Top Stock Movers Now: Oklo ,UniFirst, KB Home, and More
U.S. equities mostly gained at midday due to optimism that the Trump administration’s tariffs won't be as severe as expected and strong growth in housing prices. The S&P 500 and Nasdaq were slightly higher, while the Dow Jones Industrial Average ticked lower.
Top Stock Movers:
- CrowdStrike Holdings (CRWD): Shares jumped after an upgrade from BTIG, which stated that last year’s global internet outage caused by the firm is no longer a concern for customers and partners.
- Wynn Resorts (WYNN): Shares rose as billionaire Tilman Fertitta increased his stake in the company.
- International Paper (IP): Shares climbed after the company presented a long-term growth strategy at its investor day.
- KB Home (KBH): Shares fell after missing profit and sales estimates. The company also lowered its outlook due to high prices and economic/geopolitical concerns affecting consumer demand.
- UniFirst (UNF): Shares dropped after Cintas (CTAS) ended negotiations to acquire the company.
- Oklo (OKLO): Shares declined after reporting a widened loss and warning of increasing future expenses.
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