Top Stock Movers – September 30, 2025
U.S. equities drifted lower Tuesday as lawmakers in Washington struggled to reach a deal to keep the government open. The Dow, S&P 500, and Nasdaq all traded slightly in the red, with investor sentiment subdued by political uncertainty and shifting corporate headlines.Spotify Leadership Shake-Up
Spotify Technology (SPOT) shares sank after co-founder and CEO Daniel Ek announced he would step down. The company said Gustav Soderstrom and Alex Norstrom, both currently serving as co-presidents, will take over as co-CEOs.
Pharma Gains, Space Setback
Pfizer (PFE) advanced after striking an agreement with the Trump administration aimed at lowering prescription drug prices, lifting optimism around the stock. In sharp contrast, Firefly Aerospace (FLY) shares tumbled after one of its rocket boosters exploded during a preflight test, raising concerns about the space contractor’s operations.
Delivery and Data Moves
Shares of Maplebear (CART), parent of Instacart, slipped following a downgrade from BTIG to “neutral” on concerns about intensifying competition in the delivery market. Meanwhile, CoreWeave (CRWV), an Nvidia-backed AI data center operator, surged on news of a new contract with Meta Platforms (META) worth as much as $14.2 billion.
Food Sector Strength
Lamb Weston Holdings (LW) jumped after the frozen potato producer beat Wall Street sales forecasts, buoyed by stronger demand from restaurants.
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