Closing Bell Movers: Nebius up over 40% on Microsoft deal

In the opening hour of the evening session, U.S. equity futures are up marginally, with S&P 500, Nasdaq 100, and Dow Industrials all rising 0.1%.  In commodities, WTI Crude Oil is finding further footing with a 0.3% early gain above $62.40 per barrel, while Gold and Silver are near Monday’s highs around $3,670 and $41.90 per ounce respectively.  

Tech and Consumer Discretionary were the best performing sectors on the S&P 500 on Monday, with Uber (UBER), Broadcom (AVGO), and Amazon.com (AMZN) performing especially strongly.  The names included into the index late on Friday – Robinhood (HOOD) and AppLovin (APP) – also had double-digit gains.  Utilities and Real Estate underperformed however despite continued pressure on Treasury yields, with 10-year slipping to a five-month low of 4.05%.  

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

HIGHER AFTER EARNINGS –

• Mission Produce (AVO) up 3.3%
• Yext (YEXT) up 2.8%

ALSO HIGHER –

• The ONE Group Hospitality (STKS) up 4.0% after naming new CFO
• Rapport Therapeutics (RAPP) up 1.7% after buyback

DOWN AFTER EARNINGS –

• Mama’s Creations (MAMA) down 7.9%
• Casey’s General Stores (CASY) down 1.8%

ALSO LOWER –

• Planet Labs PBC (PL) down 12.1% after convertible debt offering
• Fox Corporation (FOX) down 2.9% after common stock offering
• Dianthus (DNTH) down 2.1% after equity offering
• Dell Technologies (DELL) down 1.5% after CFO resignation