U.S. STOCKS ON THE MOVE-FedEx, Carvana, Sprouts Farmers Market, Ascendis Pharma
16/09/2024 19:20
*
Eikon search string for individual stock moves: STXBZ
*
The Day Ahead newsletter: https://refini.tv/3LI4BU7
*
The Morning News Call newsletter: https://refini.tv/3dKUyB8
Technology stocks weighed on the Nasdaq and the S&P 500 on Monday as prudent
investors awaited a pivotal monetary policy decision from the Federal Reserve
later in the week and most traders priced in a steep reduction in borrowing
costs. .N
At 13:40 ET, the Dow Jones Industrial Average .DJI was up 0.43% at
41,573.37. The S&P 500 .SPX was up 0.01% at 5,626.8 and the Nasdaq Composite
.IXIC was down 0.79% at 17,544.827.
The top three S&P 500 .PG.INX percentage gainers:
** Bath & Body Works BBWI.N , up 6%
** Oracle ORCL.N , up 5.4%
** Vistra VST.N , up 4.7%
The top three S&P 500 .PL.INX percentage losers:
** Qorvo QRVO.O , down 7%
** Skyworks Solutions SWKS.O , down 6.2%
** Micron Technology MU.O , down 4.8%
The top three NYSE .PG.N percentage gainers:
** Li-Cycle Holdings LICY.N , up 32.9%
** Container Store Group TCS.N , up 21.6%
** Vince Holding VNCE.N , up 16.4%
The top two NYSE .PL.N percentage losers:
** Healthy Choice Wellness HCWC.N , down 42.2%
** Perspective Therapeutics CATX.N , down 13%
The top three Nasdaq .PG.O percentage gainers:
** NuCana NCNA.O , up 163%
** REE Automotive REE.O , up 42.7%
** Wheeler Real Estate Investment Trust WHLR.O , up 36.1%
The top three Nasdaq .PL.O percentage losers:
** JBDI Holdings JBDI.O , down 85.1%
** iTeos Therapeutics ITOS.O , down 26.9%
** SMX SMX.O , down 24.4%
** Intel INTC.O : up 3.4%
BUZZ - Gains on report of qualifying for $3.5 bln grant to make chips for US
military urn:newsml:reuters.com:*:nL4N3KY0DA
** Iteos Therapeutics ITOS.O : down 26.9%
BUZZ - Falls after mid-stage study results for lung cancer drug urn:newsml:reuters.com:*:nL4N3KY0UO
** Bausch + Lomb BLCO.N : up 13.9%
BUZZ - Gains after report co exploring sale urn:newsml:reuters.com:*:nL4N3KY0FB
** Coinbase Global COIN.O : down 1.2%
** Bitfarms BITF.O : down 3.2%
** Riot Platforms RIOT.O : down 3.6%
** Hut 8 Mining HUT.O : down 1.9%
BUZZ - Crypto stocks slump on bitcoin weakness urn:newsml:reuters.com:*:nL4N3KY0SD
** Alcoa AA.N : up 6.9%
BUZZ - Rises after sale of $1.1 bln stake in Ma’aden joint venture urn:newsml:reuters.com:*:nL4N3KY0VE
** Trump Media & Technology Group DJT.O : down 3.2%
BUZZ - Resumes slump after new assassination attempt on Trump; lock-up
expiration looms urn:newsml:reuters.com:*:nL1N3KY0JK
** Intercontinental Exchange ICE.N : up 1.0%
BUZZ - J.P. Morgan raises Intercontinental Exchange's PT on strong energy
trading urn:newsml:reuters.com:*:nL4N3KY0FE
** Zillow Group ZG.O : up 4.9%
BUZZ - Rises; Wedbush upgrades to 'outperform', lifts PT urn:newsml:reuters.com:*:nL4N3KY0IX
** Nuvalent NUVL.O : up 22.3%
BUZZ - Gains after brokerages raise PT on promising cancer therapy data
urn:newsml:reuters.com:*:nL4N3KY0US
** Zentalis Pharmaceuticals ZNTL.O : up 19.3%
BUZZ - Gains as FDA lifts partial clinical hold on cancer drug studies
urn:newsml:reuters.com:*:nL4N3KY0KO
** FedEx FDX.N : up 2.1%
BUZZ - Bernstein raises FedEx PT on reduced cost of operations urn:newsml:reuters.com:*:nL4N3KY0KP
