Market Movers | Winners: OKTA, CRM, CRWD | Losers: BBW, WEN, HQY
A day of sharp divergences raises questions about what separates the market’s biggest winners from its biggest losers.
The S&P 500 gained +0.7% and the Nasdaq-100 added +1.4%, while the Dow Jones Industrial Average edged up +0.2%. Amid the broad gains, the day’s extremes were stark: OKTA was the strongest stock with a +28.6% return, while Build-A-Bear Workshop (BBW) was the weakest, returning -27.3%. What separates a name that gains nearly thirty percent from one that loses it in a single session?
The day’s full list of winners and losers follows.
Thursday’s Market Winners
- Will The XRP Price Break $2?
- Where The Selling Ran Deepest: 9 S&P 500 Stocks At 52-Week Lows
- 18 Stocks Hit 52-Week Lows On Thursday
- Where The Buying Ran Strongest: 13 S&P 500 Stocks At 52-Week Highs
- 25 Small Cap Stocks Hit 52-Week Highs On Thursday
- Where The Buying Ran Strongest: 20 Mid Cap Stocks At 52-Week Highs
The 10 stocks with the highest returns on the last trading day:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | OKTA | 28.6% | 100.0% | |
| 2 | CRM | Salesforce | 22.6% | -4.4% |
| 3 | CRWD | CrowdStrike | 20.5% | 94.5% |
| 4 | CYPH | Cypherpunk Technologies | 16.0% | 62.9% |
| 5 | VEEV | Veeva Systems | 15.2% | 26.4% |
| 6 | RPD | Rapid7 | 14.5% | -11.2% |
| 7 | ACDC | ProFrac | 13.9% | 35.2% |
| 8 | SNPS | Synopsys | 13.4% | -1.0% |
| 9 | BRUN | Boost Run | 13.3% | n/a |
| 10 | FIG | Figma | 13.3% | -18.1% |
Thursday’s Market Losers
And the 10 stocks with the lowest returns:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | BBW | Build-A-Bear Workshop | -27.3% | -53.0% |
| 2 | WEN | Wendy’s | -13.6% | -2.7% |
| 3 | HQY | HealthEquity | -10.6% | 1.9% |
| 4 | HRL | Hormel Foods | -10.2% | -6.7% |
| 5 | PAY | Paymentus | -9.7% | 12.7% |
| 6 | P | Everpure | -8.9% | n/a |
| 7 | BURL | Burlington Stores | -7.6% | 0.4% |
| 8 | EYPT | EyePoint | -7.2% | -74.7% |
| 9 | LUCK | Lucky Strike Entertainment | -7.1% | -25.1% |
| 10 | FHTX | Foghorn Therapeutics | -7.0% | 15.2% |
Some moves are more than a single day’s story.
While daily lists are dominated by fresh names, some trends persist. Cypherpunk Technologies (CYPH) appears on both the one-day and one-month winners lists. Its one-month return is +214.5%, and its strength is not a one-day event, as it still gained +171.3% over the other sessions. On the other side, EyePoint (EYPT) is on both the one-day and one-month losers lists. Its one-month return is -61.2%, and its weakness has been building for weeks, as it still lost 58.1% over the other sessions.
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 | CYPH | Cypherpunk Technologies | 58.8% | 62.9% |
| 2 | CAPR | Capricor Therapeutics | 47.2% | -65.1% |
| 3 | ARCT | Arcturus Therapeutics | 47.1% | 163.8% |
| 4 | ANF | Abercrombie & Fitch | 38.8% | 15.8% |
| 5 | FWDI | Forward Industries | 32.7% | 0.8% |
| 6 | OKTA | 28.9% | 100.0% | |
| 7 | TMC | TMC The Metals | 28.2% | -17.5% |
| 8 | PURR | Hyperliquid Strategies | 27.3% | 260.4% |
| 9 | PACB | Pacific Biosciences of California | 26.0% | -17.1% |
| 10 | INBX | Inhibrx Biosciences | 25.0% | 56.9% |
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | DKS | Dick’s Sporting Goods | -26.5% | -32.6% |
| 2 | BBW | Build-A-Bear Workshop | -24.7% | -53.0% |
| 3 | DY | Dycom Industries | -23.0% | -8.8% |
| 4 | SWMR | Swarmer | -20.5% | n/a |
| 5 | ZIP | ZipRecruiter | -17.0% | 10.0% |
| 6 | RGNX | Regenxbio | -15.3% | -34.9% |
| 7 | AEHR | Aehr Test Systems | -14.6% | 348.0% |
| 8 | EYPT | EyePoint | -14.3% | -74.7% |
| 9 | BETA | BETA Technologies | -13.9% | -22.2% |
| 10 | SYRE | Spyre Therapeutics | -13.2% | 185.8% |
Movers Over The Last Month
And over the last 21 trading days:
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | CYPH | Cypherpunk Technologies | 214.5% | 62.9% |
| 2 | REPL | Replimune | 188.4% | 60.5% |
| 3 | ARCT | Arcturus Therapeutics | 179.3% | 163.8% |
| 4 | MRNA | Moderna | 162.0% | 384.1% |
| 5 | OABI | OmniAb | 136.4% | 149.2% |
| 6 | RCEL | AVITA Medical | 132.4% | 199.1% |
| 7 | ABCL | AbCellera Biologics | 130.1% | 262.6% |
| 8 | QMCO | Quantum | 125.5% | 265.3% |
| 9 | PURR | Hyperliquid Strategies | 114.9% | 260.4% |
| 10 | LIFE | Ethos Technologies | 98.8% | n/a |
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | EYPT | EyePoint | -61.2% | -74.7% |
| 2 | TDUP | ThredUp | -54.8% | -58.1% |
| 3 | BIOA | Bioage Labs | -54.6% | -23.8% |
| 4 | KLC | KinderCare Learning Companies | -53.6% | -41.4% |
| 5 | UTI | Universal Technical Institute | -47.3% | -17.3% |
| 6 | AHCO | AdaptHealth | -46.2% | -41.8% |
| 7 | PLTK | Playtika | -42.9% | -41.8% |
| 8 | ARKO | -42.0% | -0.2% | |
| 9 | LINC | Lincoln Educational Services | -41.6% | 5.1% |
| 10 | YSS | York Space Systems | -38.8% | n/a |
So what is a disciplined investor to do with this list?
A movers list is a map of market attention, not a set of instructions. The tables earlier show where capital and risk were most concentrated over three different horizons. The disciplined next step is to investigate the business behind the ticker. For instance, the day’s top gainer, OKTA, trades at 101.8 times trailing earnings. The day’s biggest decliner, Build-A-Bear Workshop (BBW), trades at 6.5 times trailing earnings. These figures point to vastly different investor expectations, and that is where real research begins.
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 three major indices – the S&P 500, S&P Mid-cap, and Russell 2000. Let the movers list remind you why diversification exists.