Shares of building products company Quanex (NYSE:NX)
jumped 3.8% in the afternoon session after positive technical signals and investor optimism about future earnings growth outweighed mixed historical data.
Shares of pharmaceutical company Amphastar Pharmaceuticals (NASDAQAMPH)
jumped 3.7% in the afternoon session after positive analyst sentiment and technical trading indicators pointed to potential upside for the stock. The cautiously optimistic view from analysts included three buy ratings and three hold ratings, with no sell recommendations. The average price target was set at $32.00, reflecting a potential upside. Adding to the positive tone, insider sentiment was reported as positive, based on the timing of recent acquisitions. The stock also traded above its key 50-day and 200-day moving averages, a signal some investors viewed favorably.
Shares of smart home company SmartRent (NYSE:SMRT) jumped 8.3% in the afternoon session after top executives disclosed significant purchases of company stock, signaling strong insider confidence in its future. CEO Frank Martell acquired 47,278 shares for a total of $79,715 through a family trust. Adding to this, Director Thomas Bohjalian also bought 50,000 shares, an investment valued at approximately $84,000. These kinds of purchases by a company's own leadership are often viewed by investors as a positive sign. They suggest that those with the most insight into the company's operations believe the shares have potential to grow. The recent transactions contributed to a larger pattern, with 16 insider buys compared to just one sale over the previous year.
Shares of hair care company Olaplex (NASDAQ:OLPX)
jumped 4.5% in the afternoon session after the stock appeared to rebound on technical factors. This gain occurred against a backdrop of recent underperformance, as the company's shares had sunk by 18.4% over the previous six months. The hair care brand's financial results also showed signs of weakness. Over the last three years, Olaplex's sales fell at a 17.3% annual rate. During that same period, its earnings per share declined by 50.8% each year, indicating the company struggled with its cost structure as demand shrank. In the previous year, its free cash flow margin also dropped. Given the lack of a fundamental driver, the day's price increase seemed to be a technical move.
Shares of diabetes technology company Tandem Diabetes Care (NASDAQ:TNDM)
jumped 4.5% in the afternoon session after an analyst at Morgan Stanley raised the firm's price target for the stock. The firm's analyst, Patrick Wood, kept an 'Equal-Weight' rating on Tandem Diabetes Care but increased the price target by over 35%, moving it from $17.00 to $23.00. This adjustment suggested a more positive outlook on the stock's value, even while the overall rating remained neutral. The action indicated that the analyst saw more potential upside for the company's shares than previously estimated.
Shares of industrial equipment manufacturer Kadant (NYSE:KAI)
jumped 3.3% in the afternoon session after the stock appeared to continue its recent upward trend, driven by technical factors rather than specific company news. The shares had already risen nearly 12% over the previous two weeks, creating positive momentum. Technical indicators also flashed a 'Buy' signal, suggesting that the stock's trading patterns were favorable. This indicated that the climb was likely fueled by market sentiment and sustained buying interest, as no fundamental news or major announcements were reported to explain the move.
Shares of clothing and footwear retailer Zumiez (NASDAQ:ZUMZ)
jumped 5.3% in the afternoon session after investor optimism grew ahead of its upcoming quarterly earnings report. Investors looked forward to the announcement, which was scheduled for the following day. This positive sentiment was likely influenced by the company's performance in the previous quarter, when an earnings beat was followed by a 15.5% jump in the share price. Adding to the confidence, Zumiez had ended the previous fiscal year in a strong financial position, holding $147.6 million in cash and marketable securities with no debt. The company also expressed cautious optimism for fiscal 2025, anticipating sales growth and better product margins.
Shares of telecommunications infrastructure company Lumen Technologies (NYSE:LUMN) jumped 4.4% in the afternoon session after positive business developments highlighted the company's growth strategy and improved financial outlook. Lumen expanded its cybersecurity capabilities in the Asia-Pacific region by achieving a special status with Palo Alto Networks in Singapore. This recognition highlighted Lumen's expertise in deploying and managing advanced security systems for its customers. Further bolstering investor confidence, the company's focus on providing network-as-a-service (NaaS) solutions and its integrated cloud services were noted as key growth drivers. This positive view was supported by a significant 39.4% upward revision in the consensus estimate for its current-year earnings since the end of the previous year.
Shares of freight Delivery Company RXO (NYSE:RXO)
jumped 6.1% in the afternoon session after the company presented at the Goldman Sachs Industrials and Materials Conference, where its commentary was well-received by investors. Events like these provide a platform for a company's management to communicate its strategy and outlook. The positive stock movement suggested that the commentary from this conference, as well as a separate UBS conference, resonated positively with the market. The reaction indicated that investors were encouraged by the information shared by the company's leadership, boosting confidence in its future direction.
