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Stocks making the biggest moves midday: Vertiv, Baidu, Warby Parker, RH & more

Garry Wills by Garry Wills
January 2, 2026
in Business Finance
Stocks making the biggest moves midday: Vertiv, Baidu, Warby Parker, RH & more
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Check out the companies making the biggest moves midday: Vertiv — Shares popped 8% after Barclays upgraded the data center infrastructure provider to an overweight rating from equal weight. The bank said recent volatility has created an attractive entry point, and believes that upside potential to earnings estimates will drive further outperformance. Sable Offshore — The oil and gas company soared nearly 19% after a federal court denied a stay by environmental groups that wanted to halt the restart of Sable Offshore’s Las Flores pipelines in California. Litigation will continue on the issue this year. Sandisk — Spun off of Western Digital in February, shares of the flash memory provider jumped almost 11% in midday trading as 2026 gets underway. The stock had a strong 2025, up nearly 560%, fueled by data center demand and the addition of its shares in the S & P 500 in November. ASML — The chipmaker equipment builder popped 8%. A catalyst for the move wasn’t clear, though it builds on the stock’s 54.4% advance in 2025. Baidu — The Chinese tech giant jumped 12.8% after it said it plans to spin off its semiconductor unit , Kunlunxin, and list it in Hong Kong. Wayfair , RH , Williams-Sonoma — The home goods retailers rose following President Donald Trump’s decision to delay a 30% tariff hike on upholstered furniture. Wayfair added 6.4% and RH gained 10%, while Williams-Sonoma moved 5% higher. Tesla — The EV maker fell 1% after reporting 418,227 deliveries for the fourth-quarter, down 16% from a year prior. Analysts polled by FactSet had anticipated total deliveries of 426,000. Taiwan Semiconductor Manufacturing — The United States granted the chipmaker its annual license to import its equipment to China, sending shares 3.7% higher. Li Auto , Nio — The Chinese EV makers rose1.6% each after reporting vehicle deliveries for December. Li Auto delivered 44,246 units last month, while Nio delivered 48,135. Warby Parker — Shares ticked up 2.9% after Loop Capital named the eyeglasses maker one of its top-pick stocks for 2026, citing the firm’s expanding EBITDA margins. The firm likes the risk/reward trade-off and said Warby Parker remains “one of the most compelling organic square footage growth stories in our coverage universe.” — CNBC’s Sarah Min, Christina Cheddar-Berk, Lisa Han and Liz Napolitano contributed reporting.

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