Check out the companies making headlines in midday trading. Starbucks — Shares jumped more than 10% after the company posted an earnings and revenue beat in the fiscal fourth quarter. Management also reported better-than-expected performance in China, its second-largest market. Roku — The streaming video platform rallied 25% after its latest quarterly announcement. The company's third-quarter revenue and guidance for the fourth quarter came above analysts' expectations.
Clorox — Shares rallied more than 7% Thursday after the company posted an earnings and revenue beat in the fiscal first quarter. Although management cut its 2024 fiscal year earnings and general margins guidance, it said there were no structural issues related to its cyberattack earlier in the year. Penn Entertainment - Shares of the sports betting and casino company jumped more than 13% after the firm reported third-quarter earnings. The rally came even after Penn posted a loss of $4.
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