Stock Movers

Today’s biggest winners and losers in the stock market.
On this episode of Stock Movers:
Shares of Sandisk (SNDK) moved higher in the Friday session after the computer hardware and storage company announced its financial model for the years 2028 through 2030 at its 2026 investor day.
Shares of Tapestry (TPR) ticked higher a day after their biggest intraday loss since August of 2025. That followed the handbag and accessories company giving initial fiscal 2027 forecasts for adjusted EPS and revenue which, at the midpoint, are slightly below the consensus estimate.
Shares of Phillips 66 (PSX) closed higher after Semafor reported the company held merger talks with Marathon Petroleum earlier this year in a deal that has now collapsed.
See omnystudio.com/listener for privacy information.

Today’s biggest winners and losers in the stock market.
On this episode of Stock Movers:
Shares of Sandisk (SNDK) moved higher in the Friday session after the computer hardware and storage company announced its financial model for the years 2028 through 2030 at its 2026 investor day.
Shares of Reddit (RDDT) climbed on news that the social media company is set to join the S&P 500 prior to the opening of trading on August 18th.
Shares of Tesla (TSLA) as the EV-maker is planning to unveil a new roadster design with “flying” capabilities as soon as this month, according to a report from The Information.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:
- Sandisk (SNDK) shares rise as JPMorgan assigns an overweight rating following the firm’s investor day. Analyst Harlan Sur says Sandisk “is in many respects uniquely positioned to capture the ongoing structural inflection in NAND demand driven by rapid growth in AI inference”
- Reddit (RDDT) shares jump. The social media company is set to join the S&P 500 prior to the opening of trading on Aug. 18, according to a news release. Reddit to replace AvalonBay Communities, which is being acquired by Equity Residential.
- York Space Systems (YSS) shares slump after the space and defense company cut the revenue outlook for the full year. The company also reported adjusted earnings per share and revenue for the second-quarter the missed the average analyst estimate.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:
- Reddit (RDDT) shares jump. The social media company is set to join the S&P 500 prior to the opening of trading on Aug. 18, according to a news release. Reddit to replace AvalonBay Communities, which is being acquired by Equity Residential.

-Applied Materials (AMAT) shares fall. The semiconductor capital equipment company’s estimate-topping forecast met with tepid investor reaction following the stock’s frenetic rally this year. Analysts are generally positive about the company’s results and forecast, they are optimistic about the AI-driven demand to boosting results.

-Aerovironment (AVAV) shares gain. This comes after the Trump administration said it is applying a 100% tariff on imports of unmanned aircraft systems and their components. Needham analyst Austin Bohlig says the tariff represents another major step in the Administration’s push to rapidly build the US drone industrial base as expanding domestic drone production has become a national priority.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.

On this episode of Stock Movers:
- Gemini Space Station (GEMI) shares are lower after it posted a fourth consecutive quarterly loss since the IPO, with a second-quarter loss of $107.7 million, or 89 cents a share.
- Applied Materials (AMAT) shares are lower even though it reported third-quarter results that beat expectations and gave a fourth-quarter forecast that is above the analyst consensus.
- Reddit (RDDT) is rallying as the social media company is set to join the S&P 500 prior to the opening of trading on Aug. 18, according to a news release.
See omnystudio.com/listener for privacy information.