Check out the companies making headlines in the midday trading: Nvidia – chipmaker stocks surged over 6%, turning the course back after some weak sessions. Stocks fell about 8% in March and 14% in 2025. Goals – Retailer stocks slipped around 3% as the wider sector of consumer defense stocks fell on Wednesday. Peer retailer Walmart has dropped by almost 2%. CROCS – Shoemakers went up 3% behind Loop Capital upgrades and purchased from holds. According to the Loop, the stock has an attractive valuation, offering an entry point for investors amid the recent market volatility tied to recent market uncertainties. Sunran – Residential solar energy stocks have fallen by about 7%. Jeffries downgraded its stocks to retain from buy ratings, citing the continued uncertainty surrounding the inflation reduction laws as well as the lack of recovery in the solar energy sector. Groupon – Stocks rose more than 39% after Groupon’s full-year earnings outlook surpassed Wall Street’s forecast. Online marketplace companies expect revenues in the $493 million to $500 million, while the analysts voted by FactSet were looking for $491.5 million. Novo Nordisk – The Danish pharmaceutical company’s shares have pulled back more than 4% following news that peer company Roche has launched a deal worth $5.3 billion to develop Zealand Pharma’s weight loss drug. Novo Nordisk’s shares have fallen more than 14% so far this week, just after fresh data showing warm results from weight loss drug Cagrisema on Monday. Intel – Citing four sources that Reuters is familiar with the issue, the stock jumped over 3% after Reuters, and reported that TSMC has raised a joint venture proposal to US chipmakers Nvidia, Advanced Micro Devices and Broadcom to implement operations for Intel’s Foundry Division. Nvidia, AMD and Broadcom were also high during the session. Tesla – Elon Musk-Helmed electric vehicle company shares rose about 7% on Wednesday. On Tuesday, President Donald Trump said he was planning to buy Tesla, and Morgan Stanley analysts told investors to buy Pullback shares. Tesla Stock recorded its worst session since 2020 on Monday, with stocks falling by around 40% per year. Myriad Genetics – After Piper Sandler upgraded his genetic testing company to overweight, the stock added 7%. Analyst David Westenberg said the company’s new CEO could act as a business reset. PepsiCo – Soda Company’s shares fell almost 3% after a downgrade to hold Jeffries. The company said Pepsi shares are limited in growth due to the struggling US beverage business and snack units. Hubspot – The marketing and customer service company’s shares accounted for 3% shortly after the Barclays upgrade. The company cited artificial intelligence as a catalyst for new monetization opportunities. – CNBC’s Hakyung Kim, Sean Conlon and Alex Harring contributed the report.
