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Tesla, Nvidia Propel Mega-Cap Stock Movers Election Day Afternoon

EditorFrank DeMatteo
Published 11/06/2024, 03:42 AM
© Reuters.

Tuesday's market has seen notable movements among stocks, with significant activity in both the mega-cap and large-cap categories. Tesla Motors (NASDAQ:TSLA) and Nvidia Corp (NASDAQ:NVDA) are experiencing upward momentum, while Celanese (NYSE:CE) faces a downturn. Here's a closer look at some of the key stock movers across various market capitalizations, reflecting the dynamic nature of today's trading session.

Mega-Cap Movers (Market Cap $200B and above):

  • Nvidia Corp (NVDA): +2.4%; Year-to-date (YTD) total return soars to 174.79%
  • Tesla Motors (TSLA): +4.98%; despite a slight YTD return decline of -2.27%
  • Avago Technologies (NASDAQ:AVGO): Broadcom and Telia (ST:TELIA) Announce Expanded Partnership; +2.36%

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

  • Astera Labs (ALAB): Astera Labs stock soars 19% on robust Q3 results, strong guidance; +38.79%
  • Palantir Technologies Inc (NYSE:PLTR): Palantir Reports Revenue Growth, Raises Full Year Guidance; +22.74%
  • Globalfoundries (NASDAQ:GFS): GlobalFoundries stock leaps 7% on strong outlook, Q3 results; +14.88%
  • Cummins Inc (NYSE:CMI): Cummins shares edge higher after topping Q3 estimates on strong demand; +8.58%
  • Reddit (RDDT): +10.77%; YTD total return climbs to 116.16%
  • Wynn Resorts Ltd (NASDAQ:WYNN): Wynn Resorts shares fall 3% as Q3 earnings, revenue miss estimates; -9.14%
  • Celanese (CE): Celanese shares tumble 13% as Q3 earnings miss estimates, guidance disappoints; -24.76%
  • Archer-daniels Mid (NYSE:ADM): ADM Reports Preliminary Third Quarter 2024 Results; -8.82%
  • Ferrari NV (NYSE:RACE): CONTINUOUS EARNINGS GROWTH AND EVEN MORE CONFIDENCE IN FULL YEAR GUIDANCE; -7.43%
  • Xpeng Inc (NYSE:XPEV): +7.46%; YTD total return remains negative at -17.27%

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

  • UFP Technologies (UFPT): UFP Technologies Announces Record Q3 2024 Results; +22.14%
  • FTAC Olympus (NASDAQ:PAYO): Payoneer Reports Third Quarter 2024 Financial Results; +19.25%
  • Cushman Wakefield (CWK): Cushman & Wakefield (NYSE:CWK) reports strong Q3 results, beats estimates; +14.08%
  • Ingredion Inc (NYSE:INGR): Ingredion's posts mixed Q3 results, stock inches higher on raised guidance; +13.43%
  • Marqeta (NASDAQ:MQ): Marqeta stock downgraded as Deutsche Bank (ETR:DBKGn) flags missteps in client ramp-up; -40.0%
  • Teradata (NYSE:TDC): Teradata stock dips on soft Q4 outlook despite Q3 earnings beat; -14.57%
  • DJ Transportation Average (DJT): +1.31%; YTD total return modest at 4.6%

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

  • Vimeo (NASDAQ:VMEO): Vimeo Q3 2024 Shareholder Letter Available on Company's IR Site; +44.18%
  • Aris Water Solutions (ARIS): Aris Water Solutions, Inc. Reports Q3 Results and Increases 2024 Adjusted EBITDA Outlook; +29.86%
  • Gogo Inc (NASDAQ:GOGO): Gogo Announces Third Quarter Results; +28.55%
  • Reitar Logtech Holdings (RITR): +32.51%; YTD total return shows steady growth at 17.11%
  • Jeld Wen Holding Inc (NYSE:JELD): JELD-WEN Reports Third Quarter 2024 Results; -28.17%
  • Mediaalpha Inc (MAX): -27.86%; YTD total return remains positive at 44.22%
  • Capitol Acq (LIND): Lindblad Expeditions Holdings (NASDAQ:LIND), Inc. Reports 2024 Third Quarter Financial Results; +25.08%
  • Hudson Tech (NASDAQ:HDSN): Hudson (NYSE:HUD) Technologies Reports Third Quarter 2024 Results; -23.52%
  • 8x8 Inc (NASDAQ:EGHT): 8x8 shares up 2% on earnings beat, strong guidance; +24.35%
  • Senior Housing (DHC): Diversified Healthcare Trust (NASDAQ:DHC) Announces Third Quarter 2024 Results; -20.31%

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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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