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Tesla and JP Morgan Lead Friday Afternoon Market Cap Stock Movers
Market Highlights: Stock Movements on Friday
On Friday, the market has exhibited significant activity, particularly among mega-cap and large-cap stocks. Notable players like Tesla Motors and JP Morgan have experienced marked intra-day stock fluctuations. Here’s a summary of the most impactful stock movers across various market capitalizations.
Mega-Cap Movers (Market Cap $200B+):
- Tesla Motors: -8.18%; disappointed with the Robotaxi event.
- Avago Technologies: -2.46%.
- JP Morgan Chase: +5.21%; reported strong third-quarter financial results.
- Bank of America: +5.17%; gained on robust results from competitors.
- Advanced Micro Devices: +2.36%.
Large-Cap Stock Movers (Market Cap $10B-$200B):
- MicroStrategy Inc: +14.56%; benefited from Bitcoin’s strength.
- Affirm Holdings: +12.48%; received an upgrade to Overweight at Wells Fargo.
- Uber Technologies Inc: +9.84%; gained traction after Tesla’s Robotaxi event.
- Fastenal Co: +9.76%; shares increased over 2% as Q3 earnings exceeded expectations.
- Coinbase Global: +8.07%; also saw gains from Bitcoin’s performance.
- Summit Therapeutics PLC: +6.45%.
- Wells Fargo: +6.25%; reported solid third-quarter financial results.
- A.O. Smith Corp: -6.28%; revised its 2024 earnings forecast.
- Domino’s Pizza Inc: +5.47%.
- W.W. Grainger Inc: +5.62%.
Mid-Cap Stock Movers (Market Cap $2B-$10B):
- TSLL: -16.61%.
- Core Scientific Inc: +8.24%.
- Lyft: +8.98%; gained following Tesla’s Robotaxi event.
- CleanSpark: +11.35%.
- NantKwest: +10.22%.
- SVF Investment 3: +7.49%.
- dMY Technology Group III: +8.72%.
- HCM Acquisition: +7.31%.
- Paymentus Holdings Inc: +7.09%.
- Rodgers Silicon Valley Acquisition: +9.36%.
Small-Cap Stock Movers (Market Cap $300M-$2B):
- Pacific Biosciences: +28.39%; set to report third-quarter 2024 results on November 7, 2024.
- Cree Inc.: +24.05%.
- Aehr Test Systems: +19.93%; noted a dip in Q1 revenue.
- Mandalay Digital Group Inc: +18.28%.
- CONL: +15.74%.
- Torrid Holdings: +14.58%.
- Longboard Pharmaceuticals: +12.37%.
- Panacea Acquisition: +12.94%.
- Pliant Therapeutics Inc: +12.2%.
- TSLT: -16.22%.
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This article was created with AI assistance and reviewed by an editor.