Check out the companies making the biggest moves midday: Quanex Building Products — The building products maker jumped 9% after the company posted better-than-expected earnings for its fiscal fourth quarter. Quanex reported adjusted earnings of 83 cents per share on revenue of $789.8 million. Analysts polled by FactSet expected a profit of 52 cents per share on revenue of $470.7 million. Allegiant Travel — Shares rose more than 5% following an upgrade to buy from hold at Deutsche Bank. “As the company has jettisoned its loss-making resort, management are now 100% focused on running the airline, and various opportunities are likely to surface in the domestic market as the low fare carrier sector continues to evolve,” the bank said. Lantheus — The therapeutics and diagnostics products maker gained more than 6% after a Truist upgrade to buy from hold. “We may be a touch early, but we see LNTH’s 4Q26-2027 growth/profit re-accel. prospects as compelling, and we think investors could begin to position sooner vs. later (i.e. by mid-’26) ahead of a 2H26 rev/profit growth inflection,” Truist analysts said. Tilray Brands — The cannabis stock surged 33% after CNBC learned President Donald Trump is expected to sign an executive order as soon as Monday that would reclassify marijuana. The Amplify Alternative Harvest ETF (MJ) also traded 28% higher. Lululemon — The athle …
