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Momentum Movers
- $NVNI up 221% on an apparent short squeeze as recent momentum contributed to high volume on the stock.
- $PLTR up 8% as index rebalances spurred demand for the stock despite recent market volatility in the technology sector.
- $MSTR up 11% as Bitcoin recovered some of the recent sell-off.
- $ACHR up 12% after recent news that the company gained a certificate of occupancy for its manufacturing facility.
- $SOUN up 15% as headlines that the company’s CEO commented on the company’s 882% growth.
- $NVO down 17% after the company announced headline results from Redefine 1, a Phase 3 trial in the global Redefine program.
- $RGTI up 25%, along with $IONQ and $QUBT as quantum computing-related stocks bounced after a recent sharp sell-off amid market volatility.
- $NUKK down 23% as the stock retraced part of its recent sharp run higher. It recently announced a $10M private placement.
- $CCL up 6% after reporting better-than-expected financial results.
- $NVDA up 3% on no particular news as markets bounced after a recent sell-off following the Fed’s interest rate press conference.
Sector Performance
Market News
- The $VIX fell sharply after a Fed member commented that inflation is still on track to 2% and that the data released on Friday gave further confidence.
- Treasury yields dipped after Core PCE, a key Fed inflation measure, cooled.
Upcoming Events 12/23/24
- Dallas Fed PCE
- CB Consumer Confidence
- Earnings: $LMNR, $AVXL
Thanks, Chris!