Here are some of the stocks making big moves in midday trading. Klarna – Shares of the buy now, pay later provider cratered about 25% as its guidance fell short of Wall Street's expectations. Klarna called for first-quarter operating income to range from $5 million to $35 million, excluding items, well below the FactSet consensus for $61.9 million. Fourth-quarter operating income of $47 million, excluding items, also missed the mark, as analysts sought $57 million. Blue Owl Capital – Shares of the alternative asset manager dropped nearly 10% after the company announced the sale of $1.4 billion in loans from three of its private debt funds at 99.7% of par value. The proceeds will go toward returning capital and paying debt. Blue Owl also halted redemptions at Blue Owl Capital Corp II, a private credit strategy that's aimed at retail investors. Peer alternative asset managers Ares , Blackstone and KKR dropped 5%, almost 6% and more than 3%, respectively. Omnicom – The marketing company saw shares surge 13%. Omnicom reported fourth-quarter revenue of $5.5 billion, up nearly 28% from the year-ago period. The company's board also authorized a $5 billion share buyback, including a $2.5 billion accelerated share repurchase. Lockheed Martin — The primary contractor for Patriot air defense missiles surged 2% to an all-time high, bringing its three-month gain to 41%. Speaking at a Citigroup investment conference earlier this week, management pointed to rising global demand from the U.S. and allies for integrated air and missile defense. Walmart — The big-box retailer reversed premarket losses and traded slightly higher as investors wagered that the company's forward guidance is merely too conservative. Walmart said it anticipates net sales will increase by 3.5% to 4.5% and adjusted earnings per share to range from $2.75 to $2.85. Analysts polled by LSEG were expecting guidance of $2.96 per share. Deere — The seller of farm equipment posted a beat on both the top and bottom lines, sending shares 13% higher. Deere reported first-quarter earnings of $2.42 per share on revenue of $8 billion. Analysts polled by LSEG had expected EPS of $2.05 on revenues of $7.69 billion. DoorDash — The food delivery company rallied 4%. DoorDash reported that its total orders increased 32% in the fourth quarter from the year-ago period. Revenue for the period was also up 38%. Still, fourth-quarter results on the top and bottom line missed estimates. Etsy — The stock advanced 11% after the company announced plans to sell Depop , a consumer-to-consumer fashion marketplace, to eBay for $1.2 billion in cash. The sale is subject to certain price adjustments. Etsy's earnings of 92 per share topped the 84 cents expected from analysts polled by LSEG, but its revenue of $882 million missed the $885 million consensus estimate. Figma — The design software manufacturer jumped 7% after its fourth-quarter results and quarterly guidance blew past the Street's expectations. Figma reported adjusted earnings of 8 cents per share on $303.8 million in revenue, while analysts polled by LSEG expected 7 cents per share in earnings on $293.15 million in revenue. On a year-over-year basis, Figma's revenue grew 40% in the fourth quarter, according to a statement. Carvana — Shares tumbled 11% after the used car seller's adjusted EBITDA came out below consensus expectations. The company reported adjusted EBITDA of $511 million for the fourth quarter, lower than the $539.2 million expected by analysts, per StreetAccount. Molson Coors Beverage — The maker of Miller Lite fell about 6% on a weak forecast. Molson said it sees full-year earnings per share falling 11% to 15%, while analysts polled by LSEG were looking for a 1.9% gain. Management warned that "we expect commodity inflation in particular to be a meaningful headwind in 2026." Occidental Petroleum — The natural gas producer beat fourth-quarter expectations, helped by strong oil production. Occidental reported an adjusted profit of 31 cents per share, while analysts polled by FactSet expected 17 cents per share. The stock rose 8% on the results. Six Flags Entertainment — The amusement-resort operator added about 7% on the back of its fourth-quarter results. Six Flags' reported adjusted EBITDA of $165.5 million, topping the $158.8 million FactSet consensus estimate. Revenue came in at $650.1 million, versus the $605.6 million expected from analysts. However, Six Flags lost 91 cents per share, compared to the 33-cent loss expected from the Street. Chewy — The online pet food retailer gained 4% after Raymond James upgraded the stock to outperform from market perform, saying its recent weakness has created an attractive risk/reward setup. Avis Budget Group — The rental car company lost 22% after its fourth-quarter financial results disappointed investors. Avis reported adjusted EBITDA of $5 million, far short of the $145.8 million expected by analysts, per FactSet. Revenue came in at $2.66 billion, versus the consensus estimate of $2.74 billion. Wayfair — Shares lost 10%.Though the home goods retailer beat Wall Street's estimates on the top and bottom lines for the fourth quarter, international sales came in slightly weak. International net revenue for the period was $395 million, while the StreetAccount consensus estimate called for $398.3 million. — CNBC's Pia Singh, Sarah Min, Fred Imbert, Christina Cheddar Berk, Scott Schnipper and Nick Wells contributed reporting.
