Stock Groups

American Airlines, Starbucks, Peloton and more


A Boeing 787-9 Dreamliner from American Airlines approaches Miami International Airport for landing on December 10, 2021.

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These are the headline-grabbing companies in midday trading.

AMC Entertainment, Hycroft Mining — The movie theater chain saw its shares dip by less than 1% after announcing it agreed to purchase a roughly 22% stake in a tiny gold and silver minerHycroft Mining. Hycroft Mining’s share price, less than $2 per share, rose more than 25%.

Starbucks — Shares of the coffee chain jumped more than 4% after it announced a partnership with Volvo Cars to research the usage and potential scalability of electric vehicle chargersStarbucks outlets across the nation Starbucks revealed the most recent steps they are taking. reduce its disposable cup use.

Delta Air Lines, United Airlines, Southwest Airlines — Shares rose after Delta, United and Southwest said bookings came in ahead of expectationsAnd the recovery of travel demand is faster than anticipated. United and Delta each added over 6%. Southwest gained 2.8%. American Airlines jumped 7.2%.

Coupa Software — Shares plunged about 20% a day after the business software company issued a much weaker-than-expected full-year outlook. Coupa’s most recent quarter profit and revenue numbers exceeded expectations.

GitLab — Shares of GitLab rose more than 9% after the development operations platform beat analysts’ estimates in the fourth quarter and issued better-than-expected guidance.

Peloton — Shares of the at-home fitness company jumped about 9% after Bernstein initiated coverage of the stock with an “outperform” rating. Peloton’s strong underlying business, its new management, and the recent stock price crash were all mentioned by the analyst. The analyst’s $40 price target suggests that the stock could almost double in the following year.

Planet Fitness — Planet Fitness shares are up 1.9% after Evercore ISI initiated coverageThe company has an outperform rating. Evercore issued $130 target price for the fitness center operator. This represents 60% upside to Monday’s stock close.

Toast — Toast shares jumped 6% after Baird upgraded the restaurant software companyTo outperform neutral, its shares may rally almost 54% Baird stated that Toast could benefit from the “above-GDP” growth in its restaurant business and opportunities for international expansion.

GoodRx — Shares jumped more than 6% after Baird upgradedThis stock is expected to outperform. According to GoodRx, this year’s sell-off offers investors an “attractive entrance point”.

eBay — The retailer’s stock price gained 2.7% in midday trading. Tuesday was Deutsche Bank initiated coverage of eBayWith a Buy rating. This means that investors underestimate the company’s market position in the resale marketplace. Analysts predict growth in luxury resale in European markets.

— CNBC’s Tanaya Macheel, Samantha Subin, Jesse Pound, Sarah Min and Yun Li contributed reporting