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Top Stock Movers – August 12, 2025

 

illustration of On Holding AGU.S. stocks climbed to fresh highs at midday after July’s consumer inflation rose less than expected, bolstering hopes the Federal Reserve could move toward interest rate cuts. The S&P 500 and Nasdaq both set new intraday records, while the Dow also gained ground.

Hanesbrands (HBI) shares surged after reports that Gildan Activewear (GIL) offered nearly $5 billion to acquire the undergarment maker. Gildan shares slipped on the news.

On Holding (ONON) jumped after the Swiss athletic footwear brand backed by tennis legend Roger Federer reported better-than-expected earnings and lifted its full-year outlook, driven by strong direct-to-consumer sales.

Circle Internet Group (CRCL) advanced after a surge in its USDC stablecoin circulation boosted adjusted earnings and revenue.

Cardinal Health (CAH) slid after missing revenue estimates and announcing a $1.9 billion acquisition of Solaris Health to expand in urology services.

BigBear.ai (BBAI) tumbled as the AI analytics company cut its revenue forecast and scrapped its profit outlook, citing uncertainty over U.S. Army contract changes.

Celanese (CE) fell after warning of weaker demand for the remainder of the year.


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