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Cisco, Nvidia lead mega-cap stock movers Wednesday afternoon

EditorFrank DeMatteo
Published 10/17/2024, 02:56 AM
© Reuters

Wednesday's market has seen notable movements in various stocks from mega-caps to large-caps, driven by recent news and market trends. Stocks like Cisco Systems Inc (NASDAQ:CSCO) and Nvidia Corp (NASDAQ:NVDA) are experiencing gains, while others across different market cap categories also show significant movements. Here's an overview of some of the biggest stock movers of the day.

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

  • Cisco Systems Inc (CSCO); Cisco stock upgraded on AI potential and narrowing peer discount, says Citi: +3.52%
  • Nvidia Corp (NVDA): positive Blackwell comments; +3.42%
  • United Health Group (UNH): rebounds after earnings-related sell-off; +2.67%
  • Visa Inc (NYSE:V); Visa and Analytic Partners Announce Multi-Year Deal to Transform Commercial Analytics for Merchants and Brands: +2.59%

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

  • United Continental (UAL); United Airlines announces $1.5 billion buyback, exceeds Q3 EPS forecast: +13.25%
  • Summit Therapeutics PLC (NASDAQ:SMMT): +9.07%
  • Coinbase Global (NASDAQ:COIN): +6.86%
  • Morgan Stanley (MS); Morgan Stanley Reports Third Quarter 2024 Earnings Results: +6.66%
  • Delta Air Lines New (NYSE:DAL): strong results from airline peers; +5.89%
  • Ke Holdings Inc (BEKE): +5.23%
  • Universal Health Services (NYSE:UHS): +5.25%
  • US Bancorp (NYSE:USB); US Bancorp posts Q3 earnings beat, but revenue misses estimates: +4.65%

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

  • Novavax (NASDAQ:NVAX); Update on Novavax's COVID-19-Influenza Combination and Stand-alone Influenza Phase 3 Trial: -18.09%
  • dMY Technology Group III (IONQ); IonQ to Report Third Quarter 2024 Financial Results on November 6, 2024: +14.82%
  • Enovix (ENVX): falls on some insider selling; -10.1%
  • Fluor Corp (NYSE:FLR): +8.94%
  • New Providence Acquisition Corp N (ASTS): +9.09%
  • Vector Acquisition (RKLB): +8.67%
  • Kymera Therapeutics Inc (KYMR): +7.37%
  • Fortress Value Acquisition Corp (MP): +7.01%
  • Mirion Technologies (MIR): +7.26%

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

  • Frequency Therapeutics Inc (KRRO): +112.55%
  • Wave Life Sciences Ltd (NASDAQ:WVE); announced first-ever therapeutic RNA editing in humans: +74.07%
  • AltC Acquisition (OKLO): nuclear stocks gain as Amazon (NASDAQ:AMZN) joins race for nuclear development; +36.57%
  • Nuscale Power (SMR): nuclear stocks gain as Amazon joins race for nuclear development; +32.16%
  • Nano Nuclear Energy (NNE) nuclear stocks gain as Amazon joins race for nuclear development; NANO Nuclear names ex-DOE CFO Vonglis as advisory board chair: +30.14%
  • XCHG Ltd ADR (XCH): +24.46%
  • Slater & Gordon Limited (SGH): -24.77%
  • Altus Power (AMPS); Altus Power explores strategic alternatives to boost value: +22.35%
  • Cree Inc. (NYSE:WOLF): adds to gains after receiving $750 million U.S. chip grant; +21.47%
  • Voyager Therapeutics Inc (NASDAQ:VYGR): new Outperform rating at Leerink; +14.74%

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

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