Thursday's trading session is showcasing significant movements across various stocks, particularly within the mega-cap and large-cap categories. Investors are reacting to a mix of earnings reports, corporate announcements, and broader market trends. Among the notable movers are tech giants Avago Technologies (AVGO) and Nvidia Corp (NASDAQ:NVDA ), both experiencing impressive gains, while healthcare stocks like Molina Healthcare Inc (NYSE:MOH ) and Wellpoint Inc (ELV) are facing sharp declines.
Mega-Cap Movers:Avago Technologies (AVGO); AI stocks gain after TSMC's results; +4.18%Nvidia Corp (NVDA); up on strong results from TSMC; +2.76%Alibaba-exch (BABA); -1.93%
Large-Cap Stock Movers:Molina Healthcare Inc (MOH); falls on weak results from rival Elevance Health; -11.89%Elevance Health (ELV); Elevance Health stock tumbles 12% on Q3 earnings miss; -12.11%Ke Holdings Inc (BEKE); -11.06%Centene (NYSE:CNC ); falls on weak results from rival Elevance Health ; -9.26%Snapon Inc (SNA); Snap-on (NYSE:SNA ) shares gain after posting mixed Q3 results; +8.55%The Travelers Co (NYSE:TRV ); Travelers stock surges as Q3 earnings smash estimates; +7.99%The Blackstone Group (NYSE:BX ); Blackstone beats estimates, shares move higher; +6.95%Rexford Inl Rty (REXR); Rexford Industrial Announces Third Quarter 2024 Financial Results; -7.61%Affirm Holdings (NASDAQ:AFRM ); Apple (NASDAQ:AAPL ) allows access to rival Klarna; -6.5%Futu Holdings (NASDAQ:FUTU ); -6.6%
Mid-Cap Stock Movers:Churchill Capital IV (LCID); Lucid Group (NASDAQ:LCID ) sets price for 262.4 million share offering; -16.77%Amicus Therapeutics (NASDAQ:FOLD ); gains on Teva patent settlement; +14.95%Iridium Communications (NASDAQ:IRDM ); Iridium Announces Record Third-Quarter 2024 Results; Improves 2024 OEBITDA Outlook; +12.98%WNS (Holdings) Ltd (NYSE:WNS ); WNS Holdings stock drops as FY guidance disappoints despite strong Q2; -10.52%Manpower Inc (MAN); ManpowerGroup (NYSE:MAN ) shares fall as Q3 revenue declines; -10.51%Webster Financial Corp (NYSE:WBS ); Marathon Asset Management and Webster Bank Provide Senior Secured Financing for the Acquisition of PK Companies; +10.7%Badger Meter Inc (NYSE:BMI ); Badger Meter shares slide as Q3 results disappoint; -8.89%Liberty Oilfield Services Inc (NYSE:LBRT ); Liberty Energy Q3 earnings miss estimates, shares rise on outlook; -7.73%Miniso Group Holding Ltd (MNSO); -8.27%Beam Inc. (BEAM); -8.34%
Small-Cap Stock Movers:Proficient Auto Logistics (PAL); Proficient Auto Logistics reports dip in Q3 revenue; -27.98%Gevo (NASDAQ:GEVO ); Gevo secures $1.46 billion DOE loan guarantee for SAF project; +16.82%IGM Biosciences Inc (NASDAQ:IGMS ); +15.01%Cerus Corp (NASDAQ:CERS ); Cerus secures $248 million BARDA contract for RBC system; -9.72%Lilium (LILM); The Federal Government of Germany has failed to advance a €50M state-loan that Lilium; -16.23%Lightwave Logic Inc (LWLG); +15.09%XCHG Ltd ADR (XCH); +13.1%HPX (AMBI); +17.07%iShares Industrials Sector Bond (ENGN); +12.24%GRAVITY Co. (GRVY); +12.52%
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Source: Investing.com