Stocks are comfortably higher at midday, with the Nasdaq Composite (IXIC) up triple digits as it bounces back from Friday’s tech rout. Oil prices are in focus as hopes for renewed U.S.-Iran peace talks grow, with Secretary of State Marco Rubio saying President Trump still favors a peaceful resolution. Iranian officials also signaled openness to an agreement if the U.S. demonstrates goodwill. The Dow Jones Industrial Average (DJI) is up roughly 500 points and the S&P 500 Index (SPX) sports modest gains as well.
Tripadvisor (NYSE: TRIP) stock is receiving a notable amount of attention in the options pits as traders brace for the travel firm's upcoming third-quarter earnings call. Last seen up 3.5% at $9.55, roughly 12,500 contract have changed hands, volume that is three times' TRIP's average intraday amount. The January 15, 2027 8-strike put and weekly 11/6 9-strike put are seeing the most attention. TRIP is down 34% on the year and remains near its Sept. 23, record low of $8.02.
Nextpower (NYSE: NXT) is at the top of the New York Stock Exchange (NYSE) today, up 16.3% to trade at $92.29, after sharing a record fiscal second-quarter earnings report. Both earnings and revenue impressed and today's lift has the solar utility firm back near levels not seen since August. The shares have also crossed the 60-day moving average for the first time since June, while clinging to a 5% year-to-date gain.
One of today's worst Nasdaq performers Krystal Biotech Inc (Nasdaq: KRYS) is down 13.3% to trade at $287.78 at last glance, overshadowing a strong third-quarter revenue beat. The stock is poised to snap a five-day win streak as it heads for its worst session decline on record and sits on the short sale restricted list. Year over year, the shares are up 45%.
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