casino resort owner reported strong third-quarter earnings. This was mainly due to investment growth in Macau and Singapore. The company reported profit of $419 million for the quarter, and adjusted earnings of 78 cents per share, beating analyst estimates. Hilton Grand Vacations — Shares rose nearly 2% as the global timeshare company’s partners, including Travel & Leisure Inc., reported strong financial results and boosted investor sentiment for the vacation ownership sector. Honeywell — The industrial giant rose more than 7% after better-than-expected quarterly results. Honeywell earned $2.82 per share, excluding certain items, on revenue of $10.41 billion. Analysts polled by LSEG had expected earnings of $2.57 per share and sales of $10.14 billion. American Airlines — The airline rose 4% after reporting a better-than-expected earnings report and offering a positive outlook. American Airlines said it had an adjusted loss of 17 cents per share, smaller than the 28 cents expected by analysts surveyed by LSEG. Revenue came in at $13.69 billion, exceeding Wall Street expectations of $13.63 billion. United Rentals — Shares fell nearly 7% after the equipment rental company reported lackluster quarterly profits for the third quarter. The company’s adjusted earnings per share were $11.70, below the Street consensus of $12.32 per share. Hasbro — The toy maker rose 2% after reporting better-than-expected third-quarter results. Hasbro’s adjusted earnings were $1.68 per share, compared with analysts’ estimates compiled by FactSet of $1.63. Revenue came in at $1.39 billion, compared to the consensus estimate of $1.34 billion. The company noted expected softer expectations for consumer products related to the timing of U.S. retail orders, which offset some of the growth in Wizards of the Coast and digital games. Tractor Supply — Agricultural supplies stocks rose 4% following mixed third-quarter results. The company earned 49 cents per share, beating FactSet’s estimate of 48 cents per share. However, revenue was in line with expectations at $3.72 billion. Tesla — Shares fell 1% after the EV maker reported third-quarter earnings. Although the company recorded double-digit sales growth during the same period, it fell short of profit expectations and capital expenditures increased sharply. International Business Machines — The technology company fell 1% after closely watched third-quarter software revenue matched analyst expectations. However, IBM’s adjusted earnings per share of $2.65 beat the $2.45 expected by analysts polled by LSEG. Revenue of $16.33 billion exceeded the consensus estimate of $16.09 billion. Molina Healthcare — Shares fell more than 21% after the managed care company lowered its full-year profit outlook, citing rising costs across government-mandated plans. Beyond Meat — Shares of the plant-based meat company rose 3% after the speculative frenzy that had pushed the company’s stock up about 112% on Wednesday subsided. The stock rose after being included in the Round Hill Meme Stocks ETF on Monday. — CNBC’s Christina Cheddar Burke, Sarah Ming, Yun Li, Fred Imbert, Alex Harring and Michelle Fox contributed reporting.
Stocks with the biggest moves at noon: SMCI KNX WH LVS
