Check out the companies making the biggest moves at noon: Vicor — The maker of modular power components soared 25% after third-quarter earnings per share more than doubled Wall Street consensus. Travel + Leisure — Shares rose nearly 12% after the travel publication reported strong fiscal third-quarter results. Excluding items, the company earned $1.80 per share, beating FactSet’s estimate of $1.73 per share. Texas Instruments — The semiconductor maker fell more than 5% after disappointing earnings and a weak quarterly outlook. The company’s earnings were $1.48 per share, below LSEG’s estimate of $1.49 per share. Fourth-quarter earnings guidance ranged from $1.13 to $1.39 per share, below consensus of $1.41 per share. Winnebago Industries — The camper maker soared more than 25% after reporting strong fourth-quarter earnings. The company reported earnings per share excluding certain items of 71 cents, beating FactSet’s estimate of 53 cents per share. The company also reported revenue of $777.3 million for the quarter, beating the consensus of $727.8 million. BioAge Labs — Shares rose 13% after the biotech company decided to be acquired by Citi for its innovative obesity treatment. OKLO — The nuclear power development startup has fallen almost 14%, with a Financial Times article saying it could advance 500% in 2025 and have a market value of $20 billion, despite having “no revenue, no license to operate a reactor, and no binding contract to supply power.” Beyond Meat — The plant-based meat alternative company soars 29%, continuing its meme-fueled boom. Beyond Meat’s stock price soared more than 140% on Tuesday, its biggest single-day jump on record, after the company signed a deal with Walmart to expand distribution. Earlier this week, Round Hill Investments added BYND to its Meme Stocks ETF (MEME). To be sure, the stock was well off Wednesday’s high. Krispy Kreme — The donut chain rose 8% as trading activity in the meme stock continued to pick up. Krispy Kreme stock rose 14% on Tuesday, along with other speculative stocks such as Beyond Meat. Intuitive Surgical — The maker of robotic-assisted surgical systems soared 14% on better-than-expected third-quarter results. Intuitive reported adjusted earnings of $2.40 per share on revenue of $2.51 billion. Analysts had expected earnings of $1.98 per share on sales of $2.4 billion, according to LSEG. Pegasystems — Shares rose nearly 10% following the software company’s third-quarter results. Pegasystems’ adjusted earnings were 30 cents per share, compared with the 20 cents per share expected by analysts surveyed by LSEG. Revenue was $381 million, beating consensus estimates of $345 million. Capital One — The Virginia-based bank’s latest results beat Wall Street expectations, sending its stock up 3%. LSEG said adjusted earnings were $5.95 per share on revenue of $15.36 billion, compared to analysts’ expectations of $4.37 per share and revenue of $15.08 billion. DraftKings — Shares rose 2% after the sports gambling platform announced plans to acquire prediction market platform Railbird. We leverage the technology and management of our trading platform to create a unique event contracting service called Draftkings Predictions. Hilton Worldwide — The hotel chain rose 4.8% after third-quarter profit beat expectations. Hilton’s earnings, excluding one-time items, were $2.11 per share on revenue of $3.12 billion, compared with analysts’ estimates compiled by LSEG of $2.06 per share and $3.01 billion. Western Alliance — The Arizona-based regional bank posted third-quarter earnings of $2.28 per share, beating the $2.09 expected by analysts surveyed by LSEG, an increase of 1.7%. The bank’s revenue of $938 million also exceeded expectations of $890 million. Netflix — Netflix, the largest streaming platform, fell 10% after third-quarter earnings of $5.87 per share fell short of analysts’ expectations. Analysts surveyed by LSEG had estimated earnings of $6.97 per share. Sales were in line with expectations at $11.51 billion. BitFarms — Shares fell 14% as investors reacted to the crypto miner’s plan to issue $300 million in convertible debt due in 2031. Barclays — Shares rose 5% on Wednesday after the British banking lender announced a 500 million pound share buyback to coincide with its third-quarter results. Barclays also raised its guidance, expecting return on tangible equity to exceed 11% this year. — CNBC’s Scott Schnipper, Liz Napolitano, Itzel Franco, Alex Harring, Sean Conlon, Yun Li, Lisa Kai-Lai Han and Michelle Fox Theobald contributed reporting.
