Check out the companies making headlines in midday trading. Coty — Shares of the beauty retailer plummeted more than 20% following its latest quarterly results. While its revenue of $1.25 billion beat the $1.20 billion that analysts surveyed by LSEG were expecting, it posted a loss per share of 5 cents, more than 2 cents in earnings per share that analysts were looking for. The company also forecast a weak first half of fiscal 2026 but said that a turnaround should be in store for the second half, supported by new product launches and tariff mitigation efforts taking hold. Paramount Skydance — The stock popped 15%, putting its month-to-date gains at more than 25%. Earlier this month, the company’s second-quarter earnings came in better than expected as its streaming division saw an unexpected profit, sending shares higher. Xpeng — U.S. shares of the Chinese electric car company jumped more than 14%. CEO Xiaopeng He purchased 3,100,000 Class A ordinary shares through Galaxy Dynasty Limited, a security filing dated Thursday revealed. The stock has risen around 17% this week on the heels of reporting better-than-expected revenue for the second quarter, as we …
