Market Movers | Winners: CYPH, ABTC, MRLN | Losers: RARE, MEI, METC
A quiet day for the averages hid some extreme moves for individual names.
Ultragenyx Pharmaceutical (RARE) ended the day down 44.0% against a market that was broadly positive. The S&P 500 returned +1.1%, the Dow Jones Industrial Average returned +1.2%, and the Nasdaq-100 returned +1.2%.
How can such a steep decline happen on a day of uniform strength for the major indexes? The day’s full list of winners and losers offers the first clues.
Thursday’s Market Winners
- How Will Casey’s General Stores Stock React To Its Upcoming Earnings?
- HF Sinclair Stock Climbs 14% On A 7-Day Winning Streak
- Royal Caribbean Stock Slides 9.4% Over 8 Straight Down Days
- Marathon Petroleum Stock Climbs 9.3% On A 7-Day Winning Streak
- Trade Desk Stock Climbs 16% On A 6-Day Winning Streak
- A 5-Day Losing Streak Has Credo Technology Stock Down 32%
The 10 stocks with the highest returns on the last trading day:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | CYPH | Cypherpunk Technologies | 35.1% | 95.7% |
| 2 | ABTC | American Bitcoin | 18.7% | -63.4% |
| 3 | MRLN | Merlin | 17.9% | n/a |
| 4 | MSTR | Strategy | 17.6% | -4.7% |
| 5 | SMMT | Summit Therapeutics | 17.3% | -2.1% |
| 6 | HOOD | Robinhood Markets | 16.6% | 10.3% |
| 7 | SNOW | Snowflake | 16.6% | 62.5% |
| 8 | CRCL | Circle Internet | 16.5% | 30.2% |
| 9 | ORBS | Eightco | 15.8% | -43.9% |
| 10 | BMNR | BitMine Immersion Technologies | 14.7% | -2.6% |
Thursday’s Market Losers
And the 10 stocks with the lowest returns:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | RARE | Ultragenyx Pharmaceutical | -44.0% | -35.4% |
| 2 | MEI | Methode Electronics | -15.4% | 134.7% |
| 3 | METC | Ramaco Resources | -14.3% | -31.4% |
| 4 | VSXY | Victoria’s Secret | -13.2% | 35.9% |
| 5 | IMUX | Immunic | -10.4% | 139.1% |
| 6 | CIEN | Ciena | -10.4% | 35.7% |
| 7 | CXM | Sprinklr | -10.2% | -19.8% |
| 8 | BTQ | BTQ Technologies | -8.9% | -41.8% |
| 9 | PL | Planet Labs PBC | -8.2% | -6.9% |
| 10 | SION | Sionna Therapeutics | -7.7% | -83.6% |
Is today’s biggest winner a flash in the pan?
Cypherpunk Technologies (CYPH) was the strongest stock of the day, returning +35.1%. But this move shows persistence. The stock also appears on the one-month winners list with a total return of +209.7%.
Its strength is not a one-day event; excluding today, the stock still gained +129.2% over the other sessions. For context, its market value is about $418.4 million.
Movers Over The Last Week
Widening the window to five trading days, these are the strongest and weakest Market names:
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | MNTK | Montauk Renewables | 25.0% | 34.7% |
| 2 | TITN | Titan Machinery | 23.9% | 51.8% |
| 3 | MMED | Minimed | 22.2% | n/a |
| 4 | FMC | FMC Corp | 21.8% | -5.3% |
| 5 | CNH | CNH Industrial | 21.1% | 51.6% |
| 6 | CYPH | Cypherpunk Technologies | 20.1% | 95.7% |
| 7 | SMMT | Summit Therapeutics | 19.5% | -2.1% |
| 8 | IRD | Opus Genetics | 19.5% | 128.9% |
| 9 | LMB | Limbach | 18.7% | -36.4% |
| 10 | ORBS | Eightco | 18.2% | -43.9% |
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | ALMS | Alumis | -51.1% | 16.4% |
| 2 | RARE | Ultragenyx Pharmaceutical | -43.5% | -35.4% |
| 3 | CRDO | Credo Technology | -31.7% | 14.1% |
| 4 | LPTH | LightPath Technologies | -30.1% | -10.7% |
| 5 | FCEL | FuelCell Energy | -24.1% | 100.7% |
| 6 | EIX | Edison International | -23.6% | -2.5% |
| 7 | TRON | TRON Inc | -23.4% | 32.3% |
| 8 | PCG | PG&E | -22.2% | -12.6% |
| 9 | ENOV | Enovis | -21.9% | -27.2% |
| 10 | IMUX | Immunic | -21.7% | 139.1% |
Movers Over The Last Month
And over the last 21 trading days:
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | CYPH | Cypherpunk Technologies | 209.7% | 95.7% |
| 2 | MRNA | Moderna | 164.6% | 404.8% |
| 3 | ARCT | Arcturus Therapeutics | 148.6% | 153.8% |
| 4 | RCEL | AVITA Medical | 144.7% | 217.1% |
| 5 | CAPR | Capricor Therapeutics | 136.1% | -67.8% |
| 6 | OABI | OmniAb | 134.0% | 156.8% |
| 7 | QMCO | Quantum | 109.8% | 276.7% |
| 8 | IOVA | Iovance Biotherapeutics | 100.5% | 218.7% |
| 9 | ABCL | AbCellera Biologics | 95.4% | 238.3% |
| 10 | SENS | Senseonics | 91.1% | 79.3% |
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | SION | Sionna Therapeutics | -85.7% | -83.6% |
| 2 | EYPT | EyePoint | -62.7% | -75.0% |
| 3 | ALMS | Alumis | -58.1% | 16.4% |
| 4 | TDUP | ThredUp | -57.5% | -58.2% |
| 5 | KLC | KinderCare Learning Companies | -49.1% | -37.7% |
| 6 | UTI | Universal Technical Institute | -49.0% | -17.3% |
| 7 | LASR | nLight | -44.9% | 10.6% |
| 8 | CDNL | Cardinal Infrastructure | -44.1% | 46.2% |
| 9 | PLTK | Playtika | -42.4% | -43.3% |
| 10 | AADX | Applied Aerospace & Defense | -41.0% | n/a |
A movers list is a map of attention, not a set of instructions.
The tables above show where capital and risk were most concentrated over three different time horizons. A large, sudden move is simply information, highlighting a stock where the market’s view may be changing quickly.
The disciplined next step is to investigate the business behind the price. The day’s biggest loser, Ultragenyx Pharmaceutical (RARE), saw its revenue grow 17.5% over the last twelve months. That single fact complicates the story told by one day’s trading.
The next step is never to trade the list; it is to test it. Our Guidance Momentum screen shows which risers have management raising guidance behind them, and our Buy the Dip screen shows which of the fallers still generate the growth and cash that make a recovery plausible.
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 the three major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Watch the movers for information; let the portfolio do the compounding.