Check out the companies making the biggest move at noon: Figma – The design company fell 22%, returning a mass of IPO profits since last week. Figma began trading on the New York Stock Exchange on Thursday. On the first day, the stock price tripled. On Friday, the stock received an additional 5%. FORTREA – The pharmaceutical company has collected over 21% after outperforming the Baird upgrade. “This isn’t the short-term numbers, the second quarter, or even 2025. It’s about long-term compounding opportunities. I hope we’ll be here for a long game,” Baird said. IDEXX Laboratories – Healthcare diagnostics firm reported second quarter results that beat expectations, sending stocks 26% higher. IDEXX won $3.63 per share with revenue of $11.1 billion. Analysts voted by FactSet were expecting a profit of $3.30 per share against $1.07 billion in revenue. American Eagle Trinkets – Stocks have surged nearly 20% after President Donald Trump called the retailer’s campaign “the “hottest” ads” with actress Sidney Sweeney. American Eagle is facing backlash against the campaign, and critics view it as sexist and deaf. TG Therapeutics – Stocks fell almost 15% after biotechnology companies reported second quarter earnings that missed the mark. TG Therapeutics reported earnings of 17 cents per share, but Analyst reported that he voted by fact set. Joby Aviation – The electric aircraft manufacturer has raised 20% after announcing it would acquire Blade’s passenger business for $125 million. “This is a strategically important acquisition that supports the success of Joby’s commercial operations in Dubai, supporting subsequent global expansion and continued leadership in the sector,” Joby CEO Joeben Bevirt said in a statement. The deal is expected to close “in the coming weeks,” the company said. Berkshire Hathaway – Class A stock of Warren Buffett’s conglomerate fell about 3% after Berkshire’s operating profit fell 4% in the second quarter, affected by a decline in underwriting. Buffett’s $344.1 billion cash storage remained near record highs. The conglomerate was a net seller of stock in the 11th quarter. Cable parts suppliers rose 3% after agreeing to acquire Amphenol-Commscope’s Connectivity and Cable Solutions business for $10.5 billion in cash. The sale is scheduled to close in early 2026. Comscope stocks skyrocketed 75%. LOEWS – Added 2% after the insurance company reported second-quarter revenue of $1.87 per share. The company’s last quarter revenue was $4.56 billion, up 7% from revenue of $4.27 billion from the previous year. Energizer – The share price rose 24% after battery makers reported third-quarter earnings beats and increased full-year guidance. Energizer currently expects adjusted revenues of between $3.55 and $3.65 per share for a year. According to Factset, this exceeds the consensus estimate of $3.37 per share. WAYFAIR – Furniture retailers surged 11% after exploding past Wall Street expectations in the second quarter. Wayfair reported adjusted earnings of 87 cents per share with revenue of $3.27 billion, while Analyst voted by Factset to predict 33 cents per share and $3.13 billion each. Tyson Foods – The makers of Ballpark Frank and Jimmy Dean Sausages rose 4% in the third quarter’s third quarter adjusted earnings of 91 cents per share, surpassing the estimated 80 cents per share estimated by analysts surveyed by FactSet. Revenue of $13.88 billion also exceeded the expected $13.54 billion. In semiconductors, semiconductor manufacturers dropped 11% after issuing a third-quarter guidance shortage of 54 cents to 64 cents per share, while analysts expected fact set to be 58 cents per share. The lower limits of $1.465 billion to $1.565 billion were not below the consensus estimate of $1.5 billion. About revenue expectations for half of the second quarter and top earnings estimates. Bruker – The manufacturer of scientific instruments for molecular research flowed almost 6% after reducing revenue and revenue guidance for the fiscal year. Bruker expects earnings to reach $1.95 to $2.05 per share. Bruker reduced its revenue guidance to the $3.5 billion range from $3.43 billion, down from the previous $3.48 billion to $3.55 billion. Spotify – Shares rose 6% after Spotify said it would increase the price of premium personal subscriptions in several markets. TESLA – Electric Vehicle Stocks added 1.7% after Tesla’s board approved CEO Elon Musk’s compensation package, which consists of 96 million restricted shares totaling about $29 billion. – Lisa Han, Alex Harring and Yun Li of CNBC contributed the report.
