Travel and Leisure Travel and Leisure

Top Stock Movers Now: Nvidia, Hershey, Supermicro, and More


Published on 2024-12-09 16:21:15 - Investopedia
  Print publication without navigation

  • Hershey ( HSY) was the best-performing stock in the S&P 500 on a report Mondelez International ( MDLZ) was considering acquiring the chocolate maker. Mondelez shares tumbled.

The article from Investopedia discusses the recent performance of several notable stocks. Nvidia (NVDA) experienced a significant drop of 4.8% after its stock price surged due to strong earnings and a bullish outlook on AI demand, though it remains up 230% year-to-date. Hershey (HSY) saw a 3.5% decline following a downgrade by Morgan Stanley, which cited concerns over cocoa prices and demand. Super Micro Computer (SMCI) fell 5.3% after a previous surge, despite positive analyst sentiment regarding its AI server market position. Other stocks mentioned include Tesla (TSLA), which dropped 3.6% after a downgrade by Wells Fargo, and Moderna (MRNA), which rose 1.6% after announcing a new vaccine. The article also touches on broader market trends, including the impact of rising bond yields and economic indicators on stock movements.

Read the Full Investopedia Article at:
[ https://www.investopedia.com/top-stock-movers-now-nvidia-hershey-supermicro-and-more-8758252 ]