Check out the companies that made the biggest moves at midday: Skyworks Solutions , Qorvo — The chipmaker’s stock soared, recovering from a drop in pre-trade on safety concerns surrounding artificial intelligence trading. Skyworks stock rose 10% and Quarbo stock rose 7%. Axon Enterprises — Shares fell 9% after the Taser maker announced a $1 billion convertible debt sale. Revvity — Shares of the company, which provides equipment for life sciences research, rose 7% to a 52-week high. On Tuesday, leaders shared details about Revvity’s outlook for the rest of this year at the Baird Healthcare Conference. The company ended the second quarter with a large backlog of orders, with orders not completed during that period expected to ship in the third and fourth quarters. Dave & Buster’s Entertainment — Shares plunged 17% as the arcade and restaurant company’s second-quarter results disappointed investors. The company reported revenue of $544.1 million in the quarter, below the FactSet consensus estimate of $556.8 million. Adjusted EBITDA was $98.9 million, below expectations of $120.4 million. The company also posted a surprise adjusted loss of 27 cents per share, below the 18 cents per share earnings expected by analysts surveyed by FactSet. Enova International — Shares fell more than 25% after the online provider of loan and credit services announced it was withdrawing regulatory filings for its planned acquisition of Grasshopper Bancorp, but Enova reaffirmed its third-quarter and full-year outlook and announced its intention to accelerate share repurchases. Sysco — Shares fell 3% after the wholesale distributor to restaurants, hospitals and schools announced an offering of 12.3 million shares of common stock at $81 per share. Alignment Healthcare — Shares of the company, which offers Medicare Advantage plans, plunged 18%. Management on Tuesday cited headwinds to its institutional acute care business, citing an increase in hospital stays in the skilled nursing category, according to Street Accounts. Alignment does not expect these trends to continue into 2027, but the company currently has no plans to change its 2026 guidance. Waystar — Shares rose more than 8%. Reuters reported, citing sources, that the healthcare software provider is considering a possible sale that could take the company private. The news came as the stock price fell 17% in 2026. Waystar’s software is used by hospitals and doctors to manage payments. Cryptocurrency Stocks — Stocks related to Bitcoin and leading cryptocurrencies plunged ahead of the Senate vote on the Clarity Act, a bill aimed at creating a regulatory framework for the crypto market. Shares of trading platform Coinbase fell more than 5%, and shares of cryptocurrency miner Riot Platforms fell 4%. Bitcoin Treasury Play Strategy stock fell 3%. — CNBC’s Darla Mercado, Ananya Chettiar, Liz Napolitano, Paulina Ricos, Fred Imbert and Nick Wells contributed reporting.
