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Ulta, ProShares Bitcoin Strategy ETF, ChargePoint and others

Fans gather at their local Ulta Beauty store in Houston to greet Kylie Jenner at the launch of her beauty line on November 18, 2018 in Houston, Texas.

Rick Kern | Getty Images

Pay attention to the companies that hit the headlines at noon.

Ulta – Cosmetics store shares fell 10.6% following the company set long-term financial goals on the day of the investor. Some investors may be disappointed that Ulta did not release its forecast for 2021. The stock is up over 34% this year.

ProShares Bitcoin Strategy ETF – The highly anticipated Bitcoin ETF jumped 4.5% during its debut on the New York Stock Exchange on Tuesday. The fund tracks CME bitcoin futures or contracts speculating on the future price of bitcoin rather than the digital currency itself. It is the first Bitcoin-related ETF for trading in the United States.

Intuitive Surgical, a medical robotics company, climbed 1.2% in daytime trading after the release of encouraging preliminary data on peripheral lung nodule biopsies on the ION platform. ION is an FDA-approved Intuitive robotic support platform for minimally invasive lung biopsy.

Johnson & Johnson – Johnson & Johnson rose 2.3% after the company beat expectations for third-quarter earnings per share by 25 cents per share. The pharmaceutical company said it sold $ 502 million worth of Covid-19 vaccines in the third quarter.

Alibaba – Shares in the Chinese e-commerce giant surged 6.1% after the company announced the development of a custom computer chip that it will use to power its data center servers.

ChargePoint Holdings – Electric vehicle infrastructure company grew 6.4% after Stifel initiated buy rating coverage of ChargePoint. The Wall Street firm said it sees positive free cash flow for the electric vehicle infrastructure company as early as 2024.

Procter & Gamble – Shares in the consumer giant tumbled 1.2% after the company raised its forecast for goods and freight spending for the remainder of the fiscal year amid persisting inflation. P&G reported fiscal first quarter net income of $ 4.11 billion, or $ 1.61 per share, up from $ 4.28 billion, or $ 1.63 per share, a year earlier. Analysts polled by Refinitiv had expected earnings per share of $ 1.59.

Travelers – Insurance fund rose 1.6% after better-than-expected third-quarter report. Travelers have earned $ 2.60 per share on $ 8.81 billion in revenue from increased net written premiums.

Walmart – The retail giant rose 2.1% after Goldman Sachs added it to its shopping list. A note to Goldman customers says Walmart’s investment in e-commerce and its supply chain should increase profits.

– with reports from Jesse Pound, Hannah Miao, Tanaya Machil and Yun Lee.


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