Upside, Downside Movers

Upside:

-ABVX +14% (bounce following dropping >40% yesterday following ABTECT data)

-BCHT +12% (announces end of all remaining attempts using IPR petition to challenge patents)

-MRVL +12% (momentum following NVDA CEO endorsement; Evercore conference presentation)

-GME +10% (earnings, color)

-NVTS +10% (shows 800 V-to-6 V DC-DC PDB at NVIDIA AI Factory MGX Ecosystem Showcase)

-RZLT +9.3% (Citizens JMP Securities Raised RZLT to Market Outperform from Market Perform, price target: $11)

-AXSM +6.0% (resolves all SUNOSI patent litigation)

-INTC +6.0% (CFO highlights ramping 18A supply and CPU demand)

-DGXX +5.6% (commits $35M to buy NVIDIA Vera Rubin systems)

-MMED +5.3% (earnings; expands Abbott dual glucose-ketone sensor collaboration for MiniMed smart dosing systems)

-USAR +5.2% (finalizes definitive agreements with US Department of Commerce for up to $1.6B in CHIPS Program funding)

-OLLI +4.6% (earnings, guidance)

-SHW +3.6% (Nippon Paint and Sherwin-Williams desist from acquisition attempt of Akzo Nobel NV)

-M +2.5% (earnings, guidance)

-KBR +2.1% (awarded $8B-ceiling US Govt Antarctic Science and Engineering Support Contract)

Downside:

-YEXT -21% (earnings, color)

-CGNT -19% (earnings, guidance)

-ARES -6.5% (Partners Group caps private equity fund withdrawals)

-ARDT -6.4% (appoints Dave Caspers President and CEO, effective immediately)

-LUNR -6.3% (files to sell up to $500M in stock)

-GTLB -6.2% (Partners Group caps private equity fund withdrawals)

-KKR -6.0% (Partners Group caps private equity fund withdrawals)

-CXM -5.8% (earnings, guidance)

-HLNE -5.8% (Partners Group caps private equity fund withdrawals)

-THO -5.8% (earnings, guidance)

-APO -5.3% (complete Sale of ALTEMIRA, Leading Pan-Asian Aluminum Packaging Company)

-PANW -3.5% (earnings, guidance)

-ULTA -2.8% (earnings, guidance)

-ODD -2.3% (KeyBanc Capital Markets Cuts ODD to Sector Weight from Overweight)

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Posted by Doug Kass

Doug Kass is a world-renowned hedge fund manager with decades of experience and success navigating through some of the most turbulent periods in market history. He is known for his time-tested analytical skills and ability to look past the current noise and herd mentality. On TheStreet Pro, Kass provides frequent market commentary and investing ideas for active investors throughout each trading day in Doug’s Daily Diary. He also serves as president of Seabreeze Partners Management Inc. Previously, he served as a senior manager at Omega Advisors, a $6 billion investment partnership. He co-authored a book with Ralph Nader and the Center for the Study of Responsive Law called “Citibank: The Ralph Nader Report” and can be found as a guest host on CNBC's "Squawk Box." A Note from Doug: Current strategies and actionable trade ideas -- all on one dynamic platform built exclusively for active trades. From sudden sell-offs to sudden spikes, TheStreet Pro arms you with crucial analysis -- at a rapid fire, professional pace -- to help you make sound trading decisions -- every day, every hour, and every minute. Join me and my team of professional traders for unique perspectives and breakthrough investment opportunities.

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