Tesla and JP Morgan Top Friday’s Morning Market Cap Stock Movers

Friday’s stock market is experiencing significant fluctuations across different market capitalization segments. With Tesla Motors and JP Morgan dominating the news cycle, investors are observing a mix of declines and gains among mega-cap and large-cap stocks. Here’s a recap of the most notable intra-day stock movements.

Mega-Cap Movers ($200 billion or higher):

• Tesla Motors: -7.58%; shares dropped following a disappointing Robotaxi event.
• Bank of America: +4.78%; stock rose after positive earnings reports from other banks.
• JP Morgan Chase: +4.4%; reported third-quarter financial results that exceeded expectations.
• Avago Technologies: -2.79%; experienced a decline during trading.

Large-Cap Stock Movers ($10-$200 billion):

• Uber Technologies Inc: +8.79%; saw an increase following Tesla’s disappointing event.
• MicroStrategy Inc: +7.39%; benefitted from a rise in Bitcoin prices.
• A.O. Smith Corp: -5.78%; revised its 2024 earnings forecast downward amid sales declines.
• Wells Fargo: +6.46%; reported solid third-quarter financial results.
• Astera Labs: +4.64%; continued to gain ground.
• Fastenal Co: +6.77%; shares increased after reporting Q3 earnings that surpassed estimates.
• Affirm Holdings: +4.86%; also saw positive movement.
• Coherent: +4.32%; appointed a new CFO, contributing to stock growth.
• W.W. Grainger Inc: +4.79%; registered solid performance in the market.
• Domino’s Pizza Inc: +4.28%; enjoyed an uptick in share price.

Mid-Cap Stock Movers ($2-$10 billion):

• TSLL: -15.44%; significant drop in share value.
• SVF Investment 3: +9.25%; experienced gains.
• Lyft: +10.15%; gained following Tesla’s event.
• Sweetgreen: +8.43%; positive movement noted.
• HCM Acquisition: +7.31%; also seeing gains.
• Core Scientific Inc: +3.01%; minor increase.
• Talen Energy Corp: -3.45%; revised 2024 earnings forecast downward.
• Polestar Automotive Holding Plc: -4.54%; announced a strategic review amid a decrease in quarterly EV deliveries.
• GXO Logistics: +7.03%; stock rose following takeover speculation.

Small-Cap Stock Movers ($300 million – $2 billion):

• TSLT: -15.26%; faced significant declines.
• IsoRay: -15.28%; stock dropped following a presentation announcement.
• Capricor Therapeutics: +6.13%; reported positive results for a DMD treatment.
• Torrid Holdings: +13.3%; experienced noteworthy gains.
• Mandalay Digital Group Inc: +14.65%; saw impressive movement upward.
• Panacea Acquisition: +8.68%; also rising.
• Pacific Biosciences: +14.19%; set to report third-quarter financial results on November 7.
• Wolfspeed: +12.95%; bullish sentiment from analysts boosted shares.
• Learn CW Investment: +7.6%; minor increase noted.
• Ikonics Corp: +6.81%; enjoyed slight growth.

Stay tuned for real-time updates on market-moving news.

This article was generated with AI assistance and reviewed by an editor.