Stocks to Watch Thursday: Cisco, McDonald's, AppLovin -- WSJ

Dow Jones
4 hours ago

By WSJ staff

Cisco $(CSCO)$: The networking-equipment company logged higher revenue due to increasing AI hyperscaler demand. Shares fell about 7.5% in premarket trading, however, after a strong run for the stock so far in 2026.

McDonald's $(MCD)$: The world's largest burger chain reported stronger-than-expected growth in same-store sales and said its value campaign is paying off.

AppLovin (APP): Quarterly results from the mobile-advertising specialist topped expectations. Still, shares fell roughly 5.5% premarket as investors remain jittery about AI's potential impact on the business.

Pilgrim's Pride $(PPC)$: The chicken and pork producer posted disappointing quarterly results. Shares dropped 4% in offhours trading.

CoreCivic $(CXW)$: The prison operator signed more contracts with Immigration and Customs Enforcement and posted better-than-forecast quarterly results. The company expects increased government demand to continue this year. Shares gained around 5.5% offhours.

Novocure $(NVCR)$: The drug maker said the Food and Drug Administration approved its Optune Pax treatment for pancreatic cancers. Shares soared roughly one-third premarket. The stock has fallen more than 50% over the past 12 months.

This item is part of a Wall Street Journal live coverage event. The full stream can be found by searching P/WSJL (WSJ Live Coverage).

(END) Dow Jones Newswires

February 12, 2026 05:18 ET (10:18 GMT)

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