Tesla and Rivian Drive Friday’s Morning Market Cap Stock Movements

Market Update: Notable Stock Movements on Friday

Friday’s trading session witnessed notable fluctuations in the stock market, with a particular focus on Tesla Motors and Rivian Automotive, which have drawn significant investor interest in the mega-cap and large-cap categories, respectively. As market dynamics continue to shift based on corporate news and trends, here’s a summary of the major stock movers across various market capitalization segments.

Mega-Cap Movers:

• Tesla Motors: Gained 2.73% ahead of next week’s highly anticipated Robotaxi event.
• Home Depot: Fell 2.4%.

Large-Cap Stock Movers:

• Rivian Automotive: Dropped 7.09% following the release of their Q3 production and delivery figures, along with an update on their annual production outlook for 2024.
• Ctrip.com International: Rose by 6.24%.
• Albemarle: Increased by 5.22%.
• United Continental: Gained 5.09%.
• BeiGene: Advanced by 4.67%.
• JD.com: Gained 5.15%.
• Coherent: Increased by 3.56%.
• Tradeweb Markets: Up by 3.95%, reporting record trading volumes in September.
• Floor & Decor Holdings: Decreased by 4.13%.

Mid-Cap Stock Movers:

• Jet Blue: Jumped 13.95% as speculation surrounds Spirit Airlines’ potential bankruptcy.
• ZIM Integrated Shipping Services: Fell 12.51%.
• Coeur d’Alene Mines Corp: Decreased by 10.31% after announcing a $1.7 billion acquisition of SilverCrest.
• Barnes Group Inc: Increased by 9.74% amid reports of acquisition discussions with Apollo.
• Arcadium Lithium: Rose by 9.63%.
• Miniso Group Holding: Increased by 7.81%.
• Abercrombie & Fitch A: Up by 6.58% as JP Morgan adds the stock to its Positive Catalysts watch list.
• American Airlines Group: Gained 6.24% following news regarding Spirit Airlines’ potential bankruptcy.
• Verona Pharma: Increased by 5.4%.
• Rocket Companies Inc: Dropped by 5.98%.

Small-Cap Stock Movers:

• Apogee Enterprises: Surged 23.22% following strong Q2 earnings and a raised outlook.
• Frontier Group Holdings: Jumped 20.24%, also buoyed by Spirit Airlines news.
• ACM Research Inc: Rose by 10.85%.
• Capricor Therapeutics: Gained 15.76% as they prepare to present long-term data at the 2024 World Muscle Society Congress.
• AMTD Digital: Fell by 17.82%.
• LexinFintech: Increased by 10.15%.
• Euroseas Ltd: Decreased by 8.78%.
• JinkoSolar Holding Co.: Gained 8.31%.
• UP Fintech Holding: Increased by 6.75%.
• Loandepot Inc: Dropped by 9.4%.

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

This article was generated with the support of AI and reviewed by an editor.