Adobe, Ciena lead Thursday’s market cap stock movers
Thursday’s market has seen notable fluctuations with mega-cap and large-cap stocks showing significant movement. Adobe Sys Inc (NASDAQ:ADBE) faced a downgrade, while Ciena (NYSE:CIEN) soared following board news. Here are some of the key stock movers in today’s trading session.
Mega-Cap Movers (Market Cap $200B+)
Adobe Sys Inc (ADBE); downgraded to Hold by TD Cowen on growth deceleration trends: -13.47%
Avago Technologies (NASDAQ:AVGO): -1.71%
United Health Group (NYSE:UNH): -2.62%
Large-Cap Stock Movers (Market Cap $10B-$200B)
Ciena (CIEN); Ciena Announces Lawton W. Fitt as Independent (LON:IOG) Chair of Board of Directors: +16.6%
Discovery Holding Co (NASDAQ:WBD); Warner Bros. Discovery unveils new divisional structure: +14.74%
Nordson Corp (NASDAQ:NDSN); shares tumble 7% on weak Q1 outlook despite Q4 beat: -9.48%
Nutanix Inc (NASDAQ:NTNX); UBS initiates Nutanix coverage with buy, $81 price target: +7.87%
Fortress Transport Infrast (NASDAQ:FTAI): -6.67%
Mobileye Global (NASDAQ:MBLY): +5.25%
Western Digital (NASDAQ:WDC): -5.82%
Robinhood Markets (NASDAQ:HOOD); Reports November 2024 Operating Data: +5.37%
Amer Sports A (AS): +5.71%
Nucor (NYSE:NUE): -4.89%
Mid-Cap Stock Movers (Market Cap $2B-$10B)
Keros Therapeutics Inc (KROS); downgraded to neutral by BTIG on clinical trial: -73.47%
MSTU (MSTU): -6.44%
Hut 8 Mining PK (HUT): +11.54%
Blue Safari Group Acquisition Corp (BTDR): +12.12%
Venaxis (RIOT); Starboard Takes Significant Stake in Bitcoin-Miner Riot Platforms (NASDAQ:RIOT): +10.37%
BITX (BITX): -1.41%
Ikonics Corp (WULF): +8.18%
UFP Technologies (UFPT): -8.06%
Wave Life Sciences Ltd (NASDAQ:WVE): -9.38%
Nuvalent (NUVL): -8.4%
Small-Cap Stock Movers (Market Cap $300M-$2B)
Liquidity Service (NASDAQ:LQDT); Todd County to Hold First-Ever Online Tax Sale via Bid4Assets.com: +33.86%
Himax Tech (NASDAQ:HIMX): +30.02%
The Lovesac Company (NASDAQ:LOVE); stock plunges on weak Q4 guidance: -28.37%
Stitch Fix (NASDAQ:SFIX): -27.03%
Jupiter Neurosciences (JUNS): +25.7%
Selecta Biosciences Inc (NASDAQ:RNAC): -22.66%
3D Systems Corporation (NYSE:DDD); Announces Sale of Geomagic ® Software (ETR:SOWGn) Portfolio: +19.44%
Olema Pharmaceuticals Inc (OLMA): -19.26%
Absci (ABSI); Highlights Progress and Updates Across Proprietary Pipeline and Leading AI Platform at 2024 R&D Day: -18.39%
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