Upside, Downside Movers in the Morning
Upside
– $RAPP +26% (Phase 2 RAP-219 trial met the primary and secondary endpoints in bipolar mania)
– $MSCI +5.9% (Q3 earnings and revenue topped expectations)
– $EFX +5.5% (sharply positive initial reaction to Q3 results released before the bell)
– $HTZ +5.0% (Oro Mobility secured an $80 million strategic equity investment to accelerate its standalone growth)
– $HAL +4.4% (Q3 earnings and revenue beat expectations)
– $SNY +2.4% (no clear fresh catalyst identified; unusually strong, liquid ADR move)
– $APA +1.9%, $XOM +1.2%, $CVX +1.4%, $COP +1.5%, $OXY +1.6%, $SLB +1.4% (energy names rise as crude jumps on renewed Middle East supply risks)
– $VICR +1.7% (Q3 product and royalty revenue surged and gross margin expanded sharply)
Downside
– $GM -7.6% (Q3 beat, but the full-year profit range was narrowed with the upper end cut, disappointing expectations for another guidance raise)
– $GPC -6.3% (quarter narrowly beat, but the full-year earnings range was narrowed and its upper end cut)
– $STLD -5.4% (Q3 profit missed consensus and fell below the company’s own guidance despite a revenue beat)
– $AAOI -4.6%, SKHY -4.8%, COHR -3.5%, SNDK -3.2%, MU -2.7%, LITE -2.7% (AI hardware, memory and optical names fall as renewed bubble concerns and a weak Korean AI listing pressure the trade)
– $CCK -4.3% (Q3 reaction turns negative as rising input costs offset strong beverage-can volume growth)
– $CRWV -3.9%, NBIS -4.4%, IREN -4.3% (debt-heavy AI-infrastructure names fall as borrowing-cost and funding concerns deepen)
– $GE -3.6% (Q3 beat and the outlook was raised, but shares slip in a high-expectations sell-the-news reaction)
– $BHP -3.0% (quarterly copper production fell 19% on lower grades, maintenance and operational disruptions)
– $AAPL -1.4% (Loop Capital downgrades to Hold from Buy and cuts its target on weaker iPhone shipment expectations)
