Market Update: Notable Stock Movers on Tuesday

Tuesday's market has seen fluctuations, with some stocks moving significantly based on company news and various market factors. Mega-cap stocks like Walmart (NYSE:WMT) are showing strong growth, while large-cap stocks such as Super Micro Compu (NASDAQ:SMCI) are experiencing considerable volatility. Below, we review the day’s most notable stock movers across various market cap ranges, from the giants to the smaller players.

Mega-Cap Movers (Market Cap $200B+)

• Walmart (WMT): Reports strong revenue growth of 5.5% with operating income growing faster at 8.2%: +3.53%
• Home Depot (NYSE:HD): -1.39%
• Disney (NYSE:DIS): -1.51%

Large-Cap Stock Movers (Market Cap $10B-$200B)

• Super Micro Compu (SMCI): Appoints BDO as new independent auditor: +27.56%
• Vertiv (VRT): Expands its global liquid cooling portfolio: +6.54%
• Incyte Corp (NASDAQ:INCY): Provides update on early phase MRGPRX2 and MRGPRX4 programs: -11.13%
• Insmed (NASDAQ:INSM): +8.95%
• Intuit (NASDAQ:INTU): -5.71%
• Xpeng Inc (NYSE:XPEV): Announces strategic UK distributor partnership with IML: -5.61%
• Futu Holdings (NASDAQ:FUTU): Announces Q3 2024 unaudited financial results and special cash dividend: -3.97%

Mid-Cap Stock Movers (Market Cap $2B-$10B)

• SVF Investment 3 (SYM): Symbotic shares surge 10% on strong Q4 results: +22.19%
• C3 Ai Inc (NYSE:AI): C3 AI and Microsoft (NASDAQ:MSFT) form strategic alliance to accelerate enterprise AI adoption: +17.41%
• Apellis Pharma (NASDAQ:APLS): +10.71%
• Energizer Hldgs (NYSE:ENR): Shares inch higher as Q4 results top estimates: +12.11%
• Oscar Health (OSCR): +12.55%
• Lemonade Inc (NYSE:LMND): +12.24%
• CenturyLink (NYSE:LUMN): Announces expiration and results of certain previously-announced cash tender offers: -9.23%
• H & R Block Inc (NYSE:HRB): -7.63%
• dMY Technology Group III (IONQ): Advances hybrid quantum computing with new chemistry application and NVIDIA (NASDAQ:NVDA) CUDA-Q: +8.01%
• DJ Transportation Average (DJT): -0.83%

Small-Cap Stock Movers (Market Cap $300M-$2B)

• MSTU (MSTU): +9.51%
• Alumis (ALMS): +15.45%
• GigCapital4 (BBAI): +15.63%
• Silence Therapeutics NAS (SLN): Presents late-breaking Phase 2 Zerlasiran data at 2024 AHA annual meeting: -18.87%
• East Stone Acquisition Corp (NWTN): Receives Nasdaq staff delisting determination for non-compliance: -11.67%
• Applied Blockchain (APLD): +14.71%
• DPCM Capital (QBTS): +13.11%
• Digimarc Corp (NASDAQ:DMRC): +15.27%

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