The Daily Breakdown: January 17, 2025

by | Jan 17, 2025

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Momentum Movers

  • $BDMD up 63% on strong momentum following the J.P. Morgan healthcare conference. 
  • $QRVO up 14% following a WSJ report indicating activist investor Starboard Value has acquired a 7.7% stake in the company. 
  • $MSTR up 8% as $BTC rose over $104K. 
  • $RGTI down 12% as quantum names corrected after a strong bounce this week.
  • $NUKK up 43% following the announcement of the company regaining Nasdaq compliance.
  • $INTC up 9% amid M&A speculation on social media. 
  • $LLY down 4% despite the FDA approving expanded use of its ulcerative colitis drug for Crohn’s disease. 
  • $WBA down 3% after the Justice Department said it filed a nationwide lawsuit alleging Walgreens knowingly filled millions of prescriptions that lacked a legitimate medical purpose. 
  • $TSLA up 3% leading into Donald Trump’s Presidential Inauguration on 1/20/25 as speculation around executive orders regarding autonomous driving circulated.
  • $RCAT down 15% as the stock continued to fall following a short report that was issued against it earlier in the week. 

Sector Performance 

Market News 

  • The stock market will be closed on Monday, 1/20/25, for MLK Day. 
  • Housing starts data released on Friday was well above expectations. 

Upcoming Events 1/21/25 

  • Earnings: $SCHW, $NFLX, $MMM, $UAL, $IBKR, $KEY, $DHI, $STX, $PRGS, $COF, $FITB, $ZION, $UMC


1 Comment

  1. Thanks Chris

    Reply

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