Check out the companies that are trending in intraday trading. Hims & Hers — The telemedicine startup’s stock fell more than 10% after the U.S. Food and Drug Administration announced there was no longer a shortage of the active ingredients in Eli Lilly’s Mounjaro and the weight-loss drug Zepbound. GLP-1 injections are available at Hims & Hers. Vertex Pharmaceuticals — The drug company fell about 13% after announcing results from a Phase 2 trial of suzetrigine, a pain signal inhibitor for patients with painful lumbosacral radiculopathy. The study found that recipients who received a placebo showed “similar within-group reductions.” [the numeric pain rating scale]Palantir Technologies — Shares rose 4% after Palantir announced it has extended its long-standing partnership with the U.S. military with up to four contracts worth $400 million. Darden Restaurants — Shares soared more than 15% after Darden reported better-than-expected same-store sales growth. The company also raised Accenture’s full-year revenue forecast to $11.9 billion from $11.8 billion. — Shares of IT services management company Accenture rose about 7% after the company beat revenue expectations for the first quarter of its fiscal year and raised its full-year outlook, saying it expects revenue to increase. 4% to 7%, compared with advance expectations of 3% to 6% — the company’s stock price fell more than 16% after the company released a weaker-than-expected fiscal year outlook and the stock took off. . CEO Sanjay Mehrotra said the company’s “consumer market will weaken in the near term” and that the company expects to return to growth in the second half of 2020. Fiscal year. Lennar — The homebuilder’s stock fell 5% after Lennar’s first fiscal quarter profit fell short of analysts’ expectations. Lennar, hit by rising mortgage rates, reported sales of $4.06 per share on $9.95 billion, while analysts polled by FactSet said they expected sales of $4.15 and 100,000, respectively. It was expected to bring in $60 million. CarMax — Shares rose more than 2% after the company’s better-than-expected results. In the third quarter, CarMax’s revenue was $6.22 billion, or 81 cents per share. Analysts polled by FactSet had expected 62 cents per share and revenue of $6.05 billion. Innodata — Data engineering stocks rose 14% after Wedbush started outperforming. The company said it can win in the area of custom large-scale language models within artificial intelligence. Conagra Brands — The packaged food company lowered its fiscal year outlook, sending its stock price down about 2%. Conagra now expects adjusted earnings for the fiscal year to be in the range of $2.45 to $2.50 per share, compared to previous guidance of $2.60 to $2.65 per share and the FactSet consensus estimate of $2.50 per share. below $2.58 per month. Conagra still delivered strong fiscal second-quarter adjusted earnings and revenue that beat FactSet consensus. MicroStrategy, Coinbase — Cryptocurrency stocks fell along with the price of Bitcoin. MicroStrategy fell 6% and Coinbase fell 2.9%. Robinhood stock fell 1.6%. LAMB WESTON — Shares of the frozen potato maker fell nearly 22% after the company reported disappointing quarterly results and lowered its adjusted earnings forecast for fiscal 2025. Lamb Weston reported adjusted earnings of 66 cents per share on sales of $1.6 billion, while analysts surveyed by FactSet reported adjusted earnings of 66 cents per share on sales of $1.67 billion. Profit was expected to be $1.01. Lamb Weston also replaced CEO on Thursday. The company is under pressure from activist investor Jana Partners, which is forcing Lamb Weston to sell. — CNBC’s Alex Harring, Samantha Subin, Yun Li, Lisa Han, Sean Conlon and Michelle Fox contributed reporting.
