FRMI is soaring 18.7% today. It's bouncing after a -5.2% move in the previous session, a common rebound after a sharp drop. News driving it: Fermi shares surge on AMD credit support deal for Texas AI site.
GTA · WHY IS IT MOVING
Why is it moving?
GTA's explanation for today's biggest stock and ETF moves: company news, moves across the same industry, macro stories like China, AI, rates or oil, and the overall market. Written by GTA, updated through the day.
Market data is catching up after the last session; some moves may refresh shortly.
Biggest gainers
PARR is jumping 6.8% today. News driving it: Par Pacific Announces Third Quarter 2026 Earnings Release and Conference Call Schedule. Other oil & gas production are moving the same way (average +1.3%), so part of the move is group-wide.
CNXC is jumping 6.3% today. News driving it: Zacks Industry Outlook Highlights Concentrix, Sodexo and ABM Industries.
CVI is jumping 6.2% today. There's no company-specific news; it's moving with other integrated oil companies (average +2.6%: PBF +5.4%, BP +4.0%, VLO +3.5%).
STGW is jumping 5.9% today. There's no clear company, sector or macro catalyst in today's news, so the move may come from trading flows or positioning.
WIT is jumping 5.9% today. There's no clear company, sector or macro catalyst in today's news, so the move may come from trading flows or positioning.
LIFE is jumping 5.6% today. News driving it: Ethos to Announce Third Quarter 2026 Financial Results on November 2, 2026.
PBF is jumping 5.5% today. There's no company-specific news; it's moving with other integrated oil companies (average +2.7%: CVI +6.2%, BP +4.0%, VLO +3.5%).
AMC is jumping 5.2% today. There's no clear company, sector or macro catalyst in today's news, so the move may come from trading flows or positioning.
GFR is jumping 4.7% today. News driving it: RBC Raises Price Target on Greenfire Resources to CA$11 From CA$10.50, Keeps Sector Perform Rating. Other oil & gas production are moving the same way (average +1.3%), so part of the move is group-wide.
DEC is jumping 4.7% today. There's no clear company, sector or macro catalyst in today's news, so the move may come from trading flows or positioning.
HPK is jumping 4.7% today. There's no company-specific news; it's moving with other oil & gas production (average +1.3%: CVE +2.6%, CNQ +2.3%, PBA +1.5%).
Biggest decliners
SNDX is plunging 17.5% today. News driving it: Syndax Pharmaceuticals Selloff After IPF Trial Failure Appears 'Overdone,' BofA Securities Says. Other biotechnology: pharmaceutical preparations are moving the same way (average -1.3%), so part of the move is group-wide.
FUN is plunging 16.5% today. News driving it: Six Flags Stock Drops 10% After Hours Following a Fatal Roller Coaster Incident in Georgia.
CIFR is plunging 14.8% today. News driving it: Cipher Digital Tumbles 14% on $850M Convertible Note Offering and Share Exchange; Applied Digital Drops 5%.
OMDA is plunging 10.9% today. News driving it: Omada Health to Announce Third Quarter 2026 Financial Results and Host Conference Call on November 5, 2026.
TSHA is sliding 9.1% today. There's no company-specific news; it's moving with other biotechnology: biological products (average -1.7%: BNTX -5.1%, NBIX -3.4%, PCVX -3.3%).
CDNL is sliding 9.4% today. News driving it: Cardinal Infrastructure Group to Acquire Hughes Brothers Construction for $357.5 Million. Other military/government/technical are moving the same way (average -1.1%), so part of the move is group-wide.
DPC is sliding 8.9% today. There's no company-specific news; it's moving with other metal fabrications (average -1.6%: GNRC -4.7%, INIO -4.6%, HWM -2.5%).
ASTS is sliding 8.7% today. News driving it: AST SpaceMobile Sinks 9% as Piper Sandler Cuts to Neutral on SpaceX Direct-to-Cell Threat; Planet Labs Drops 4%, Rocket Lab Slips. Other telecommunications equipment are moving the same way (average -1.1%), so part of the move is group-wide.
PRO Options flow behind this move: unlock in the GTA TerminalFCEL is sliding 8.4% today. There's no company-specific news; it's moving with other industrial machinery/components (average -1.6%: LRCX -4.9%, BE -3.4%, ASML -3.3%).
CRDO is sliding 7.7% today. There's no company-specific news; it's moving with other semiconductors (average -2.0%: AMAT -7.5%, MU -5.6%, MRVL -2.5%). The backdrop: vCluster Labs Turns Open-Source NVIDIA Run:ai Into a Managed Cluster Product.
PRO Options flow behind this move: unlock in the GTA TerminalAMAT is sliding 7.4% today. News driving it: Applied Materials (AMAT) Trades at 39.66 Times Earnings. Can 2027 Growth Carry It?. Other semiconductors are moving the same way (average -1.6%), so part of the move is group-wide. The backdrop: vCluster Labs Turns Open-Source NVIDIA Run:ai Into a Managed Cluster Product.
PRO Options flow behind this move: unlock in the GTA TerminalSMMT is sliding 7.7% today. There's no company-specific news; it's moving with other biotechnology: pharmaceutical preparations (average -1.3%: JNJ -5.6%, VRTX -2.5%, ABBV -1.5%).
ETFs on the move
SOXX is down 2.3% today. It tracks chip stocks; those stocks are down about 2.1% on average, led by AMAT -6.4%, MU -5.4%, ALAB -3.9%. The backdrop: Wells Fargo CEO Dismisses AI Deposit Flight Concerns as 'Overdone'.
PRO Options flow behind this move: unlock in the GTA TerminalXBI is down 2.3% today. It tracks biotech; those stocks are down about 1.0% on average, led by JNJ -5.6%, VRTX -2.5%, ABBV -1.5%.
SMH is down 2.2% today. It tracks chip stocks; those stocks are down about 2.3% on average, led by AMAT -7.5%, MU -5.6%, ALAB -4.3%. The backdrop: vCluster Labs Turns Open-Source NVIDIA Run:ai Into a Managed Cluster Product.
PRO Options flow behind this move: unlock in the GTA TerminalXLE is up 1.3% today. It tracks energy stocks; those stocks are up about 2.0% on average, led by BP +4.0%, VLO +3.5%, MPC +2.9%.
XLV is down 1.1% today. It tracks health care; those stocks are down about 1.1% on average, led by JNJ -5.6%, VRTX -2.5%, ABBV -1.5%.
XLK is down 1.0% today. It tracks tech stocks; those stocks are down about 0.7% on average, led by MU -5.6%, SPCX -4.3%, ASML -3.3%.
Explanations are GTA analysis from public news and market data, not investment advice.