November 23, 2024

AbbVie, Nvidia Lead Friday’s Market Cap Stock Movers

The end of the week brings a diverse set of movements among stocks, with some companies experiencing notable gains while others face declines. Mega-cap stocks like AbbVie Inc (NYSE:ABBV) and Nvidia Corp (NASDAQ:NVDA) have attracted attention with significant movements, alongside large-cap stocks such as Super Micro Compu (NASDAQ:SMCI) and Grab Holdings (NASDAQ:GRAB). Below, we delve into the specifics of these fluctuations across different market cap categories on this Friday.

Mega-Cap Movers:

– AbbVie Inc (ABBV); Leerink upgrades AbbVie stock to outperform, cites strong Skyrizi growth potential: +3.04%

– Alibaba-exch (BABA): -2.8%

– Nvidia Corp (NVDA); NVIDIA Announces Upcoming Events for Financial Community: -2.65%

Large-Cap Stock Movers:

– Super Micro Compu (SMCI): +10.77%

Copart Inc (NASDAQ:CPRT); Copart reports in-line Q1 earnings, revenue beats estimates: +9.03%

Texas Pacific Land Trust (NYSE:TPL): +6.59%

– Reddit (RDDT); Advance Magazine Said to Seek $1.2 Billion in Reddit (RDDT) Share Sale – Bloomberg: -7.4%

– Grab Holdings (GRAB): -8.91%

Chewy Inc (NYSE:CHWY): -4.32%

Mueller Industries Inc (NYSE:MLI): -6.53%

Mid-Cap Stock Movers:

Elastic (NYSE:ESTC); Elastic stock surges 17% on strong earnings beat and raised outlook: +16.46%

Protagonist Therapeutics Inc (NASDAQ:PTGX): +13.59%

– Atlas (NYSE:ATCO) Energy Solutions (AESI); Texas Pacific Land Set to Join S&P 500, Mueller Industries to Join S&P MidCap 400 and Atlas Energy Solutions to Join S&P SmallCap 600: +9.21%

StoneCo Ltd (NASDAQ:STNE); StoneCo. Announces New Share Repurchase Program of up to R$ 2 billion: +10.09%

SoundHound AI (NASDAQ:SOUN): +10.83%

Polestar Automotive Holding Plc (NASDAQ:PSNY): +10.0%

Atkore International Group Inc (NYSE:ATKR); Atkore stock downgraded as pricing pressures and market uncertainty weigh, says B.Riley: +9.15%

– Concentrix (CNXC): +8.54%

Gap.inc (NYSE:GAP); Gap Inc. Reports Third Quarter Fiscal 2024 Results, Raises Full Year Outlook: +6.17%

– BITX (BITX): +0.16%

Small-Cap Stock Movers:

Replimune Group Inc (NASDAQ:REPL); Replimune seeks FDA approval for melanoma treatment: +41.9%

– TimefireVR (RCAT): +22.74%

Omeros Corp (NASDAQ:OMER): +19.66%

Matthews Internat (NASDAQ:MATW): +17.62%

– Live Oak Acq (NVTS); Navitas’ 571% Increase in 3-Year Revenue Attains Deloitte Technology Fast 500™ Ranking for Third Consecutive Year: +16.58%

Naturl Grcrs Vit (NYSE:NGVC); Natural Grocers stock falls 3% despite earnings beat: +15.26%

– MSTU (MSTU): +9.15%

– DPCM Capital (QBTS): +25.13%

American Software (NASDAQ:LGTY); Logility Reports Second Quarter Fiscal Year 2025 Financial Results: -17.68%

– ETHU (ETHU): -3.69%

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