Check out some of the companies that made the biggest moves midday: JPMorgan Chase — The largest U.S. bank fell more than 3% and traded near the session’s lows after investment banking fees fell and fell less than expected. JPM’s chief financial officer suggested the banking industry could push back against President Donald Trump’s call for a one-year 10% cap on credit card interest rates. Chipotle Mexican Grill — The fast-casual chain fell more than 3% after reaffirming its 2025 outlook, which shows a low-single-digit decline in same-store sales. Chipotle has named an interim chief marketing officer to replace outgoing Chris Brandt. Moderna – Shares rose more than 14%. Speaking at the JPMorgan Healthcare Conference, Moderna CEO Stéphane Bancel predicted the company’s 2025 sales would be about $1.9 billion, above the midpoint of earlier estimates. L3Harris Technologies — The defense contractor added 1% after partnering with the Department of Defense to increase solid rocket motor capacity and aiming for an initial public offering for its missile business in the second half of 2026. Under the agreement, the United States will invest in the business through $1 billion of convertible senior notes that will convert into common stock after the IPO. Boeing — The aerospace company surpassed Airbus’ sales in 2025 for the first time since 2018, rising more than 3%. In December, Boeing recorded net orders for 174 planes, including more than 100 737 Max aircraft for Alaska Airlines. Boeing delivered 63 jetliners to customers last month. Option Care Health — provider of home or non-hospital infusion services rose 10%. Option Care releases preliminary fourth-quarter financial results, releases initial financial guidance for 2026, and doubles stock repurchase authorization to $1 billion. Cardinal Health — The drug distributor raised its full-year outlook, sending its stock up nearly 4%. Cardinal now expects adjusted earnings to be at least $10 per share, higher than previous expectations of $9.65 to $9.86. Delta Air Lines — The airline fell more than 3% after reporting mixed fourth-quarter results. The company’s adjusted earnings were $1.55 per share, beating the LSEG consensus of $1.53 per share. However, sales were $14.61 billion, slightly lower than the forecast of $14.69 billion. Intel, AMD — KeyBanc upgraded both chip stocks to overweight, saying they each have room to rise more than 30% thanks to a memory chip supercycle and massive data center demand. Intel rose nearly 8% and AMD rose 6%. Travere Therapeutics — The biopharmaceutical stock fell 32% after receiving a request from the FDA for additional information to characterize the clinical efficacy of its kidney injury drug. PAR Technology — Shares rose more than 2% after Papa Johns announced it was using PAR Technology’s foodservice technology across its restaurants. Revvity — The health sciences company rose nearly 4% after reporting preliminary fourth-quarter revenue of $772 million, beating the $757 million expected by analysts surveyed by FactSet. Leviti said it expects full-year adjusted earnings per share to exceed the high end of previous estimates of $4.90 to $5 per share. — CNBC’s Michelle Fox, Fred Imbert, Christina Cheddarburg and Darla Mercado contributed reporting.
