Check out the companies making headlines in midday trading. Astera Labs – Shares gained more than 16% after the company, which sells data center connectivity chips, debuted new fabric switches for artificial intelligence . Norwegian Cruise Line – Shares popped 10% on the heels of a Citi upgrade to buy from neutral. Citi said the company should see significant growth in earnings per share that can drive earnings upside and expand the margin. Bayer – U.S.
GitLab – The software stock moved more than 7% higher after Morgan Stanley initiated coverage with an overweight rating. The firm thinks GitLab can become a key consolidator in the market as a result of its vast product offerings in the software delivery pipeline. Helen of Troy – The housewares stock soared more than 19% after the company's second-quarter earnings beat Wall Street's expectations. Helen of Troy posted earnings of $1.21 per share on revenue of $474.2 million, above the $1.