SpaceX's shares fell over 3% following a remarkable 50% surge in its first three days post-IPO at $135 per share. In contrast, the Invesco KBW Bank ETF (KBWB) achieved an all-time high, buoyed by major banks like JPMorgan, Bank of America, Goldman Sachs, and Morgan Stanley reaching new intraday records.
CarMax's stock dropped 7% despite beating earnings expectations with $1.31 per share, as it had previously rallied significantly. AST SpaceMobile's shares rose 2% after successfully launching three satellites to enhance its broadband network. La-Z-Boy saw a 19% increase in stock value following an 11% rise in retail sales for its fiscal fourth quarter.
Aehr Test Systems gained 12% after securing a follow-on production order from a key customer. Conversely, Lionsgate Studios fell over 6% after Netflix denied acquisition interest, despite a prior surge on merger speculation. Semiconductor stocks rebounded, with Intel rising nearly 4% after announcing production of its new chip.
Figma's stock increased 7% following a buy rating from Citigroup, which highlighted a $25 billion market potential. Salesforce continued its decline, marking a record 12th consecutive drop, while SharonAI Holdings jumped nearly 15% after announcing a $1.6 billion financing for AI expansion.
Jabil's shares rose almost 4% after exceeding earnings expectations, and UniQure soared nearly 75% after receiving FDA agreement for a gene therapy application. Nano Nuclear Energy's stock increased 11% following a buy rating from Roth Capital. AT&T's shares fell 3% after announcing a new CFO, Jennifer Biry