Check out the companies making the biggest moves midday:
Unity Software — The video game company rallied 8% on better than-expected results for the third quarter. Unity’s fourth-quarter revenue guidance also exceeded expectations.
Allegiant Travel — The travel stock surged 22% after the company hiked its full-year earnings outlook. Allegiant expects 2025 earnings to top $3 per share, above a prior guidance of $2.25 per share.
Perrigo – The pharmaceutical stock fell 20% on mixed third-quarter results. Earnings per share of 80 cents, excluding certain items, beat a FactSet estimate of 76 cents per share. However, revenue missed expectations. Perrigo also cut its full-year earnings outlook.
Rivian — The electric vehicle maker rallied 22% on third-quarter results that beat the Street. Additionally, the company said the launch of its R2 vehicle remains on track for the first half of 2026.
Source: https://www.cnbc.com/2025/11/05/stocks-making-the-biggest-moves-midday-u-rivn-pins-trex.html