S&P 500 Movers | Winners: CRWD, VEEV, PLTR | Losers: PAYX, EXPE, ABNB
Beneath a down day for the averages, some of the market’s biggest moves were weeks in the making.
Paychex (PAYX) led the S&P 500 lower, returning -8.8% on a day the index itself returned -0.8%. But the most interesting feature of today’s tape is not the size of the moves, but their history. For some of the biggest names, today was just the latest chapter in a story that has been unfolding for weeks.
The one-day leaderboards below show the full range of Wednesday’s extremes.
Wednesday’s S&P 500 Winners
The 10 S&P 500 stocks with the highest returns on the last trading day:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | CRWD | CrowdStrike | 5.0% | 124.0% |
| 2 | VEEV | Veeva Systems | 3.8% | 21.3% |
| 3 | PLTR | Palantir Technologies | 3.7% | 7.9% |
| 4 | APA | APA | 3.3% | 82.8% |
| 5 | IR | Ingersoll Rand | 3.2% | -3.7% |
| 6 | ILMN | Illumina | 3.2% | 94.7% |
| 7 | ZBRA | Zebra Technologies | 2.6% | 52.8% |
| 8 | FTNT | Fortinet | 2.6% | 125.1% |
| 9 | DVN | Devon Energy | 2.4% | 33.6% |
| 10 | COP | ConocoPhillips | 2.3% | 39.8% |
Wednesday’s S&P 500 Losers
And the 10 S&P 500 stocks with the lowest returns:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | PAYX | Paychex | -8.8% | -3.7% |
| 2 | EXPE | Expedia | -7.7% | -8.0% |
| 3 | ABNB | Airbnb | -7.6% | 10.2% |
| 4 | TPL | Texas Pacific Land | -5.5% | 17.4% |
| 5 | BKNG | Booking | -5.1% | -26.7% |
| 6 | MCD | McDonald’s | -4.8% | -20.5% |
| 7 | FSLR | First Solar | -4.4% | -26.5% |
| 8 | BBY | Best Buy | -4.2% | 41.0% |
| 9 | APP | AppLovin | -4.1% | -53.2% |
| 10 | UAL | United Airlines | -3.9% | -1.0% |
Are these one-day moves telling a longer story?
Some are. CrowdStrike (CRWD) was the day’s strongest stock, returning +5.0%. It also appears on the one-month winners list with a return of +37.7%. This strength is not a one-day event; excluding today’s session, the stock still gained +31.1% over the period.
The same persistence is visible on the downside. Expedia (EXPE) appears on both the one-day and one-month losers lists. Its one-month return is -23.5%, and its weakness has been building for weeks, as it still lost 17.1% over the other sessions.
Movers Over The Last Week
Widening the window to five trading days, these are the strongest and weakest names in the S&P 500:
Winners
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | MRNA | Moderna | 25.1% | 517.5% |
| 2 | INTC | Intel | 21.3% | 232.2% |
| 3 | COIN | Coinbase Global | 20.4% | -12.4% |
| 4 | AMD | Advanced Micro Devices | 19.9% | 187.0% |
| 5 | SNDK | SanDisk | 19.5% | 665.3% |
| 6 | MPWR | Monolithic Power Systems | 18.1% | 50.1% |
| 7 | STX | Seagate Technology | 17.9% | 236.0% |
| 8 | HOOD | Robinhood Markets | 17.5% | 8.5% |
| 9 | MU | Micron Technology | 15.7% | 275.8% |
| 10 | LRCX | Lam Research | 14.3% | 80.0% |
Losers
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | GEN | Gen Digital | -14.4% | -2.1% |
| 2 | CHTR | Charter Communications | -13.6% | -44.1% |
| 3 | ALL | Allstate | -11.5% | 10.0% |
| 4 | FICO | Fair Isaac | -11.3% | -48.0% |
| 5 | ABNB | Airbnb | -10.7% | 10.2% |
| 6 | PSKY | Paramount Skydance | -10.6% | -24.6% |
| 7 | PAYX | Paychex | -10.5% | -3.7% |
| 8 | EXPE | Expedia | -9.7% | -8.0% |
| 9 | BKNG | Booking | -9.0% | -26.7% |
| 10 | RCL | Royal Caribbean | -8.8% | -16.1% |
Movers Over The Last Month
And over the last 21 trading days, the strongest and weakest names in the S&P 500:
Winners
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | INTC | Intel | 40.5% | 232.2% |
| 2 | CRWD | CrowdStrike | 37.7% | 124.0% |
| 3 | SWKS | Skyworks Solutions | 36.8% | 47.2% |
| 4 | BE | Bloom Energy | 34.9% | 216.7% |
| 5 | AMD | Advanced Micro Devices | 34.6% | 187.0% |
| 6 | META | Meta Platforms | 33.2% | 13.0% |
| 7 | MRNA | Moderna | 31.1% | 517.5% |
| 8 | DELL | Dell Technologies | 26.9% | 340.8% |
| 9 | QCOM | Qualcomm | 25.1% | 17.1% |
| 10 | SNDK | SanDisk | 21.7% | 665.3% |
Losers
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | PCG | PG&E | -31.5% | -22.3% |
| 2 | EIX | Edison International | -27.7% | -7.4% |
| 3 | BKNG | Booking | -26.8% | -26.7% |
| 4 | AXON | Axon Enterprise | -24.6% | -20.7% |
| 5 | FICO | Fair Isaac | -24.6% | -48.0% |
| 6 | EXPE | Expedia | -23.5% | -8.0% |
| 7 | CHTR | Charter Communications | -22.4% | -44.1% |
| 8 | CLX | Clorox | -21.7% | -13.8% |
| 9 | AON | AON | -21.6% | -19.6% |
| 10 | ABNB | Airbnb | -21.4% | 10.2% |
How should I use these leaderboards?
A list of large percentage moves is a map of market attention, not a set of instructions. The tables earlier in this report highlight stocks undergoing a sharp repricing. A disciplined investor uses this as a starting point for research, not a conclusion.
The real work begins after reading the list. The next step is to ask about the business behind the ticker. Is the day’s biggest loser, Paychex, a company that trades at 21.2 times trailing earnings? Is the biggest winner, CrowdStrike, one whose revenue grew 24.3% over the last twelve months? The move gets your attention; the fundamentals determine the response.
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.
Volatility Is The Cost Of Owning Stocks. Concentration Makes It A Bill
Every name on these lists made a move big enough to notice. A diversified holder reads that as noise; a concentrated holder feels it as real money. The difference is not the stock, it is the portfolio around it.
Building that portfolio is what the Trefis High Quality (HQ) Portfolio does: roughly 30 businesses with the cash generation and balance-sheet strength to absorb bad days, selected and rebalanced by rules. It has a track record of outpacing a benchmark that combines the S&P 500, the S&P MidCap 400, and the Russell 2000. Let the movers list remind you why diversification exists.