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

EditorFrank DeMatteo
Published 09/12/2024, 10:48 AM
© Reuters.


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.

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