Check out the companies making headlines in midday trading. Dick's Sporting Goods – Shares jumped 15.5% after the sporting goods retailer reported fourth-quarter results that beat expectations. Dick's Sporting Goods reported earnings of $3.85 per share on revenue of $3.88 billion. Analysts surveyed by LSEG, formerly Refinitiv, had expected earnings per share of $3.35 on revenue of $3.80 billion. Lennar – Shares fell 7.6% after the homebuilder reported a revenue loss. In the first quarter, Lennar reported revenue of $7.31 billion, below the $7.39 billion expected by analysts surveyed by LSEG. Dollar General – The discount retailer fell 5.1% even after its fourth-quarter results came in stronger than expected. Dollar General earned $1.83 per share on revenue of $9.86 billion, beating expectations of $1.75 in earnings per share and $9.78 billion in revenue from analysts surveyed by LSEG. SentinelOne – Shares fell 16.6% even after the AI-powered cybersecurity provider posted stronger-than-expected quarterly results. SentinelOne reported a fourth-quarter adjusted loss of 2 cents per share on revenue of $174 million. Analysts surveyed by LSEG expected a per-share loss of 4 cents on revenue of $170 million. Meanwhile, first-quarter revenue guidance was in line with expectations. Robinhood Markets – The fintech stock rose 5.2% after Robinhood said stock trading volumes rose 41% in February year over year. RTX – Shares rose 1.3% after Wells Fargo upgraded RTX to an overweight rating. The bank said headwinds from a jet engine recall in July were fading. US Steel – Shares fell 6.4%, extending losses since Wednesday. The decline comes after reports that President Joe Biden expects to reveal “serious concern” about the proposed acquisition of US Steel by Japan's Nippon Steel. UiPath – Shares fell 6.9% after the enterprise automation company posted revenue guidance that was weaker than expected. UiPath expects first-quarter revenue to range from $330 million to $335 million, below the FactSet estimate of $346.8 million. Otherwise, the company outperformed both the top and bottom lines, according to FactSet consensus estimates. Under Armor – Shares fell 10.7% on news that the athletic apparel company's founder, Kevin Plank, will return to the CEO role. Evercore ISI said Plank's return is a clear signal that Under Armour's strategy is not working as the company's performance continues to deteriorate in the current quarter, downgrading the stock to underperform. Fisker – Shares nearly halved to 15 cents per share after a Wall Street Journal report, citing people familiar with the matter, who said the electric vehicle developer had hired restructuring advisers to file for potential bankruptcy. MicroStrategy – Shares fell 5.1%. Earlier in the session, it rose 1.6% after MicroStrategy said it was raising $500 million to purchase additional bitcoin. The move comes after shares of the software developer, which acts as a proxy for Bitcoin, rose 11% on Wednesday. WW International – Shares of the weight loss company fell 20.4% on a report from 9fin that a group of Weight Watchers' lenders have hired lawyers to prepare for debt talks. The stock has fallen sharply since Oprah Winfrey left the board late last month. — CNBC's Lisa Kailay Hahn, Alex Haring and Pia Singh contributed reporting.
