Here are some of the stocks making the biggest moves in midday trading. GE Aerospace — Shares of the aerospace company tumbled more than 5% as investors grappled with the slower pace of revenue growth ahead. The stock had risen immediately after its fourth-quarter results and 2026 forecast topped analyst expectations. However, shares reversed as more detail revealed its commercial engine and services unit is seeing growth decelerate. GE Aerospace is up 59% over the past year. Meta Platforms — Shares of Meta are jumping more than 5%, leading the “Magnificent Seven” stocks as the broader market rally lifts all of the tech megacaps. The stock got a boost from a Jefferies note that reiterated the firm’s buy rating and Meta’s status as a top pick. Analyst Brent Thill wrote that the company has attractive risk-reward potential after the stock’s 18% drop since its last earnings report and strong position in the AI landscape. Northern Trust — The bank’s shares popped more than 6% after Northern Trust beat Wall Street’s expectations on the top and bottom lines in the fourth quarter. The bank posted earnings of $2.42 per share on revenue of $2.14 billion, topping the FactSet consensus of $2.37 per share and $2.06 billion. Net interest income and net interest margin also surpassed analysts’ estimates. Karman Holdings — Shares jumped more than 7%. The aerospace and defense company lifted its outlook for revenue and adjusted EBITDA in the 2025 fiscal year. Karman now sees revenue ranging from $470 million to $471 million, and adjusted EBITDA landing between $144.5 million and $144.9 million. The company said it also expects its recent acquisition of maritime defense companies Seemann Composites and MSC to be “immediately accretive in 2026.” The transaction is expected to close in the first quarter. Sphere Entertainment — Shares rose 7% after BTIG upgraded the entertainment company to buy from neutral. “While we have always been clear on improving fundamentals, profitability and narrative, we underappreciated execution ability under backdrop of a weakening lower end consumer … and therefore rerating potential,” analyst Tyler DiMatteo wrote. Procter & Gamble — The consumer products company gained neary 3% after its fiscal second-quarter adjusted earnings of $1.88 per share topped the LSEG consensus estimate of $1.86 a share. However, revenue of $22.21 billion came in below the $22.28 billion expected. Despite the mixed results, the company maintained its full-year forecast for revenue and adjusted earnings per share growth. McCormick — The spice maker tumbled 8%. Guidance for adjusted earnings for the fiscal year ending November 2026 came up short, with the company forecasting $3.05 to $3.13 per share, compared to the FactSet consensus call for $3.21 per share. Adjusted earnings in the fourth quarter also narrowly missed the mark. Mobileye Global — Shares sank 2% after the maker of autonomous vehicle tech’s full-year guidance disappointed investors. Mobileye expects revenue to come in between $1.9 billion and $1.98 billion, versus the $2 billion FactSet consensus estimate. It also guided for adjusted operating income between $170 million to $220 million, less than the $306 million expected from analysts. The company’s fourth-quarter revenue topped expectations, while its adjusted earnings of 6 cents per share was in line with estimates. GameStop — CEO and chairman Ryan Cohen snapped up 500,000 shares of the video game retailer at an $21.60 each on Wednesday, sending the stock 6% higher. That’s in addition to a purchase of 500,000 shares he made on Tuesday. Venture Global — The stock jumped 7% after the American natural gas exporter prevailed Wednesday in a legal battle with Repsol. The Spanish firm alleged Venture initially failed to deliver liquified natural gas from its Calcasieu Pass project in accordance with the firms’ 20-year contract. Datadog — The cloud software company was up nearly 7% after an upgrade from Stifel to a buy rating from a hold on the stock. The firm expects Datadog to post strong fourth-quarter growth, topping estimates once again . Datadog jumped more than 5% Wednesday after a slew of analysts reiterated buy or outperform ratings on the company. Huntington Bancshares — The Columbus, Ohio-based super-regional bank dropped more than 2% after fourth quarter GAAP earnings per share dropped to 30 cents per share from 34 cents a year ago. Net interest margin of 3.13% missed the consensus estimate of 3.15%, according to FactSet data. Abbott Laboratories — The maker of glucose monitoring systems and other medical devices slumped 8% after fourth-quarter revenue and first-quarter earnings per share guidance both trailed Wall Street estimates, according to FactSet data. Alibaba — U.S.-listed shares of the Chinese tech company popped 6% following a Bloomberg report Alibaba is planning an initial public offering for its artificial-intelligence chipmaking unit, T-Head. — CNBC’s Liz Napolitano, Davis Giangiulio, Scott Schnipper and Christina Cheddar Berk contributed reporting.
