Market Movers | Winners: APP, DNUT, PTLO | Losers: MNTN, VCYT, PCT
The S&P 500 dropped 4.4% on Thursday, November 5, while the Nasdaq-100 slid 6.4% and the Dow Jones Industrial Average fell 3.4%. The S&P 500 is now down 4.7% over five trading days and down 5.7% over the past month.
Decliners outnumbered gainers 3,642 to 510 within the Trefis coverage universe. The day’s best return belonged to AppLovin (APP) (+31.0%) and the worst to MNTN (-54.7%).
Thursday’s Market Winners
The 10 US-listed stocks in the Trefis coverage universe worth at least $300 million with the highest returns on Thursday:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | APP | AppLovin | 31.0% | -47.2% |
| 2 | DNUT | Krispy Kreme | 30.7% | 14.4% |
| 3 | PTLO | Portillos | 28.8% | 54.6% |
| 4 | ECPG | Encore Capital | 26.3% | 132.1% |
| 5 | ADMA | ADMA Biologics | 26.0% | -27.6% |
| 6 | TBI | TrueBlue | 25.6% | 171.6% |
| 7 | XERS | Xeris Biopharma | 25.0% | 66.6% |
| 8 | WRBY | Warby Parker | 22.5% | 19.7% |
| 9 | ARDT | Ardent Health | 22.4% | 80.1% |
| 10 | MGNI | Magnite | 20.8% | 69.6% |
Thursday’s Market Losers
And the 10 US-listed stocks in the Trefis coverage universe worth at least $300 million with the lowest returns on Thursday:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | MNTN | MNTN | -54.7% | -60.6% |
| 2 | VCYT | Veracyte | -54.3% | -43.0% |
| 3 | PCT | PureCycle Technologies | -32.6% | -78.1% |
| 4 | ACDC | ProFrac | -31.7% | -30.3% |
| 5 | THM | International Tower Hill Mines | -30.5% | -34.9% |
| 6 | TRIP | Tripadvisor | -27.6% | -49.3% |
| 7 | ROCK | Gibraltar Industries | -27.3% | -35.9% |
| 8 | FSLY | Fastly | -26.9% | 51.1% |
| 9 | TROX | Tronox | -26.5% | -36.1% |
| 10 | MEI | Methode Electronics | -23.4% | 56.2% |
For A Few Names, Thursday Extended A Monthly Trend
Portillos (PTLO) added to a longer run: after Thursday’s 28.8% gain, the stock is up 85.2% over the past month, and it was already up 43.8% before Thursday.
Movers Over The Last Week
Widening the window to five trading days, these are the strongest and weakest names in the Trefis coverage universe:
Winners
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | ULH | Universal Logistics | 69.2% | 97.6% |
| 2 | CRCT | Cricut | 49.7% | 95.1% |
| 3 | ARRY | Array Technologies | 48.9% | -42.5% |
| 4 | DNUT | Krispy Kreme | 43.7% | 14.4% |
| 5 | GDYN | Grid Dynamics | 42.6% | 49.9% |
| 6 | PTLO | Portillos | 41.5% | 54.6% |
| 7 | ALIT | Alight | 39.8% | -67.1% |
| 8 | APP | AppLovin | 39.7% | -47.2% |
| 9 | TREE | LendingTree | 38.2% | -27.0% |
| 10 | EVER | EverQuote | 33.0% | 12.3% |
Losers
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | VCYT | Veracyte | -54.0% | -43.0% |
| 2 | MNTN | MNTN | -52.2% | -60.6% |
| 3 | FRMI | Fermi | -46.5% | -80.9% |
| 4 | NRIX | Nurix Therapeutics | -45.3% | -21.8% |
| 5 | LITE | Lumentum | -44.6% | 38.3% |
| 6 | ACDC | ProFrac | -44.1% | -30.3% |
| 7 | PCT | PureCycle Technologies | -43.5% | -78.1% |
| 8 | INTC | Intel | -43.2% | 41.6% |
| 9 | OFRM | Once Upon a Farm PBC | -42.7% | n/a |
| 10 | AESI | Atlas Energy Solutions | -42.5% | -43.5% |
Movers Over The Last Month
And over the last 21 trading days, the strongest and weakest names in the Trefis coverage universe:
Winners
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | BMBL | Bumble | 139.2% | 67.5% |
| 2 | PTLO | Portillos | 85.2% | 54.6% |
| 3 | GDYN | Grid Dynamics | 76.5% | 49.9% |
| 4 | LYEL | Lyell Immunopharma | 75.2% | -51.3% |
| 5 | ULH | Universal Logistics | 72.3% | 97.6% |
| 6 | TDOC | Teladoc Health | 69.2% | 34.4% |
| 7 | SGRY | Surgery Partners | 69.0% | 50.0% |
| 8 | LQDA | Liquidia | 66.8% | 29.0% |
| 9 | ENOV | Enovis | 62.5% | 7.4% |
| 10 | BRZE | Braze | 61.0% | 33.6% |
Losers
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | CIFR | Cipher Digital | -61.9% | -62.4% |
| 2 | AAOI | Applied Optoelectronics | -61.7% | 34.5% |
| 3 | FRMI | Fermi | -61.5% | -80.9% |
| 4 | XRPN | Evernorth | -58.8% | n/a |
| 5 | MXL | MaxLinear | -58.7% | 154.2% |
| 6 | AESI | Atlas Energy Solutions | -57.3% | -43.5% |
| 7 | FPS | Forgent Power Solutions | -55.2% | n/a |
| 8 | STRL | Sterling Infrastructure | -54.3% | -20.2% |
| 9 | LITE | Lumentum | -54.1% | 38.3% |
| 10 | AXTI | AXT | -54.0% | 124.6% |
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 S&P 500, the S&P MidCap 400, and the Russell 2000. Read the movers daily; trade them rarely.