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Nvidia, Alibaba among morning market cap stock movers on Monday

by October 14, 2024
written by October 14, 2024

Monday’s stock market has observed notable movements in both directions among the mega-cap and large-cap categories. Stocks such as Nvidia Corp (NASDAQ:NVDA) experienced an uptick, while Pinduoduo (NASDAQ:PDD) and Alibaba-exch (BABA) saw declines. This article provides an overview of today’s most significant stock movers, from the largest companies by market capitalization to smaller entities.

Mega-Cap Movers (Market Cap $200B+):

Nvidia Corp (NVDA); gains on positive analsyt comments; +3.3%
Pinduoduo (PDD); continues lower on China consolidation; -3.81%
Alibaba-exch (BABA); China consolidation; -0.9%
Adobe Sys Inc (NASDAQ:ADBE); Adobe unveils over 100 Creative Cloud updates and AI tools; +3.26%

Large-Cap Stock Movers (Market Cap $10B-$200B):

Flutter Entertainment PLC (FLUT); analyst defend the company; +3.9%
FBTC NYSE (FBTC); +4.62%
Arm (ARM); +4.94%
Xpeng Inc (NYSE:XPEV); -7.09%
Baidu-Exch (BIDU); -3.87%
Freeport Mcm (FCX); -3.22%
Soc Quimica ADR (SQM); -3.48%

Mid-Cap Stock Movers (Market Cap $2B-$10B):

Hims & Hers (HIMS); FDA to reconsider barring compounded versions of Eli Lilly (NYSE:LLY)’s weight loss drug; +9.12%
Upstart Holdings Inc (NASDAQ:UPST); upgraded at Wedbush; +11.89%
CleanSpark (NASDAQ:CLSK); +7.66%
Bausch + Lomb (BLCO); TPG, Blackstone (NYSE:BX) Team Up to Bid for Bausch + Lomb Corporation (BLCO) – FT; +6.91%
Sirius Satellite Radio Inc (SIRI); Buffett’s Berkshire adds to stake; +7.2%
Social Capital Hedosophia V (SOFI); SoFi (NASDAQ:SOFI) enters $2 billion loan platform deal with Fortress Group; +9.22%
New Fortress Energy LLC (NASDAQ:NFE); -4.37%
ARKB NYSE (ARKB); +4.53%

Small-Cap Stock Movers (Market Cap $300M-$2B):

Longboard Pharmaceuticals (LBPH); acquired in $2.6B deal with Lundbeck; +51.25%
Stoke Therapeutics Inc (NASDAQ:STOK); +8.53%
GH Research (GHRS); +6.11%
Urogen Pharma Ltd (NASDAQ:URGN); EF Hutton initiates UroGen Pharma shares with Buy rating; +3.25%
Northeast Bancorp (NASDAQ:NBN); +4.59%
BITX (BITX); +9.02%
Hudson (NYSE:HUD) Executive Investment (TALK); +5.71%
UP Fintech Holding (TIGR); -9.15%
Dingdong ADR (DDL); -5.25%

For real-time, market-moving news, join Investing Pro.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

This post appeared first on investing.com
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