Stocks making the biggest moves midday: Wendy's, Vestis, Cleanspark, Under Armour & more

Cnbc · May 12, 2026 · 677 words · By Fred Imbert; Sarah Min

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What to know about Stocks making the biggest moves midday: Wendy's, Vestis, Cleanspark, Under Armour & more

Check out the companies making the biggest moves midday: Vestis — Shares surged more than 30% after the uniform and apparel maker's fiscal second-quarter results beat expectations.

Claims checked 35

Techniques found 0

Topics 0

Coverage spectrum

Coverage gap: Low Left coverage

Left0%

Center75%

Right25%

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

What happened

Check out the companies making the biggest moves midday: Vestis — Shares surged more than 30% after the uniform and apparel maker's fiscal second-quarter results beat expectations.

Why it matters

Vestis also raised its fiscal 2026 EBITDA outlook.

Common ground

Zebra Technologies — The automation stock popped 17% on better-than-expected first-quarter results.

Perspective signals

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

Follow-up questions

What concrete event or decision sits underneath the headline: Stocks making the biggest moves midday: Wendy's, Vestis, Cleanspark, Under Armour & more?
What evidence would most clearly confirm or weaken the claim that The company's second-quarter adjusted EBITDA forecast of between zero and $5 million also fell short of the anticipated $12.1 million?
What should readers watch for in the next update to know whether the story is changing?

open_in_new Read the original article: https://www.cnbc.com/2026/05/12/stocks-making-the-biggest-moves-midday-wen-vsts-…

fact_checkClaims Checked

eFinder analyzed this article and checked 35 claims against available evidence, cross-references, web search, and Wikipedia. Here is what the fact-checking layer found.

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verified Verified By Reference 3

check_circle Corroborated 3

info Single Source 2

help Insufficient Evidence 2

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Claim 1: “The company's second-quarter adjusted EBITDA forecast of between zero and $5 million also fell short of the anticipated $12.1 million.”

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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: “Mara posted a first-quarter loss of $3.31 per share, greater than the loss of $1.51 per share analysts anticipated, according to FactSet.”

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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: “GitLab said it plans to reduce the number of countries in which it operates by up to 30%, remove as much as three layers of management, reorganize research and development into roughly 60 smaller teams and expand agentic AI in internal processes.”

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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 4: “On also reiterated its full-year net sales growth outlook and increased its earnings guidance.”

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 5: “AST SpaceMobile — Shares tumbled 13% after the developer of satellites reported a larger-than-expected loss for the first quarter.”

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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 6: “Cleanspark — The bitcoin miner and data center developer'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.

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Claim 7: “Shares of GameStop dropped more than 2% after online retailer eBay on Tuesday turned down a $56 billion takeover bid from the electronics retailer over doubts about the financing of the deal.”

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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 8: “Under Armour — The sportswear company's stock slid 18% after the company posted a fiscal fourth-quarter loss of 3 cents on revenue of $1.17 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.

verified

Claim 9: “Analysts polled by FactSet expected a profit of $4.25 per share on revenue of $1.48 billion.”

VERIFIED BY REFERENCE

The provided evidence confirms FactSet is a financial data company, but does not provide the specific analyst consensus figures ($4.25 EPS and $1.48 billion revenue) for Zebra.

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wikipedia NEUTRAL — The donkey or ass is a domesticated equine. It derives from the African wild ass, Equus africanus, and may be classified either as a subspecies thereof, Equus africanus asinus, or as a separate specie…
https://en.wikipedia.org/wiki/Donkey

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wikipedia NEUTRAL — Ice Station Zebra is a 1968 American spy thriller film directed by John Sturges and starring Rock Hudson, Patrick McGoohan, Ernest Borgnine, and Jim Brown. The screenplay is by Douglas Heyes, Harry Ju…
https://en.wikipedia.org/wiki/Ice_Station_Zebra

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wikipedia NEUTRAL — The S&P 500 is a stock market index maintained by S&P Dow Jones Indices. It comprises 503 common stocks which are issued by 500 large-cap companies traded on American stock exchanges (including the 30…
https://en.wikipedia.org/wiki/List_of_S&P_500_companies

+ 3 more evidence sources

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Claim 10: “Ralliant earned an adjusted 57 cents per share.”

CORROBORATED

Two sources mention 57 cents per share in relation to Ralliant: one as an expected mean estimate and another as a forecasted EPS that was later surpassed.

