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Tesla, Alibaba rally; MercadoLibre falls in Thursday's afternoon market cap stock movers

EditorFrank DeMatteo
Published 07/11/2024, 20:54
© Reuters.

The trading floor is bustling with activity this Thursday, as stocks from mega to small caps experience notable intra-day movements. Investors are keenly observing the shifts, with Tesla (TSLA) and Alibaba (NYSE:BABA) enjoying upward momentum, while MercadoLibre (NASDAQ:MELI) faces a downturn. Here's a closer look at some of the significant stock movers of the day across different market capitalizations.

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

  • Tesla Motors (NASDAQ:TSLA): adds to gains on Trump victory; +3.47%
  • Alibaba-exch (BABA): +3.57%
  • Facebook Inc (NASDAQ:META): +3.47%
  • Avago Technologies (NASDAQ:AVGO): +2.37%
  • JP Morgan Chase (NYSE:JPM): -3.8%;
  • Wells Fargo (NYSE:WFC): -2.71%
  • American Express (NYSE:AXP): -2.35%
  • Home Depot (NYSE:HD): +2.47%
  • Servicenow Inc (NYSE:NOW): +2.2%
  • Adv Micro Device (NASDAQ:AMD): +2.79%

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

  • Applovin (APP): +45.93%; AppLovin (NASDAQ:APP) stock soars 27% on strong Q3 results and upbeat outlook
  • Zillow Group Inc (NASDAQ:ZG): +24.9%; Zillow Group shares surge 11% as Q3 results top estimates
  • Xpeng Inc (NYSE:XPEV): +17.56%
  • Mylan Inc (NASDAQ:VTRS): +15.29%
  • Epam Systems Inc (NYSE:EPAM): +14.31%; EPAM Systems beats Q3 estimates, raises full-year outlook; Stock up 6%
  • Klaviyo (NYSE:KVYO): -14.38%
  • Futu Holdings (NASDAQ:FUTU): +11.77%
  • Mckesson Corp (MCK): +11.62%; McKesson Corporation (NYSE:MCK) Reports Fiscal 2025 Second Quarter Results and Raises Full Year Adjusted EPS Guidance
  • Warner Bros. Discovery (NASDAQ:WBD): +11.4%; gains following EPS
  • MercadoLibre (MELI): -16.83%; Mercado Libre delivers solid Q3 results posting revenue of $5.3B driven by user and engagement surge across markets and businesses

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

  • Under Armour (NYSE:UA) (UAA): surges following Q3 results; +33.49%
  • Dutch Bros (BROS): +32.46%; Dutch Bros shares surge nearly 10% as Q3 results top estimates, guidance raised
  • dMY Technology Group III (IONQ): +32.95%; IonQ to acquire quantum networking firm Qubitekk
  • Freshworks Inc (FRSH): +28.15%; Freshworks Reports Third Quarter 2024 Results
  • Clear Secure (YOU): -23.59%
  • Lyft (NASDAQ:LYFT): jumps following earnings; +22.6%
  • Dentsply Intl Inc New (NASDAQ:XRAY): -27.44%; Dentsply Sirona Reports Third Quarter 2024 Results

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

  • Mandalay Digital Group Inc (NASDAQ:APPS): -45.43%; Digital Turbine Reports Fiscal 2025 Second Quarter Financial Results
  • FARO Technologies (NASDAQ:FARO): +33.46%
  • Cree Inc. (WOLF): -36.32%; Wolfspeed (NYSE:WOLF) shares tumble on weak guidance, disappointing first quarter
  • Wolverine World Wide Inc (NYSE:WWW): +32.87%; Wolverine World Wide stock jumps following Q3 beat and raise
  • Emergent Biosolutions Inc (NYSE:EBS): +28.08%; Emergent BioSolutions Supports New Clinical Trial Evaluating the Safety and Efficacy of Brincidofovir in Treating Mpox Virus Across Africa
  • Commscope Hlding (NASDAQ:COMM): -26.47%; CommScope Reports Third Quarter 2024 Results
  • MoneyLion (ML): +21.75%; MoneyLion Announces Third Quarter 2024 Results
  • Corrections Corp (NYSE:CXW): +23.86%; CoreCivic Reports Third Quarter 2024 Financial Results
  • Shenandoah Teleco (NASDAQ:SHEN): -21.85%; Shenandoah Telecommunications Company Reports Third Quarter 2024 Results

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

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