Apple, Tesla and ResMed Stir Afternoon Market Cap Stock Movers on Wednesday

Wednesday’s market has seen notable fluctuations with stocks like Apple Computer Inc (NASDAQ:AAPL) and Tesla (NASDAQ:TSLA) climbing and ResMed Inc (RMD) facing a downturn. These movements are part of the broader intra-day stock dynamics playing out across various market cap categories amid news that the Fed cut rates by 50 bps. Here are some of the most significant stock movers, from mega-caps to small caps.

Mega-Cap Movers:

Apple Computer Inc (AAPL): Morgan Stanley would buy any estimate cuts: +2.46%

– Tesla (TSLA): +2.3%

Abbott Laboratories (NYSE:ABT): -2.47%

Large-Cap Stock Movers:

Summit Therapeutics PLC (NASDAQ:SMMT): -4.2% Coherent (NYSE:COHR); Coherent Announces Industry’s First L-Band 800G ZR/ZR+ Pluggable Transceivers: +4.62% ResMed Inc (RMD); ResMed shares rating downgraded by Wolfe on potential market disruption risks: -5.24% NIO Inc (NIO): -5.08% Duolingo (DUOL): +4.07% Sysco Corp (NYSE:SYY): -3.92% Biontech Se (BNTX): -4.7% Atlassian Corp Plc (NASDAQ:TEAM): +4.22%

Mid-Cap Stock Movers:

Valeant Pharma (BHC): +10.79% Bausch + Lomb (BLCO): up on continued takeover speculation: +8.57% Avidity Biosciences Inc (RNA): +6.66% Helix Acquisition Corp (MLTX): +6.86% Casella Waste Sys (NASDAQ:CWST); Casella Waste Systems (CWST) Said To Offer Shares For $100-$102 Each – Bloomberg: -5.44% Ermenegildo Zegna NV (NYSE:ZGN); Ermenegildo Zegna Group Reports First Half 2024 Revenues of €960 Million With Profit at €31 Million and Adjusted EBIT at €81 Million: -7.79% New Fortress Energy LLC (NASDAQ:NFE): -2.57%

Small-Cap Stock Movers:

Applied Therapeutics Inc (NASDAQ:APLT); FDA proceeds with Applied Therapeutics’ govorestat review: +66.08% Inflection Point Acquisition (LUNR); Intuitive Machines secures NASA cislunar network contract: +51.11% XCHG Ltd ADR (XCH); XCharge, Asia Green Fund’s Portfolio, Successfully Listed on Nasdaq: +48.65% Poseida Therapeutics Inc (PSTX): +15.38% Applied Blockchain (APLD): +14.64% Instil Bio (TIL): +11.11% I.D. Systems (AIOT); Powerfleet to acquire Fleet Complete for $200 million: +10.99% Nano Nuclear Energy (NNE): -6.62% ESSA Pharma Inc (NASDAQ:EPIX): -9.31% AEABridges Impact (LVWR): -15.8%

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