Closing Bell Movers: MongoDB jumps 14% on earnings beat and raise

In the first 90 minutes of the evening session, U.S. equity futures are down slightly, with S&P 500, Dow Industrials, and Nasdaq 100 all slipping about 0.1%.  In commodities, WTI Crude Oil continues to slip below $63 per barrel, while Gold and Silver are trading slightly firmer just above $3,400 and $34.65 respectively.

On Wednesday, S&P 500 and Dow Industrials opened stronger but closed the day near the lows.  Energy and Utilities were the worst performing sectors while Communication Services was at the forefront amid strength in Meta, Live Nation, and Netflix.  Treasury markets were especially volatile after a much softer than expected ADP employment report that may be foreshadowing weakness in non-farm payrolls on Friday.  10-year Treasury yields fell 10 basis points to 4.37% – a four-week low.  According to CME FedWatch tool, markets have also solidified expectations of a first Fed easing starting with its September meeting.

Check out this evening’s top movers from around Wall Street, compiled by The Fly.

HIGHER AFTER EARNINGS –

• Verint Systems (VRNT) up 19.3%
• Tilly’s (TLYS) up 14.6%
• Planet Labs (PL) up 14.0%
• MongoDB (MDB) up 13.9%
• Five Below (FIVE) up 3.7%
• Greif (GEF) up 2.3%

ALSO HIGHER –

• Liminatus Pharma (LIMN) up 73% after regaining Nasdaq listing compliance
• Applied Digital Corporation (APLD) up 8.1% after disclosing stake taken by CoreWeave (CRWV)

DOWN AFTER EARNINGS –

• ChargePoint Holdings (CHPT)
• BARK  (BARK) down 13.4%
• PVH Corp. (PVH) down 7.8%