Upside, Downside Movers in the Morning

Avatar photo Doug Kass on October 9, 2026

Upside

– $VEEA +45.0% (regained full Nasdaq listing compliance following its reverse stock split)

– $XRTX +21.0% (outlined planned FDA IND and Health Canada clinical-trial filings for XRx-026 in gout)

– $SAIQ +19.5% (confirmed an October satellite launch advancing its post-quantum secure-communications roadmap)

– $HUM +14.5% (2027 CMS Star Ratings exceeded its top-quartile revenue goal, with its largest contract returning above the bonus-payment threshold)

– $CLOV +11.5% (PPO plans earned 5 stars and the HMO plan earned 4.5 stars for 2027, strengthening 2028 payment and enrollment economics)

– $CCI +9.5%, SBAC +7.0%, AMT +7.0% (tower operators rally as SPCX’s low-band spectrum deal implies a terrestrial buildout and potential new-tenant demand)

– $FSLY +7.0% (Oppenheimer upgrades to Outperform with a $35 target on AI-traffic growth)

– $AAOI +6.0%, LITE +6.0%, COHR +4.5%, GLW +3.5% (optical names rise after LITE said AI-data-center demand has booked component capacity through early 2029)

– $ECHO +5.0% (SPCX’s additional spectrum purchase reinforces the value of ECHO’s existing spectrum and equity partnership)

– $SPCX +4.0% (agrees to acquire a nationwide 800 MHz spectrum portfolio for about $8B, strengthening its direct-to-device mobile push)

Downside

– $ALHC -23.0% (key California HMO contract fell to 3.5 stars, below the CMS quality-bonus threshold)

– $TMUS -7.5%, T -6.5%, VZ -6.0% (wireless carriers slide as SPCX’s nationwide low-band spectrum acquisition raises the threat of direct mobile competition)

– ASTS -3.0% (falls after SPCX acquired spectrum ASTS had pursued, increasing competitive and spectrum-access concerns)

– $CVS -3.0% (only about 69% of Medicare Advantage members are in 4-star-plus plans for 2027, down from 81% for 2026)

– $AAPL -2.5% (no clear fresh catalyst identified; unusually large mega-cap decline despite higher Nasdaq futures)

– $DAL -1.5%, LUV -2.0%, $UAL -1.5% ($DAL missed Q3 profit expectations and sharply cut its FY outlook as surging fuel costs overwhelmed strong demand)

Upside, Downside Moves in the Morning

Avatar photo Doug Kass on October 6, 2026

Upside

– $JAGX +35% (announces a special stock dividend)

– $OPCH +21% (reported takeover talks value the transaction at more than $5B including debt)

– $APOG +20% (Q2 beat sharply and the FY adjusted EPS and sales outlooks were raised above expectations)

– CEG +9.3% (reports of a potential $1B-plus hyperscaler nuclear-power agreement)

– $PENN +6.0%, BYD +2.7% (Deutsche Bank upgrades both to Buy, arguing recent regional-gaming weakness largely reflected calendar effects)

– $FRSH +5.2% (set to join the S&P SmallCap 600 before the October 8 open)

– $CLF +4.8% (Wells Fargo upgrades to Overweight on underappreciated 2027 earnings upside)

– $VST +4.8% (nuclear and data-center power sympathy following reports of another major hyperscaler supply agreement)

– $ZS +2.5% (reaffirms FY27 and Q1 revenue and adjusted EPS guidance)

– $AMD +1.9% (Citi raises its price target to $800)

Downside

– $SAIQ -15%, AMOD -15%, VEEA -13% (give back portions of Monday’s outsized speculative rallies)

– $WDC -2.9%, STX -2.6% (storage leaders retreat after sharp recent gains; no clear fresh company-specific catalyst identified)

– $PCVX -2.0% ($1B financing combines a $500M equity and pre-funded-warrant offering with $500M of convertible notes following the Phase 3 rally)