Market Report: Top 10 Gainers & Losers

Gainers

• WBD (5.00%): WBD stock rose nearly 5% due to positive analyst forecasts for Q1 earnings and excitement surrounding Warner Bros. Discovery's split into two separate companies.
• SBUX (4.33%): SBUX rose 4.33% as TD Cowen reaffirmed a "hold" rating with a $90.00 price target while TD Securities also reiterated a "hold" rating, offsetting fears of consumer preference changes and a challenging labor market.
• GEV (3.90%): GEV stock rose by 3.90% after The Goldman Sachs Group issued a positive forecast and raised the price target to $570.00.
• AVGO (3.38%): AVGO is up 3.38% as a result of being included in multiple #HotOptions reports, generating increased interest and trading activity.
• CF (3.38%): CF stock rose by 3.38% as investors anticipate increased demand for fertilizers from companies like CF Industries following positive outlook on fertilizer stocks.
• BEN (3.11%): The ticker BEN rose by 3.11% due to the buzz around Ben Williamson's award-winning restaurant Agnes expanding to Melbourne for a special one-night event, generating excitement and interest among investors.
• DVN (2.99%): Devon Energy (DVN) stock rose nearly 3% as multiple research firms adjusted their ratings and price targets, with an overall positive sentiment from Wells Fargo & Company contributing to the increase.
• TRGP (2.82%): TRGP stock increased by 2.82% as Mizuho and Royal Bank of Canada lowered their price targets, but maintained outperform ratings, suggesting potential undervaluation.
• PLTR (2.70%): PLTR stock rose 2.70% as a result of increased interest and trading activity fueled by options reports and discussions in the market.
• PM (2.42%): The ticker PM moved 2.42% due to political developments and discussions involving the Prime Minister's leadership and potential implications for the country's future.

Losers

• INTC (-6.34%): The ticker INTC moved -6.34% due to negative sentiment in the market as indicated by the #HotOptions Reports for June 10th and June 11th.
• NUE (-6.06%): NUE's stock price decreased by over 6% likely due to concerns about an industry downturn and a modest decline in steel output, prompting investors to sell off the stock.
• UAL (-5.49%): UAL's stock price decreased by 5.49% after Wall Street Zen upgraded the company to a strong-buy rating, which may have raised concerns about the airline's future performance.
• DAL (-4.86%): DAL is down nearly 5% as investors may view Dalaroo Metals' acquisition of the Bongouanoa Gold Project as a risky move, potentially impacting the company's financial performance.
• LMT (-4.26%): Lockheed Martin (LMT) dropped by 4.26% as concerns about the U.S. Air Force's planned retirement of the U-2 surveillance aircraft and the changing dynamics in the global drone market impacted investor sentiment.
• ON (-3.75%): ON's stock price dropped by 3.75% due to overall market volatility impacting semiconductor companies.
• ODFL (-3.44%): ODFL's stock price decreased by 3.44% following a downgrade from a "sell" to a "hold" rating by Wall Street Zen and negative outlook on Q2 earnings by Zacks Research.
• NCLH (-3.34%): NCLH shares fell by 3.34% as conflicting price target revisions from Citigroup and Truist Financial, along with bearish Q3 earnings estimates from Zacks Research, created uncertainty and negative sentiment among investors.
• BBY (-3.02%): Best Buy Co., Inc. (BBY) experienced a -3.02% decrease as institutional investors purchased new stakes and price targets were lowered by UBS Group, despite an "outperform" rating reiterated by Telsey Advisory Group.
• JBHT (-2.95%): JBHT's stock price declined nearly 3% as a result of a neutral rating reaffirmation by Goldman Sachs and a lowered FY2025 earnings estimate by Zacks Research.