S&P 500 Movers | Winners: LITE, ANET, CHRW | Losers: MRNA, RDDT, GDDY
A flat day for the index masked significant moves in individual names, with one winner showing remarkable persistence.
The S&P 500 returned 0.0% on the last trading day, a flat finish that concealed sharp moves in both directions. While the Dow Jones Industrial Average returned -0.2% and the Nasdaq-100 returned +0.1%, the real action was in the extremes. Lumentum (LITE) was the day’s strongest stock, returning +6.0%, while Moderna (MRNA) was the weakest, returning -5.8%.
This raises the immediate question: are these single-day reactions, or part of a larger trend? The day’s full list of winners and losers follows.
Wednesday’s S&P 500 Winners
The 10 stocks with the highest returns on the last trading day:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | LITE | Lumentum | 6.0% | 154.8% |
| 2 | ANET | Arista Networks | 5.9% | 54.4% |
| 3 | CHRW | C.H. Robinson Worldwide | 5.6% | -5.0% |
| 4 | WMB | Williams Companies | 4.7% | 25.6% |
| 5 | FFIV | F5 | 4.4% | 56.5% |
| 6 | SJM | JM Smucker | 4.3% | 38.0% |
| 7 | CIEN | Ciena | 4.2% | 72.8% |
| 8 | WDC | Western Digital | 4.0% | 172.4% |
| 9 | GLW | Corning | 3.8% | 75.1% |
| 10 | KMI | Kinder Morgan | 3.5% | 19.8% |
Wednesday’s S&P 500 Losers
And the 10 stocks with the lowest returns:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | MRNA | Moderna | -5.8% | 407.5% |
| 2 | RDDT | -4.4% | -32.4% | |
| 3 | GDDY | GoDaddy | -4.3% | -23.0% |
| 4 | LLY | Eli Lilly | -3.6% | 11.2% |
| 5 | BSX | Boston Scientific | -3.4% | -49.5% |
| 6 | INTU | Intuit | -3.2% | -47.3% |
| 7 | HOOD | Robinhood Markets | -3.2% | -4.0% |
| 8 | ACN | Accenture | -3.0% | -30.6% |
| 9 | COIN | Coinbase Global | -2.9% | -19.6% |
| 10 | TKO | -2.8% | -9.4% |
What does a longer view tell us about today’s biggest winner?
The move in Lumentum (LITE) is not an isolated event. The stock appears on both the one-day and one-month winners lists, and its one-month return is +44.0%. This strength is persistent, as excluding today it still gained +35.8% over the other sessions. Behind the stock’s performance, its revenue grew 83.2% over the last twelve months.
Movers Over The Last Week
Widening the window to five trading days, these are the strongest and weakest S&P 500 names:
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | FCX | Freeport-McMoRan | 14.3% | 56.7% |
| 2 | COIN | Coinbase Global | 13.5% | -19.6% |
| 3 | LITE | Lumentum | 13.5% | 154.8% |
| 4 | HOOD | Robinhood Markets | 13.3% | -4.0% |
| 5 | CBOE | Cboe Global Markets | 11.2% | 24.9% |
| 6 | DE | Deere | 9.3% | 37.0% |
| 7 | MOS | Mosaic | 8.7% | 2.2% |
| 8 | ANET | Arista Networks | 8.5% | 54.4% |
| 9 | NDSN | Nordson | 8.0% | 40.0% |
| 10 | CMG | Chipotle Mexican Grill | 7.7% | 0.9% |
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | MRNA | Moderna | -14.2% | 407.5% |
| 2 | PWR | Quanta Services | -9.0% | 46.2% |
| 3 | WMT | Walmart | -8.5% | -5.8% |
| 4 | FSLR | First Solar | -7.4% | -21.2% |
| 5 | BSX | Boston Scientific | -7.4% | -49.5% |
| 6 | LLY | Eli Lilly | -7.1% | 11.2% |
| 7 | ISRG | Intuitive Surgical | -6.9% | -34.6% |
| 8 | TKO | -6.8% | -9.4% | |
| 9 | CRWD | CrowdStrike | -6.2% | 61.4% |
| 10 | LII | Lennox International | -6.1% | -18.5% |
Movers Over The Last Month
And over the last 21 trading days:
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | MRNA | Moderna | 168.2% | 407.5% |
| 2 | LITE | Lumentum | 44.0% | 154.8% |
| 3 | NEM | Newmont | 43.8% | 32.4% |
| 4 | PLTR | Palantir Technologies | 43.7% | -0.1% |
| 5 | MRVL | Marvell Technology | 40.5% | 188.9% |
| 6 | SNDK | SanDisk | 36.8% | 531.6% |
| 7 | PSKY | Paramount Skydance | 33.1% | -19.0% |
| 8 | SMCI | Super Micro Computer | 31.4% | 27.7% |
| 9 | FCX | Freeport-McMoRan | 28.2% | 56.7% |
| 10 | ZBRA | Zebra Technologies | 26.5% | 48.2% |
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | TTD | Trade Desk | -31.1% | -65.7% |
| 2 | LII | Lennox International | -27.6% | -18.5% |
| 3 | APP | AppLovin | -26.3% | -54.3% |
| 4 | DVA | DaVita | -24.8% | 58.5% |
| 5 | HONA | Honeywell Aerospace | -24.0% | n/a |
| 6 | APTV | Aptiv | -22.1% | -39.2% |
| 7 | NCLH | Norwegian Cruise Line | -19.5% | -23.4% |
| 8 | FICO | Fair Isaac | -15.2% | -32.9% |
| 9 | TJX | TJX Companies | -14.6% | -10.1% |
| 10 | PODD | Insulet | -14.4% | -49.6% |
How should an investor use these lists?
A list of top movers is a map of market attention, not a set of instructions. The sharp gains and losses detailed in the tables above are starting points for research, signaling that something has changed the market’s short-term view of a company.
The disciplined next step is to investigate the underlying business. A stock’s price is one thing; its fundamentals are another. For example, Moderna (MRNA), one of the day’s weakest names, saw its revenue decline 27.7% over the last twelve months.
Either side of these lists can be a lead worth following, with the same follow-up question: does the business back the move? For the winners, our Guidance Momentum screen tracks which companies raised their own forward numbers. For the losers, our Buy the Dip screen flags which marked-down names still have the fundamentals to recover.
The Tape Rewards Attention. It Punishes Reaction
Big daily moves pull hard at both greed and fear, and acting on either, day after day, is how most portfolios end up trailing the index they were trying to beat.
The Trefis High Quality (HQ) Portfolio is built for the opposite reflex: about 30 quality businesses screened for the fundamentals that survive volatile stretches, held with rules instead of reactions. It has a track record of outpacing a benchmark that combines the three major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Read the movers daily; trade them rarely.