Adobe, Ciena lead Thursday's market cap stock movers

Thursday's market has seen notable fluctuations with mega-cap and large-cap stocks showing significant movement. Adobe Sys Inc (NASDAQ:ADBE ) faced a downgrade, while Ciena (NYSE:CIEN ) soared following board news. Here are some of the key stock movers in today's trading session.

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

Adobe Sys Inc (ADBE); downgraded to Hold by TD Cowen on growth deceleration trends: -13.47%Avago Technologies (NASDAQ:AVGO ): -1.71%United Health Group (NYSE:UNH ): -2.62%



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

Ciena (CIEN); Ciena Announces Lawton W. Fitt as Independent (LON:IOG ) Chair of Board of Directors: +16.6%Discovery Holding Co (NASDAQ:WBD ); Warner Bros. Discovery unveils new divisional structure: +14.74%Nordson Corp (NASDAQ:NDSN ); shares tumble 7% on weak Q1 outlook despite Q4 beat: -9.48%Nutanix Inc (NASDAQ:NTNX ); UBS initiates Nutanix coverage with buy, $81 price target: +7.87%Fortress Transport Infrast (NASDAQ:FTAI ): -6.67%Mobileye Global (NASDAQ:MBLY ): +5.25%Western Digital (NASDAQ:WDC ): -5.82%Robinhood Markets (NASDAQ:HOOD ); Reports November 2024 Operating Data: +5.37%Amer Sports A (AS): +5.71%Nucor (NYSE:NUE ): -4.89%



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

Keros Therapeutics Inc (KROS); downgraded to neutral by BTIG on clinical trial: -73.47%MSTU (MSTU): -6.44%Hut 8 Mining PK (HUT): +11.54%Blue Safari Group Acquisition Corp (BTDR): +12.12%Venaxis (RIOT); Starboard Takes Significant Stake in Bitcoin-Miner Riot Platforms (NASDAQ:RIOT ): +10.37%BITX (BITX): -1.41%Ikonics Corp (WULF): +8.18%UFP Technologies (UFPT): -8.06%Wave Life Sciences Ltd (NASDAQ:WVE ): -9.38%Nuvalent (NUVL): -8.4%



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

Liquidity Service (NASDAQ:LQDT ); Todd County to Hold First-Ever Online Tax Sale via Bid4Assets.com: +33.86%Himax Tech (NASDAQ:HIMX ): +30.02%The Lovesac Company (NASDAQ:LOVE ); stock plunges on weak Q4 guidance: -28.37%Stitch Fix (NASDAQ:SFIX ): -27.03%Jupiter Neurosciences (JUNS): +25.7%Selecta Biosciences Inc (NASDAQ:RNAC ): -22.66%3D Systems Corporation (NYSE:DDD ); Announces Sale of Geomagic ® Software (ETR:SOWGn ) Portfolio: +19.44%Olema Pharmaceuticals Inc (OLMA): -19.26%Absci (ABSI); Highlights Progress and Updates Across Proprietary Pipeline and Leading AI Platform at 2024 R&D Day: -18.39%



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Source: Investing.com