The Daily Breakdown: December 30, 2024

by | Dec 30, 2024

Momentum Movers

  • $MSTR down 8% after the company announced that it recently sold 592,987 shares to purchase $209M in Bitcoin. 
  • $EQT up 5% associated with natural gas prices spiking 15% after forecasters warned of an upcoming arctic blast in January. 
  • $AMTM up 8% after Aurelius Value disclosed a long position, citing unrecognized “hidden assets”.
  • $SOUN down 5% amid market general volatility. 
  • $LAES down 5% despite the company announcing a partnership with WISeSat to build a next-generation secure satellite constellation with a satellite-as-a-service business model. 
  • $TSLA down 3% as analysts speculated that Tesla’s Q4 delivery numbers could miss expectations. 
  • $BA down 2% following the Jeju Air crash in South Korea. 
  • $SMCI down 4% on no specific news, however, several AI-service stocks traded lower amid market volatility. 
  • $QBTS down 6% as several quantum-related stocks fell sharply this morning before recovering some of the losses later in the day. 
  • $RDDT down 4% as the Trump administration recently commented on keeping TikTok in the US for a while. 

Sector Performance 


Market News 

  • Natural gas prices surged by 15% on arctic front warnings.
  • Chicago PMI data for December was 36.9 vs 42.7 estimates. 

Upcoming Events 12/31/24 

  • Redbook
  • House Price Index
  • Earnings: N/A

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