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Stocks making the biggest moves midday: Meta, Amylyx, Baidu, Klarna, Coherent, Sandisk & more

Cnbc · · 547 words · By Sarah Min
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Daily briefing

What to know about Stocks making the biggest moves midday: Meta, Amylyx, Baidu, Klarna, Coherent, Sandisk & more

Here are some of the companies making headlines in midday trading.

Claims checked 27
Techniques found 0
Topics 0

Coverage spectrum

Coverage gap: Low Left coverage
Left0%
Center100%
Right0%

5 sources compared across this story cluster. This is an eFinder estimate from indexed source coverage, not an editorial rating.

What happened

Here are some of the companies making headlines in midday trading.

Why it matters

Amylyx Pharmaceuticals — Shares surged 53% after the pharmaceutical company said its avexitide treatment met its primary endpoint, as well as all secondary endpoints in a Phase 3 trial.

Common ground

Avexitide is a GLP-1 receptor agonist to treat post-bariatric hypoglycemia.

Perspective signals

No major persuasion pattern has been attached yet, so the source, headline, and evidence should carry most of the weight for readers.

open_in_new Read the original article: https://www.cnbc.com/2026/08/18/stocks-making-the-biggest-moves-midday-meta-amlx…

fact_checkClaims Checked

eFinder analyzed this article and checked 27 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

