Investment Learning

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

  • December 13, 2024

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%
  • 8x8 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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