S&P 500 Movers | Winners: CRWD, GS, CVNA | Losers: IBM, BIIB, HCA
A day of sharp divergences at the top and bottom of the index raises questions about momentum and investor discipline.
The S&P 500 returned +0.4% on a day of starkly different outcomes for its largest members. At one extreme, International Business Machines (IBM) returned -25.2%, while at the other, CrowdStrike (CRWD) returned +12.1%. The critical question is whether these are sudden shocks or the latest chapters in stories already well underway. The day’s full leaderboard follows.
Tuesday’s S&P 500 Winners
The 10 stocks with the highest returns on the last trading day:
- The Market Thinks Expedia Is Boring. The Cash Flow Says Otherwise
- IBM Stock’s Sudden Reversal: From ‘Buy Now’ to Under Investigation
- ADBE Looks Cheap. The Data Says Be Careful
- Fortinet’s AI Surge Is Impressive. Is Microsoft Stock The Smarter Way In?
- Before The Surge, CAT Stock Was Sending A Power-Grid Sized Signal
- What Alphabet Stock’s Calm Price Doesn’t Tell You About Its Potential Swing
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | CRWD | CrowdStrike | 12.1% | 79.8% |
| 2 | GS | Goldman Sachs | 9.0% | 30.9% |
| 3 | CVNA | Carvana | 8.3% | -16.6% |
| 4 | DELL | Dell Technologies | 7.1% | 265.1% |
| 5 | PANW | Palo Alto Networks | 6.8% | 91.6% |
| 6 | MPWR | Monolithic Power Systems | 6.6% | 52.4% |
| 7 | NTAP | NetApp | 6.5% | 65.1% |
| 8 | LITE | Lumentum | 6.1% | 121.1% |
| 9 | SNDK | SanDisk | 5.0% | 640.5% |
| 10 | MU | Micron Technology | 4.9% | 244.7% |
Tuesday’s S&P 500 Losers
And the 10 stocks with the lowest returns:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | IBM | International Business Machines | -25.2% | -25.8% |
| 2 | BIIB | Biogen | -8.2% | 9.1% |
| 3 | HCA | HCA Healthcare | -6.9% | -21.8% |
| 4 | ISRG | Intuitive Surgical | -6.8% | -33.0% |
| 5 | SYK | Stryker | -6.1% | -11.0% |
| 6 | IT | Gartner | -5.9% | -47.3% |
| 7 | NOW | ServiceNow | -5.8% | -31.6% |
| 8 | UHS | Universal Health Services | -5.6% | -33.7% |
| 9 | GEHC | GE HealthCare Technologies | -5.6% | -24.8% |
| 10 | FICO | Fair Isaac | -5.3% | -28.4% |
Are these moves just one-day noise?
The data suggests they are not. Both of the day’s most significant movers appear on the one-month lists, indicating persistence. CrowdStrike’s daily gain is part of a one-month return of +21.9%. Similarly, Palo Alto Networks (PANW) shows continued strength with a one-month return of +26.2%.
For International Business Machines, the day’s weakness has been building for weeks, with its one-month return standing at -21.0%. These are not new developments but accelerations of existing trends.
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 | LITE | Lumentum | 16.6% | 121.1% |
| 2 | HPE | Hewlett Packard Enterprise | 14.0% | 108.3% |
| 3 | MPC | Marathon Petroleum | 13.9% | 88.2% |
| 4 | VLO | Valero Energy | 13.2% | 87.2% |
| 5 | PSX | Phillips 66 | 12.6% | 58.5% |
| 6 | AKAM | Akamai Technologies | 10.3% | 44.5% |
| 7 | ANET | Arista Networks | 9.7% | 39.3% |
| 8 | DELL | Dell Technologies | 9.6% | 265.1% |
| 9 | GS | Goldman Sachs | 9.3% | 30.9% |
| 10 | SNDK | SanDisk | 8.7% | 640.5% |
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | IBM | International Business Machines | -29.1% | -25.8% |
| 2 | MRNA | Moderna | -15.5% | 128.7% |
| 3 | APP | AppLovin | -15.0% | -33.4% |
| 4 | AXON | Axon Enterprise | -14.6% | -3.6% |
| 5 | HCA | HCA Healthcare | -14.1% | -21.8% |
| 6 | RMD | ResMed | -12.2% | -19.4% |
| 7 | ISRG | Intuitive Surgical | -11.2% | -33.0% |
| 8 | UHS | Universal Health Services | -10.6% | -33.7% |
| 9 | ORCL | Oracle | -9.3% | -33.7% |
Movers Over The Last Month
And over the last 21 trading days:
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | MRNA | Moderna | 35.9% | 128.7% |
| 2 | TECH | Bio-Techne | 31.9% | 21.5% |
| 3 | PANW | Palo Alto Networks | 26.2% | 91.6% |
| 4 | HOOD | Robinhood Markets | 23.0% | 0.3% |
| 5 | CRL | Charles River Laboratories International | 22.9% | 15.9% |
| 6 | AXON | Axon Enterprise | 22.6% | -3.6% |
| 7 | CRWD | CrowdStrike | 21.9% | 79.8% |
| 8 | DASH | DoorDash | 21.5% | -17.1% |
| 9 | GDDY | GoDaddy | 21.2% | -26.6% |
| 10 | VEEV | Veeva Systems | 19.5% | -13.5% |
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | ORCL | Oracle | -30.3% | -33.7% |
| 2 | ECHO | EchoStar | -26.2% | -13.1% |
| 3 | SWKS | Skyworks Solutions | -22.2% | -8.9% |
| 4 | IBM | International Business Machines | -21.0% | -25.8% |
| 5 | MRVL | Marvell Technology | -20.7% | 162.1% |
| 6 | FOXA | Fox | -19.7% | -24.5% |
| 7 | FDXF | FedEx Freight | -19.6% | |
| 8 | FOX | Fox | -19.3% | -23.4% |
| 9 | ON | ON Semiconductor | -19.2% | 73.1% |
| 10 | ALB | Albemarle | -18.8% | -8.5% |
How should an investor use these leaderboards?
A movers list is a map of where market attention is focused, not a set of instructions. A dramatic price change, positive or negative, is simply a signal to investigate the fundamentals of the business itself. The longer-term tables above show which moves have staying power.
For a persistent loser like IBM, the next step is to note it trades at 18.9 times trailing earnings while its revenue grew 9.7% over the last twelve months. For a winner like CrowdStrike, the factbook shows its revenue grew 23.2%. These figures are the starting point for disciplined analysis, long after the day’s noise has faded.
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.
Today’s Winner Is Tomorrow’s Loser Often Enough
The movers list is the most honest picture of single-stock risk the market prints each day: the same volatility that makes the winners column also fills the losers column, and no one reliably knows which side a stock lands on next.
That is the case for owning a disciplined basket instead of chasing the tape. The Trefis High Quality (HQ) Portfolio holds roughly 30 businesses selected for consistent cash generation, strong margins, and resilient balance sheets, sized and rebalanced with rules. It has a track record of outpacing a benchmark that combines all major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Watch the movers for information; let the portfolio do the compounding.