Stocks making the biggest moves midday: HAS, NOC, EFX, GM
Check out the companies making the biggest moves midday: Hasbro — Shares gained more than 5% after the toymaker reported better-than-expected results for the third quarter. Hasbro also raised its revenue growth outlook for the full year. Northrop Grumman — Shares jumped nearly 5% after the defense contractor reported results for the third quarter. The company earned $7.89 per share, beating an LSEG estimate of $7.18 per share. However, revenue of $11.12 billion was just below the $11.14 billion consensus. Equifax – Shares of the consumer credit bureau leapt almost 12%. Equifax earned $2.26 per share on an adjusted basis in the third quarter, beating the FactSet consensus of $2.20. Revenue of $1.69 billion was in line with expectations. The company dialed back its revenue guidance for 2026, however. Dream Finders Homes — Shares rose more than 8% after the homebuilder completed the acquisition of Beazer Homes that was announced Aug. 7. Arcus Biosciences — Shares gained more than 8% after Arcus shared data from its trial of casdatifan, a treatment for a type of kidney cancer. In this latest study, the company found that patients can benefit from the drug across all lines of therapy. General Motors — The automaker’s stock fell nearly 7% despite GM reporting third-quarter numbers that beat analyst expectations. The company also raised its free cash flow expectations and narrowed its 2026 full-year guidance. The Detroit automaker also announced a new stock buyback program of $20 billion , but didn’t provide a specific time frame for the repurchase. GE Aerospace — Shares fell 4%. While GE Aerospace hiked its full-year 2026 guidance, free cash flow at the company of $2.04 billion was lower than expectations for that of $2.2 billion, according to StreetAccount. 3M — Shares popped 5% after the producer of industrial and safety products reported adjusted earnings of $2.50 per share, exceeding an LSEG estimate of $2.38 per share. Steel Dynamics — Shares dropped 1.5% after the industrial metals company reported mixed third-quarter numbers. While the company beat on revenue, its earnings per share and profit margin fell short of expectations. On a positive note, the company’s customer backlog is up 50% year over year, extending into 2027 as strong demand persists. Solstice Advanced Materials — The chemicals stock rose 4% after The Financial Times reported , citing sources, that activist Starboard Value had built a stake in the company. — CNBC’s Darla Mercado, Davis Giangiulio, Fred Imbert, Paulina Likos and Deena Zaidi contributed reporting
