Closing Bell Movers: MongoDB jumps 22% on earnings beat and raise

After five consecutive winning days for U.S. indices, the first trading session of December got off to a rough start, and although investors recouped some losses mid-day, S&P 500 finished near the lows.   Treasury yields also rose across the curve, punishing small-caps, with Russell 2000 caving by a wider margin than its large-cap counterparts by over 1%.  Cyclical sectors performed mixed as tech saw a reversal of the recent sell-Nvidia (NVDA) / buy Alphabet (GOOGL) and their related names in the Open AI / Gemini 3 bifurcation theme, while strong performance out of Apple (AAPL) and Walmart (WMT) helped sustain Consumer names, though the more defensive sectors like Health Care and Utilities came under an especially heavy selling pressure.

In the opening hour of the evening session, Dow Industrials, Nasdaq 100, and S&P 500 e-minis are trading flat.  Crude Oil, meanwhile, remains firmer above $59 per barre after falling toward $57, with Energy also seen as the top performing sector on  Monday as signs of progress in the Russia-Ukraine conflict waned, diffusing expectations of increased oil supply.  In metals, Gold was up modestly for 5th straight day, but Silver is in the spotlight with another large gain to record highs above $58 per ounce.

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

HIGHER AFTER EARNINGS –

• MongoDB (MDB) up 21.8%
• Credo Technology (CRDO) up 17.1% 

ALSO HIGHER –

• Amtech Systems (ASYS) up 4.7% after Q4 pre-announcement

DOWN AFTER EARNINGS –

• Vestis (VSTS) down 5.0%

ALSO LOWER –

• Janux Therapeutics, Inc. (JANX) down 45.6% after interim data for JANX007
• Instacart (CART) down 5% after The Information report that Amazon.com is considering ultra-fast delivery service
• Amneal Pharmaceuticals (AMRX) down 2.5% after announcing FDA approval of cyclosporine ophthalmic emulsion 0.05%