Check out some of the companies that are making headlines in intraday trading. Coinbase — The cryptocurrency exchange’s stock price rose 12% after it began trading shares on its platform. The move is part of Coinbase’s strategy to become a place where investors can trade not only cryptocurrencies, but also stocks and exchange-traded funds, and bet on market predictions. Paramount Skydance — The entertainment giant’s stock rose slightly after Paramount Skydance raised its offer to buy Warner Bros. Discovery to $31 per share. The price has risen from $30 per share. Warner Bros. said its board of directors would consider the proposal. Netflix, which already has a deal with Warner Bros., soared 5%. Warner Bros.’s decline was less than 1%. Clear Secure — The biometric ID platform soared 25% as fourth-quarter adjusted earnings per share, revenue, adjusted EBITDA, and first-quarter revenue guidance all beat Wall Street consensus estimates, according to FactSet data. Phototronics — the maker of plates used to make integrated circuits and flat panel displays soared more than 12%. First-quarter earnings before one-time items and revenue beat analysts’ average expectations, according to FactSet data. Diageo — The British spirits company fell more than 13% following poor results, gave lackluster guidance and plans to cut its dividend. Diageo blamed weak demand in North America and China and said organic sales would fall by 2% to 3% in 2026 due to further weakness in the United States. The results also put pressure on other alcohol stocks, with Boston Beer down 5%, Constellation Brands down 3% and Molson Coors down 4%. GoDaddy — Shares fell 16% as the company expected lower-than-expected annual revenue due to slower adoption of AI-related technology. GoDaddy expects revenue of $5.195 billion to $5.275 billion this year, falling short of analysts’ consensus estimate of $5.28 billion, according to FactSet. Lowe’s — The home improvement retailer fell about 5% after reporting weaker-than-expected forward-looking results for the fiscal year. Lowe’s expected annual earnings are between $12.25 and $12.75 per share, excluding one-time items, below analysts’ consensus estimate of $12.90, according to FactSet. “While housing macros remain under pressure, we are focused on responding within our control, including continued productivity efforts,” Lowe’s said in a statement Wednesday. First Solar — The solar power technology company fell 14% after weak fourth-quarter results and full-year guidance. First Solar earned $4.84 per share in the quarter, compared to analyst estimates compiled by LSEG of $5.15 per share. Revenue of $1.68 billion exceeded analysts’ consensus estimates of $1.56 billion. First Solar’s full-year sales forecast is between $4.9 billion and $5.2 billion, well below the analyst consensus of $6.12 billion. Cava Group — Shares of the Mediterranean restaurant chain rose 24% after the company reported fourth-quarter results and 2026 guidance that beat expectations. Cava had revenue of $275 million and 4 cents per share, compared with the expectations of analysts surveyed by LSEG for revenue of $268 million and 3 cents per share. The company also reported full-year sales of more than $1 billion for the first time. Looking ahead, Cava expects sales for restaurants open for at least a year to grow 3% to 5% in 2026. Axon Enterprises – maker of electric shock weapon Taser guns soared 22%. Axon expects sales to rise 27% to 30% year over year in 2026, while analysts are calling for a 26% increase, according to LSEG. Fourth-quarter adjusted earnings were $2.15 per share on revenue of $797 million, beating estimates of $1.60 per share and $755 million. Oddity Tech — Israel’s online retailer of cosmetics and beauty products has almost halved, collapsing by 46%. Oddity said the algorithm changes were expected to cause “account misalignment with our largest advertising partners” and result in a 30% year-over-year decline in first-quarter revenue. Marqueta – The credit card services company fell 7%. Marketa’s full-year sales growth forecast missed Wall Street’s expectations, with the company calling for 12% to 14% year-over-year growth. FactSet consensus is for 17.6% growth. MercadoLibre — Uruguay-based e-commerce company’s stock price fell 10%. MercadoLibre’s fourth-quarter profit was lower than analysts expected, but net revenue of $8.76 billion exceeded expectations of $8.47 billion, according to FactSet. Par Pacific Holdings — The Houston-based energy company fell more than 8% after Par Pacific posted an adjusted fourth-quarter profit of $1.17 per share. This was below the FactSet consensus estimate for earnings of $1.27 per share. On the other hand, sales exceeded expectations. Everus Construction Group — The construction services provider rose 29% after reporting fourth-quarter earnings that beat expectations. Everus posted earnings of $1.08 per share on revenue of $1.01 billion. That beat analysts’ estimates for earnings of 77 cents a share and revenue of $879.6 million, according to FactSet. International Business Machines — The stock rose nearly 4% after UBS upgraded IBM from sell to neutral, citing the stock’s more balanced risk-reward profile despite the disruption risks posed by artificial intelligence. “The competitive risk to IBM’s Z vertical integration platform is largely reflected in the stock trading at a 7% FCF yield,” UBS analysts said in a note to clients. “Given the complex vertically integrated stack that offers strong customer stickiness, customer data sovereignty, and quantum-secure cryptography, we do not foresee mainframe disintermediation for years to come.” Circle — Shares soared 28% after the stablecoin issuer’s fourth-quarter results beat Street expectations. This was mainly due to the strong adoption of dollar-pegged tokens. The company reported EBITDA of $167 million and revenue of $770 million for the final quarter of 2025, beating FactSet consensus estimates of $130.8 million and $747.9 million, respectively. Circle also highlighted that by the end of last year, $75.3 billion worth of USDC tokens were in circulation, an increase of 72% year-on-year. —CNBC’s Liz Napolitano, Pia Singh, Sarah Min, Yun Li, Davis Giangiulio and Scott Schnipper contributed reporting.
