September 24, 2024

Alibaba, Nvidia Lead Afternoon Market Cap Stock Movers on Tuesday

Tuesday’s market has seen notable movements in various stocks, with mega-cap and large-cap categories experiencing significant intra-day shifts. Alibaba (NYSE:BABA) and Nvidia Corp (NASDAQ:NVDA) are among the stocks rallying, while Visa Inc (NYSE:V) has seen a downturn. Here are the day’s major stock movers, providing a snapshot across market cap sizes.

Mega-Cap Movers:

  • Alibaba (BABA): +7.31%; significant intra-day surge on China stimulus
  • Nvidia Corp (NVDA): +4.35%; robust performance continues amid talk the CEO is done selling stock for now
  • Netflix, inc. (NASDAQ:NFLX): +2.02%; steady climb in value
  • Visa Inc (V): -4.56%; facing a dip in today’s session following a DoJ lawsuit over debit card market monopoly
  • Mastercard (NYSE:MA): -2.45%; slight downturn detected with Visa

Large-Cap Stock Movers:

  • Tencent Music Entertainment Group (NYSE:TME): +16.11%; leading today’s large-cap gains amid China stimulus
  • JD.Com (NASDAQ:JD): +11.48%; substantial increase observed due to China stimulus
  • Pinduoduo (NASDAQ:PDD): +10.42%; notable rise in stock price on the China stimulus
  • Li Auto Inc (NASDAQ:LI): +10.47%; strong upward movement due to the China stimulus.
  • NIO Inc (NIO): +9.3%; significant percentage gain, also on the China stimulus.

Mid-Cap Stock Movers:

  • Scientific Games (NASDAQ:LNW): Light & Wonder Statement on Dragon Train Litigation; -17.82%; today’s top mid-cap decliner
  • Boise Inc (BZ): +17.74%; impressive surge in stock value
  • Bilibili Inc (NASDAQ:BILI): +14.35%; marked increase in price
  • IQIYI Inc (IQ): +11.22%; positive momentum for the stock
  • Fortress Value Acquisition Corp (MP): +12.37%; strong performance amidst market volatility

Small-Cap Stock Movers:

  • Wave Life Sciences Ltd (NASDAQ:WVE): Wave Life Sciences reports promising DMD trial results; +52.6%; top small-cap climber on positive trial news
  • Lifeway Foods (LWAY): +24.6%; significant uptick in stock price
  • Intchains ADR (ICG): +21.65%; robust growth seen
  • Applied Opt (AAOI): +16.71%; notable increase in stock value
  • Alpha Healthcare Acquisition (HUMA): +17.97%; impressive rally

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