Alibaba and Nvidia Highlight Friday’s Afternoon Market Cap Stock Movers

Friday Stock Market Update: Notable Movements in Mega-Cap and Large-Cap Sectors

The trading session on Friday showcased significant activity among mega-cap and large-cap stocks, with notable ascents and declines influenced by various factors, including company news and prevailing market sentiments. Some stocks, such as Alibaba and Tesla Motors, saw gains, while others like Eli Lilly and Nvidia faced losses. Here’s a summary of the most impactful stock movements of the day, covering mega-caps to small caps.

Mega-Cap Movers:

• Alibaba: Continues to rise on China stimulus news; +3.12%
• Tesla Motors: Gains ahead of Q3 deliveries; +2.29%
• AbbVie Inc: Seeking FDA approval for lung cancer drug Teliso-V; +1.89%
• Eli Lilly: Experienced a decline of -2.83%
• Nvidia: Down by -2.61%
• Avago Technologies: Decrease of -2.52%

Large-Cap Stock Movers:

• NIO Inc: Up significantly by +13.93%
• Xpeng Inc: Increased by +8.44%
• Ctrip.com International: Gained +8.05%
• MicroStrategy Inc: Gained on bullish Bitcoin news; +7.01%
• Wynn Resorts: Stock upgraded based on growth prospects in UAE; +6.7%
• Coinbase Global: Benefiting from Bitcoin gains; +6.4%
• Las Vegas Sands: Rising on China stimulus positivity; +6.16%
• Robinhood Markets: Up on Bitcoin strength; +5.89%
• US Foods Holding Corp: Announced $500 million notes offering; down -5.13%
• Summit Therapeutics: Downgraded amid uncertainty; down -8.81%

Mid-Cap Stock Movers:

• Lufax Holding: Gained an impressive +19.71%
• Zeekr Intelligent Technology: Increased by +14.84%
• Vector Acquisition: Risen by +12.42%
• EchoStar Corp: Up by +11.28%
• HCM Acquisition: Increased by +10.85%
• Miniso Group Holding: Risen by +11.6%
• TransMedics Group: Joining S&P MidCap 400; gained +10.05%
• Weibo Corp: Increased by +8.57%
• Walgreen Boots Alliance: Up by +6.92%
• Acadia Healthcare: Down -15.29% following news of cooperation with a government probe.

Small-Cap Stock Movers:

• Uxin: Experienced a massive gain of +75.57%
• dMY Technology Group III: IonQ announced a major contract with the U.S. Air Force; +18.18%
• Carbylan Therapeutics: Up by +19.4%
• Serve Robotics: Increased by +17.82%
• LexinFintech: Risen by +16.83%
• Gevo: Up by +14.49%
• Establishment Labs Holdings: FDA approved new Motiva breast implants; +11.62%
• ZKH ADR: Increased by +11.29%
• Intchains ADR: Significant decline of -42.81%

Stay tuned for more updates and insights on market movements.