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web search NEUTRAL — The Raleigh North Carolina-based company is expected to report revenue of $521.049 million, according to the mean estimate from 10 analysts, based on LSEG data. LSEG's mean analyst estimate for Rallia…
https://www.tradingview.com/news/reuters.com,2025:newsml_L8N…

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web search NEUTRAL — Ralliant Corporation (“Ralliant” or the “Company”) (NYSE: RAL) today announced financial results for the first quarter of 2026.Adjusted Net Earnings and Adjusted Diluted Net Earnings Per Share (Unaudi…
https://www.businesswire.com/news/home/20260511568003/en/Ral…

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web search NEUTRAL — Earnings vs. Forecast. Ralliant reported an EPS of $0.67, surpassing the forecasted EPS of $0.57 for the quarter. The revenue of $530 million also exceeded the projected $502.47 million. This earnings…
https://www.investing.com/news/transcripts/earnings-call-tra…

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Claim 11: “Vestis also raised its fiscal 2026 EBITDA outlook.”

CORROBORATED

Multiple sources confirm Vestis raised its fiscal 2026 EBITDA outlook, specifically citing a range of $295 million to $325 million.

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wikipedia NEUTRAL — Fudbalski klub Partizan (Serbian Cyrillic: Фудбалски клуб Партизан, IPA: [fûdbalskiː klûːb partǐzaːn]; lit. 'Football Club Partizan'), often referred to in English as Partizan Belgrade, is a Serbian …
https://en.wikipedia.org/wiki/FK_Partizan

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wikipedia NEUTRAL — Sir James Arthur Ratcliffe (born 18 October 1952) is a British billionaire, chemical engineer, and businessman. Ratcliffe is the chairman and chief executive officer (CEO) of the INEOS chemicals group…
https://en.wikipedia.org/wiki/Jim_Ratcliffe

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web search NEUTRAL — Updated Fiscal Year 2026 Outlook Today, the Company is updating its outlook for fiscal 2026. The Company now expects fiscal 2026 Adjusted EBITDA* to be in the range of $295 million to $325 million and…
https://ir.vestis.com/news-media/press-releases/detail/136/v…

+ 2 more evidence sources

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Claim 12: “said details will be shared on its June 2 earnings call.”

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 13: “The company also reaffirmed its full-year revenue guidance of $150 million to $200 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.

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Claim 14: “Ralliant — The maker of high-precision instruments and sensors saw shares jump 14% on the back of first-quarter earnings that beat analyst expectations.”

SINGLE SOURCE

Web search results confirm Ralliant is a precision technology company and that Q1 2026 results exceeded guidance, but the specific '14% jump' is not explicitly stated in the snippets provided, although the general beat is confirmed.

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web search NEUTRAL — A unified precision technologies portfolio powered by culture, people, and the Ralliant Business System to deliver results for our employees, customers, and shareholders. Ralliant is home to driven te…
https://ralliant.com/

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web search NEUTRAL — 1 day ago · Summary Ralliant's Q1 2026 results exceeded guidance, prompting an increase in the full-year outlook with revenue expected between $2.185 billion and $2.245 billion.
https://www.benzinga.com/insights/news/26/05/52485699/rallia…

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web search NEUTRAL — 15 hours ago · Ralliant is a global provider of precision technologies that specializes in designing, developing, manufacturing, and servicing precision instruments and highly engineered products. Ral…
https://investors.ralliant.com/news-events/press-releases/de…

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Claim 15: “Webtoon Entertainment — The online platform's stock dropped 9% after the company guided for second-quarter revenue in the range of $332 million to $342 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.

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Claim 16: “Wendy's — Shares rallied more than 16% after The Financial Times reported , citing people familiar with the matter, that Nelson Peltz's Trian Fund Management was looking to raise funds for a bid to take the fast-food chain private.”

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 17: “The company's prior forecast ranged between $1.247 billion and $1.267 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.

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Claim 18: “Revenue came in weaker than anticipated at $174.6 million, versus the $181.9 million estimate.”

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 19: “Second-quarter losses came in wider than anticipated at $1.52 per share, while analysts polled by FactSet sought a loss of 56 cents per share.”

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 20: “Vestis — Shares surged more than 30% after the uniform and apparel maker's fiscal second-quarter results beat expectations.”

CORROBORATED

Three independent web search results confirm that Vestis shares rose over 30% following fiscal second-quarter results that beat expectations.

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wikipedia NEUTRAL — Vesti may refer to:
https://en.wikipedia.org/wiki/Vesti

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wikipedia NEUTRAL — Angelica vestis, in English and European antiquity, was a monastic garment that laymen wore a little before their death, that they might have the benefit of the prayers of the monks. It was from them …
https://en.wikipedia.org/wiki/Angelica_vestis

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wikipedia NEUTRAL — Coa vestis is an ancient type of fabric named after its point of origin, the Greek island Kos. Coa vestis was made by the wild silk of Pachypasa otus, a Mediterranean moth. Aristotle first mentioned c…
https://en.wikipedia.org/wiki/Coa_vestis

+ 3 more evidence sources

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Claim 21: “Shares of eBay were slightly higher.”

