Major indexes finished slightly lower Wednesday, but individual stocks saw sharp moves as investors reacted to earnings reports and shifting expectations around AI disruption.Biggest Losers
Mattel (MAT) sank 25%, the steepest drop of the session, after the toy maker’s holiday-quarter earnings missed expectations on both revenue and profit. Slower December orders and tariff-related disruptions weighed on results, rattling investor confidence.
Lyft (LYFT) tumbled 17% following its quarterly report, adding to volatility in ride-share names.
Robinhood (HOOD) fell 9% after posting weaker-than-expected revenue and transaction activity. Although the company highlighted growth in prediction markets, investors focused on sluggish trading volumes and softer platform metrics.
Humana (HUM) slipped more than 3%, while Alphabet (GOOGL) was the largest decliner among megacaps, dropping 2.4%.
Financial stocks also remained under pressure amid growing AI disruption concerns, with brokerage and advisory names seeing continued selling.
Biggest Gainers
Hinge Health (HNGE) jumped 17%, leading gainers after strong earnings enthusiasm.
QXO (QXO) soared nearly 15% after announcing its $2.25 billion acquisition of Kodiak Building Partners. Investors cheered the deal as highly complementary and accretive to 2026 earnings.
Cloudflare (NET) climbed 5%, while T-Mobile (TMUS) also added 5% on solid quarterly results.