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Cisco, Nvidia lead mega-cap stock movers Wednesday afternoon

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October 16, 2024
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Cisco, Nvidia lead mega-cap stock movers Wednesday afternoon

Wednesday’s market has seen notable movements in various stocks from mega-caps to large-caps, driven by recent news and market trends. Stocks like Cisco Systems Inc (NASDAQ:CSCO) and Nvidia Corp (NASDAQ:NVDA) are experiencing gains, while others across different market cap categories also show significant movements. Here’s an overview of some of the biggest stock movers of the day.

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

Cisco Systems Inc (CSCO); Cisco stock upgraded on AI potential and narrowing peer discount, says Citi: +3.52% Nvidia Corp (NVDA): positive Blackwell comments; +3.42% United Health Group (UNH): rebounds after earnings-related sell-off; +2.67% Visa Inc (NYSE:V); Visa and Analytic Partners Announce Multi-Year Deal to Transform Commercial Analytics for Merchants and Brands: +2.59%

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

United Continental (UAL); United Airlines announces $1.5 billion buyback, exceeds Q3 EPS forecast: +13.25% Summit Therapeutics PLC (NASDAQ:SMMT): +9.07% Coinbase Global (NASDAQ:COIN): +6.86% Morgan Stanley (MS); Morgan Stanley Reports Third Quarter 2024 Earnings Results: +6.66% Delta Air Lines New (NYSE:DAL): strong results from airline peers; +5.89% Ke Holdings Inc (BEKE): +5.23% Universal Health Services (NYSE:UHS): +5.25% US Bancorp (NYSE:USB); US Bancorp posts Q3 earnings beat, but revenue misses estimates: +4.65%

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

Novavax (NASDAQ:NVAX); Update on Novavax’s COVID-19-Influenza Combination and Stand-alone Influenza Phase 3 Trial: -18.09% dMY Technology Group III (IONQ); IonQ to Report Third Quarter 2024 Financial Results on November 6, 2024: +14.82% Enovix (ENVX): falls on some insider selling; -10.1% Fluor Corp (NYSE:FLR): +8.94% New Providence Acquisition Corp N (ASTS): +9.09% Vector Acquisition (RKLB): +8.67% Kymera Therapeutics Inc (KYMR): +7.37% Fortress Value Acquisition Corp (MP): +7.01% Mirion Technologies (MIR): +7.26%

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

Frequency Therapeutics Inc (KRRO): +112.55% Wave Life Sciences Ltd (NASDAQ:WVE); announced first-ever therapeutic RNA editing in humans: +74.07% AltC Acquisition (OKLO): nuclear stocks gain as Amazon (NASDAQ:AMZN) joins race for nuclear development; +36.57% Nuscale Power (SMR): nuclear stocks gain as Amazon joins race for nuclear development; +32.16% Nano Nuclear Energy (NNE) nuclear stocks gain as Amazon joins race for nuclear development; NANO Nuclear names ex-DOE CFO Vonglis as advisory board chair: +30.14% XCHG Ltd ADR (XCH): +24.46% Slater & Gordon Limited (SGH): -24.77% Altus Power (AMPS); Altus Power explores strategic alternatives to boost value: +22.35% Cree Inc. (NYSE:WOLF): adds to gains after receiving $750 million U.S. chip grant; +21.47% Voyager Therapeutics Inc (NASDAQ:VYGR): new Outperform rating at Leerink; +14.74%

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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