Check out the companies making their biggest moves at noon: Aerobilentment – Defense contractors gathered over 22% after reporting results that surpassed fourth quarter expectations. Aerovironment won $1.61 per share with revenue of $275.1 million, excluding certain items. Analysts voted by FactSet had expected a profit of $1.38 per share against revenue of $241.5 million. The company’s 2026 revenue guidance also won estimates. Bumble – Online dating services surged 23% after revealing that they plan to cut 30% of their workforce. This reduction will help the company save $40 million a year, with most revenue reinvesting into the business. Bumble also increased its revenue guidance this quarter from $244 million to $249 million, and from $235 million to $243 million. SITIME – Fabless Chipmaker fell 15% after the company filled in $350 million in common stock. Worthington Enterprises – The stock rose 3%, reaching a 52-week high after the manufacturer’s fourth quarter financial results exceeded expectations. That adjusted revenue came at $1.06 per share, compared to the expected 83 cents from analysts voted by FactSet. Revenue was $317.9 million, surpassing the consensus estimate of $303 million. Yum Brands – KFC, Taco Bell and Pizza Hut’s parent shares rose more than 2% after JPMorgan upgraded its chain from neutral to overweight. The bank said that strong free cash flow generation can send stocks higher, among other catalysts. Paychex – The stock has slid over 8% after the payroll company’s latest quarterly results disappointed investors. Paychex recorded adjusted earnings of $1.19 per share in fourth quarter revenues of $1.43 billion. That’s roughly paralleled the revenue of $1.19 per share, estimated by analysts voted by FactSet. Operating profit for the period excluding items arrived at $576.7 million, below $576.7 million. BlackBerry – Cybersecurity stocks rose 16% after first quarter revenue and earnings surpassed analyst estimates. BlackBerry also raised year-round guidance on revenue adjusted prior to interest, tax, depreciation, amortization, or EBITDA. BP – Oil Major’s shares added more than 1% after the Wall Street Journal reported that Shell was in early stage talks to acquire BP in a crucial deal of around $80 billion. Apart from that, those familiar with the issue told CNBC’s Brian Sullivan that it’s unlikely that Shell will be all BP. Rather, they said that if such a transaction occurs, it is likely that a portion of the BP will be purchased by multiple companies. FedEx – Shippers fell nearly 2% after revenue guidance this quarter became weaker than expected. FedEx forecasts adjusted earnings of $3.40 to $4.00 per share, while Analyst painted the pencil at $4.05, according to Factset. The fourth quarter results beat expectations. Flagster – New York Regional Bank shares fell more than 4% after Zoran Mamdani clearly won the Democratic primary for the New York mayor on Tuesday. Flagster has been heavily exposed to loans from multi-family homes in New York City, and Mamdani has exercised on the frozen rent of regulated units. Quantumscape – Stock rose more than 35% after the company developing solid lithium metal battery technology announced that it would integrate advanced Cobra separation processes into baseline cell production. Cobra is designed to allow faster, more energy-efficient production, Quantumscape said in a press release. -CNBC’s Christina Cheddar-Berk, Jesse Pound, Sean Conlon and Michelle Fox contributed to this report.
