Check out the companies that are trending in intraday trading: Netflix , Warner Bros. Discovery — Netflix stock fell nearly 3%, while Warner Bros. Discovery rose nearly 4% in intraday trading after the streaming giant announced Friday that it had reached an agreement to acquire WBD for $27.75 per share. But trading has been volatile as investors debate whether Netflix will be able to muster regulatory support. A senior Trump administration official told CNBC he expressed skepticism about the proposed combination. Paramount Skydance — Shares of the media company fell 7% after losing out to Netflix in its bid to acquire Warner Bros. Discovery. Paramount was considered the frontrunner in the bidding process. Comcast had also submitted an offer to the company. The stock price rose less than 1%. PARSONS — Shares of the government contractor fell nearly 26% after it lost a bid to private company Peraton to help update the U.S. air traffic control system. ALBEMARLE — Shares of the lithium producer soared 8% after UBS upgraded the stock to buy, saying lithium prices will rise throughout the year, leading to higher stock prices. Cooper Companies — Shares of the medical device company soared more than 6% after the company announced it would begin a strategic review of its business. The announcement comes as the company appointed Colleen Jay as its next chairman of the board, effective January 2, and announced strong quarterly profits and a rosy outlook for the full year. Jana Partners invested in the company this fall. Rubrik — Shares rose nearly 23% after the cloud data management company reported significant improvement in sales and bottom line profits. In its fiscal third quarter, Rubrik had revenue of $350 million, or 10 cents per share on an adjusted basis. Analysts surveyed by LSEG had expected a loss of 17 cents per share on revenue of $320 million. Ulta Beauty — Shares rose 14% after the cosmetics retailer raised its full-year sales outlook. Ulta now expects full-year net sales to be $12.3 billion, higher than previous expectations of $12.0 billion to $12.1 billion. Earnings per share are expected to be in the range of $25.20 to $25.50, up from the previously expected range of $23.85 to $24.30. The company also expects store openings for at least 14 months and online sales to increase 4.4% to 4.7%, up from previous expectations of 2.5% to 3.5%. SoFi Technologies — SoFi stock fell 7% after the fintech company announced a $1.5 billion underwritten public offering of common stock. Docusign — Shares of the digital document signing company fell 6% even as the company raised its full-year revenue outlook after reporting third-quarter results. Docusign earned an adjusted profit of $1.01 per share in its most recent financial quarter, on revenue of $818.4 million. Analysts polled by FactSet expected earnings of 92 cents and revenue of $806.2 million. Wedbush said the stock is down because investors may view DocuSign’s guidance as “conservative.” Victoria’s Secret & Co — The lingerie and apparel company reported a narrower-than-expected quarterly loss and a 9% increase in net sales, sending its stock price soaring more than 11%. The company also raised its full-year outlook, saying it was “well positioned for a successful holiday season.” SentinelOne — Shares of cybersecurity provider SentinelOne fell about 12% after the company announced fourth-quarter revenue of $271 million, below analyst expectations of $273 million, according to LSEG data. The company expected full-year sales of $1 billion, which was in line with expectations. SentinelOne’s third-quarter results beat consensus estimates. —CNBC’s Liz Napolitano, Sean Conlon, Yun Li and Pia Xin contributed reporting. Disclosure: Comcast is the parent company of NBCUniversal, which owns CNBC. With Comcast’s planned Versant spinoff, Versant will become CNBC’s new parent company.
