Check out some of the companies making the biggest moves midday: Amentum Holdings — The defense contractor tumbled about 12% after fiscal first-quarter revenue and adjusted EBITDA missed Wall Street analysts’ consensus estimates, according to FactSet data. BP Plc — The British oil major suspended its buyback program , deciding to use the cash instead to strengthen its balance sheet. BP ADRs sank 6% in the U.S. ZoomInfo Technologies — The cloud-based sales and marketing platform slumped 10% after forecasting first-quarter earnings per share excluding one-time items of 25 cents to 27 cents per share. Analysts expected 27 cents for the quarter, according to FactSet data. Fourth-quarter billings and adjusted gross margin were also light. Datadog — Shares of the software company rose 16% as both fourth-quarter results and its first-quarter outlook topped estimates. The bounceback puts Datadog shares up 2% month-to-date. The company said AI adoption is driving greater use of its cloud security products, with customers using four or more of its products. Ichor Holdings — Shares soared 37% to a 52-week high after the maker of semiconductor equipment parts said strong demand for etch and deposition intensity services fueled a fourth-quarter earnings beat. A first-quarter forecast was above what analysts were expecting, according to FactSet. Ichor also said it expects its gross profit to accelerate during the remainder of 2026. Incyte – The biopharmaceutical company tumbled 6%. Fourth-quarter earnings landed at $1.80 per share on an adjusted basis, missing the FactSet consensus estimate of $1.90 per share. Operating income came in at $451 million, below the consensus call for $458 million. Entegris — The technology materials supplier climbed 11% to a 52-week high after posting a rosy business outlook. Entegris anticipates earnings per share of 70 to 78 cents per share, excluding one-time items, on revenue of $785 to $825 million in the first quarter. Analysts polled by FactSet estimated 64 cents per share, excluding certain items, on revenue of $787.7 million. Dupont De Nemours — Shares gained 4% after the chemical company’s fourth-quarter earnings came in better than expected. Dupont posted adjusted earnings of 46 cents per share, above the 43 cents that analysts polled by FactSet were expecting. Revenue of $1.69 billion matched expectations. The company also reported upbeat full-year earnings and revenue guidance. S & P Global — The stock fell almost 8% after S & P Global said it expects adjusted earnings of $19.40 to $19.65 per share for 2026, below analysts’ consensus estimate of $20.02, according to FactSet. It also posted adjusted earnings of $4.30 per share in the fourth quarter, below analysts’ forecast of $4.33 per share. Ferrari — U.S. shares of the luxury Italian carmaker jumped 10% after it reported a fourth-quarter earnings and revenue beat. Ferrari also delivered full-year 2026 earnings and revenue guidance in line with expectations, according to analysts surveyed by FactSet. Spotify Technology — The music streaming service jumped nearly 14% after reporting better-than-expected fourth-quarter earnings. Monthly active users grew 11% to 751 million year-over-year, topping Spotify’s forecast of 745 million. Premium subscriber growth also topped guidance. Spotify expects monthly active users to grow to 759 million in the current quarter, with 293 million premium subscribers. Saia – Shares of the trucking company slid more than 5% after fourth-quarter earnings fell short of expectations. Earnings came in at $1.77 per share, below the FactSet consensus of $1.90 per share. Operating income of $64 million also missed the consensus call for $70.8 million. ON Semiconductor — The semiconductor supplier rose 5% after fourth-quarter adjusted earnings of 64 cents per share topped the LSEG consensus estimate of 62 cents. Upwork — Shares of the online marketplace for freelancers tumbled 18% after Upwork disclosed 785,000 active clients at the end of 2025, down from 832,000 at the end of the prior year. Upwork also posted current-quarter revenue guidance in the range of $192 million to $197 million, below the $201 million consensus estimate from LSEG. Current-quarter adjusted earnings guidance also missed estimates. Hasbro — The maker of Mr. Potato Head and Monopoly rallied 8% and hit a 52-week high. Hasbro reported fourth-quarter adjusted earnings of $1.51 per share, topping the 96 cents expected by analysts polled by FactSet. Revenue of $1.45 billion beat the $1.26 billion consensus estimate. Hasbro also announced a new share repurchase program of up to $1 billion and new multiyear partnership to license the Harry Potter franchise. Under Armour — Shares of the athletic apparel company tumbled more than 7% after a downgrade from Citigroup to sell from neutral. The bank said a highly competitive environment, weak direct-to-consumer traffic and further investment needed to successfully complete a brand turnaround leads it to see the “risk/reward skewed to the downside.” Marriott International — The hotel operator jumped nearly 9% after saying fourth-quarter revenue per available room grew 1.9%, driven by an international gain of 6%. U.S. and Canada revenue per room was little changed. Credo Technology — Credo jumped 12% after the company announced ahead of its earnings that it would raise its third-quarter revenue guidance to a range of $404 million to $408 million. That is well above its prior target between $335 million and $345 million. — CNBC’s Christina Cheddar Berk, Itzel Franco, Darla Mercado, Liz Napolitano, Sean Conlon, Lisa Kailai Han, Michelle Fox and Davis Giangiulio contributed reporting.
