Tesla and Nvidia Drive Afternoon Market Cap Changes on Thursday
Thursday’s market is witnessing significant fluctuations across a range of stocks, with notable activity in both mega-cap and large-cap categories. Companies such as Tesla Motors and Nvidia Corp are experiencing considerable movements, while other players like Vistra Energy Corp and Futu Holdings are also showing significant volatility. Here’s a summary of some of the most impactful stock movers of the day, from the largest companies to smaller ones.
Mega-Cap Movers (Market Cap $200B+):
- Nvidia Corp: Up 3.45% with an impressive year-to-date return of 140.05%. The CEO mentioned that Blackwell demand is "insane."
- Tesla Motors: Down 4.09% as reports indicate plans for four new batteries by 2026, including those for robotaxis.
Large-Cap Stock Movers (Market Cap $10B-$200B):
- Vistra Energy Corp: Up 6.41%, boasting a staggering year-to-date return of 228.22%.
- Futu Holdings: Up 8.71%, with a significant year-to-date return of 106.57%.
- Valero Energy: Up 5.47%, maintaining a steady year-to-date return of 6.6%.
- Pilgrim’s Pride Corp: Down 8.21%, despite a strong year-to-date return of 73.03%.
- Bilibili Inc: Down 7.84%, yet still posting a remarkable year-to-date return of 143.71%.
- Xpeng Inc: Down 6.67%, experiencing a year-to-date decline of 8.57%.
- Mobileye Global: Down 5.57%, facing a challenging year-to-date return of -69.34%.
- NIO Inc: Down 5.89%, with a year-to-date decline of 20.51%.
- Summit Therapeutics PLC: Down 5.22%, although it has an impressive year-to-date return of 648.66%.
- Baidu: Down 4.51%, with a slight year-to-date decline of 3.33%.
Mid-Cap Stock Movers (Market Cap $2B-$10B):
- Oaktree Acquisition Corp: Down 11.37%, despite a strong year-to-date return of 112.92%, as the shortage of Lilly’s weight-loss drug ends.
- Albany International Corp: Down 10.6%, after updating expectations for its aerospace business and providing its 2024 outlook.
- GDS Holdings: Down 8.09%, still showcasing a robust year-to-date return of 152.08%.
- HCM Acquisition: Up 8.37%, but with a year-to-date decline of 26.92%.
- Levi Strauss & Co: Down 7.1%, following the release of its third-quarter financial results.
- Joby Aviation: Down 8.55%, with a year-to-date decline of 7.67%.
- TSLL: Down 8.15%, marking a year-to-date decline of 10.55%.
- RLX Technology DRC: Up 7.26%, although facing a year-to-date decline of 10.5%.
- Verona Pharma ADR: Up 5.87%, maintaining a year-to-date return of 44.42%.
- MarketAxess Holdings: Up 6.56%, following the announcement of trading volume statistics for September and the third quarter.
Small-Cap Stock Movers (Market Cap $300M-$2B):
- Climate Change Crisis I: Up 56.81%, following the news of securing a $1.05 billion loan guarantee.
- AMTD Digital ADR: Up 28.39%, despite a year-to-date decline of 6.24%.
- UP Fintech Holding: Up 15.63%, boasting a strong year-to-date return of 82.35%.
- Selecta Biosciences Inc: Up 12.78%, although it has a year-to-date decline of 13.02%.
- Global Partner Acquisition II: Up 12.27%, facing a year-to-date decline of 35.32%.
- AngioDynamics: Down 17.58%, announcing its fiscal year 2025 first-quarter financial results.
- Youdao Inc: Down 15.29%, with a year-to-date return of 51.02%.
- Ingevity Corp: Down 12.59%, announcing a leadership change and the appointment of an interim CEO.
- Primega Holdings: Down 14.71%, yet enjoying a soaring year-to-date return of 218.96%.
- agilon health: Down 11.76%, facing a year-to-date decline of 71.47%.
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