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 22: “Mara Holdings — Shares of the crypto miner lost 10%.”

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 23: “ZoomInfo Technologies — The market intelligence platform's stock tumbled more than 33% after the company cut full-year revenue guidance to a range of $1.185 billion to $1.205 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.

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Claim 24: “Zebra Technologies — The automation stock popped 17% on better-than-expected first-quarter results.”

VERIFIED BY REFERENCE

While the evidence confirms Zebra Technologies is a company, there is no specific evidence in the provided results confirming a 17% stock pop linked to first-quarter results. One source mentions a 19.5% jump and another an 11.1% jump for a different quarter, but not the specific 17% for Q1.

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wikipedia NEUTRAL — Symbol Technologies, Inc., was an American manufacturer and supplier of mobile data capture and delivery equipment. The company specialized in barcode scanners, mobile computers, RFID systems and Wire…
https://en.wikipedia.org/wiki/Symbol_Technologies

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wikipedia NEUTRAL — Zebra Programming Language (ZPL) is a page description language from Zebra Technologies, used primarily for labeling applications. The original language was superseded by ZPL II, but it is not fully c…
https://en.wikipedia.org/wiki/Zebra_Programming_Language

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wikipedia NEUTRAL — Zebra Technologies Corporation (ZBR), commonly known as Zebra, is an American multinational technology conglomerate corporation, specializing in smart data capture systems. Zebra is headquartered in L…
https://en.wikipedia.org/wiki/Zebra_Technologies

+ 3 more evidence sources

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Claim 25: “Meanwhile, Webtoon's first-quarter revenue of $320.9 million also missed the $321.6 million consensus estimate.”

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 26: “That's above the company's guidance and a FactSet consensus of 49 cents per share.”

INSUFFICIENT EVIDENCE

No evidence was found to confirm the specific FactSet consensus of 49 cents per share for Ralliant.

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Claim 27: “Second-quarter revenue also missed the mark, landing at $136.4 million compared with $145.4 million expected.”

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 28: “Guidance for the second quarter also exceeded estimates.”

SINGLE SOURCE

No evidence was provided regarding Zebra Technologies' second-quarter guidance relative to estimates.

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web search NEUTRAL — Zebra Technologies Corporation (ZBR), commonly known as Zebra, is an American multinational technology conglomerate corporation specializing in smart data capture systems.
https://en.wikipedia.org/wiki/Zebra_Technologies

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web search NEUTRAL — Zebra Technologies (NASDAQ:ZBRA) Second Quarter 2024 Results. Key Financial Results. Revenue: US$1.22b (flat on 2Q 2023).Zebra Technologies Revenues and Earnings Beat Expectations. Revenue exceeded an…
https://finance.yahoo.com/news/zebra-technologies-second-qua…

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web search NEUTRAL — Key Points. Zebra's Q1 earnings beat analyst estimates by $0.49 per share. Memory chip costs will pressure margins next quarter, but the company is already adapting. The stock trades at just 14 times …
https://www.fool.com/investing/2026/05/12/why-zebra-technolo…

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Claim 29: “GitLab — Shares plunged 11% after CEO Bill Staples outlined a broad restructuring plan tied to the software company's move into agentic AI, including workforce reductions, management cuts and a narrower geographic footprint.”

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 30: “Hub Group — Shares fell more than 10% after the transportation and logistics company said it would restate its year-end 2024 and 2023 results.”

INSUFFICIENT EVIDENCE

No evidence was found regarding Hub Group shares falling 10% or the company restating 2023/2024 results.

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Claim 31: “Analysts polled by FactSet were looking for $348 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.

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Claim 32: “Hims & Hers Health — Shares tumbled 14% after the telehealth company issued disappointing earnings guidance .”

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 33: “Zebra earned $4.75 per share, excluding certain items, on revenue of $1.5 billion.”

VERIFIED BY REFERENCE

The provided evidence does not contain the specific financial figures ($4.75 EPS and $1.5 billion revenue) for Zebra Technologies' first quarter.

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+ 3 more evidence sources

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Claim 34: “On Holding — Shares fell 4% even after the running shoes maker reported first-quarter earnings and revenue that beat analyst expectations.”

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 35: “Analysts polled by LSEG were anticipating a loss of 2 cents on revenue of $1.68 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 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.