Sector Update: Consumer Stocks Mixed in Late Afternoon Trading

MT Newswires

Consumer stocks were mixed late Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.5% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 1.1%.

In corporate news, The New York Times shares fell 12% after the company's Q4 revenue trailed estimates by analysts.

Aurora Cannabis shares jumped 49% after the company posted a swing to profit in fiscal Q3.

Uber issued a downbeat Q1 gross bookings outlook despite reporting a surprise increase in earnings in Q4. The stock dropped 7.4%.

Mattel shares jumped 14% after a series of positive analyst actions as the company's Q4 earnings and revenue beat estimates by analysts, and 2025 guidance topped forecasts.

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Sector Update: Consumer

MT Newswires

New York Times

-11.92%

Consumer stocks were mixed late Wednesday afternoon, with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.4% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 1.1%.

In corporate news, The New York Times shares fell nearly 12% after its Q4 revenue came in below analysts' estimates.

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Truist Securities Cuts Price Target on Uber Technologies to $90 From $95, Buy Rating Maintained

MT Newswires

Uber Technologies

-7.56%

Uber Technologies has an average rating of buy and mean price target of $89.45, according to analysts polled by FactSet.

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Evercore ISI Cuts Uber Technologies Price Target to $115 From $120

MT Newswires

Uber Technologies

-7.56%

Uber Technologies has an average rating of buy and mean price target of $89.45, according to analysts polled by FactSet.

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Google, Johnson Controls lead market cap stock movers on Wednesday

Investing.com

Wednesday's market has seen significant movements across various stocks, with companies like Google Inc (NASDAQ:GOOGL) and Johnson Controls (NYSE:JCI) experiencing notable intra-day stock movements. Mega-cap stocks like Nvidia Corp (NASDAQ:NVDA) and Avago Technologies (NASDAQ:AVGO) also showed remarkable activity, while large-cap stocks such as Grab Holdings (NASDAQ:GRAB) and Johnson Controls (JCI) witnessed substantial percentage changes. Here are the highlights of today's stock movers, from mega-caps to small caps.

Mega-Cap Movers (Market Cap: $200B+):

Google Inc (GOOGL): -7.37%
Avago Technologies (AVGO): +6.01%
Nvidia Corp (NVDA); NVIDIA Responds to TRC Capital's 'Mini-Tender' Offer: +3.82%
Tesla Motors (NASDAQ:TSLA): -3.32%
Palantir Technologies Inc (NASDAQ:PLTR): -2.45%
Alibaba-exch (BABA): -2.51%
Abbott Laboratories (NYSE:ABT): +2.32%

Large-Cap Stock Movers (Market Cap: $10B-$200B):

Johnson Controls (JCI); Johnson Controls Reports Strong Q1 Results; Raises FY25 Guidance: +12.3%
Grab Holdings (GRAB): -9.88%
IDEX (NYSE:IEX); IDEX shares slip as Q1 earnings guidance disappoints following mixed Q4 results: -9.78%
Adv Micro Device (NASDAQ:AMD); AMD Reports Fourth Quarter and Full Year 2024 Financial Results: -7.54%
Ceridian HCM Holding Inc (NYSE:DAY); Dayforce Q4 shares dip as guidance falls short: -8.95%
Super Micro Compu (NASDAQ:SMCI); Supermicro Ramps Full Production of NVIDIA Blackwell Rack-Scale Solutions with NVIDIA HGX B200: +7.87%
Carlisle Companies Inc (NYSE:CSL (OTC:CSLLY)); Carlisle Companies Reports Fourth Quarter Results: -7.2%
Fiserv Inc (NYSE:FI); Fiserv Reports Fourth Quarter and Full Year 2024 Results: +7.91%
Uber Technologies Inc (NYSE:UBER); Uber Announces Results for Fourth Quarter and Full Year 2024: -7.16%
Snap Inc (NYSE:SNAP); ByteDance holding up TikTok process, waiting for signals from Beijing - Washington Post: -6.03%

Mid-Cap Stock Movers (Market Cap: $2B-$10B):

