FedEx and Constellation Lead Morning Market Cap Stock Movers on Friday
As Friday’s trading session progresses, notable movements have been observed among mega-cap and large-cap stocks, with some companies facing significant declines while others achieve strong gains. Market participants are reacting to a combination of earnings risks, strategic partnerships, and changes in executive leadership. Below is an overview of some key stock movers within the higher market capitalization tiers.
Mega-Cap Movers (Market Cap: $200 billion or higher)
- None listed today.
Large-Cap Stock Movers (Market Cap: $10-$200 billion)
- FedEx Corp has seen a decline of 14.87% following disappointing results and lowered guidance.
- Constellation Energy Group and Microsoft announced a 20-year clean energy deal, reopening Three Mile Island, resulting in a gain of 13.57%.
- Vistra Energy Corp increased by 7.62%.
- Elliott Hill has been appointed as the next CEO of Nike, leading to a rise of 5.61%.
- Lennar has reported a 5% increase in new home orders, but still sees a decline of 4.93% due to overall market reactions.
- Old Dominion Freight Line Inc experienced a decrease of 4.47%.
- Chewy Inc announced the pricing of an offering of Class A Common Stock by a selling stockholder, leading to a drop of 5.13%.
Mid-Cap Stock Movers (Market Cap: $2-$10 billion)
- Apellis Pharma received a negative opinion from the CHMP regarding Pegcetacoplan for Geographic Atrophy in the EU, resulting in a decrease of 8.79%.
- Trump Media experienced a decline of 6.3% as a lock-up period expired.
- PBF Energy Inc fell 5.84% following a downgrade at Piper Sandler.
- Mobileye Global recorded a decrease of 6.87%.
- Frontline Ltd Ordinary Shares dropped 6.51% due to a downgrade at SEB.
Small-Cap Stock Movers (Market Cap: $300 million – $2 billion)
- Corbus Pharmaceuticals Holdings plummeted by 55.81% following negative obesity data from Nov Nordisk.
- Sable Offshore secured $150 million in a private placement, prompting a decline of 16.33%.
- MillerKnoll shares fell 15.44% on weak Q1 results and soft guidance.
- Nano Nuclear Energy gained 22.27% as nuclear stocks rise with news of the Three Mile Island reopening.
- Oklo also experienced a gain of 18.0% in response to rising nuclear stock sentiment.
- Arisz Acquisition saw a drop of 9.44%.
- NuScale Power increased by 14.25% as nuclear stocks gained momentum.
- GrafTech International rose by 13.05%.
- Olaplex Holdings decreased by 8.91%.
- Wolfspeed‘s shares fell 8.17%.
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This article has been generated with the support of AI and reviewed by an editor.