Closing Bell Movers: Trade Desk jumps 14% on S&P500 inclusion
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Communication Services, Financials, and Real Estate were the best performing sectors in the S&P 500 while Energy was the worst performer amid slumping oil prices. Among standouts, Palantir (PLTR) and Autodesk (ADSK) were among the leading names. Also of note, Boeing (BA) and Coinbase (COIN) made new 52-week highs.
Investors are preparing for the release of the latest CPI inflation data on Tuesday morning and the possibility of stepped up pressure by President Trump on the Federal Reserve to cut rates sooner than later.
Check out this evening's top movers from around Wall Street, com compiled by The Fly.
HIGHER –
The Trade Desk (TTD) up 13.9% after being included in S&P500 Robinhood (HOOD) down 0.8%, AppLovin (APP) down 2.2%
Red Robin Gourmet Burgers (RRGB) up 7.6% after guiding Q2 comps
Cognyte Software (CGNT) up 2.3% after board authorizes new $20M share repurchase program
DOWN AFTER EARNINGS –
Equity Bancshares (EQBK) down 5.8%
FB Financial (FBK) down 5.0%
Simulations Plus (SLP) down 2.7%
ALSO LOWER –
La-Z-Boy (LZB) down 8.0% after announcing store network acquisition, guiding Q1 revenue at low end of prior range
Anavex Life Sciences (AVXL) down 1.0% after equity offering
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