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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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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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