BUZZ-U.S. STOCKS ON THE MOVE-Trade Desk, Nasdaq, RingCentral

Reuters
2024.09.04 15:47
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On Wednesday, U.S. stocks showed mixed results following a weak job openings report raising economic concerns. The Dow Jones was up 0.12%, while the S&P 500 dipped 0.07% and the Nasdaq fell 0.14%. Notable gainers included Insulet (up 5.5%) and WiSA Technologies (up 82.4%), while Dollar Tree saw a significant drop of 19.3%. Major movements also involved RingCentral, which fell 10.9% after a CFO resignation, while Trade Desk gained 1.5% after favorable coverage from BofA.

Eikon search string for individual stock moves: (STXBZ)

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The Morning News Call newsletter: here The Nasdaq slipped and the benchmark S&P 500 was flat on Wednesday after a soft job openings report fanned concerns about the health of the U.S. economy. (.N)

At 11:31 ET, the Dow Jones Industrial Average (.DJI) was up 0.12% at 40,985.39. The S&P 500 (.SPX) was down 0.07% at 5,525.19 and the Nasdaq Composite (.IXIC) was down 0.14% at 17,112.632.

The top three S&P 500 (.PG.INX) percentage gainers:

Insulet (PODD.O) , up 5.5%

Mondelez International (MDLZ.O) , up 4.5%

Tesla (TSLA.O) , up 4.2%

The top three S&P 500 (.PL.INX) percentage losers:

Dollar Tree (DLTR.O) , down 19.3%

Molina Healthcare (MOH.N) , down 8.8%

Centene (CNC.N) , down 7.8%

The top three NYSE (.PG.N) percentage gainers:

Torrid Holdings (CURV.N) , up 12.5%

Ryde Group (RYDE.N) , up 11.9%

Inspire Medical Systems (INSP.N) , up 10.7%

The top three NYSE (.PL.N) percentage losers:

Top Ships (TOPS.N) , down 28.1%

Theriva Biologics (TOVX.N) , down 23.5%

REV Group (REVG.N) , down 14%

The top three Nasdaq (.PG.O) percentage gainers:

WiSA Technologies (WISA.O) , up 82.4%

Faraday Future Intelligent Electric (FFIE.O) , up 51.5%

Asset Entities (ASST.O) , up 34.9%

The top three Nasdaq (.PL.O) percentage losers:

QMMM Holdings (QMMM.O) , down 28.7%

CURRENC Group (CURR.O) , down 22.5%

Dollar Tree (DLTR.O) , down 19.3%

Zscaler (ZS.O) : down 17.6%

BUZZ - Falls on downbeat FY25 forecast as clients spend less on cybersecurity

Athira Pharma (ATHA.O) : down 77.0%

BUZZ - Tumbles after Alzheimer’s drug fails trial

Starwood Property Trust (STWD.N) : down 4.0%

BUZZ - Falls on pricing $345 mln stock offering

Dollar Tree (DLTR.O) : down 19.3%

BUZZ - Slides after trimming annual profit, sales forecasts

Hormel Foods (HRL.N) : down 7.5%

BUZZ - Falls after annual sales forecast cut

PagerDuty (PD.N) : down 2.1%

BUZZ - Falls as brokerages cut PT after it trims annual revenue outlook

Sweetgreen (SG.N) : up 3.9%

BUZZ - Rises after TD Cowen upgrades to ‘buy’

Independence Realty Trust (IRT.N) : down 2.1%

BUZZ - Drops on pricing 10 mln share offering

TransDigm Group (TDG.N) : up 1.0%

BUZZ - JPM raises PT on TransDigm citing defense growth

GitLab (GTLB.O) : up 19.0%

BUZZ - Rises on annual forecast raise

Advanced Micro Devices (AMD.O) : up 3.3%

BUZZ - Rises after hiring former Nvidia executive Keith Strier

America’s Car-Mart (CRMT.O) : down 10.0%

BUZZ - Slumps on dour Q1 results

Ascendis Pharma (ASND.O) : down 13.0%

BUZZ - Falls on Q2 revenue miss

Asana (ASAN.N) : down 9.0%

BUZZ - Tumbles after Q3 outlook disappoints, FY guidance reduced, CFO change

AST SpaceMobile (ASTS.O) : up 15.5%

BUZZ - Rises after launch date for BlueBird satellites confirmed

Trade Desk (TTD.O) : up 1.5%

BUZZ - Gains as BofA starts coverage at “buy”

Transocean (RIG.N) : up 2.1%

BUZZ - Rises after $123 mln drillship contract with Reliance Industries

Nasdaq (NDAQ.O) : up 3.1%

BUZZ - Gains as BofA upgrades to ‘buy’

RingCentral (RNG.N) : down 10.9%

BUZZ - Falls after CFO resigns

The 11 major S&P 500 sectors:

Communication Services (.SPLRCL) up 0.27%

Consumer Discretionary (.SPLRCD) up 0.06%

Consumer Staples (.SPLRCS) up 0.32%

Energy (.SPNY) down 0.42%

Financial (.SPSY) up 0.16%

Health (.SPXHC) down 0.20%

Industrial (.SPLRCI) up 0.02%

Information Technology (.SPLRCT) down 0.42%

Materials (.SPLRCM) down 0.08%

Real Estate (.SPLRCR) up 0.19%

Utilities (.SPLRCU) up 0.94%

(Rajarshi Roy and Anuja Bharat Mistry)