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Marvell, Credo Tech lead Friday’s market cap stock movers

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December 13, 2024
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Marvell, Credo Tech lead Friday’s market cap stock movers

Friday’s market has experienced notable fluctuations among stocks, particularly within the mega-cap and large-cap sectors. Significant intra-day stock movements are being driven by a variety of factors, with companies like Marvell Technology Group Ltd (NASDAQ:MRVL) and Credo Technology Holding (CRDO) seeing substantial gains, while others like Rubrik (RBRK) and Lamb Weston Holdings Inc (NYSE:LW) are on the decline. Here’s a rundown of some of the most impactful stock movers across different market cap ranges.

Mega-Cap Movers (Market Cap: $200 billion USD or higher):

Arm (ARM): +3.46%

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

Marvell Technology Group Ltd (MRVL): +10.44% Credo Technology Holding (CRDO): +8.62% Ciena (NYSE:CIEN): +5.66% Arista Networks (NYSE:ANET): +4.29% Rubrik (RBRK): -4.3% Lamb Weston Holdings Inc (LW); on watch on chatter: -2.68% Ke Holdings Inc (BEKE): -5.35% Coherent (NYSE:COHR): +2.22% Pinduoduo (NASDAQ:PDD): -3.21%

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

SoundHound AI (NASDAQ:SOUN): +15.58% Rstrtn Hrdwr Hld (NYSE:RH); Telsey upgrades RH shares target, market perform rating on strong demand: +14.88% Archer Aviation (ACHR): +8.23% Hut 8 Mining PK (HUT): +4.94% Upstart Holdings Inc (NASDAQ:UPST): +8.46% Penn National Gaming Inc (NASDAQ:PENN): +3.87% Oddity Tech (ODD): -4.64%

Small-Cap Stock Movers (Market Cap: $300 million -$2 billion USD):

Candel Therapeutics (CADL); Announces Pricing of Public Offering: -35.71% Bicycle Therapeutics Ltd (NASDAQ:BCYC); Announces Data Updates Across Zelenectide Pevedotin Program and Development Strategy Leveraging NECTIN4 Gene Amplification: -35.16% Esperion Th (NASDAQ:ESPR); Announces $210 Million Convertible Debt Financing: -18.24% Jupiter Neurosciences (JUNS): -15.42% 8×8 Inc (NASDAQ:EGHT): -17.63% Taskus (TASK): +13.49% Applied Opt (NASDAQ:AAOI): +10.79% ASP Isotopes (ASPI); ROSEN, A TOP-RANKED LAW FIRM, Encourages Investors to Secure Counsel Before Important Deadline in Securities Class Action (WA:ACT) – ASPI: +10.07%

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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.

This post appeared first on investing.com
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