AbbVie, Nvidia, and Exelixis Lead Market Cap Stock Movers on Wednesday
Wednesday’s market has seen notable movements in various stocks, with some companies experiencing significant gains while others face declines. Mega-cap stocks like Nvidia Corp (NASDAQ: NVDA ) and Tesla Motors (NASDAQ: TSLA ) are showing resilience with upward trends, whereas AbbVie Inc (NYSE: ABBV ) and Eli Lilly And Co (NYSE: LLY ) are on the downward side. In the large-cap category, Exelixis Inc (NASDAQ: EXEL ) has made a remarkable leap, and Super Micro Compu (NASDAQ: SMCI ) has also seen impressive gains. Here’s a breakdown of some of the biggest stock movers across different market cap ranges.
Mega-Cap Movers (Market Cap:$200B+):
- Nvidia Corp (NVDA): +3.88%; a notable rise in today’s trading session.
- Tesla Motors (TSLA): +4.16%; continues to accelerate.
- Google Inc (NASDAQ: GOOGL ): +3.53%; gaining momentum.
- AbbVie Inc (ABBV): -4.79%; teams up with ADARx for siRNA therapies.
- Eli Lilly And Co (LLY): -3.96%; experiencing a slight downturn.
Large-Cap Stock Movers (Market Cap:$10B-$200B):
- Exelixis Inc (EXEL): +20.12%; stock jumps on strong Q1 results, raised guidance.
- Super Micro Compu (SMCI): +17.74%; Supermicro’s DLC-2 aims to save on electricity cost by up to 40%.
- Tencent Music Entertainment Group (NYSE: TME ): +14.3%; significant uptick in trading.
- Reddit (RDDT): +9.46%; a substantial increase amid market activities.
- Vector Acquisition (NASDAQ: RKLB ): +9.12%; Rocket Lab demonstrates rapid re-entry capability with third Pioneer spacecraft.
- Venture Global Inc (VG): -7.7%; a noticeable decline in today’s session.
- Reinvent Technology Partners Y (AUR): -6.35%; Uber (NYSE: UBER ) offers conversion premium on 2028 notes.
- Summit Therapeutics PLC (NASDAQ: SMMT ): -6.52%; trading lower today.
- Klaviyo (NYSE: KVYO ): -6.27%; CEO and Co-Founder announces pre-arranged stock sale plan.
- Affirm Holdings (NASDAQ: AFRM ): +5.77%; partners with Mattress Firm for flexible payments.
Mid-Cap Stock Movers (Market Cap:$2B-$10B):
- eToro Group Ltd (ETOR): +28.56%; announces pricing of upsized initial public offering.
- Regencell Bioscience Holdings (RGC): +17.65%; a significant surge in today’s trading.
- AltC Acquisition (OKLO): +15.96%; Oklo names energy veteran Pat Schweiger as new CTO.
- Everus Construction (ECG): +16.47%; reports first-quarter results, affirms guidance for 2025.
- GlobalE Online (NASDAQ: GLBE ): -17.5%; shares fall as Q1 expectations are not met.
- Rigetti Computing Inc (NASDAQ: RGTI ): +16.37%; shows a strong performance today.
- TWC Tech Holdings II ORD (CLBT): -12.23%; Cellebrite announces first-quarter results.
- Metsera (MTSR): -7.97%; trading lower amid market fluctuations.
- Legend Biotech Corp (LEGN): -8.77%; today’s trading sees a decline.
- Pvh (NYSE: PVH ): +7.7%; stocks rise significantly in today’s market.
Small-Cap Stock Movers (Market Cap:$300M-$2B):
- Ruanyun Edai Tech Inc (RYET): -70.27%; experiences a drastic drop in stock price.
- SMCX NASDAQ (SMCX): +35.32%; stock prices soar in today’s trading.
- WeTrade (NXTT): -33.13%; facing a significant decrease.
- Endava (NYSE: DAVA ): -31.39%; Endava and AlixPartners form strategic partnership.
- Neuropace (NPCE): +23.05%; NeuroPace reports positive first-quarter financial results.
- Grail (GRAL): -20.75%; shares tumble as Q1 loss persists despite revenue growth.
- Waldencast Acquisition (WALD): -21.45%; reports Q1 financial results.
- Kornit Digital Ltd (NASDAQ: KRNT ): +21.24%; shares rise after Q1 results.
- Thunder Bridge Capital Partners IV (CNCK): -17.6%; shows a decline in today’s market.
- Tortoise Acquisition Corp (NYSE: HYLN ): -18.06%; Hyliion Holdings reports first-quarter financial results.
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