J.B. Hunt, Charles Schwab, Virgin Galactic, 23andMe and more

Try the businesses making headlines in noon buying and selling.

J.B. Hunt Transport Services — Shares of J.B. Hunt jumped 8.7% after the corporate beat estimates on the highest and backside traces for the third quarter. The Arkansas-based transport firm earned $1.88 per share on $3.14 billion in income for the quarter. Analysts surveyed by Refinitiv have been searching for $1.77 per share on $3.01 billion of income.

Paper shares — Shares of paper and packaging suppliers have been the most important decliners within the S&P 500 after KeyBanc famous field cargo information launched Friday was flat for the third quarter, on a yearly foundation. International Paper misplaced 4.5%, and WestRock fell 5.6%. Packaging Corporation of America fell 3.9.

Goldman Sachs — Shares of Goldman Sachs jumped 3.8% after the financial institution’s third-quarter earnings crushed expectations. Goldman reported earnings of $14.93 per share on income of $13.61 billion. Analysts anticipated earnings of $10.18 per share on income of $11.68 billion, based on Refinitiv. The agency’s funding banking income surged almost 90%.

PNC Financial — The financial institution inventory slipped 1.7% regardless of PNC beating estimates on for adjusted earnings per share and income for the third quarter. The corporate’s web curiosity revenue for the third quarter did are available under estimates, based on StreetAccount.

Charles Schwab — Shares of the brokerage agency gained 3.6% after it reported quarterly earnings that beat analysts’ estimates. Schwab recorded 84 cents per share, in comparison with estimates of 81 cents per share, and beat on income at $4.57 billion, in comparison with $4.52 billion.

Virgin Galactic — Shares of the house tourism firm tanked 16.8% after the corporate delayed its spaceflight tests to 2022. Financial institution of America lowered its worth goal for Virgin Galactic to $20 a share from $25 per share and maintained its underperform score on the inventory, citing “elevated uncertainty and lack of readability” from the corporate across the change.

Corsair Gaming — Corsair shares dropped 8.1% after the maker of video game-related peripheral merchandise stated provide chain points have been hurting gross sales however that 2021 will nonetheless be a “sturdy development yr.”

Alcoa Corp — Shares of the aluminum producer jumped 15.2% following the corporate’s third-quarter outcomes. Alcoa earned $2.05 per share excluding objects on $3.11 billion in income. Analysts surveyed by Refinitiv have been anticipating the corporate to earn $1.80 per share on $2.93 billion in income.

23andMe — Shares of the DNA genetic testing firm surged 16.9% after EMJ Capital’s Eric Jackson stated it is one in every of his inventory picks and must be seen as a therapeutics firm in addition to a subscription service, which may bode properly for future development.

 — CNBC’s Jesse Pound, Yun Li, Pippa Stevens and Hannah Miao contributed reporting