Facebook, Tesla Lead Market Cap Stock Movers on Tuesday

investing.com 03/12/2024 - 19:01 PM

Tuesday's Market Update

Tuesday's market has seen significant movements among a variety of stocks, particularly among mega-cap companies like Facebook Inc (NASDAQ:META) and Tesla Motors (NASDAQ:TSLA), which experienced notable intra-day changes. These shifts are also reflected in large-cap stocks, with companies such as Astera Labs (ALAB) and Applovin (APP) making headlines. Below are highlights of some of the biggest stock movers across different categories.

Mega-Cap Movers:

  • Facebook Inc (META): +2.42%; Accenture Ltd (NYSE:ACN): -3.26%; set to announce Q1 fiscal 2025 results
  • Tesla Motors (TSLA): -2.14%

Large-Cap Stock Movers:

  • Astera Labs (ALAB): +10.4%
  • Applovin (APP): +7.74%
  • Palantir Technologies Inc (NASDAQ:PLTR): +6.59%; secures FedRAMP High Authorization for cloud services
  • Snap Inc (NYSE:SNAP): +5.82%
  • Intel Corp (NASDAQ:INTC): -5.66%; approaches Marvell (NASDAQ:MRVL)'s Murphy in search for a new CEO – Bloomberg
  • Teva Pharmaceutical Inds Ltd (NYSE:TEVA): +5.62%
  • AngloGold Ashanti Ltd (NYSE:AU): +5.36%
  • Vector Acquisition (NASDAQ:RKLB): -5.69%
  • Zscaler Inc (NASDAQ:ZS): -5.14%; stock target upgraded, keeps buy rating on strong outlook
  • Microchip Technology Inc (NASDAQ:MCHP): -5.38%; revises revenue outlook, plans fab closure

Mid-Cap Stock Movers:

  • Janux Therapeutics (JANX): +54.83%; JANX007 shows promise in metastatic prostate cancer trial
  • Credo Technology Holding (CRDO): +44.91%; reports Q2 fiscal year 2025 financial results
  • TransMedics Group Inc (NASDAQ:TMDX): -15.29%; names new CFO, updates 2024 revenue forecast
  • Core Main (CNM): +15.43%; shares up over 6% on strong Q3 results
  • Fortress Value Acquisition Corp (NYSE:MP): +12.45%
  • AltC Acquisition (OKLO): -9.49%
  • Miniso Group Holding Ltd (MNSO): +9.6%
  • Tempus AI (TEM): -9.53%
  • Plug Power (NASDAQ:PLUG): -9.65%
  • Sunstone Hotel Investors Inc (NYSE:SHO): +10.07%

Small-Cap Stock Movers:

  • Zjk Industrial Ltd (ZJK): +134.45%; to produce NVIDIA (NASDAQ:NVDA) cooling components
  • PropTech Acquisition Corp (PRCH): +49.58%; Porch Group outlines growth strategy at Investor Day
  • Tuscan Holdings Corp (MVST): +29.72%
  • Two (LPA): -25.84%
  • GrafTech International (NYSE:EAF) Ltd (GTI): +17.46%; achieves technological breakthroughs with green graphite production
  • Uxin (NASDAQ:UXIN): +18.84%; partners with CATL subsidiary for used car battery swaps
  • GigCapital4 (BBAI): +22.5%
  • Thunder Bridge Acquisition II Ltd (INDI): -18.84%; indie Semiconductor launches $175 million notes offering
  • Sizzle Acquisition (CRML): +18.7%
  • GrafTech International (EAF): +14.78%

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