Summit Therapeutics, Moderna lead Thursday’s morning market cap stock movers

Thursday’s trading session is witnessing significant movements among stocks, particularly within the mega-cap and large-cap categories. Market dynamics are influenced by various factors, including company news and broader economic indicators, causing notable intra-day stock movements. Stocks such as Summit Therapeutics PLC (NASDAQ:SMMT) have surged, while Moderna (NASDAQ:MRNA) has experienced a sharp decline. Here’s an overview of some of the key stock movers across different market capitalization ranges.

Mega-Cap Movers

No mega-cap stocks to report on today as none of the stocks provided fall into this category.

Large-Cap Stock Movers

Summit Therapeutics PLC (SMMT): +19.86%; raises $235 million Moderna (MRNA); outlines pipeline progress, cost cuts: -17.27% NIO Inc (NIO): -6.97% Sirius Satellite Radio Inc (SIRI): -5.44% Discovery Holding Co (NASDAQ:WBD): +6.49% BeiGene (NASDAQ:BGNE): -6.59% Micron Tech (NASDAQ:MU): -3.85%; downgraded at Exane BNP

Mid-Cap Stock Movers

Signet Jewelers Limited (NYSE:SIG); shares leap 17% following Q2 earnings beat: +18.17% New Providence Acquisition Corp N (ASTS); AST SpaceMobile launches 5 satellites for direct mobile connectivity: -10.5% Medical Properties Trust Inc (NYSE:MPW); Takes Control of Its Real Estate From Steward Health Care: +8.71% Coeur dAlene Mines Corp (CDE): +12.09% Xpeng Inc (NYSE:XPEV): -6.56% Rubrik (RBRK): -6.27% CenturyLink (NYSE:LUMN): +8.18% DJ Transportation Average (DJT): +0.04% Tempus AI (TEM); Launches Beta Version of olivia, its AI-enabled Personal Health Concierge App for Patients: +3.22%

Small-Cap Stock Movers

Fulcrum Therapeutics Inc (NASDAQ:FULC); halts development of FSHD drug losmapimod: -60.23% The Providence Se (MODV): -43.99% NETGEAR (NTGR): +31.42%; settlement with TP-Link Systems JBDI Holdings Ltd (JBDI): +14.21% The Lovesac Company (NASDAQ:LOVE); Reports Second Quarter Fiscal 2025 Financial Results: +25.12% Torrid Holdings (CURV); sets price for 8 million share offering: -22.41% Aviat Networks (AVNW); to Delay Form 10-K Filing for Fiscal Year 2024: -18.12% Brown Shoe Comp Inc (CAL); stock tumbles on Q2 earnings miss, guidance cut: -18.39% Pet Acquisition LLC (WOOF): +21.18%

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