Shares of senior living provider Brookdale Senior Living (NYSE:BKD) fell 3.8% in the afternoon session after a competitor, Acadia Healthcare (ACHC), significantly cut its 2025 financial outlook, triggering a sell-off across the healthcare facilities sector. Acadia announced that its professional and general liability expenses for 2025 were projected to be about $116 million, more than double the $54 million from 2024. This dramatic increase in costs forced the company to lower its adjusted earnings guidance for 2025 to a range of $1.94 to $2.04 per share, a steep decline from $3.30 in 2024. The news raised concerns that other operators in the industry, like Brookdale, might face similar pressures from rising liability claims. Compounding the issue, an analyst at Cantor Fitzgerald lowered the price target on Acadia's stock from $22.00 to $17.00.
William Blair starts coverage of Viridian, citing veligrotug's advantages over Tepezza and key 2026 catalysts, including FDA review and VRDN-003 Phase 3 data.
Shares of health insurance company UnitedHealth (NYSE:UNH)
jumped 4.5% in the afternoon session after a flurry of positive analyst actions and strategic company updates signaled confidence in the healthcare giant's direction. Multiple firms expressed optimism, with Wolfe Research lifting its price target to $375 from $330. Bernstein also boosted its target to $440, and RBC Capital raised its target to $408. This positive sentiment was reportedly tied to the belief that UnitedHealth was positioned to improve its profit margins within its insurance division.
Shares of department store chain Kohl’s (NYSE:KSS)
fell 7.2% in the afternoon session after negative sentiment grew regarding the company's long-term business health, fueled by analyst ratings and media commentary.
Shares of snack food company Utz Brands (NYSE:UTZ)
jumped 3.1% in the afternoon session after the company received a 'Buy' consensus rating from analysts, supported by a robust operational outlook.
Shares of digital infrastructure investor DigitalBridge Group (NYSE:DBRG) jumped 4% in the afternoon session after it announced an agreement to sell its Nordic asset, Digita Group, to private investment firm GI Partners.
Shares of energy drink company Celsius (NASDAQ:CELH)
jumped 3.6% in the afternoon session after the company provided a positive business update ahead of a conference, highlighting strong market share growth and progress on integrating its Alani Nu brand with its PepsiCo distribution partner.
Shares of buy now, pay later company Affirm (NASDAQ:AFRM) jumped 5.1% in the afternoon session after reports highlighted a significant boom in 'buy now, pay later' (BNPL) spending during the holiday season, signaling strong consumer adoption.
January WTI crude oil (CLF26 ) on Wednesday closed up +0.31 (+0.53%), and January RBOB gasoline (RBF26 ) closed down -0.00031 (-0.17%). Crude oil and gasoline prices settled mixed on Wednesday. Dollar weakness was supportive for energy prices on Wed...
January Nymex natural gas (NGF26 ) on Wednesday closed up by +0.155 (+3.20%). Jan nat-gas prices rallied sharply on Wednesday and posted a nearly 3-year nearest-futures high. Weather forecasts of colder-than-normal weather in the US, which will boo...
When Bitcoin fell 16% last month, Strategy shareholders lost twice that amount. This is what Michael Saylor's aggressive Bitcoin strategy was designed to do, for better or for worse.
Molina Healthcare is trading near multi-year lows, yet Cobalt Capital moved in with a position large enough to make MOH a top-four holding. For shareholders trying to understand whether this downturn represents structural erosion or cyclical noise, this move offers a revealing clue.
The Federal Reserve, America's central bank, stands at a perpetual crossroads where economic necessity meets political will. At its core, the institution is designed to operate with a degree of independence, a shield against the short-term whims of political cycles, allowing it to pursue long-term economic stability through its monetary
The bedrock principle of an independent Federal Reserve, long considered a bulwark against economic instability, is facing increasing scrutiny as discussions emerge regarding potential political influence over its monetary policy decisions. This independence, a cornerstone of the U.S. financial system since the mid-20th century, empowers the Fed to make
Tesla's EV business is weakening, it's behind the competition in the robotaxi race, and its robots may very well disappoint investors. Therefore, TSLA stock is indeed "ridiculously overvalued."
Prior to Nvidia’s earnings, DXY had recently emerged from a three-year low, climbing beyond 100 for the first time in six months, thanks to a clearing trade outlook and improving economic health in the U.S.
Washington D.C., December 3, 2025 – U.S. Treasury Secretary Scott Bessent today unveiled a controversial proposal mandating that regional U.S. Federal Reserve bank presidents must reside in their respective districts for at least three years prior to their appointment. Announced at the New York Times DealBook Summit, this
The financial markets are abuzz with speculation surrounding the potential appointment of Kevin Hassett, a prominent conservative economist and former economic advisor to President Trump, as the next Chairman of the Federal Reserve. With current Fed Chair Jerome Powell's term ending in May 2026, Hassett's name has emerged as a
Washington D.C. – December 3, 2025 – A significant push by U.S. Treasury Secretary Scott Bessent to assert White House influence over the selection and tenure of regional Federal Reserve presidents has ignited a fierce debate, raising profound questions about the future independence of the nation's central bank and the
Mumbai, India – December 3, 2025 – The Indian Rupee (INR) today crossed a critical psychological threshold, breaching the 90 mark against the US Dollar (USD) for the first time in history. This unprecedented depreciation, with the currency hitting an intraday low of 90.30 before settling at 90.19, signals a
