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Thursday’s trading session is showcasing significant movements among stocks, particularly within the mega-cap and large-cap categories. Market participants are witnessing a mix of sharp declines and impressive gains, with companies like Oracle Corp (NYSE:ORCL) and Abbott Laboratories (NYSE:ABT) capturing attention due to their substantial intra-day price changes. Here’s a closer look at some of the standout stock movers from today’s market activity.
Mega-Cap Movers (Market Cap $200B+):
- Oracle Corp (ORCL): +3.76%; significant intra-day rise
- Abbott Laboratories (ABT): -6.2%; leading the downturn
- United Health Group (NYSE:UNH): -1.85%; experiencing a notable drop
Large-Cap Stock Movers (Market Cap $10B-$200B):
- Wellpoint Inc (NYSE:ELV): -11.07%; today’s largest decline in this category
- Unity Software Inc (NYSE:U): +14.7%; surging ahead with robust gains
- Vector Acquisition (NASDAQ:RKLB): +7.38%; showing strong upward momentum
- Snapon Inc (NYSE:SNA): +5.61%; Snap-on beats second quarter expectations as Tools Group sales rise
- New Providence Acquisition Corp N (ASTS): +5.56%; continuing its upward trajectory
- Pepsico (NASDAQ:PEP): +6.4%; bouncing back with solid gains
- Soc Quimica ADR (NYSE:SQM): +5.85%; making notable advances
- Reinvent Technology Partners Y (AUR): +4.21%; edging higher
- Li Auto Inc (NASDAQ:LI): +6.28%; gaining ground
- Molina Healthcare Inc (NYSE:MOH): -4.76%; sliding down amidst today’s trades
Mid-Cap Stock Movers (Market Cap $2B-$10B):
- Lucid Group Inc (NASDAQ:LCID): +25.76%; Lucid files for 1:10 reverse stock split, seeks shareholder approval
- Kensington Capital Acquisition (NYSE:QS): +15.29%; investors reacting positively
- AAR Corp (NYSE:AIR): +13.52%; showing a strong uptick
- GigCapital4 (BBAI): +14.07%; making significant headway
- Sonic Automotive Inc (NYSE:SAH): -9.59%; JPMorgan downgrades Sonic Auto stock to Underweight on valuation concerns
- Group 1 Automotive Inc (NYSE:GPI): -8.46%; Group 1 Automotive stock downgraded by JPMorgan on Texas concentration risk
- Anbio Biotechnology (NNNN): -7.19%; today’s largest mid-cap decliner
- Metsera (MTSR): -7.24%; experiencing a pullback
- NIO Inc (NIO): +6.61%; stocks are climbing
- Redwire (RDW): +4.97%; moving up in today’s session
Small-Cap Stock Movers (Market Cap $300M-$2B):
- Caredx Inc (NASDAQ:CDNA): -30.6%; leading the small-cap declines
- Pitanium (PTNM): -34.82%; experiencing a sharp drop
- Rotor Acquisition Corp (PDYN): +22.69%; showing a strong rally
- Monarch Casino & Resort (NASDAQ:MCRI): +18.56%; Monarch Casino (EPA:CASP) shares soar 17% on strong Q2 earnings, revenue beat
- Sequans Communications SA (NYSE:SQNS): -16.87%; facing a significant downturn
- EJF Acquisition (PGY): +19.27%; Pagaya (NASDAQ:PGY) expects to exceed Q2 guidance as revenue hits $326 million
- Sarepta (NASDAQ:SRPT): +16.95%; Sarepta to cut 36% of workforce amid strategic restructuring
- Social Capital Hedosophia Hold II (NASDAQ:OPEN): +13.76%; stocks are on the rise
- Broadstone Acquisition (EVTL): +15.11%; Needham initiates Vertical Aerospace stock with Buy rating, $9 target
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