FMC Corp (NYSE:FMC); FMC shares tumble on revenue miss and weak guidance: -31.93%
Mueller Water Products Inc (NYSE:MWA); Mueller Water Products Reports 2025 First Quarter Results: +14.64%
Mattel Inc (NASDAQ:MAT); Mattel shares surge 8% on upbeat 2025 outlook, stellar results: +15.19%
Criteo Sa (NASDAQ:CRTO); CRITEO REPORTS RECORD FOURTH QUARTER 2024 RESULTS: +17.68%
Mercury Computer (NASDAQ:MRCY); Mercury Systems stock soars 16% after big revenue beat: +15.44%
RXO Inc (RXO); RXO shares fall nearly 5% after Q4 results: -13.52%
Michael Kors Holdings (NYSE:CPRI); Capri Holdings shares tumble over 5% as Q4 earnings miss expectations: -13.59%
Tempus AI (TEM); Tempus AI stock rating upgraded, PT raised to $74 by TD Cowen: +12.27%
Skyline Corp (NYSE:SKY); Champion Homes Announces Third Quarter Fiscal 2025 Results: +11.9%
Amentum Holdings LLC (AMTM); Amentum Reports First Quarter Fiscal Year 2025 Results and Reaffirms Full Year Guidance: +11.54%

Small-Cap Stock Movers (Market Cap: $300M-$2B):

GigCapital4 (BBAI); BigBear.ai secures DoD contract for AI media analysis: +43.79%
Grail (GRAL): +17.33%
Oric Pharmaceuticals Inc (ORIC): +13.58%
Sealsq (LAES); SEALSQ Strengthens Its Quantum-Safe Roadmap by Allocating Up To $20 Million Into Cutting-Edge Startup Investments: +14.48%
Soaring Eagle Acquisition (DNA): +16.62%
Cloudastructure (CSAI): -31.68%
Goldenbridge Acquisition (SDA); SunCar announces $50 million follow-on public offering: -25.24%
AMDL (AMDL): -15.37%
Allegiant Travel (NASDAQ:ALGT); Allegiant Travel posts Q4 earnings beat, but stock falls 4% on guidance miss: -12.56%
Soaring Eagle Acquisition (DNA): +16.62% (Duplicate entry, likely an error)

For real-time, market-moving news join Investing Pro.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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Top Midday Gainers

MT Newswires

Pasithea Therapeutics

+31.73%

Pasithea Therapeutics Corp. Warrants

+12.90%

Aurora Cannabis surged past 40% amid heavy trading after the company reported Wednesday a swing to profit in fiscal Q3, boosted by a higher fair value of its biological assets and medical cannabis revenue.

More than 62.8 million shares traded intraday compared with a daily average of nearly 869,000.

BigBear.ai Holdings said Wednesday it received a contract from the US Department of Defense Chief Digital and Artificial Intelligence Office to advance its Virtual Anticipation Network prototype. Financial terms were undisclosed.

Shares jumped 39% as intraday trading volume catapulted to over 198.8 million from a daily average of about 37 million.

Pasithea Therapeutics said Wednesday it received a positive recommendation from a safety review committee for its ongoing phase 1 trial of PAS-004 in advanced cancer to advance to the next dose cohort.

Shares climbed 30% as intraday trading volume surged to over 58.1 million from a daily average of about 44,000.

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Sector Update: Consumer Stocks Mixed in Afternoon Trading

MT Newswires

Consumer stocks were mixed Wednesday afternoon with the Consumer Staples Select Sector SPDR Fund (XLP) increasing 0.3% and the Consumer Discretionary Select Sector SPDR Fund (XLY) shedding 0.8%.

In corporate news, Walt Disney's fiscal Q1 results topped market expectations amid entertainment business strength, while the company recorded a sequential decline in Disney+ subscribers. The shares fell 1.7%.

Uber issued a downbeat Q1 gross bookings outlook despite reporting a surprise increase in earnings in Q4. The stock dropped 7.1%.

Mattel shares jumped 15% after a series of positive analyst actions as the company's Q4 earnings and revenue beat estimates by analysts, and 2025 guidance topped forecasts.

Risk Warnings and Disclaimers

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Sector Update: Consumer Stocks Mixed in Late Afternoon Trading

Sector Update: Consumer

Truist Securities Cuts Price Target on Uber Technologies to $90 From $95, Buy Rating Maintained

Evercore ISI Cuts Uber Technologies Price Target to $115 From $120

Google, Johnson Controls lead market cap stock movers on Wednesday

Top Midday Gainers

Sector Update: Consumer Stocks Mixed in Afternoon Trading

Risk Disclosure