Summit Therapeutics, Moderna lead Thursday's morning market cap stock movers

Thursday's trading session is witnessing significant movements among stocks, particularly within the mega-cap and large-cap categories. Market dynamics are influenced by various factors, including company news and broader economic indicators, causing notable intra-day stock movements. Stocks such as Summit Therapeutics PLC (NASDAQ:SMMT ) have surged, while Moderna (NASDAQ:MRNA ) has experienced a sharp decline. Here's an overview of some of the key stock movers across different market capitalization ranges.

Mega-Cap Movers



No mega-cap stocks to report on today as none of the stocks provided fall into this category.

Large-Cap Stock Movers

Summit Therapeutics PLC (SMMT): +19.86%; raises $235 millionModerna (MRNA); outlines pipeline progress, cost cuts: -17.27%NIO Inc (NIO): -6.97%Sirius Satellite Radio Inc (SIRI): -5.44%Discovery Holding Co (NASDAQ:WBD ): +6.49%BeiGene (NASDAQ:BGNE ): -6.59%Micron Tech (NASDAQ:MU ): -3.85%; downgraded at Exane BNP

Mid-Cap Stock Movers

Signet Jewelers Limited (NYSE:SIG ); shares leap 17% following Q2 earnings beat: +18.17%New Providence Acquisition Corp N (ASTS); AST SpaceMobile launches 5 satellites for direct mobile connectivity: -10.5%Medical Properties Trust Inc (NYSE:MPW ); Takes Control of Its Real Estate From Steward Health Care: +8.71%Coeur dAlene Mines Corp (CDE): +12.09%Xpeng Inc (NYSE:XPEV ): -6.56%Rubrik (RBRK): -6.27%CenturyLink (NYSE:LUMN ): +8.18%DJ Transportation Average (DJT): +0.04%Tempus AI (TEM); Launches Beta Version of olivia, its AI-enabled Personal Health Concierge App for Patients: +3.22%

Small-Cap Stock Movers

Fulcrum Therapeutics Inc (NASDAQ:FULC ); halts development of FSHD drug losmapimod: -60.23%The Providence Se (MODV): -43.99%NETGEAR (NTGR): +31.42%; settlement with TP-Link SystemsJBDI Holdings Ltd (JBDI): +14.21%The Lovesac Company (NASDAQ:LOVE ); Reports Second Quarter Fiscal 2025 Financial Results: +25.12%Torrid Holdings (CURV); sets price for 8 million share offering: -22.41%Aviat Networks (AVNW ); to Delay Form 10-K Filing for Fiscal Year 2024: -18.12%Brown Shoe Comp Inc (CAL); stock tumbles on Q2 earnings miss, guidance cut: -18.39%Pet Acquisition LLC (WOOF): +21.18%



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Source: Investing.com