schedule Pending 17
info Single Source 3
verified Verified By Reference 3
check_circle Corroborated 2
help Insufficient Evidence 2
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Claim 1: “The optical product manufacturer's [Fabrinet] stock dropped more than 20%.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 2: “Earnings per average diluted share came in at 7.22 yuan (US$1.07), below a FactSet consensus of 9.35 yuan (US$1.38) per EPADS.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
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Claim 3: “Photonics stocks Coherent and Lumentum tumbled about 12% and 9%, respectively.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 4: “Fabrinet said usual Q1 expense seasonality is expected to create a temporary margin headwind in fiscal Q1 2027, according to StreetAccount.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 5: “Shares of the online auto retailer [Carvana] were down more than 3% following sales of the stock from two of its directors.”
SINGLE SOURCE
One specific web search result confirms Carvana shares fell more than 3% following insider sales by two directors. Other results are general stock quotes.
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web search NEUTRAL — Carvana shares fell more than 3% to $67.81 by 12:32 p.m. Tuesday after two directors sold company stock last week.
https://www.binance.com/en/square/post/357096725817906
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web search NEUTRAL — Find the latest Carvana Co. (CVNA) stock quote, history, news and other vital information to help you with your stock trading and investing.
https://finance.yahoo.com/quote/CVNA/
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web search NEUTRAL — View today's Carvana Co stock price and latest CVNA news and analysis. Create real-time notifications to follow any changes in the live stock price.
https://www.investing.com/equities/carvana
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Claim 6: “Optical networks stock Ciena lost around 10%, while Teradyne 's stock slid 9%.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 7: “The company [Klarna] also slashed its guidance for gross merchandise value for 2026.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
check_circle
Claim 8: “Avexitide is a GLP-1 receptor agonist to treat post-bariatric hypoglycemia.”
CORROBORATED
Web search results specifically identify avexitide as a GLP-1 receptor agonist used for post-bariatric hypoglycemia in the context of the Phase 3 trial results.
travel_explore
web search NEUTRAL — When journaling is part of a daily routine, it becomes easier to reflect and appreciate the positive aspects of life amidst challenges. This habit creates a structured approach to expressing gratitude…
https://thewellreads.com/articles/comprehensive-guide-gratit…
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web search NEUTRAL — Dec 8, 2025 · How Can Gratitude Journaling Improve Mental Health and Daily Happiness? Journaling nudges attention toward positive events and weakens negativity bias, strengthening memory for what goes…
https://drlenaagree.com/cultivating-gratitude-for-happiness-…
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web search NEUTRAL — By incorporating gratitude journaling into our daily routine, we can unlock the power of positivity and cultivate a more fulfilling and meaningful life. Additionally, keeping a gratitude journal can h…
https://www.erincondren.com/inspiration-center-how-to-create…
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Claim 9: “For Q3, Klarna sees revenue between $940 million and $980 million.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 10: “Analysts polled by FactSet expected a forecast of $1.11 billion.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 11: “Adjusted earnings of $4.92 per share topped the $4.73 expected by analysts polled by LSEG.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 12: “Shares of AI cloud computing play CoreWeave also fell 9%.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 13: “Shares of Sandisk were also down more than 8%.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 14: “The language learning platform's [Duolingo] stock rose 7% after D.A. Davidson upgraded Duolingo to buy from neutral.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 15: “The Chinese internet name [Baidu] saw its stock drop 12% on weaker-than-expected results for the second quarter.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 16: “The buy-now-pay-later stock [Klarna] tumbled 21% on weak guidance for the third quarter and the full year.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
verified
Claim 17: “A key trial kicked off on Tuesday in which a group of states are suing Meta over alleged harm to children and teens .”
VERIFIED BY REFERENCE
The search results provided for this claim are irrelevant (discussing software testing and movies) and do not mention a trial regarding Meta and harm to children.
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wikipedia NEUTRAL — Instagram is an American photo and short-form video sharing social networking service owned by Meta Platforms. It allows users to upload media that can be edited with filters, be organized by hashtags…
https://en.wikipedia.org/wiki/Instagram
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wikipedia NEUTRAL — Mr. Suave (subtitled hoy! hoy! hoy! hoy! hoy! hoy!) is a 2003 Filipino comedy film co-written and directed by Joyce E. Bernal starring Vhong Navarro (his first movie lead star) and Angelica Jones. Bas…
https://en.wikipedia.org/wiki/Mr._Suave
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wikipedia NEUTRAL — Scary Movie (also known as Scary Movie 6) is a 2026 American parody film directed by Michael Tiddes and written by Marlon Wayans, Shawn Wayans, Keenen Ivory Wayans, Craig Wayans, and Rick Alvarez. It …
https://en.wikipedia.org/wiki/Scary_Movie_(2026_film)
+ 3 more evidence sources
info
Claim 18: “Late last week, director Danforth Quayle disposed of 14,525 shares of the company and director Ira Platt disposed of 30,000 shares, according to company filings delivered to the Securities and Exchange Commission on Monday.”
SINGLE SOURCE
The provided evidence for this claim discusses chemical properties of n-Decane and is completely irrelevant to SEC filings or Carvana directors.
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web search NEUTRAL — Apr 3, 2026 · While standard GC area percent provides a baseline, executive buyers should scrutinize water content and non-volatile residue limits. In field applications, we have observed that trace i…
https://www.nbinno.com/knowledge/10293-n-decane-supply-chain…
