Take a look at the companies making headlines in midday trading. Lululemon – Shares of Lululemon soared more than 18% after the athleisure retailer beat Wall Street expectations for its fiscal third quarter and issued guidance for the holiday quarter. Petco – Shares of Petco rose more than 16.7% after the pet retailer reported a smaller-than-expected third-quarter loss. Petco lost 2 cents per share. Analysts had expected a loss of 4 cents per share, according to LSEG. Revenue also beat analysts’ expectations. DocuSign — Shares of the electronic signature company rose more than 27% after DocuSign forecast fourth-quarter revenue of between $758 million and $762 million, beating the consensus forecast of $756 million, according to LSEG. The company also beat Wall Street forecasts on adjusted profit and revenue in the third quarter. AMC Entertainment – AMC agrees to sell up to 50 million shares after meme stock celebrity “Roaring Kitty” posts on Shares fell more than 10% following better-than-expected third-quarter results. Victoria’s Secret lost 50 cents a share on revenue of $1.35 billion. Analysts surveyed by LSEG had expected a loss of 63 cents per share on revenue of $1.29 billion. The company also raised its full-year forecast. Asana – Shares jumped 44% after the work management software company reported a smaller-than-expected adjusted loss. Asana reported third-quarter revenue of $184 million and a loss of 2 cents per share. Analysts surveyed by LSEG had expected a loss of 7 cents per share on revenue of $181 million. Rubrik – The data security stock surged 24.8% after the company reported a smaller-than-expected third-quarter loss. Rubrik reported a loss of 21 cents per share, while analysts expected a loss of 40 cents per share, according to LSEG. The company’s revenue also beat expectations, reaching $236 million, compared with the consensus estimate of $218 million. Samsara – Shares of the software company fell 5% after issuing fourth-quarter guidance. Samsara expects earnings of 7 to 8 cents per share in the period, on revenue of $334 million to $336 million. Analysts polled by London Stock Exchange Group (LSEG) expected earnings of 6 cents per share on revenue of $336 million. To be sure, the company’s third-quarter earnings and revenue beat expectations. Hewlett Packard Enterprise — Shares of Hewlett Packard Enterprise rose about 10% after the company reported fiscal fourth-quarter revenue and profit that beat estimates. Hewlett Packard Enterprise reported adjusted earnings of 58 cents per share, compared with expectations of 56 cents per share, according to LSEG. Revenue of $8.46 billion also beat the consensus estimate of $8.26 billion. ENERGY – Oil stocks fell as analysts forecast a crude oil supply glut in 2025 despite OPEC+’s decision to delay a planned supply increase. Diamondback Energy and Halliburton fell 3.8% and 2.7% respectively. APA fell 2.6%. DraftKings — “We cannot allow online gambling companies like @FanDuel and @DraftKings to violate antitrust laws,” Utah Republican Sen. Mike Lee tweeted in support of the FTC chairman Shares in sports betting giants fell amid an investigation by Lina Khan into two companies alleging possible anti-competitive conduct. DraftKings shares fell about 0.9%. —CNBC’s Li Yun, Sean Conlon and Pia Singh contributed reporting
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