Check out the companies making the biggest moves in midday trading: Crocs — Shares of the clogs manufacturer surged 21% after Crocs reported upbeat guidance for the current quarter. The company sees adjusted earnings ranging from $2.67 to $2.77 per share, surpassing the FactSet consensus call for $2.52 per share. The earnings outlook for the full year also beat Wall Street’s estimates. Restaurant Brands — Shares fell 6% despite the Burger King parent’s beat on the top and bottom lines . Hurt by rising costs, including beef, Restaurant Brands’ profits fell despite higher revenue. The company was hurt by competitive pressure in the U.S. Lululemon — The athleisure brand’s stock fell more than 3% after Bloomberg reported that a second version of its leggings has been criticized for being too sheer. The news service cited an analyst research note as well as comments on Reddit in its report. The brand faced similar criticism a few weeks ago for another style , which it temporarily pulled from its website. The incident comes as Lululemon is under pressure to reinvigorate sales. Cisco Systems — The maker of networking hardware such as switches and routers dropped about 12% as its forecast disappointed. Rising costs for memory chips will weigh on the company’s profits in the near term. Cisco posted second-quarter results that exceeded estimates on the top and bottom lines. Viking Therapeutics — The biopharmaceutical company jumped 8% after announcing plans to advance its oral obesity drug into Phase 3 development . AppLovin — The mobile technology company dropped 18%, despite beating profit and sales estimates. AppLovin reported fourth-quarter earnings of $3.24 per share on revenue of $1.66 billion. Analysts polled by LSEG had expected EPS of $2.93 on revenues of $1.60 billion. AppLovin is already down 44% this year. Zebra Technologies — The maker of automatic identification and data capture products’ stock jumped nearly 13% as both its fourth-quarter sales and its full-year outlook topped estimates. Zebra is projecting 2026 revenue will rise between 9% and 13% from the prior year. Analysts had anticipated 9.9% growth. Geo Group —The private prison company saw shares tank about 18%. The Geo Group announced that its CEO J. David Donahue will be retiring effective Feb. 28. The company’s founder and executive chairman George Zoley will step in to lead the company under an amended employment agreement, effective March 1 through April 2. Separately, first-quarter guidance for adjusted EBITDA and revenue fell short of FactSet consensus estimates. Cognex — Shares of the machine vision producer surged more than 37% after it reported an adjusted earnings and revenue beat for the fourth quarter. The company also delivered better-than-expected guidance for the current quarter, and said it made progress in advancing its technology for AI-enabled industrial machine vision. Memory storage stocks — Shares of memory storage stocks added to their ongoing rally this year. Shares of Sandisk and Seagate Technology were up more than 5% and about 10%, respectively. Micron Technology and Western Digital gained more than 2% and roughly 7%, respectively. The moves also come after Cisco pointed to rising memory costs in its latest earnings results, which could weigh on its profits moving forward. QuantumScape — Shares tumbled 9% after the company’s latest financial results. QuantumScape, which develops solid-state lithium-metal battery technology, lost 17 cents per share in the fourth quarter, in line with analyst expectations, per FactSet. It guided for an adjusted EBITDA loss of $250 million to $275 million for the full year, versus the consensus loss of $255.1 million. It also expects capital expenditures for the year ranging between $40 million to $60 million, compared with the $46.2 million expected by analysts. Anheuser-Busch InBev — The beer maker’s fourth-quarter earnings topped expectations, sending shares almost 5% higher. It reported underlying earnings of 95 cents per share, versus the 90 cents expected from analysts polled by LSEG. Its revenue of $15.56 billion topped the $14.95 consensus estimate. Fastly — The cloud-computing stock surged nearly 75% following earnings. Guidance for full-year revenue came in at $700 million to $720 million, while analysts polled by LSEG estimated $668 million. In the fourth quarter, the company posted adjusted earnings of 12 cents per share on revenues of $172.6 million. Analysts expected earnings of 6 cents a share and revenue of $161 million. Paycom Software — The payroll and human resources software provider shed about 4% after issuing revenue guidance in the range of $2.175 billion to $2.195 billion for the calendar year. That was much lower than the FactSet consensus estimate of $2.23 billion. Rollins — The pest control company sank 12% following a disappointing earnings report. Rollins posted GAAP earnings of 24 cents, below the 26 cents consensus estimate, according to FactSet. Revenue of $912.9 million came in below the forecast $926.8 million. Albemarle — The chemical manufacturer slipped 7% after reporting a fourth-quarter adjusted loss of 53 cents per share, wider than the 42 cents analysts polled by FactSet were expecting. On the other hand, its revenue of $1.43 billion topped estimates calling for $1.35 billion. Albemarle also announced plans to idle an Australian lithium plant, and said it will meet customer demand through other production channels going forward. Magnum Ice Cream — Following its first earnings results since its spinoff from Unilever, the stock fell 16%. The company reported an earnings and revenue miss for fiscal-year 2025 due to weaker-than-expected growth in sales. Equinix — Shares rose 12% after the digital infrastructure firm issued full-year guidance that exceeded Wall Street’s expectations. The company said it expects to notch adjusted earnings before interest, taxes, depreciation and amortization in the range of $5.141 billion to $5.221 billion by the end of 2026 versus analysts’ consensus estimate of $5.03 billion, per FactSet. It also forecast that revenue would come in between $10.123 billion and $10.223 billion this year, topping the consensus estimate of $10.07 billion on the Street. Transportation logistics stocks — A number of transportation stocks were under pressure Thursday as investors worried that AI-powered logistics software could eat away at their business. C.H. Robinson Worldwide fell 23%, while Expeditors International tumbled 16%. RXO was down 25%.