These are the headline-grabbing companies in midday trading.

Robinhood — Shares of the stock-trading app fell 5.8% in midday trading after Morgan Stanley initiated coverage of the companywith an equal weight rating. Robinhood, according to Wall Street analysts could become the youngest generation’s Charles Schwab because of its strong grip on millennials as well as Generation Z. The analyst stated that Robinhood needs to diversify its product lines if they want to maintain their appeal.

LululemonThe company’s $1 billion stock-buyback program led to shares rising more than 11%. Although the athletic apparel company reported per-share earnings which were higher than anticipated, it fell below Wall Street’s estimates for revenue. Lululemon’s guidance for the first quarter and full year was also higher than what Refinitiv had expected.

BioNTech — BioNTech’s stock rose 5.5% after the drug maker reported better-than-expected revenue and earnings for the quarter and reiterated previous vaccine revenue guidance for the year.

Five Below — Shares of the discount retailer fell 4.7% in midday trading following its lackluster earnings report. Five Below reported sales in same stores of 3.4%, lower than the estimates of 3.6%. Refinitiv reported that earnings came in one-cent higher than anticipated, but revenue was below estimates.

RH — The home-furnishings retailer’s shares declined by more than 12% after the company reported a revenue miss for its most recent quarter. RH earned $902.7 million versus estimates of $931.8 millions. In the spring, it announced that the stock will be split three-for-one.

Chewy — Shares of Chewy dropped more than 14% on Wednesday after a fourth-quarter report that missed expectations. On $2.39 Billion in revenue, the pet-focused ecommerce company posted a 15-cent loss per share. Refinitiv surveyed analysts and found that they expected a loss 8 cents per stock on revenue of $2.42 billion. Chewy’s forecasted forward revenue was also below expectations.

Wayfair — Shares of the home decor and furniture company dipped more than 5% as Loop Capital downgraded the stock from “hold” to “sell.” Loop Capital also stated that they expect a negative effect from Fed tightening as well as the end of stimulative measures to combat the pandemic.

Pearson — Pearson’s stock dipped6% following news that private equity firm Apollo could not reach an agreement with the educational publisher about a possible takeover bid. Apollo stated that they do not plan on making an offer for the company.

Oil stocks — Oil stocks rose on Wednesday as crude prices, which have seesawed in recent weeks, edged higher. ConocoPhillips, Occidental PetroleumAnd Phillips 66Gained 0.5%, close to 1%, and 3.2% respectively

Freshpet — Freshpet’s stock gained 5.4% after Goldman Sachs upgraded the stock to buy from neutralAs pet food demand continues to rise, the bank raised its price target on the company from $111 per share. From $111, the bank raised its price target for the company from $111 to $136 per shares.

Rivian — Shares of the automaker popped 2% in midday trading. RBC analysts reiterated their outperform rating on Wednesday after they expressed confidence in Rivian’s production ramp. Stock prices for the company have fallen nearly 47% over the past year.

Procter & Gamble — Shares of Procter & Gamble inched more than 1% lower after JPMorgan downgraded the companyInflationary pressures have caused the bank to downgrade from neutral to overweight. According to the bank, the cause of the downgrade was rising costs as well as FX headwinds.

— CNBC’s Maggie Fitzgerald, Jesse Pound, Hannah Miao, Tanaya Macheel and Sarah Min contributed reporting