Summit Therapeutics and Intel Lead Monday Afternoon’s Market Cap Stock Movements

Monday’s market has experienced significant activity, particularly among mega-cap and large-cap stocks. Investors are observing noteworthy movements, with Summit Therapeutics PLC experiencing a sharp decline, while Intel Corp sees upward momentum due to acquisition speculation. Here’s an overview of the most significant stock movers at the week’s outset.

Mega-Cap Movers (Market Cap $200B+)

• There were no reported mega-cap companies with notable stock movements today.

Large-Cap Stock Movers (Market Cap $10B-$200B)

• Summit Therapeutics PLC: -10.91%
• Ke Holdings Inc: +7.2%
• Sea Limited: Price target increased by BofA; +5.51%
• Tencent Music Entertainment Group: +4.72%
• Albemarle: +3.78%
• New Oriental Education & Tech: -4.02%
• JD.Com Inc ADR: +4.15%
• Qualcomm’s rumored acquisition of Intel described as "almost too silly to comment on" by Citi; Intel Corp: +4.28%
• Vistra Energy Corp: Price target raised at Morgan Stanley; +3.81%
• Regeneron Pharmaceuticals: -3.43%

Mid-Cap Stock Movers (Market Cap $2B-$10B)

• Miniso Group Holding Ltd: -17.35%; MINISO to become the largest shareholder of Yonghui Superstores
• Biohaven Pharmaceutical Holding Co: +15.55%
• AeroVironment: +11.4% as Troriluzole shows promise in slowing progression of SCA
• ZIM Integrated Shipping Services: +10.32%
• Geron Corp: -8.81%
• TSLL: +8.86%
• Edgewise Therapeutics: -7.18%
• DigitalOcean Holdings: -6.87%

Small-Cap Stock Movers (Market Cap $300M-$2B)

• Jin Medical International: -27.45%
• NANO Nuclear Energy: +11.06%, targeting space with a new subsidiary
• Arisz Acquisition: +15.11%
• Intchains ADR: +13.23%
• Armada Acquisition I: -13.21%
• XCHG Ltd ADR: -12.27%
• American Superconductor: +12.48%
• Emerald Expositions Events Inc: +10.34%
• COVA Acquisition: -11.19%

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