Check out the companies that made headlines in intraday trading: Dutch Bros. — Shares soared more than 32% after the coffee chain’s third-quarter results beat expectations. Dutch Brothers had revenue of $338 million and earnings per share of 16 cents in the same period, compared to analysts surveyed by LSEG who reported earnings of 12 cents per share and revenue of $325 million. It was. TRUMP MEDIA & TECHNOLOGY GROUP — Shares of President-elect Donald Trump’s media company plunged more than 20%, recouping gains from the previous session triggered by his presidential election victory. Shares of Warner Bros. Discovery soared 5.9% Wednesday after a Republican was elected as the 47th president of the United States. Shares of the streaming platform rose 9.9% after Warner Bros. Discovery reported third-quarter results that reflected the biggest quarterly growth in subscriptions since. The beginning. Warner Bros. Discovery added 7.2 million subscribers worldwide during the quarter and had 110.5 million subscribers as of Sept. 30. Under Armor — Shares of the athletic clothing company rose 33% following better-than-expected second-quarter results. Under Armor reported adjusted earnings of 30 cents a share on sales of $1.4 billion, compared to analysts polled by LSEG who expected earnings of 20 cents a share and sales of $1.39 billion. Lyft — Shares rose 24% after the ride-hailing company released fourth-quarter guidance that beat analysts’ expectations. Lyft expects bookings for the quarter to be between $4.28 billion and $4.35 billion, beating the FactSet consensus of $4.23 billion. Lyft also reported third-quarter adjusted EBITDA and revenue growth. Wolfspeed — The chip maker plunged 34% after fiscal first-quarter sales and a weaker-than-expected outlook for the current quarter. Wolfspeed’s first fiscal quarter revenue was $195 million, missing LSEG’s consensus estimate by $5 million. The company said it expects revenue for the current quarter to be between $160 million and $200 million, which is lower than the $215 million figure it posted. Match Group — Shares of the dating platform fell 17% after mixed third-quarter results and a disappointing fourth quarter. Earnings forecast. The company expected fourth-quarter revenue in the range of $865 million to $875 million, lower than the $905.1 million expected by analysts surveyed by FactSet. Arm Holdings — The semiconductor company rose 5.5% after reporting better-than-expected quarterly results. Arm had second quarter sales of $844 million and adjusted earnings per share of 30 cents. Analysts polled by LSEG had expected earnings of 26 cents a share and revenue of $808 million. Take-Two Interactive Software — The video game maker rose 6% after posting record profits in its fiscal second quarter. Take-Two reported revenue of $1.47 billion, beating the $1.43 billion expected by analysts surveyed by LSEG. HubSpot — The customer platform company beat expectations with quarterly earnings of $2.18 per share on revenue of $669.7 million, sending its stock up 10%. Analysts polled by FactSet had expected earnings of $1.91 per share on revenue of $647 million. AppLovin — The software publisher’s stock soared 44% after third-quarter results beat analysts’ expectations. AppLovin also expected fourth-quarter EBITDA of $740 million to $760 million, beating StreetAccount’s estimate of $667 million. Zillow Group — The housing market site saw its stock rise 24% after the company reported better-than-expected third-quarter profits and sales. Zillow had adjusted earnings of 35 cents per share on revenue of $581 million. Analysts surveyed by LSEG expected earnings of 29 cents per share on revenue of $555 million. elf Beauty — The beauty products retailer’s stock soared 18% after elf Beauty raised its full-year earnings and revenue outlook. The company now expects earnings to be in the range of $3.47 to $3.53 per share, beating previous estimates of $3.36 to $3.41 per share. Revenues ranged from $1.31 billion to $1.33 billion, up from expectations of $1.28 billion to $1.33 billion. Gilead Sciences — Shares rose 5.9% after the biotech company reported better-than-expected full-year profit guidance. The company currently expects earnings per share to be in the range of $4.25 to $4.45. Analyst price estimates compiled by LSEG were $3.80 per share. —CNBC’s Alex Harring, Sean Conlon, Hakyung Kim, Yun Li and Lisa Kailai Han contributed reporting.
Stocks with the biggest price movements at midday: WBD, APP, WOLF, LYFT
