Top Stock Movers – June 16, 2025

Top Stock Movers – June 16, 2025

Monday, June 16, 2025 / No Comments

 

Markets rallied Monday as investors grew more confident that the conflict between Israel and Iran may not escalate further. The Dow, S&P 500, and Nasdaq all climbed roughly 1% by midday, buoyed by easing oil prices and a tech sector rally led by AMD.

Oil futures slumped on the de-escalation hopes, triggering a sharp rebound in travel stocks. United Airlines (UAL) and Carnival (CCL) both soared, reflecting optimism that fuel costs won’t spike in the near term.

Semiconductor giant Advanced Micro Devices (AMD) stole the spotlight as the top performer in the S&P 500, after Piper Sandler raised its price target, citing strong demand for AMD’s new Helios server chips. The upgrade unleashed investor enthusiasm across the chip sector.

Elsewhere, EchoStar (SATS) shares surged on reports that former President Donald Trump stepped in to help resolve regulatory issues that threatened the company’s valuable satellite spectrum.

MGM Resorts (MGM) also saw gains, thanks to BetMGM raising its full-year guidance. That momentum spilled over to rivals Las Vegas Sands (LVS) and Wynn Resorts (WYNN), pushing their stocks higher.

On the flip side, falling oil prices weighed on energy producers. Shares of APA (APA) and Diamondback Energy (FANG) dropped. Defense contractors like Lockheed Martin (LMT) and Northrop Grumman (NOC) also declined, as the possibility of broader military engagement waned.

Meanwhile, Sarepta Therapeutics (SRPT) plunged following tragic news that a second patient on its Elevidys gene therapy for Duchenne muscular dystrophy had died from acute liver failure.

Top Stock Movers – June 12, 2025

Top Stock Movers – June 12, 2025

Thursday, June 12, 2025 / No Comments

 

U.S. markets showed little overall direction Thursday, with the S&P 500 and Nasdaq inching higher while the Dow slipped, as a second inflation reading this week the Producer Price Index (PPI) came in cooler than expected. The report added fuel to investor hopes for interest rate cuts later this year.

Oracle (ORCL) topped the leaderboard in the S&P 500 after reporting quarterly results that exceeded Wall Street expectations. The tech giant also raised its outlook, pointing to robust demand for its cloud infrastructure offerings.

Boeing (BA) was sharply lower after a tragic crash involving one of its 787 Dreamliners in India that killed over 200 passengers, marking another setback for the embattled aerospace company.

In other major movers:

CureVac (CVAC) shares soared after agreeing to a $1.25 billion all-stock buyout by fellow German biotech firm BioNTech (BNTX). The acquisition comes as both firms aim to expand their presence in cancer treatment research. BioNTech’s ADRs were little changed in U.S. trading.

Newmont (NEM) and other major gold producers rallied, benefiting from a rise in gold prices, which hit their highest levels in over a month. Traders cited growing expectations for looser monetary policy.

Oxford Industries (OXM), parent company of Tommy Bahama, sank after slashing its forward guidance. The firm cited weaker consumer sentiment and the drag of renewed tariffs.

GameStop (GME) tumbled following its announcement of a $1.75 billion convertible bond offering, raising concerns over shareholder dilution and the company's ongoing turnaround efforts.

Top Stock Movers – June 05, 2025

Top Stock Movers – June 05, 2025

Thursday, June 5, 2025 / No Comments

 

U.S. stocks climbed in midday trading Thursday after former President Donald Trump announced renewed trade talks with Chinese President Xi Jinping, lifting investor sentiment across Wall Street. The Dow, S&P 500, and Nasdaq all advanced following the remarks.

Dollar Tree (DLTR) rebounded sharply after JPMorgan upgraded the stock and raised its price target, citing improved confidence in the retailer’s long-term trajectory. The upgrade helped DLTR recover from Wednesday’s sharp decline.

Five Below (FIVE) surged after the discount chain posted stronger-than-expected earnings and revenue. The company raised its guidance on the back of increased transactions and strong sales from new store openings.

Tractor Supply (TSCO) also saw gains, buoyed by a positive growth outlook delivered by executives at Baird’s Consumer, Technology & Services Conference.

In contrast, Brown-Forman (BF.B) plunged, becoming the S&P 500’s worst performer. The Jack Daniel’s maker warned of “an exceptionally challenging macroeconomic environment” that could weigh heavily on its financial results over the next year.

PVH Corp. (PVH), parent company of Calvin Klein and Tommy Hilfiger, saw shares drop after warning that full-year profit would take a hit due to newly imposed U.S. tariffs.

Shares of Kimberly-Clark (KMB) edged lower as the company sold a majority stake in its international tissue business to Brazilian paper giant Suzano.

Top Stock Movers – June 04, 2025

Top Stock Movers – June 04, 2025

Wednesday, June 4, 2025 / No Comments

 

U.S. stocks were modestly higher midday Wednesday, lifted by a surprise miss in private-sector hiring that sent Treasury yields tumbling and revived hopes for lower interest rates.

Homebuilders Rally

Shares of D.R. Horton (DHI) and other major homebuilders saw solid gains as falling bond yields translated into lower borrowing costs. The move was further fueled by renewed pressure from former President Donald Trump, who called on the Federal Reserve to slash interest rates.

Wells Fargo Climbs

Wells Fargo (WFC) rose after the Federal Reserve removed the asset cap imposed on the bank back in 2018 following its fake-accounts scandal. The move signals progress in Wells Fargo’s efforts to regain regulatory confidence.

Thor Industries Surprises to the Upside

Shares of Thor Industries (THO) advanced as the RV maker topped both earnings and revenue expectations. Strong demand across North America and successful cost-cutting initiatives helped fuel the beat.

