Top Stock Movers – June 03, 2025
Among the day's standout movers:
Dollar General (DG) surged to the top of the S&P 500 leaderboard after reporting better-than-expected quarterly results. The discount retailer also raised its full-year forecast, citing increased foot traffic amid ongoing economic uncertainty.
Meta Platforms (META) inked a major 20-year agreement with Constellation Energy (CEG), securing nuclear energy to power its expanding fleet of AI-focused data centers. Shares of Constellation climbed following the news.
Hims & Hers Health (HIMS) saw a solid rally after announcing its acquisition of U.K.-based digital health company ZAVA. The all-cash deal marks a significant step in Hims & Hers’ European expansion strategy, though financial details were not disclosed.
Meanwhile, FactSet Research Systems (FDS) declined after the company said CEO Phil Snow would retire in September. Sanoke Viswanathan, a former JPMorgan Chase executive, is set to take the helm.
Nucor (NUE) and other steelmakers, which gained sharply Monday after former President Trump proposed 50% tariffs on imported steel, gave back some of those gains. Traders cited fears of cost inflation and potential retaliation from trade partners.
Bumble (BMBL) tumbled following a downgrade from JPMorgan. The firm cited intensifying competition, especially from rival dating app Hinge, as a reason for the lowered outlook.
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