Top Stock Movers – May 6, 2025
U.S. stocks dipped by midday as investors awaited updates on potential tariff changes and the outcome of the Federal Reserve's meeting tomorrow. Here's a look at the major movers:
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Vertex Pharmaceuticals (VRTX) fell sharply after missing profit and revenue targets due to increased costs and challenges in Russia.
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DoorDash (DASH) declined following weaker-than-expected revenue and news of two acquisitions, including a $3.9 billion deal for Deliveroo.
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Coterra Energy (CTRA) dropped as it announced reduced capital spending amid economic uncertainty and falling oil prices.
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Constellation Energy (CEG) surged to lead the S&P 500, beating revenue expectations and maintaining its earnings outlook on strong AI-driven energy demand.
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Ford Motor (F) gained after indicating that new auto tariffs would have minimal impact on vehicle prices.
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Leidos Holdings (LDOS) jumped on better-than-expected results, driven by increased defense and security contracts.
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