Stock Movers

On this episode of Stock Movers:
-Piper Sandler (PIPR) shares drop after a report that the firm is in talks for a deal with Piper Sandler Cos., a transaction that would forge together two investment banks. While nothing is finalized, the banks could reach a deal soon, according to the Wall Street Journal, which cited people familiar with the matter that it didn’t identify.
-Summit Therapeutics (SMMT) shares climb. AstraZeneca agreed to invest $2 billion in the oncology drug developer to collaborate on its experimental treatment, ivonescimab. Analysts note the deal provides cash runway and strategic interest for Summit without giving up royalties.
-Fair Isaac (FICO) shares drop after Federal Housing Finance Agency Director Bill Pulte announced a move that makes it easier for lenders to adopt VantageScore. According to analysts, this will increase competition while pressuring FICO’s market share and pricing power.
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On this episode of Stock Movers:
- Carnival (CCL) shares rise. Carnival shares jump as much as 14% on Tuesday, the most intraday since April 8, after the cruise line operator boosted its adjusted earnings per share forecast for the full year. The company said both booked occupancy and pricing are at record levels for 2027, while 2028 is “off to an excellent start at higher occupancy and prices than last year.”
- Carmax (KMX) shares rose after the company reported comparable used-vehicle sales that expanded more than expected. The used-car retailer's second-quarter sales from locations in operation for at least a year were up 13%, surpassing the 5.6% growth analysts had expected.
- Jefferies (JEF) shares gain. The firm's investment bank and equity-trading desks pulled off record quarters, with revenue at the investment-banking business rising 17% to $1.3 billion and equity-trading revenue increasing 29% to $626 million. Jefferies' CEO and President said they remain confident in the long-term outlook for the business as they continue to reposition the platform by reducing capital allocated to certain existing funds.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lindt (LISN SW) plans to lower prices for its chocolate products after it pared back its sales-growth guidance for a second time this year citing subdued consumer sentiment.
- Fair Isaac (FICO,) the credit score company known as FICO, slumps 19% in premarket trading after Federal Housing Finance Agency Director Bill Pulte announced a move that makes it easier for lenders to adopt VantageScore. According to analysts, this will increase competition while pressuring FICO’s market share and pricing power.
- Netflix (NFLX) shares are up after Deutsche Bank upgraded the streaming-video company to buy from hold, saying that concerns about engagement were overblown.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Navitas Semiconductor (NVTS) shares are up, after the company said it was awarded the ALATTIS program by the US Army Research Laboratory to develop next-generation 10 kV silicon carbide power semiconductor technology for defense applications.
- AstraZeneca (AZN) is investing $2 billion in US biotech Summit Therapeutics (SMMT) to collaborate on a promising new cancer medicine that could be combined with the British drugmaker’s other treatments.
- Fair Issac, the credit score company known as FICO, slumps in premarket trading after Federal Housing Finance Agency Director Bill Pulte announced a move that makes it easier for lenders to adopt VantageScore. According to analysts, this will increase competition while pressuring FICO’s market share and pricing power.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Lindt plans to lower prices for its chocolate products after it pared back its sales-growth guidance for a second time this year, citing subdued consumer confidence.
- Shares in metallurgical engineering firm Vesuvius Plc surged by the most since 1990 after it announced a cash-and-shares offer from RHI Magnesita.
- Julius Baer Group Ltd. said it applied for permission to resume share buybacks after Swiss regulator Finma concluded its enforcement procedure, removing a long-standing overhang that has weighed on the wealth manager.
See omnystudio.com/listener for privacy information.