Cyber Monday Deal: Up to 60% off InvestingProCLAIM SALE

JP Morgan, Alibaba among Thursday's morning market cap stock movers

EditorFrank DeMatteo
Published 07/11/2024, 16:42
© Reuters.

Thursday's market has seen notable movements among mega-cap and large-cap stocks, with JP Morgan Chase (NYSE:JPM) and Alibaba Group Holding Ltd (NYSE:BABA) standing out with significant intra-day price changes. As the trading session unfolds, a mix of earnings reports and market dynamics are influencing stock performances across the board. Below, we explore some of the most impactful stock movers, spanning from the largest companies by market capitalization to smaller entities.

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

  • Alibaba Group Holding Ltd (BABA): +3.58%; an impressive rally amid market activities.
  • Facebook Inc (NASDAQ:META): +2.53%; continuing its upward trajectory.
  • Avago Technologies (NASDAQ:AVGO): +2.71%; gains following market trends.
  • Amazon Com Inc (NASDAQ:AMZN): +1.75%; advancing in today's session.
  • JP Morgan Chase (JPM): -3.18%; the largest decline among mega-caps today.
  • American Express (NYSE:AXP): -2.19%; experiencing a downturn.
  • Wells Fargo (NYSE:WFC): -2.07%; similarly on the decline.
  • Adv Micro Device (NASDAQ:AMD): +2.49%; bucking the negative trend.
  • American Express (AXP): -2.19%; shares dip despite strong YTD returns.

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

  • Zillow Group Inc (NASDAQ:ZG): +21.81%; Q3 results top estimates.
  • Discovery Holding Co (NASDAQ:WBD): +16.53%; notable gain in today's market.
  • MercadoLibre (NASDAQ:MELI): -14.8%; despite solid Q3 results, stocks retreat.
  • Klaviyo (NYSE:KVYO): -16.69%; significant drop amid trading.
  • Xpeng Inc (NYSE:XPEV): +12.64%; shares climb on positive sentiment.
  • Epam Systems Inc (NYSE:EPAM): +14.67%; beats Q3 estimates, raises outlook.
  • Mylan Inc (NASDAQ:VTRS): +8.48%; shares rise on market activity.
  • Mobileye Global (NASDAQ:MBLY): +8.52%; gaining ground in today's trading.

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

  • Dutch Bros (BROS): +40.45%; shares surge as Q3 results top estimates, guidance raised.
  • Lyft (NASDAQ:LYFT): +29.9%; significant increase following market trends.
  • Under Armour (NYSE:UA) (UAA): +32.0%; stocks jump following better earnings, guidance.
  • Freshworks Inc (FRSH): +26.32%; reports third-quarter results.
  • Clear Secure (YOU): -20.79%; stocks take a hit following Q3 results.
  • Dentsply Intl Inc New (NASDAQ:XRAY): -22.52%; reports third-quarter results.
  • Clearwater Analytics Holdings (CWAN): +19.75%; announces third-quarter financial results.

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

  • Mandalay Digital Group Inc (NASDAQ:APPS): -44.44%; reports fiscal 2025 second-quarter results.
  • FARO Technologies (NASDAQ:FARO): +33.45%; stocks soar following Q3 EPS, guidance.
  • Emergent Biosolutions Inc (NYSE:EBS): +34.18%; supports new clinical trial in Africa.
  • Commscope Hlding (NASDAQ:COMM): -27.99%; reports third-quarter 2024 results.
  • Cree Inc. (NYSE:WOLF): -21.41%; shares tumble on weak guidance.
  • Wolverine World Wide Inc (NYSE:WWW): +26.54%; stock jumps following Q3 beat and raise.
  • Personalis Inc (NASDAQ:PSNL): -18.28%; market reacts to company performance.
  • Bigcommerce Holdings Inc (BIGC): +18.8%; shares jump on strong Q3 results, upbeat outlook.

For real-time, market-moving news, join Investing Pro.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers
© 2007-2024 - Fusion Media Limited. All Rights Reserved.