Stocks making the biggest moves midday: SNA, TFIN, MU
Check out the companies making the biggest moves midday: Snap-on — The tool maker rose more than 3% after third-quarter earnings topped expectations, helped by a pick-up in demand from auto parts companies and repair shops. Snap-on earned $5.02 per share on revenue of $1.19 billion. Analysts were expecting the company to earn $4.64 per share on revenue of $1.16 billion, according to FactSet. F5 — The Seattle-based cybersecurity provider tumbled more than 11% after the company disclosed that a nation-state actor gained access to its systems. People familiar with the matter told Bloomberg News that the breach was potentially catastrophic. ManpowerGroup — The staffing firm fell 7%, on pace for its biggest one-day drop since May, even after it reported better-than-expected results for the third quarter. The company earned 83 cents per share, excluding certain items, on revenue of $4.63 billion. Analysts polled by FactSet expected a profit of 81 cents per share on revenue of $4.6 billion. Micron Technology — The chipmaker rose more than 5% after UBS raised its price target, noting Micron will get a boost from a memory chip shortage . For the month, shares are up more than 21%. Triumph Financial — The bank rallied 7% after it announced a $30 million share repurchase program. Triumph also tried to assuage investor worries over its exposure to auto lender Tricolor, which recently declared bankruptcy. “We believe we remain adequately secured. Our collateral is of a different nature than lenders who may take the largest losses,” it said in a release . J.B. Hunt Transport Services — The trucking and logistics company jumped more than 19% on strong quarterly results. In the third quarter, J.B. Hunt earned $1.76 per share on revenue of $3.05 billion. Analysts polled by LSEG expected earnings of $1.46 per share on revenue of $3.03 billion. Rival truckers Schneider National and Werner Enterprises rose between 2% and 3% each. Salesforce — The customer relationship software vendor climbed 4% after saying it expects revenue above $60 billion in 2030 . Analysts polled by LSEG had penciled in $58.37 billion. United Airlines — Shares fell almost 9% after the carrier posted $15.23 billion in third-quarter revenue, missing the LSEG consensus estimate of $15.33 billion. United earned an adjusted $2.78 per share, surpassing expectations for $2.62 a share. Arm Holdings , Meta Platforms — Arm shares rose about 1% after it reached a multiyear deal with Meta to “scale AI efficiency across every layer of compute – spanning AI software and data center infrastructure – to enable richer user experiences.” Meta shares were up slightly. Travelers Companies — The insurance company, part of the Dow Jones Industrial Average, fell about 3% on mixed third-quarter results. Core earnings per share of $8.14 beat an LSEG consensus of $6.35 per share, bit revenue of $11.47 billion missed a consensus analyst estimate of $11.81 billion. Hewlett Packard Enterprise — The server and supercomputer maker tumbled 11% on underwhelming guidance for fiscal the fiscal year ending Oct. 31, 2026. HPE said adjusted earnings per share would come in between $2.20 and $2.40, compared with an analyst consensus estimate of $2.40, according to LSEG. HPE said revenue growth range between 5% and 10%, while analysts had anticipated 17%. — CNBC’s Alex Harring, Lisa Han, Christina Cheddar Berk and Spencer Kimball contributed reporting.
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