Take a look at the businesses making headlines in noon buying and selling. Geron Company — Shares of the biotech firm soared 90% after a U.S. Meals and Drug Administration advisory panel voted in favor of Geron’s blood dysfunction remedy, imetelstat. Geron expects a regulatory determination in June. Micron Know-how — The semiconductor inventory gained 2.4% after Citi named Micron one in every of its prime picks and elevated its value goal by $55 to $150. The financial institution stated shares deserve a premium given the corporate’s growing publicity to synthetic intelligence. Rivian Automotive — Shares popped 3.4% after Piper Sandler upgraded the electrical automobile maker to obese and hiked its value goal to $21 from $15, suggesting 96% upside from Thursday’s shut. The agency stated it’s bullish on Rivian’s new product launch and its determination to delay capital spending. Fisker — Shares rose greater than 13%, or two cents, after the beaten-down EV maker performed down talks of a doable chapter submitting , saying it’s making an attempt to lift extra capital and hopes to strike a take care of one other carmaker. The inventory remains to be down about 53% week so far. Adobe — Shares slipped 15% after the software program firm issued weak income steerage for its present quarter. Jabil — Shares dropped 17% after the worldwide manufacturing firm’s second-quarter income got here out decrease than analysts’ expectations. Jabil additionally lowered its steerage for fiscal 2024. PagerDuty — Shares dropped 8.9% after the IT firm issued a weaker-than-expected forecast, anticipating adjusted earnings per share of 12 cents to 13 cents. That is under the LSEG, previously Refinitiv, consensus estimate of 18 cents per share. Income steerage got here out within the vary between $110.5 million and $112.5 million, additionally under the $113.4 million expectation from analysts. Smartsheet — The enterprise software program supplier retreated by 3.2% after posting income steerage that was worse than analysts anticipated. Smartsheet penciled in between $257 million and $259 million within the present quarter and a variety of $1.113 billion and $1.118 billion for the complete yr. In the meantime, analysts polled by FactSet forecasted $262.3 million for the quarter and $1.14 billion for the yr. Ulta Magnificence — Shares edged decrease by 5.3% after the wonder merchandise retailer posted disappointing full-year earnings steerage that got here. Ulta reported a fourth-quarter earnings and income beat, nevertheless. Crypto shares — Shares tied to cryptocurrencies wavered after bitcoin retreated from its latest highs in in a single day buying and selling. Coinbase and Marathon Digital gained 1.3% and a couple of.9%, respectively, reversing the shares earlier declines. Bitcoin purchaser MicroStrategy , in the meantime, misplaced 2.2%. Zumiez — The inventory misplaced 10.3% after the specialty retailer on Thursday guided for a first-quarter lack of between $1.09 and $1.19 per share, versus the consensus estimate of a 34 cents per share loss, in response to FactSet. The corporate’s income steerage additionally disillusioned expectations. Cardlytics — The promoting firm’s inventory value jumped greater than 50% after Cardlytics’ EBITDA for 2023 turned constructive for the primary time since 2019. The corporate additionally gave a higher-than-expected forecast for the primary quarter. Metal Dynamics — Shares of the Indiana-based steelmaker rose greater than 2% after robust earnings steerage for the primary quarter. Metal Dynamics stated it anticipated to earn between $3.51 and $3.55 per share for the present quarter. That’s above the $3.32 per share penciled in by Wall Road analysts, in response to StreetAccount. — CNBC’s Alex Harring, Jesse Pound, Lisa Kailai Han and Michelle Fox Theobald contributed reporting.