Ford, Teva, Manhattan Associates surge while Parsons plunges in Wednesday trading

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Summary · why it matters

Ford Motor, Teva Pharmaceutical, and Manhattan Associates were among the biggest stock gainers Wednesday, while Parsons led the losers after slashing its guidance. Ford shares rose 8% after the automaker beat Q2 revenue and adjusted EPS estimates and raised its full-year outlook, despite a net loss from one-time charges. Manhattan Associates jumped 25% on better-than-expected Q2 results and strong guidance, and Teva Pharmaceutical gained 10% after raising its 2026 innovative drug portfolio outlook. On the downside, Parsons tumbled 38% after cutting its FY2026 revenue and profit guidance, O-I Glass fell 19% on a Q2 earnings miss and lowered outlook, and Avis Budget Group slid 12% following a revenue and earnings miss.

Impact on assets 10

Semiconductors▲
Industrials▼
Avis Budget Group Inc
CAR
▼ NegativeCapitalrelevance

Avis Budget Group missed Q2 revenue and earnings estimates, causing a 12% slide.

Electrification & Mobility▲
Ford Motor Company
F
▲ PositiveCapitalrelevance

Beat Q2 revenue and adjusted EPS estimates and raised full-year outlook.

Cloud & Digital Infrastructure▲
Materials▼
O-I Glass Inc
OI
▼ NegativeCapitalrelevance

Q2 earnings miss and lowered outlook.

Defense & Geopolitical Fragmentation▼
Parsons Corp
PSN
▼ NegativeCapitalrelevance

Cut FY2026 revenue and profit guidance.

Health Care▲
Spatial Computing / AR/VR▲
Artificial Intelligence▲