** Upstart Holdings UPST.O : down 3.6%
BUZZ - Slides on planned $300 mln convertible debt deal urn:newsml:reuters.com:*:nL1N3KY0E8
** Builders FirstSource BLDR.N : up 3.0%
BUZZ - Rises after Truist upgrade urn:newsml:reuters.com:*:nL4N3KY0OR
** Lattice Semiconductor LSCC.O : up 12.7%
BUZZ - Rises; appoints new CEO urn:newsml:reuters.com:*:nL4N3KY0PI
** REE Automotive REE.O : up 42.7%
BUZZ - Rises on $45 mln fund raise, Motherson tie-up urn:newsml:reuters.com:*:nL4N3KY0QL
** Charles Schwab SCHW.N : up 2.7%
BUZZ - Up after reporting higher client assets in August urn:newsml:reuters.com:*:nL4N3KY0S7
** CACI International CACI.N : up 3.6%
BUZZ - Rises after $1.28 bln Azure Summit deal urn:newsml:reuters.com:*:nL4N3KY0TI
** Complete Solaria CSLR.O : up 19.5%
BUZZ - Gains after emerging as winning bidder for SunPower assets urn:newsml:reuters.com:*:nL4N3KY0TU
** Sterling Bancorp SBT.O : down 19.7%
BUZZ - Tumbles after agreeing to $261 mln sale urn:newsml:reuters.com:*:nL4N3KY0UQ
** Icahn Enterprises IEP.O : up 9.0%
BUZZ - Shares jump after lawsuit dismissal, no-sell assurance urn:newsml:reuters.com:*:nL4N3KY0VO
** Yelp YELP.N : down 3.8%
BUZZ - Shares fall as BofA initiates coverage with bearish rating urn:newsml:reuters.com:*:nL1N3KY0KQ
** Mosaic MOS.N : down 4.5%
BUZZ - Falls as it sees lower Q3 potash, phosphate production urn:newsml:reuters.com:*:nL4N3KY0WP
** QXO QXO.O : down 5.1%
BUZZ - Slips after Rexel rejects co's $9.4 billion takeover bid urn:newsml:reuters.com:*:nL4N3KY0Y6
** Boeing BA.N : down 1.2%
BUZZ - To freeze hiring, weigh furloughs; shares down urn:newsml:reuters.com:*:nL4N3KY0ZA
** New York Community Bancorp NYCB.N : up 7.0%
BUZZ - Climbs after Flagstar unit boosts ranks with four new hires urn:newsml:reuters.com:*:nL4N3KY0ZU
** Carvana CVNA.N : up 8.1%
BUZZ - Jumps after Evercore ISI raises PT urn:newsml:reuters.com:*:nL4N3KY110
** Apple AAPL.O : down 3.0%
** Qorvo QRVO.O : down 7.0%
** Micron Technology MU.O : down 4.8%
** Skyworks Solutions SWKS.O : down 6.2%
BUZZ - Worries about weak iPhone demand put pressure on chipmakers urn:newsml:reuters.com:*:nL1N3KY0OP
** Sprouts Farmers Market SFM.O : up 5.5%
BUZZ - Rises after Evercore upgrades to 'outperform' urn:newsml:reuters.com:*:nL4N3KY11A
** Lazydays Holdings GORV.O : up 7.1%
BUZZ - RV retailer Lazydays announces CEO exit; shares up urn:newsml:reuters.com:*:nL4N3KY10D
** AeroVironment AVAV.O : down 8.8%
BUZZ - Plummets on contract suspension urn:newsml:reuters.com:*:nL4N3KY12C
** Simon Property Group SPG.N : up 1.2%
BUZZ - Gain after Evercore upgrades to 'outperform', raises PT urn:newsml:reuters.com:*:nL4N3KY12L
** Ascendis Pharma ASND.O : up 19.5%
BUZZ - Rises on positive trial data for dwarfism therapy urn:newsml:reuters.com:*:nL4N3KY139
The 11 major S&P 500 sectors:
Communication Services .SPLRCL up 0.41%
Consumer Discretionary .SPLRCD down 0.34%
Consumer Staples .SPLRCS up 0.23%
Energy .SPNY up 0.87%
Financial .SPSY up 1.05%
Health .SPXHC up 0.55%
Industrial .SPLRCI up 0.51%
Information Technology .SPLRCT down 1.05%
Materials .SPLRCM up 0.70%
Real Estate .SPLRCR up 0.44%
Utilities .SPLRCU up 0.87%
(Rajarshi Roy and Neil J Kanatt)
((Neil.JKanatt@thomsonreuters.com))