Check out the companies making headlines in midday trading. Norwegian Cruise Line – The cruise ship operator rose 18% on strong forward guidance. Norwegian expects a profit of 12 cents per share in the current quarter, which beats analysts' consensus estimates calling for a loss of 20 cents per share, according to FactSet. Unity Software – The video game developer fell nearly 9% on disappointing EBITDA guidance. Unity expects adjusted EBITDA to be between $45 million and $50 million, versus the $113 million expected by analysts surveyed by FactSet. Viking Therapeutics – Clinical-stage biotech rose more than 90% after meeting primary and secondary endpoints in its phase 2 GLP-1 study. Viking said a phase 2 trial of its project demonstrated weight loss in patients receiving VK2735 treatment. Hess – Shares of the oil and gas exploration company fell 3% after Chevron warned investors that a dispute involving ExxonMobil and China National Offshore Oil Corporation (CNOC) over offshore oil assets in Guyana threatens its planned purchase of Hess. Chevron shares fell 2%. Business Day – Shares fell 3% after quarterly results were published. Earnings came in at $1.57 per share, beating expectations of $1.47 per share, according to LSEG, formerly known as Refinitiv. Revenue of $1.92 billion matched analyst expectations. The cloud-based software vendor also reiterated its guidance for fiscal 2025. Hims & Hers – The health platform rose more than 33% on better-than-estimates earnings as well as forward financial guidance. Hims & Hers earned 1 cent per share on revenue of $247 million in the fourth quarter, while analysts polled by LSEG expected a loss of 2 cents on revenue of $246 million. Hims & Hers also shared guidance for revenue and adjusted EBITDA which were higher than analysts expected. Macy's – The department store chain added 3% after cost-cutting initiatives aimed at warding off activist investors offset mixed quarterly results and lower same-store sales growth. Bloomingdale's owner plans to close about 150 department stores and open new locations of better-performing chains. Lowe's – Shares rose nearly 3% to a 52-week high after the home improvement retailer reported better-than-expected earnings. Lowe's earnings per share of $1.77 last quarter beat an estimate of $1.68, according to LSEG. Lowe's revenues exceeded expectations. Zoom Video – Shares rose nearly 5% after the video chat software vendor posted fiscal fourth-quarter results that beat Wall Street expectations on both the top and bottom lines. Zoom had adjusted earnings per share of $1.22 per share on revenue of $1.15 billion. CAVA – The restaurant chain rose 6% a day after its latest earnings and revenue topped analysts' estimates. Cava's fourth-quarter revenue of $175.5 million was 52% higher than a year ago and higher than the $174.3 million expected by analysts surveyed by FactSet. Cava also provided full-year EBITDA guidance that beat estimates. Roku – Roku stock fell more than 1% after Wells Fargo cut its rating to underweight from equal weight, citing concerns that Walmart's acquisition of Vizio could hamper growth. Sprouts Farmers Market — Shares rose 2% after Bank of America Securities upgraded the department store chain to buy from underperforming, saying Sprouts' diverse merchandise selection is driving sales. The bank raised its price target on the stock to $70 from $30, implying an upside of about 13% from Monday's close. Duolingo – Shares of the language learning company rose more than 6% after Seaport Research Partners initiated coverage of the research with a buy rating. Duolingo is scheduled to report fourth-quarter results on Wednesday. CarGurus – CarGurus lost more than 7% on weak financial guidance for the current quarter. The online car selling platform exceeded Wall Street expectations for the fourth quarter, but said it expects revenues and profits to range between $201 million and $221 million, and 24 cents and 29 cents, respectively, in the first quarter. That was less than the $236 million in revenue and 31 cents in earnings per share that analysts polled by LSEG had expected. AutoZone – AutoZone gained nearly 6% after beating Wall Street's fiscal second-quarter expectations on both the top and bottom lines. The auto and truck parts retailer had earnings of $28.89 per share on revenue of $3.85 billion. Coinbase – Coinbase shares rose nearly 3% as cryptocurrency prices jumped, sending Bitcoin soaring above $57,000. Other cryptocurrency-related stocks also rose, with CleanSpark stock rising 2.7%. Microstrategy shares rose more than 9% after purchasing another 3,000 bitcoins. – CNBC's Sarah Min, Michelle Fox, Alex Haring, Jessie Pound and Yun Li contributed reporting.
