Check out the companies making headlines in midday trading. Nvidia , Sherwin-Williams – The stocks rose more than 1% and roughly 3%, respectively, on the heels of the announcement that both are going to join the Dow Jones Industrial Average , effective Friday. Nvidia is slated to replace rival chipmaker Intel , while paint manufacturer Sherwin-Williams will replace Dow Inc . Intel shares slid more than 4%, and Dow Inc. fell 2.7%.
31 per share on revenue of $6.27 billion, per FactSet. Fourth quarter guidance came in below the Street's estimates. Peloton — The exercise equipment company's stock jumped 4% after being upgraded to buy from underperform at Bank of America. The bank thinks Peloton can grow earnings before interest, taxes, depreciation, and amortization over the next few years under its new CEO, Peter Stern .