Dollar Tree Tanks

Dollar Tree (DLTR) was the worst performer in the S&P 500, plunging after the company warned that new U.S. tariffs could slash current-quarter profit by up to 50%. The discount retailer flagged higher costs tied to its import-heavy product line.

CrowdStrike Slides

Shares of CrowdStrike (CRWD) dropped as the cybersecurity firm issued weak forward guidance, citing lingering effects from last year’s global IT outage caused by a software bug in its systems.

Tesla Loses Ground

Tesla (TSLA) shares slipped after the EV giant reported lower vehicle sales in major European markets including the UK, Germany, and Italy in May, raising concerns about regional demand trends.

Top Stock Movers – June 03, 2025

Top Stock Movers – June 03, 2025

Tuesday, June 3, 2025 / No Comments

 

U.S. stock indexes were modestly higher by midday Tuesday as investors monitored developments in trade negotiations. The Dow, S&P 500, and Nasdaq each edged upward in light trading.

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.

Top Stock Movers – June 02, 2025

Top Stock Movers – June 02, 2025

Monday, June 2, 2025 / No Comments

 

U.S. stocks were mixed at midday Monday as fresh trade tensions with China and new White House tariff proposals stirred market volatility. The Dow Jones Industrial Average fell 0.5%, the S&P 500 dipped 0.1%, while the tech-heavy Nasdaq managed a 0.2% gain.

Automakers Sink on Tariff Talk

Shares of the “Big Three” U.S. automakers: Ford (F), General Motors (GM), and Stellantis (STLA) fell sharply after former President Donald Trump announced plans late Friday to double tariffs on steel imports to 50%. The move, he claimed, was in response to China “totally violating” the trade agreement reached in Geneva last month.

In retaliation, China accused the U.S. of breaching the deal and hinted at potential countermeasures, rekindling concerns over a full-blown trade war.

Steel Stocks Jump

While automakers took a hit, domestic steel producers soared on the tariff news. Cleveland-Cliffs (CLF), Steel Dynamics (STLD), and Nucor (NUE) all posted strong gains as investors bet on rising steel prices and demand for U.S.-produced steel.

Moderna Rallies on FDA Approval

Moderna (MRNA) surged after the FDA approved its latest COVID-19 vaccine, mNEXSPIKE, for use in adults 65 and older and for those aged 12 to 64 with at least one underlying risk factor. The announcement adds a new revenue stream for the biotech firm as the virus continues to evolve.

Biotech Deal Boosts Blueprint Medicines

Shares of Blueprint Medicines (BPMC) jumped after Sanofi (SNY) agreed to acquire the Cambridge-based biopharma company in a deal valued up to $9.5 billion, boosting confidence in the M&A pipeline for biotech.

Top Stock Movers – May 29, 2025

Top Stock Movers – May 29, 2025

Thursday, May 29, 2025 / No Comments

 

U.S. markets lost early momentum by midday, with the major indexes turning mixed after a federal trade court ruled against certain tariffs imposed during the Trump administration. The S&P 500 and Nasdaq held on to modest gains, while the Dow Jones Industrial Average edged lower.

Big Tech in Focus

Nvidia (NVDA) surged after the chipmaker delivered earnings that beat Wall Street forecasts and issued a strong outlook for continued demand in artificial intelligence (AI). Investors cheered the results, which underscore Nvidia’s dominant position in the AI hardware market.

Fellow AI firm C3.ai (AI) also saw its shares jump sharply. The company topped earnings expectations, citing increased adoption of generative AI solutions, and extended its partnership with energy services giant Baker Hughes (BKR).

Consumer Sector on the Move

Shares of E.l.f. Beauty (ELF) soared as the cosmetics brand reported stronger-than-expected earnings and confirmed the acquisition of skincare company Rhode, founded by Hailey Bieber, in a deal worth up to $1 billion.

On the downside, HP (HPQ) slumped after posting weaker-than-expected results. The PC and printer maker blamed tariffs for the earnings miss and lowered its forward guidance.

Best Buy (BBY) joined HP in warning about tariff impacts. The electronics retailer cut its outlook, sending shares lower. Meanwhile, Starbucks (SBUX) declined following a downgrade from TD Cowen, which flagged concerns about the coffee chain’s profitability.

Top Stock Movers – May 28, 2025

Top Stock Movers – May 28, 2025

Wednesday, May 28, 2025 / No Comments

 

U.S. equities traded lower at midday Wednesday as investors braced for the release of the Federal Reserve's latest meeting minutes and an eagerly anticipated earnings report from chipmaker Nvidia. The Dow Jones Industrial Average, S&P 500, and Nasdaq all posted losses in early afternoon trading.

Homebuilder stocks were among the hardest hit after new data showed mortgage rates climbing to their highest levels since January. Shares of D.R. Horton (DHI), Pulte Group (PHM), and Lennar (LEN) each declined sharply as rising borrowing costs threatened housing demand.

In the tech sector, Okta (OKTA) shares fell after the identity management firm held off on raising its full-year guidance, citing macroeconomic uncertainty despite a strong first quarter.

Meanwhile, GameStop (GME) shares plunged after the company revealed it had spent over $500 million purchasing 4,710 bitcoin, sparking investor concerns over the retailer’s strategic direction.

On the upside, Abercrombie & Fitch (ANF) delivered a surprise beat on earnings, sales, and forward guidance, sending its shares surging. The fashion retailer reported strong demand for its Hollister brand, fueling optimism for the rest of the year.

Vail Resorts (MTN) shares rallied after the company announced a leadership shake-up, with former CEO Rob Katz returning to replace Kirsten Lynch.

Elsewhere, Warner Bros. Discovery (WBD) rose on news that CNN COO David Leavy would step down and return to the parent company, reigniting speculation about strategic changes within the media conglomerate.