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BUZZ-U.S. STOCKS ON THE MOVE-Avery Dennison, Snap-On, Avadel Pharma

Reuters·10/17/2024 18:05:34
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BUZZ-U.S. STOCKS ON THE MOVE-Avery Dennison, Snap-On, Avadel Pharma

Wall Street rose on Thursday, with the S&P 500 and the Dow briefly reaching record highs, as chip stocks surged on TSMC's upbeat forecast and stronger-than-expected monthly retail sales indicated a robust U.S. consumer. .N


At 13:36 ET, the Dow Jones Industrial Average .DJI was up 0.4% to 43,264.86. The S&P 500 .SPX was up 0.33% at 5,861.67 and the Nasdaq Composite .IXIC was up 0.57% at 18,472.093.

The top three S&P 500 .PG.INX percentage gainers:
** Snap-On SNA.N, up 8.5%
** The Travelers Companies TRV.N, up 7.9%
** Blackstone BX.N, up 7.3%

The top three S&P 500 .PL.INX percentage losers:
** Molina Healthcare MOH.N, down 12.9%
** Elevance Health ELV.N, down 11.6%
** Centene CNC.N, down 9.8%

The top two NYSE .PG.N percentage gainers:
** 1847 Holdings EFSH.N, up 70.3%
** Planet Green Holdings PLAG.N, up 13.6%

The top two NYSE .PL.N percentage losers:
** Vicarious Surgical RBOT.N, down 14.3%
** Molina Healthcare MOH.N, down 12.9%

The top three Nasdaq .PG.O percentage gainers:
** NuZee NUZE.O, up 515.2%
** Staffing 360 Solutions STAF.O, up 101.1%
** ShiftPixy PIXY.O, up 79.6%

The top three Nasdaq .PL.O percentage losers:
** Biodexa Pharmaceuticals BDRX.O, down 33.2%
** 180 Life Sciences ATNF.O, down 30.3%
** AGBA Group Holding ILLR.O, down 28.4%

