Check out the companies making headlines in midday trading.
Ulta — Shares of the cosmetics store dropped more than 5% after the company released long-term financial targets during its investor day. Some investors might be disappointed that Ulta didn’t issue guidance for full-year 2021. The stock is up more than 34% this year.
ProShares Bitcoin Strategy ETF — Shares of the long-awaited bitcoin ETF jumped about 2% in its trading debut on the New York Stock Exchange Tuesday. The fund tracks CME bitcoin futures, or contracts speculating on the future price of bitcoin, not the digital currency itself. It’s the first bitcoin-linked ETF to trade in the U.S.
Intuitive Surgical — The medical robotics company ticked about 3.5% higher in midday trading after releasing encouraging preliminary data from its ION platform’s peripheral lung nodule biopsies. ION is Intuitive’s FDA-approved, robotic-assisted platform for minimally-invasive lung biopsy.
Johnson & Johnson — Shares of Johnson & Johnson rose 3% after the company beat third-quarter earnings-per-share expectations by 25 cents per share. The pharmaceutical company said it sold $502 million of its Covid-19 vaccine in the third-quarter.
Virgin Galactic — Shares of the space company fell 0.5% in midday trading after Morgan Stanley lowered its price target on Virgin Galactic to $17 from $25. Virgin Galactic last week announced it would delay its spaceflight tests to 2022.
Alibaba — Shares of the Chinese e-commerce giant popped 4.2% after the company announced it has developed a custom computer chip that it will use to power its data center servers.
ChargePoint Holdings — The electric vehicle infrastructure company rallied more than 5% after Stifel initiated coverage of ChargePoint with a buy rating. The Wall Street firm said it sees positive free cash flow as early as 2024 for the electric vehicle infrastructure company.
Procter & Gamble — Shares of the consumer giant dipped roughly 1.5% after the company raised its forecast for commodity and freight costs for the remainder of the fiscal year amid persisting inflation. P&G reported fiscal first-quarter net income of $4.11 billion, or $1.61 per share, down from $4.28 billion, or $1.63 per share, a year earlier. Analysts surveyed by Refinitiv were expecting earnings per share of $1.59.
Travelers — The insurance stock rose more than 2% after a better-than-expected third-quarter report. Travelers earned $2.60 per share on $8.81 billion in revenue, boosted by a gain in net written premiums.
Walmart — Shares of the retail giant rose 1.6% after Goldman Sachs added the stock to its conviction buy list. Goldman said in a note to clients that Walmart’s investments in e-commerce and its supply chain should boost profits.
— with reporting from CNBC’s Jesse Pound, Hannah Miao, Tanaya Macheel and Yun Li.
Vikings’ Lewis Cine suffers gruesome knee injury, taken out of game on cart
Christian Eriksen slams Man Utd’s display after City thumped SIX past them
News: IHG Hotels & Resorts continues Nordic expansion with a new signing in Sweden
The ‘scary stuff’ Biden’s White House and DOJ might have done to attack parents: Jim Jordan
SUV driver wanted after video shows suspect shooting parked cars in Whitestone, Queens
Book of Travels | Evolving Vehicle Travel
LAX-Bound Flight Forced to Divert After Woman Screams ‘We’re All Gonna Die!’
Feeding America teams up with others to help the hungry, preserve their ‘dignity’ and change policy
Viral Mask wali ladki 16 Video | Viral Mask Girl 16 Video Link 100%
How Long Does the Flu Last? What to Know About Recovery
GrowWithJo Is the Only Workout App I’ve Ever Liked
Why Ringo Starr Got Angry When He Met Elvis Presley
Investigators seek cause of fire at Nashua strip mall
TOP 10 des blagues que seuls les ADULTES comprennent dans ALADDIN !
How ‘God of War’ Made Accessibility a Core Part of Its Game Design
Finance13 hours ago
Taiwan Bank To Buy American Continental, Eyes Further U.S. Expansion Amid Military Tension With Beijing
News15 hours ago
EMILY PRESCOTT: Cara Delevingne sitting on a £42million fortune including Cara & Co and Hot Mess
Finance22 hours ago
Tax Planning For Hurricane Victims
Finance22 hours ago
U.S. Bank Regulators Should Require Robust Climate Change Risk Measurements And Disclosures From Banks
Auto24 hours ago
1934 Streamliner Looks Like Nothing Else, And It’s The Only One Left
Sport13 hours ago
Nice leading Mudryk chase despite links with Prem clubs including Arsenal
News8 hours ago
London Marathon LIVE: Latest updates from 26-mile race across British captial
News13 hours ago
Megan Fox and Machine Gun Kelly Do Have 1 Drastic Difference — In Height, Not in Age