Check out some of the biggest moves at noon: Staar Surgical – The embedded eye lens maker rose 45% higher, valued STAAR at around $1.5 billion after Alcon agreed to buy it for $28 per share. The transaction is expected to close in the next six to 12 months. DigitalOcean – Software inventory attracted 27% with better than expected second quarter results. DigitalOcean also raised its full-year revenue and revenue guidance. Coinbase – Crypto Exchange fell more than 5% after selling $2 billion on convertible senior bonds. Lattice Semiconductors – Second quarter revenue was $124 million, with semiconductor manufacturers surged 9.5%, surpassing the $123.7 million consensus forecast from analysts voted by FactSet. Earnings per share, excluding one-off items, were 24 cents per share, consistent with quarterly expectations. UFP Technology – Medical parts manufacturers surged 11% after posting second-quarter adjusted revenue of $2.50 per share, compared to the analysts surveyed by FactSet. Revenue of $151.2 million fell short of the expected $151.6 million. Palantir Technologies – Defense technology stocks rose 6.8% after quarterly revenue exceeded $1 billion for the first time and increased full-year guidance. Palantir currently expects annual revenues to range from $4.142 billion to $4.15 billion, with previous guidance expected to increase from $3.89 billion to $39 billion. Second quarter revenue and revenue also raised expectations. Pfizer – Drugmakers rose 3.6% after raising guidance in the wake of second-quarter revenue and revenue that surpassed analyst estimates. Pfizer currently forecasts annual adjusted revenues between $2.90 and $3.10 per share against previous guidance of $2.80 to $3 per share. Yum Brands – Parents of KFC, Taco Bell and Pizza Hut fell almost 4% after their second quarter results missed expectations. Adjusted earnings of $1.44 per share were less than two cents than the LSEG consensus estimates, while revenues of $1.93 billion delayed analysts’ forecast of $1.94 billion. Eaton – Power management companies fell 6% after issuing third quarter guidance. Eaton expects adjusted earnings of $3.01 to $3.07 per share, while analysts voted by LSEG are forecasting $3.09 per share. Second quarter revenue and revenue surpassed expectations. BP – The former U.S.-registered stock of UK-based oil, a UK-based oil producer, added 3% after BP’s quarterly profit was expected. Dupont de Nemours – Chemical makers rose 3.3% after second-quarter adjusted revenue of $1.12 per share exceeded $1.06 per share, as voted by LSEG. Revenue of $3.26 billion exceeded the consensus estimate of $3.24 billion. Duke Energy – Charlotte-based utility rose 1.1% after adjustable earnings of $1.25 per share for the second quarter exceeded $1.18 per share surveyed by FactSet. Duke Energy reaffirmed its annual adjusted revenue guidance between $6.17 a year and $6.42 for $6.42 for $6.42 for $6.42. Lemonade – Insurance companies rose 29% after issuing more than expected year-end guidance. Lemonade is increasing revenues of between $710 and $715 million, from $661 million to $663 million. HIMS & HERS HEALTH – TeleHealth Company pulled back 8% after second-quarter revenue that missed a $545 million estimate from analysts voted by LSEG, which called for $552 million. The company’s forecast for third quarter revenues before interest, taxes, depreciation and amortization of $60 million to $70 million also missed analysts’ $77 million forecast. Axon Enterprise – Makers of Tasers and other police products rose 14% after revenue in the second quarter won street expectations and triggered full-year financial guidance. Axon won $2.12 per share, with the exception of one-off items, earning $669 million, while analysts surveyed by Factset estimated $1.45, $1.45, with revenue of $641 million. Axon looks at revenues ranging from $2.65 billion to $2.73 billion over the full year, ranging from $2.6 billion to $2.7 billion, with analysts’ consensus estimates of $2.66 billion. Syndax Pharmaceuticals – Stocks skyrocketed over 16% after Bioharmaceutical Company’s second quarter earnings hit analysts’ expectations. SynDax also recorded a smaller loss than expected per share. GARTNER – The tech-centric advisory company plummeted almost 30% after issuing disappointing guidance. Gartner has seen adjusted revenues of at least $11.75 per share and revenues of at least $6455 million for the full year. Analysts voted by FactSet were looking for $12.48 per share in profits and $6.57 billion in revenues. – CNBC’s Darla Mercado, Lisa Han and Alex Harring contributed the report.