** Rentokil Initial PLC RTO.N: up 7.5%
BUZZ - Tops FTSE 100 on expanding North America growth initiatives


** Expedia Group Inc EXPE.O: up 4.8%
BUZZ - Gains on report of Uber considering buyout of travel tech firm


** Lucid Group Inc LCID.O: down 16.2%
BUZZ - Slumps on stock sale, forecast of larger-than-expected Q3 loss


** Meta Platforms Inc META.O: up 0.6%
BUZZ - Edges higher on reports of layoffs, TD Cowen's PT hike


** CSX Corp CSX.O: down 5.6%
BUZZ - Falls after weak Q3 results



** Kinder Morgan Inc KMI.N: down 0.4%
BUZZ - Falls after missing third-quarter profit expectations


** Apple Inc AAPL.O: up 0.3%

** Nvidia Corp NVDA.O: up 3.0%

** Broadcom Inc AVGO.O: up 4.2%

** Intel Corp INTC.O: up 1.6%
BUZZ - US chip stocks rise after TSMC's strong Q3 results


** Elevance Health Inc ELV.N: down 11.6%
BUZZ - Slumps on 'perfect storm of underperformance', drags down rivals



** Capricor Therapeutics Inc CAPR.O: down 6.9%
BUZZ - Falls on pricing $75 mln stock offering



** Gritstone bio Inc GRTS.O: down 11.5%
BUZZ - Falls after reducing workforce



** Blackstone Inc BX.N: up 7.3%
BUZZ - Hits record high as Q3 profit exceeds Wall Street expectations



** Calumet Inc CLMT.O: up 0.3%

** Gevo Inc GEVO.O: up 20.0%
BUZZ - Shares rise after US offers conditional loan guarantees


** Travelers Companies Inc TRV.N: up 7.9%
BUZZ - Rises after Q3 profit soars



** ShiftPixy Inc PIXY.O: up 79.6%
BUZZ - More than triples on $150 mln deal for AI firm TurboScale


** Danaher Corp DHR.N: up 1.8%

** Thermo Fisher Scientific Inc TMO.N: up 1.4%
BUZZ - US life sciences firms get lift from Sartorius' results



** Uranium Energy Corp UEC.N: up 7.3%
BUZZ - Rises on US regulator approval of production boost at Wyoming plant


** Starbucks Corp SBUX.O: up 0.4%
BUZZ - Brokerage BTIG raises Starbucks' PT ahead of Q4 results


** Zuora Inc ZUO.N: up 6.2%
BUZZ - Rises as Silver Lake, GIC to take company private in $1.7 bln deal


** Equifax Inc EFX.N: down 2.1%
BUZZ - Drops after soft 2024 guidance

** Affirm Holdings Inc AFRM.O: down 7.3%
BUZZ - Slips as Apple offers Klarna's flexible payment options on Apple Pay


** Kezar Life Sciences Inc KZR.O: down 8.5%
BUZZ - Falls on terminating mid-stage lupus drug trial

** Steel Dynamics Inc STLD.O: up 5.5%
BUZZ - Rises after beating Q3 profit estimates



** Avery Dennison Corp AVY.N: up 1.3%
BUZZ - Rises after BofA upgrades to "buy", lifts PT

** Snap-On Inc SNA.N: up 8.5%
BUZZ - Rises after Q3 profit beat


** Xerox Holdings Inc XRX.O: up 3.1%
BUZZ - Up on deal to buy ITsavvy for $400 million


** Sage Therapeutics Inc SAGE.O: down 1.1%
BUZZ - To lay off more than half of R&D team, shares fall


** M&T Bank Corp MTB.N: up 5.1%
BUZZ - Rises on higher third-quarter profit


** Netflix Inc NFLX.O: down 1.0%
BUZZ - Falls ahead of Q3 results, investors to focus on growth strategy


** Avadel Pharmaceuticals Inc AVDL.O: up 4.5%
BUZZ - Rises as FDA expands approval for sleep disorder drug



** Discover Financial Services DFS.N: up 2.1%
BUZZ - Rises after Q3 profit surge


** Energous Corp WATT.O: up 1.9%
BUZZ - Rises following new CEO appointment



** ManpowerGroup Inc MAN.N: down 10.6%
BUZZ - Shares sink as it sees lower Q4 EPS after Q3 meets Street


** Iridium Communications Inc IRDM.O: up 12.3%
BUZZ - Jumps on Q3 results beat


** Crown Castle Inc CCI.N: down 3.6%
BUZZ - Falls after lower full-year net income forecast


** Badger Meter Inc BMI.N: down 9.4%
BUZZ - Sees sharpest decline in 4-1/2 yrs as Q3 results disappoint


** Procter & Gamble Co PG.N: down 0.1%
BUZZ - Seen posting languid revenue growth


** Amylyx Pharmaceuticals Inc AMLX.O: up 9.3%
BUZZ - Rises after positive data from genetic disorder drug trial


** Delcath Systems Inc DCTH.O: up 7.5%
BUZZ - Rises as co expects wider-than-estimated Q3 revenue


** WNS (Holdings) Ltd WNS.N: down 10.6%
BUZZ - Slumps after slashing FY25 results forecast


The 11 major S&P 500 sectors:

Communication Services

.SPLRCL

down 0.31%

Consumer Discretionary

.SPLRCD

up 0.29%

Consumer Staples

.SPLRCS

down 0.53%

Energy

.SPNY

down 0.01%

Financial

.SPSY

up 0.55%

Health

.SPXHC

down 0.42%

Industrial

.SPLRCI

down 0.26%

Information Technology

.SPLRCT

up 1.21%

Materials

.SPLRCM

down 0.08%

Real Estate

.SPLRCR

down 0.55%

Utilities

.SPLRCU

down 0.65%


(Compiled by Rajarshi Roy and Anshuman Tripathy)

((Anshuman.Tripathy@thomsonreuters.com;))