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Top Stock Movers – August 13, 2025

 

U.S. stocks held on to modest gains at midday Wednesday, extending the S&P 500 and Nasdaq’s record-setting streak as investors continued to bet the Federal Reserve will move to cut interest rates next month. The Dow Jones Industrial Average also ticked higher.

Renewed optimism followed the latest consumer inflation report, which traders believe could give policymakers room for a sizeable reduction in borrowing costs. That outlook pushed the 10-year Treasury yield lower and fueled a rally among homebuilders, with Lennar (LEN), D.R. Horton (DHI), and PulteGroup (PHM) among the day’s leaders.

Gildan Activewear (GIL) surged after the apparel maker announced a $2.2 billion deal to acquire Hanesbrands (HBI), a price tag below earlier estimates. Hanesbrands shares climbed as well.

Defense contractor V2X (VVX) rose after Bank of America upgraded the stock, citing strong growth prospects.

Meanwhile, CAVA Group (CAVA) sank sharply as the Mediterranean restaurant chain posted disappointing same-store sales and lowered its outlook, blaming weaker consumer spending.

CoreWeave (CRWV) also tumbled, reporting a steeper-than-expected quarterly loss as expenses mounted. The AI-computing company warned that higher costs would persist as it scales to meet demand.

In the crypto-linked space, Circle Internet Group (CRCL) fell after announcing plans to sell 10 million Class A shares, including 2 million from the company itself and 8 million from existing investors.


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