{"id":2641,"date":"2026-01-15T00:26:56","date_gmt":"2026-01-15T00:26:56","guid":{"rendered":"https:\/\/finzexpert.com\/blog\/stocks-making-the-biggest-moves-midday-biib-rivn-bac-abnb\/"},"modified":"2026-01-15T00:26:56","modified_gmt":"2026-01-15T00:26:56","slug":"stocks-making-the-biggest-moves-midday-biib-rivn-bac-abnb","status":"publish","type":"post","link":"https:\/\/finzexpert.com\/blog\/stocks-making-the-biggest-moves-midday-biib-rivn-bac-abnb\/","title":{"rendered":"Stocks making the biggest moves midday: BIIB, RIVN, BAC, ABNB"},"content":{"rendered":"\n<div>\n<div data-test=\"articleBody-2\" data-analytics=\"RegularArticle-articleBody-5-2\">\n<p><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"ArticleBody-extraData\"><span hidden=\"\" aria-hidden=\"true\" class=\"xyz-data\">Check out the companies making headlines in midday trading. Biogen \u2014 The biotech&#8217;s stock tumbled more than 4% after the company warned it would need to take a $222 million pretax charge in the fourth quarter. The company said the charge, which includes research-and-development expenses and milestone payments, will lower its net income by about $1.26 per share. Trip.com \u2014 The company&#8217;s stock plunged 17% after Reuters reported that Chinese market regulators are investigating the travel website. Travel stocks \u2014 Shares of travel-related stocks showed broad weakness on Wednesday, including Airbnb , which fell more than 5%. In addition to a potential China crackdown, an industry group reported that 6% fewer foreign travelers visited the U.S. in 2025. The World Travel and Tourism Council said that trend occurred even as global tourism spending rose, according to Reuters. Booking was down 4%, while Expedia fell 5%. Rivian \u2014 Shares of the electric vehicle manufacturer slid more than 8% after UBS downgraded Rivian to sell from neutral. Analyst Joseph Spak noted that while the market has been enthusiastic over the company&#8217;s artificial intelligence potential, &#8220;most of the AI related news is &#8216;out.'&#8221; He also said that while his team likes the new Rivian R2 SUV, expectations may be too high. Intuitive Surgical \u2014 Shares fell nearly 4% as the company forecast its da Vinci surgical robots would perform fewer procedures than analysts were expecting in 2026. The forecast came as it reported preliminary fourth-quarter revenue that was better than expected. Intuitive expects revenue of $2.87 billion, topping the $2.72 billion estimate from analysts polled by FactSet. AppLovin \u2014 Shares of the marketing platform fell more than 9% even though Evercore ISI initiated coverage of AppLovin at outperform. Evercore has a $835 price target on the stock. Netflix \u2014 Shares fell 2%. Netflix is preparing an all-cash $72 billion bid for Warner Bros. Discovery&#8217;s studios and HBO Max, CNBC&#8217;s David Faber confirmed Wednesday . Bloomberg first reported details of the offer on Tuesday, citing people familiar with the matter. Wells Fargo \u2014 Shares fell more than 5% after the bank reported weaker-than-expected revenue for the fourth quarter. The company&#8217;s top line came in at $21.29 billion, below an LSEG estimate of $21.65 billion. Net interest income of $12.3 billion was also below estimates. Wells Fargo shares have risen nearly 25% over the past 12 months. Bank of America \u2014 The bank&#8217;s shares fell 5% despite reporting better-than-expected results for the fourth quarter. The company earned 98 cents per share on revenue of $28.53 billion. Analysts expected a profit of 96 cents per share on revenue of $27.94 billion. Stronger-than-anticipated net interest income drove the beat. Bank of America stock is up about 13% over the past year. Citigroup \u2014 Shares fell more than 4% after the bank reported adjusted earnings of $1.81 per share on $21 billion in revenue for the fourth quarter. Analysts polled by LSEG expected a profit of $1.67 per share on $20.72 billion in revenue. Citigroup shares have risen more than 50% over the past year. \u2014 CNBC&#8217;s Fred Imbert, Darla Mercado and Itzel Franco contributed reporting<\/span><\/span><\/span><span class=\"HighlightShare-hidden\" style=\"top:0;left:0\"\/><\/p>\n<\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Check out the companies making headlines in midday trading. Biogen \u2014 The biotech&#8217;s stock tumbled more than 4% after the company warned it would need to take a $222 million pretax charge in the fourth quarter. The company said the charge, which includes research-and-development expenses and milestone payments, will lower its net income by about [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2642,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[8],"tags":[2110,1816,193,1355,192,195,194,2097,191],"class_list":["post-2641","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-loan","tag-abnb","tag-bac","tag-biggest","tag-biib","tag-making","tag-midday","tag-moves","tag-rivn","tag-stocks"],"_links":{"self":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/2641","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/comments?post=2641"}],"version-history":[{"count":0,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/posts\/2641\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media\/2642"}],"wp:attachment":[{"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/media?parent=2641"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/categories?post=2641"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/finzexpert.com\/blog\/wp-json\/wp\/v2\/tags?post=2641"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}