Market Movers | Winners: MXL, SYNA, WOLF | Losers: IART, WDC, STX
The S&P 500 advanced 0.7% on Friday, October 2, while the Nasdaq-100 jumped 1.0% and the Dow Jones Industrial Average rose 0.5%. Over the past week the S&P 500 is down 0.3%, and over the past month it is up 0.7%.
Within the Trefis coverage universe, 2,445 stocks rose and 1,637 fell. The day’s best return belonged to MaxLinear (MXL) (+15.0%) and the worst to Integra Lifesciences (IART) (-21.2%).
Friday’s Market Winners
The 10 US-listed stocks in the Trefis coverage universe worth at least $300 million with the highest returns on Friday:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | MXL | MaxLinear | 15.0% | 507.7% |
| 2 | SYNA | Synaptics | 14.1% | 63.6% |
| 3 | WOLF | Wolfspeed | 13.2% | 102.6% |
| 4 | OPTX | Syntec Optics | 12.7% | 219.6% |
| 5 | WNC | Wabash National | 12.7% | 66.3% |
| 6 | AZTA | Azenta | 12.4% | 16.5% |
| 7 | MYGN | Myriad Genetics | 11.8% | -26.2% |
| 8 | PENG | Penguin Solutions | 11.6% | 213.7% |
| 9 | FCEL | FuelCell Energy | 11.5% | 152.7% |
| 10 | VSH | Vishay Intertechnology | 11.4% | 166.3% |
Friday’s Market Losers
And the 10 US-listed stocks in the Trefis coverage universe worth at least $300 million with the lowest returns on Friday:
| # | Ticker | Company Name | 1-D Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | IART | Integra Lifesciences | -21.2% | 2.1% |
| 2 | WDC | Western Digital | -10.2% | 141.3% |
| 3 | STX | Seagate Technology | -10.2% | 209.3% |
| 4 | EVCM | EverCommerce | -9.6% | -26.2% |
| 5 | QNC | Quantum eMotion | -8.6% | n/a |
| 6 | TH | Target Hospitality | -8.0% | 135.2% |
| 7 | GEMI | Gemini Space Station | -7.9% | -52.9% |
| 8 | CNXC | Concentrix | -7.8% | -37.7% |
| 9 | IHRT | iHeartMedia | -7.6% | -53.4% |
| 10 | UCTT | Ultra Clean | -7.6% | 187.0% |
For A Few Names, Friday Extended A Monthly Trend
MaxLinear (MXL) appears on both the one-day and one-month winners lists. It rose 15.0% on Friday and is up 76.3% over the past month; excluding Friday, it had already gained 53.3% 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 Trefis coverage universe:
Winners
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | QSI | Quantum-Si | 85.8% | 40.9% |
| 2 | PACB | Pacific Biosciences of California | 56.8% | 35.8% |
| 3 | IOVA | Iovance Biotherapeutics | 29.2% | 420.7% |
| 4 | WOLF | Wolfspeed | 28.0% | 102.6% |
| 5 | OPTX | Syntec Optics | 23.5% | 219.6% |
| 6 | LIND | Lindblad Expeditions | 22.2% | 141.2% |
| 7 | IBRX | ImmunityBio | 21.9% | 419.4% |
| 8 | SFIX | Stitch Fix | 21.1% | -50.3% |
| 9 | ACLS | Axcelis Technologies | 20.0% | 83.9% |
| 10 | RXO | RXO | 18.1% | 85.0% |
Losers
| # | Ticker | Company Name | 1-W Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | LQDA | Liquidia | -58.1% | -17.0% |
| 2 | QURE | uniQure | -38.6% | -2.0% |
| 3 | EMAT | Evolution Metals & Technologies | -36.3% | n/a |
| 4 | KDK | Kodiak AI | -32.5% | -85.0% |
| 5 | OCUL | Ocular Therapeutix | -27.9% | -42.7% |
| 6 | CLPT | ClearPoint Neuro | -26.5% | -20.4% |
| 7 | NKTR | Nektar Therapeutics | -23.6% | 3.1% |
| 8 | FICO | Fair Isaac | -23.4% | -60.9% |
| 9 | IART | Integra Lifesciences | -21.3% | 2.1% |
| 10 | BXBL | BOXABL | -19.9% | n/a |
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 | BNC | BNB Standard | 106.7% | -8.9% |
| 2 | QSI | Quantum-Si | 103.7% | 40.9% |
| 3 | SECZ | Securitize | 99.5% | n/a |
| 4 | PACB | Pacific Biosciences of California | 92.4% | 35.8% |
| 5 | SVIA | Silvia | 85.3% | n/a |
| 6 | GRAL | GRAIL | 77.8% | n/a |
| 7 | MXL | MaxLinear | 76.3% | 507.7% |
| 8 | DNA | Ginkgo Bioworks | 75.7% | 48.6% |
| 9 | VICR | Vicor | 70.1% | 181.8% |
| 10 | IOVA | Iovance Biotherapeutics | 64.9% | 420.7% |
Losers
| # | Ticker | Company Name | 1-M Returns |
YTD Returns |
|---|---|---|---|---|
| 1 | LQDA | Liquidia | -58.9% | -17.0% |
| 2 | BBOT | BridgeBio Oncology Therapeutics | -56.2% | -68.9% |
| 3 | KDK | Kodiak AI | -54.1% | -85.0% |
| 4 | QURE | uniQure | -49.3% | -2.0% |
| 5 | CABA | Cabaletta Bio | -44.0% | -8.7% |
| 6 | METC | Ramaco Resources | -43.8% | -55.0% |
| 7 | RARE | Ultragenyx Pharmaceutical | -42.6% | -33.8% |
| 8 | ALHC | Alignment Healthcare | -41.6% | -59.8% |
| 9 | CTEV | Claritev | -41.0% | -44.5% |
| 10 | EMAT | Evolution Metals & Technologies | -40.4% | n/a |
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.