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Alibaba, Pinduoduo lead morning market cap stock movers on Wednesday

EditorFrank DeMatteo
Published 2024-10-09, 10:42 a/m
© Reuters.

Wednesday's market has seen notable activity among stocks, with movements influenced by a variety of factors. Mega-cap stocks like Alibaba-exch (BABA) and Pinduoduo (NASDAQ:PDD) experienced declines, while large-cap stocks such as Super Micro Compu (SMCI) and Carnival Corp-Exch (NYSE:CCL) saw gains. Here's a rundown of some significant stock movers from mega-caps to small caps, reflecting the dynamic nature of today's trading session.

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

  • Alibaba-exch (BABA); -1.99%: continues to consolidate recent gains
  • Pinduoduo (PDD); -1.96%: continues to consolidate recent gains

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

  • Constellation Energy Group-Exch (CEG); -5.03%
  • Netease.com (NTES); -6.17%
  • Super Micro Compu (SMCI); +5.29%
  • Carnival Corp-Exch (CCL); +4.88%: Citi issues bullish comments
  • Ke Holdings Inc (BEKE); -3.86%
  • Li Auto Inc (NASDAQ:LI); -3.78%
  • Affirm Holdings (NASDAQ:AFRM); Morgan Stanley (NYSE:MS) highlights improved customer base, upgrades; +6.02%
  • Atlassian Corp Plc (NASDAQ:TEAM); Announces Date for First Quarter of Fiscal Year 2025 Financial Results; +4.15%
  • Reddit (RDDT); Jefferies starts at Buy: +4.3%:

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

  • Arcadium Lithium (ALTM); Rio Tinto (NYSE:RIO) to acquire Arcadium Lithium for $6.7 billion; +30.54%
  • Astera Labs (ALAB); unveils first PCIe 6 switch for AI workloads; +16.64%
  • Norwegian Cruise Line Holdings Ltd (NYSE:NCLH); Oceania Cruises Unveils Details of the Crêperie, a New Culinary Venue Debuting on Allura™ in 2025; +7.72%
  • Delek Logistics Partners LP (NYSE:DKL); -11.71%
  • Scholar Rock Holding Corp (NASDAQ:SRRK); Announces Pricing of Upsized $300 Million Public Offering of Common Stock and Pre-Funded Warrants; -8.43%
  • Miniso Group Holding Ltd (MNSO); -6.71%
  • Helix Acquisition Corp (MLTX); -6.09%
  • Reinvent Technology Partners Y (AUR); Aurora to Host Third Quarter 2024 Business Review Conference Call on October 30, 2024; -5.06%
  • Zeekr Intelligent Technology ADR (ZK); -4.34%
  • Gitlab (GTLB); +4.88%

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

  • Helen of Troy Ltd (HELE); Helen of Troy beats Q2 expectations, shares rise on solid outlook; +21.08%
  • IDT Corp (IDT); IDT Corporation Reports Fourth Quarter and Fiscal Year 2024 Results; +15.77%
  • Biomea Fusion (BMEA); +8.16%
  • Sigma Lithium US (TSXV:SGML); +8.94%
  • Byrna Technologies NAQ (BYRN); -15.23%
  • Learn CW Investment (INV); -9.33%
  • Urogen Pharma Ltd (NASDAQ:URGN); UroGen Pharma appoints Chris Degnan as CFO; -9.99%
  • Retrophin I (NASDAQ:TVTX); +5.03%
  • Array Technologies Inc (ARRY); +6.29%
  • UP Fintech Holding (TIGR); -7.81%

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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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