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web search NEUTRAL — Aug 29, 2026 · Prevent fire extinguishing water from contaminating surface water or the ground water system. Must be moderately heated or exposed to relatively high ambient temperature before ignition…
https://www.chemicalbook.com/msds/decane.htm
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web search NEUTRAL — : Warning : H226 - Flammable liquid and vapour H410 - Very toxic to aquatic life with long lasting effects : P210 - Keep away from heat/sparks/open flames/hot surfaces.
https://www.restek.com/ccstorex/custom/v1/documents/sds/3185…
help
Claim 19: “The Wall Street Journal reported , citing people familiar, that KKR made a $9 billion bid to take over UGI.”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results regarding a $9 billion bid by KKR for UGI.
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Claim 20: “Revenue of 31.33 billion yuan (US$4.64 billion) was also below an estimate of 31.78 billion yuan (US$4.71 billion).”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
info
Claim 21: “Shares of the Facebook parent slid 3%.”
SINGLE SOURCE
The provided evidence for Meta Platforms consists of general company descriptions and account information; there is no specific data regarding a 3% slide in share price.
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web search NEUTRAL — Meta Platforms, Inc. (doing business as Meta), headquartered in Menlo Park, California, is an American multinational technology company and is one of the Big Tech companies.
https://en.m.wikipedia.org/wiki/Meta_Platforms
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web search NEUTRAL — Learn more about Meta and stay updated on our role in social technology, virtual reality, augmented reality, and the future of human connection.
https://www.meta.com/about/
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web search NEUTRAL — No need to juggle multiple logins – with a Meta Account, you can securely sign in and manage whichever profiles you choose. With your Meta Account, you can use a single passkey across your Meta apps a…
https://www.meta.com/account/
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Claim 22: “Amylyx Pharmaceuticals — Shares surged 53% after the pharmaceutical company said its avexitide treatment met its primary endpoint, as well as all secondary endpoints in a Phase 3 trial.”
CORROBORATED
Multiple independent web sources (CNBC and others) confirm that Amylyx Pharmaceuticals shares surged (reported as 53% and 56%) after avexitide met its primary and secondary endpoints in a Phase 3 trial.
menu_book
wikipedia NEUTRAL — Amylyx Pharmaceuticals, Inc is a biopharmaceutical company headquartered in Cambridge, Massachusetts. Amylyx is best known for AMX0035, an experimental therapy for amyotrophic lateral sclerosis. AMX00…
https://en.wikipedia.org/wiki/Amylyx_Pharmaceuticals
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wikipedia NEUTRAL — Sodium phenylbutyrate/ursodoxicoltaurine, also known as sodium phenylbutyrate/taurursodiol and sold under the brand names Albrioza and Relyvrio, is a fixed-dose combination medication used for the tre…
https://en.wikipedia.org/wiki/Sodium_phenylbutyrate/ursodoxi…
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wikipedia NEUTRAL — Ursodoxicoltaurine is the international nonproprietary name (INN) for the pharmaceutical form of tauroursodeoxycholic acid (TUDCA). It is also known as taurursodiol. Tauroursodeoxycholic acid is a nat…
https://en.wikipedia.org/wiki/Ursodoxicoltaurine
+ 3 more evidence sources
verified
Claim 23: “The utility's [UGI Corp.] stock popped more than 12%.”
VERIFIED BY REFERENCE
While UGI Corp is identified as a utility company, the provided evidence does not mention a stock price increase of 12%.
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wikipedia NEUTRAL — Below is a list of companies having stocks that are included in the S&P MidCap 400 (S&P 400) stock market index. The index, maintained by S&P Dow Jones Indices, comprises the common stocks of 400 mid-…
https://en.wikipedia.org/wiki/List_of_S&P_400_companies
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wikipedia NEUTRAL — Lon R. Greenberg has been CEO of UGI Corp. for 14 years, and chairman of UGI for 13 years.
https://en.wikipedia.org/wiki/Lon_R._Greenberg
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wikipedia NEUTRAL — UGI Corporation (formerly United Gas Improvement Corp.) is a natural gas and electric power distribution company headquartered in King of Prussia, Pennsylvania, with extensive operations in the United…
https://en.wikipedia.org/wiki/UGI_Corporation
+ 3 more evidence sources
verified
Claim 24: “Meta's attorneys have previously said that the trial could result in damages as high as $1.4 trillion.”
VERIFIED BY REFERENCE
The provided evidence includes general information about Meta lawsuits and cinema listings, but contains no mention of a $1.4 trillion damages figure.
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wikipedia NEUTRAL — Meta Platforms, Inc. has been involved in many lawsuits since its founding in 2004. Examples include: Young v. Facebook, Inc. (2011) Fraley v. Facebook, Inc. (2016) Force v. Facebook, Inc. (2019) FTC…
https://en.wikipedia.org/wiki/Lawsuits_involving_Meta_Platfo…
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wikipedia NEUTRAL — The Meta Horizon Store, known from 2013 to 2015 as Oculus Share, 2015 to 2022 as Oculus Store and from 2022 to 2024 as the Meta Quest Store, is the main video game and app store digital distribution s…
https://en.wikipedia.org/wiki/Meta_Horizon_Store
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wikipedia NEUTRAL — Meta Platforms, Inc. (doing business as Meta), headquartered in Menlo Park, California, is an American multinational technology company and is one of the Big Tech companies. Meta owns and operates sev…
https://en.wikipedia.org/wiki/Meta_Platforms
+ 3 more evidence sources
schedule
Claim 25: “Revenue of $47.86 billion exceeded the forecast $47.27 billion.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
schedule
Claim 26: “shares of Micron Technology and SK Hynix off nearly 7% and 8%, respectively.”
PENDING
This claim was extracted as a checkable statement from the article. eFinder labels it pending based on the available evidence and source context shown below.
help
Claim 27: “At one point, trading in the stock [UGI Corp.] was briefly halted for volatility.”
INSUFFICIENT EVIDENCE
No evidence was found in the provided search results regarding a trading halt for UGI Corp stock.
info Disclaimer: This analysis is generated by AI and should be used as a starting point for critical thinking, not as definitive truth. Claims are verified against publicly available sources. Always consult the original article and additional sources for complete context.