Harley-Davidson: Check out the companies that are making the biggest moves of Harley-Davidson. MotorcycleManufacturer has raised 16% after the company announced a partnership between its funding division and private asset managers KKR and PIMCO. “This partnership will transform (Harley-Davidson Financial Services) into a financial business of capital light through the sale of existing and future retail loans while maintaining strategic value,” Harley-Davidson said in a statement. WINGSTOP – The chicken wing chain has revolved more than 22% after the company posted its second quarter results that beat analyst expectations. WingStop reported an adjusted earnings of $1 per share against revenues of $174.3 million. Analysts voted by FactSet had expected a profit of 87 cents per share against revenue of $173.7 million. WingStop also increased the growth rate of global units throughout the year. Humana – The stock rose 5% after the insurance giant reported second-quarter earnings above expectations. The company recorded an adjusted profit of $6.27 per share against revenue of $323.9 billion. According to LSEG, analysts had expected a profit of $5.92 per share to $318.9 billion in revenue. Humana also raised its full-year revenue and revenue guidance. AVIS Budget Group – The stock slides 13% after the car rental company recorded a profit of 10 cents per share in the second quarter on a GAAP basis. This is down from a share of 41 cents in the same period last year. VF Corporation – Timberland and the North Face owners rose 11% following the latest quarter results. VF Corporation recorded an adjusted loss of 24 cents per share. This is slimmer than the 34 cents per share loss expected by the analysts voted at FactSet. The company’s $1.8 billion revenue is also better than the consensus estimate of $1.7 billion. Teradyne – The manufacturer of automated test equipment rose 19% after second quarter profits and sales surpassed Wall Street estimates. Management expects that “AI will drive strong H2 performance.” “The Semiconductor Test Group was better than expected results in Q2,” he said, adding, “Predominantly artificial intelligence applications System-on-a-chip (SOC) was the strongest growth driver for the upcoming quarter.” Federal Signals – Shares surged 21% after the telecom equipment manufacturer reported second-quarter adjusted earnings of $1.17 per share against $564.6 million in revenue. According to FactSet, analysts had forecast profits of $1.06 per share and revenues of $537.3 million. The company also raised its full-year revenue and revenue guidance. Sarepta Therapeutics – Biopharma Company rose more than 9% after Dr. Vinay Prasad resigned from his role as Chief Medical and Scientific Officer of the U.S. Food and Drug Administration. The controversial figure was a critic of Salepta’s Elevedi, a gene therapy for Duchenne muscular dystrophy. The agency recently requested that Salepta voluntarily remove it from the market after a series of patients died. The company has resumed shipping to patients who are still able to walk. No outpatients have died after using Elevidys. Novo Nordisk – Shares in the Danish drug giant slipped 6%, extending double-digit declines from Tuesday, citing lower expectations of US sales growth in the second half after the company cut its full-year guidance. Novo Nordisk has announced a new CEO to revive the decline in sales and tackle increasing competition. Bank of America has downgraded its stocks to neutral. Teladoc Health – Shares rose almost 2% after Telehealth Provider posted a better-than-expected second-quarter results. Teladoc Health reported a loss of 19 cents per share, narrower than the loss of 26 cents per share predicted by analysts voted by FactSet. Revenue of $631.9 million exceeded the consensus estimate of $622.6 million. MONDELEZ – The manufacturer of Oreo Cookies slipped 6% 6% after adjusting for organic growth in the second quarter and total margins that did not meet analyst expectations. However, Monderes reported second quarter revenue and revenue prior to the Wall Street consensus. LENDINGCLUB – Online lender stocks have collected over 18% in the background of strong financial results in the second quarter, increasing the value of loan origination by 32% from a year ago. LendingClub posted a profit of 33 cents per share on its $248.4 million revenue, but analysts voted by LSEG were hoping to earn 15 cents per share on its $228 million revenue. PELOTON – The exercise equipment manufacturer jumped 17% after UBS upgraded its stock to buy from neutral, indicating it could almost double its current level. – Reported by CNBC’s Lisa Han, Christina Cheddar Berg, Alex Hurling, Sean Conlon and Scott Schnipper.
The most active stocks are pigs, wings, srpt
