Midday Trading Highlights

Here’s a quick look at some companies making news during midday trading:

Coty

Shares of this beauty retailer dropped over 20% after its latest quarterly results. Although it reported revenues of $1.25 billion—surpassing the $12 billion forecast by analysts—the earnings fell short by more than 2 cents per share. The company expects a slow start to 2026 but is optimistic about a rebound in the latter half of the year thanks to new product launches and tariff reductions.

Paramount Skydance

This company saw a 15% rise in inventory, leading monthly profits to exceed 25%. Recent second quarter revenues surpassed expectations, driven by surprising profits in its streaming division, which propelled stocks higher.

XPENG

U.S. stocks for this Chinese electric vehicle manufacturer surged over 14%. CEO Xiaopeng acquired 3.1 million Class A shares via Galaxy Dynasty Limited. The stock price climbed around 17% this week as the company reported revenues that exceeded quarterly expectations and narrower losses.

Walmart

Shares of big-box retailers fell more than 4%. Walmart’s fiscal second quarter revenues outperformed estimates, but adjusted earnings of 68 cents per share fell short of the 74 cents consensus from LSEG. Still, the retail giant raised its annual revenue and sales outlook.

Nordson

Shares of this adhesives and coating manufacturer rose over 5% following better-than-expected revenue reports. Nordson now forecasts its full-year sales to be slightly above earlier guidance.

Cracker Barrel Old Country Store

Shares of this restaurant and gift shop chain dropped by 14%, following the release of a new logo that faced some backlash on social media.

Maplebear

This grocery delivery service, operating similarly to Instacart, saw a 2% decline in shares after Wedbush downgraded it to Underperform due to increased competition.

Hewlett Packard Enterprise

This tech service provider gained 3% after Morgan Stanley upgraded its rating to overweight. Analyst Erik Woodring noted that upcoming quarter results could act as a positive catalyst for its shares.

Broadstone Net Lease

Shares of this real estate investment trust increased by over 2% after Goldman Sachs upgraded it from Sell to Purchase, citing a strong development pipeline that may lead to steady revenue growth and a narrowed valuation gap.