September 20, 2024

FedEx, Constellation lead morning market cap stock movers on Friday

As Friday’s trading session unfolds, significant movements have been observed among mega-cap and large-cap stocks, with some companies experiencing sharp declines and others securing robust gains. Market participants are reacting to a mix of earnings risks, strategic partnerships, and executive leadership changes. Here’s a look at some of the most notable stock movers from the higher end of the market capitalization spectrum.

Mega-Cap Movers (Market Cap: $200 billion USD or higher)

  • None listed today.

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

  • FedEx Corp (NYSE:FDX) falls following results, lower guidance; -14.87%
  • Constellation Energy Group-Exch (CEG) and Microsoft (NASDAQ:MSFT) ink 20-year clean energy deal, to re-open Three Mile Island; +13.57%
  • Vistra Energy Corp (NYSE:VST); +7.62%
  • Elliott Hill named next CEO of Nike (NYSE:NKE); +5.61%
  • Lennar (NYSE:LEN) beats estimates as new home orders rise 5%; -4.93%
  • Old Dominion Freight Line Inc (NASDAQ:ODFL); -4.47%
  • Chewy Inc (NYSE:CHWY) Announces Pricing of Offering of Class A Common Stock by Selling Stockholder and Concurrent Repurchase; -5.13%

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

  • Apellis Pharma (APLS) Receives Negative CHMP Opinion for Pegcetacoplan for Geographic Atrophy (GA) in the EU Following Re-Examination; -8.79%
  • Trump Media (DJT) falls as lock-up expires; -6.3%
  • PBF Energy Inc (NYSE:PBF) falls on downgraded at Piper Sandler; -5.84%
  • Mobileye Global (NASDAQ:MBLY); -6.87%
  • Frontline (NYSE:FRO) Ltd Ordinary Shares (FRO) falls on downgrade at SEB; -6.51%

Small-Cap Stock Movers (Market Cap: $300 million -$2 billion USD)

  • Corbus Pharmaceuticals Holding (NASDAQ:CRBP) falls on Nov Nordisk obesity data; -55.81%
  • Sable Offshore (SOC) secures $150 million in private placement; -16.33%
  • MillerKnoll (NASDAQ:MLKN) (MLKN) shares drop 6% on weak Q1 results, soft guidance; -15.44%
  • Nano Nuclear Energy (NNE) gains as nuclear stocks rise as Three Mile Island to re-open; +22.27%
  • Oklo (OKLO) gains as nuclear stocks rise as Three Mile Island to re-open; +18.0%
  • Arisz Acquisition (FUFU); -9.44%
  • NuScale Power (SMR) gains as nuclear stocks rise as Three Mile Island to re-open; +14.25%
  • GrafTech International (NYSE:EAF) Ltd (GTI); +13.05%
  • Olaplex Holdings (NASDAQ:OLPX); -8.91%
  • Wolfspeed (NYSE:WOLF); -8.17%

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