Newsletter Thursday, October 17

Thursday’s trading session is showcasing significant movements across various stocks, particularly within the mega-cap and large-cap categories. Investors are reacting to a mix of earnings reports, corporate announcements, and broader market trends. Among the notable movers are tech giants Avago Technologies (AVGO) and Nvidia Corp (NASDAQ:), both experiencing impressive gains, while healthcare stocks like Molina Healthcare Inc (NYSE:) and Wellpoint Inc (ELV) are facing sharp declines.

Mega-Cap Movers:

  • Avago Technologies (AVGO); AI stocks gain after TSMC’s results; +4.18%
  • Nvidia Corp (NVDA); up on strong results from TSMC; +2.76%
  • Alibaba-exch (BABA); -1.93%

Large-Cap Stock Movers:

  • Molina Healthcare Inc (MOH); falls on weak results from rival Elevance Health; -11.89%
  • Elevance Health (ELV); Elevance Health stock tumbles 12% on Q3 earnings miss; -12.11%
  • Ke Holdings Inc (BEKE); -11.06%
  • Centene (NYSE:); falls on weak results from rival Elevance Health; -9.26%
  • Snapon Inc (SNA); Snap-on (NYSE:) shares gain after posting mixed Q3 results; +8.55%
  • The Travelers Co (NYSE:); Travelers stock surges as Q3 earnings smash estimates; +7.99%
  • The Blackstone Group (NYSE:); Blackstone beats estimates, shares move higher; +6.95%
  • Rexford Inl Rty (REXR); Rexford Industrial Announces Third Quarter 2024 Financial Results; -7.61%
  • Affirm Holdings (NASDAQ:); Apple (NASDAQ:) allows access to rival Klarna; -6.5%
  • Futu Holdings (NASDAQ:); -6.6%

Mid-Cap Stock Movers:

  • Churchill Capital IV (LCID); Lucid Group (NASDAQ:) sets price for 262.4 million share offering; -16.77%
  • Amicus Therapeutics (NASDAQ:); gains on Teva patent settlement; +14.95%
  • Iridium Communications (NASDAQ:); Iridium Announces Record Third-Quarter 2024 Results; Improves 2024 OEBITDA Outlook; +12.98%
  • WNS (Holdings) Ltd (NYSE:); WNS Holdings stock drops as FY guidance disappoints despite strong Q2; -10.52%
  • Manpower Inc (MAN); ManpowerGroup (NYSE:) shares fall as Q3 revenue declines; -10.51%
  • Webster Financial Corp (NYSE:); Marathon Asset Management and Webster Bank Provide Senior Secured Financing for the Acquisition of PK Companies; +10.7%
  • Badger Meter Inc (NYSE:); Badger Meter shares slide as Q3 results disappoint; -8.89%
  • Liberty Oilfield Services Inc (NYSE:); Liberty Energy Q3 earnings miss estimates, shares rise on outlook; -7.73%
  • Miniso Group Holding Ltd (MNSO); -8.27%
  • Beam Inc. (BEAM); -8.34%

Small-Cap Stock Movers:

  • Proficient Auto Logistics (PAL); Proficient Auto Logistics reports dip in Q3 revenue; -27.98%
  • Gevo (NASDAQ:); Gevo secures $1.46 billion DOE loan guarantee for SAF project; +16.82%
  • IGM Biosciences Inc (NASDAQ:); +15.01%
  • Cerus Corp (NASDAQ:); Cerus secures $248 million BARDA contract for RBC system; -9.72%
  • Lilium (LILM); The Federal Government of Germany has failed to advance a €50M state-loan that Lilium; -16.23%
  • Lightwave Logic Inc (LWLG); +15.09%
  • XCHG Ltd ADR (XCH); +13.1%
  • HPX (AMBI); +17.07%
  • iShares Industrials Sector Bond (ENGN); +12.24%
  • GRAVITY Co. (GRVY); +12.52%

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This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.



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