The Bad PlaceUS Top News and Analysis | Stocks making the biggest moves midday: Texas Instruments, United Rentals, Wex, Penn Entertainment & more
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Midday market action saw Texas Instruments soar 19% after it lifted its current‑quarter earnings outlook to $1.77‑$2.05 per share and raised revenue guidance to $5‑$5.4 billion, while United Rentals jumped more than 23% on a full‑year sales forecast boost to $16.9‑$17.4 billion. American Airlines climbed over 4% despite cutting its full‑year earnings outlook, and Penn Entertainment rallied 15% after a beat on its quarterly results, whereas Wex tumbled 17% following a push for shareholders to vote only for its own board nominees. Honeywell slipped 2.6% on mixed Q1 results and weak Q2 guidance; Lululemon fell 11% after naming Heidi O’Neill as CEO; and Nokia rose 11% on a modest earnings beat and strong operating profit. Mobileye gained 5% on better‑than‑expected Q1 earnings and revenue, while IBM dropped 9% after missing its full‑year guidance despite an earnings beat. Tesla fell more than 3% after Elon Musk warned of higher capital spending, even though its adjusted earnings beat expectations; CSX rose 7% on an earnings beat; Southwest Airlines slipped 2.5% after missing forecasts; ServiceNow’s shares plunged 18% despite a beat, weighed by concerns over its Armis acquisition; and Molina Healthcare rose 10.3% after reaffirming its 2026 outlook and beating earnings estimates.
Read more: https://www.cnbc.com/2026/04/23/stocks-making-the-biggest-moves-midday-txn-uri-wex-penn.html
#TexasInstruments #UnitedRentals #Wex #PennEntertainment #AmericanAirlines #Honeywell #Lululemon #Nokia #ElonMusk #ServiceNow # #HeidiO'Neill
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