Super Micro, Tesla, Nvidia, Palantir, AMD, AppLovin, SoFi, Hershey, and More Movers
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Dec 09 2024
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Source: Barron's
Market Overview: Stocks mostly fell on Monday ahead of upcoming inflation data, with notable movements including Super Micro Computer's stock rising 3% after receiving a filing extension from Nasdaq, while Tesla saw a slight decline after reaching a record market capitalization.
Company Updates: Hershey's shares jumped 14% amid takeover speculation, while Interpublic Group rose 10% following its acquisition by Omnicom. Conversely, AppLovin dropped 16% after not being added to the S&P 500, and SoFi Technologies fell 4.2% due to a downgrade by analysts.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
