Alibaba, Palantir lead market cap stock movers on Monday

Monday’s trading session has brought significant movements across the board, with mega-cap stocks like Alibaba-exch (BABA) and Palantir Technologies Inc (NASDAQ:PLTR) witnessing notable declines, while in the large-cap category, Summit Therapeutics PLC (NASDAQ:SMMT) soared post-earnings. Here’s a rundown of some of the major stock movers, from the giants to the smaller players.

Mega-Cap Movers:

• Alibaba-exch (BABA): -9.88%; substantial intra-day drop
• Palantir Technologies Inc (PLTR): -11.69%; investors react negatively
• Tesla Motors (NASDAQ:TSLA): Tesla (TSLA) Prepares To Deploy Long-awaited FSD Features In China - Bloomberg; -3.24%
• Avago Technologies (NASDAQ:AVGO): -2.4%; shares slip
• Metropcs Communications (NASDAQ:TMUS): Beat the Winter Chill: Metro by T-Mobile Brings the Heat with Samsung (KS:005930) Devices on Us; +2.23%
• Microsoft Corp (NASDAQ:MSFT): Google (NASDAQ:GOOGL) Wins Salesforce (NYSE:CRM) Cloud Deal in Bid to Counter Microsoft - Bloomberg; -2.03%

Large-Cap Stock Movers:

• Summit Therapeutics PLC (SMMT): Summit Therapeutics stock soars over 8% after Q4 earnings beat; -15.28%
• Futu Holdings (NASDAQ:FUTU): -13.31%; shares decline sharply
• Tencent Music Entertainment Group (NYSE:TME): -7.72%; investors sell off
• Super Micro Compu (NASDAQ:SMCI): -6.97%; stock drops
• Pinduoduo (NASDAQ:PDD): -8.3%; market reacts to selling pressure
• Jd.Com Inc Adr (NASDAQ:JD): -7.76%; shares fall
• Rivian Automotive (NASDAQ:RIVN): -7.09%; stock slides
• Oaktree Acquisition Corp (NYSE:HIMS): -6.26%; market sentiment dips
• Credo Technology Holding (CRDO): -8.76%; shares retreat

Mid-Cap Stock Movers:

• 21Vianet Group (NASDAQ:VNET): -14.38%; top mid-cap decliner
• Applied Blockchain (APLD): -16.43%; significant drop
• Pony Ai Inc (PONY): -20.88%; shares plummet
• Tuya ADR (TUYA): -14.9%; stocks take a hit
• CF Acquisition Corp VI (RUMBW): -11.33%; shares fall
• GDS Holdings Ltd (GDS): -14.7%; stocks slide
• Viking Therapeutics Inc (NASDAQ:VKTX): -13.71%; market reacts negatively
• Hesai ADR (HSAI): -10.85%; shares down
• Kingsoft Cloud Holdings Ltd (KC): -11.27%; stocks dip
• Bilibili Inc (NASDAQ:BILI): -11.11%; shares decline

Small-Cap Stock Movers:

• Double Eagle Acquisition Corp Unit (NASDAQ:TH): Target (NYSE:TGT) Hospitality Provides Update on Pecos Children’s Center Contract; -51.82%
• RF Acquisition (GCL): -32.56%; largest drop in small-caps
• Bridge Investment Group Holdings (BRDG): Bridge Investment Group Holdings Inc. Reports Fourth Quarter and Full Year 2024 Results; +33.35%
• Fold Holdings NAQ (FLD): -24.68%; stocks tumble
• PTIR (PTIR): -23.11%; shares take a steep dive
• LexinFintech (NASDAQ:LX): -15.97%; stocks decline
• zSpace (ZSPC): -16.1%; stocks retreat
• Zhihu ADR (ZH): -13.0%; shares fall
• Alpha Technology (ATGL): -9.76%; market sentiment weakens
• MSTU (MSTU): -10.23%; stocks slide

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