👀 Ones to watch: Undervalued stocks to buy before they report Q3 earningsSee Undervalued Stocks

Cisco, Nvidia lead mega-cap stock movers Wednesday afternoon

EditorFrank DeMatteo
Published 2024-10-16, 02:56 p/m
© 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 (NASDAQ:UAL) 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 (NYSE: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%

For real-time, market-moving news, join Investing Pro.

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

Latest comments

Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.