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Tyson Foods sales beat; Alcoa spikes on activist stake; GameStop tanks on Q3 miss

Time for your daily dose of trending tickers, the stocks you're following based on your Yahoo Finance ticker searches.

GameStop

GameStop (GME) took a hit after missing third quarter estimates. Shares fell sharply lower after the company reported earnings before the bell that were a nickel shy of the Street's expectations at $0.54 a share compared to estimates of $0.59 a share. GameStop blamed lower-than-expected new software and hardware sales for the poor results. The video game retailer's CEO did reiterate its full year guidance with expectations of 2 to 6 percent same-store sales growth.

Tyson Foods 

Despite missing earnings estimates, Tyson Foods (TSN) gained in the session. Investors rewarded Tyson for posting a 4 percent rise in quarterly sales, although earnings missed estimates by 5 cents at $0.83 a share. The country's biggest meat processor was helped by higher demand for chicken and its acquisition of Hillshire Brands boosted sales of prepared foods.

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Alcoa

Alcoa (AA) spiked on reports of a activist investor taking a stake in the company. According a securities filing, hedge fund Elliott Management bought a 6.4 percent stake in Alcoa. The largest U.S. aluminum producer plans to separate its metal-making business from manufacturing. Elliott supports the split and is also pushing for Alcoa to sell its power generation unit.