Peabody Energy
The coal company saw a notable jump of 9%. This surge follows Peabody’s initiation of arbitration proceedings with Anglo American regarding the canceled purchase of steelmaking coal assets.
SanDisk
SanDisk, known for its solid-state drives, experienced a remarkable increase of 10%, adding to its impressive six-month gain of 170%.
Credit Bureaus: Transunion and Equifax
Both credit bureaus made a recovery, with Transunion rising by 4.8% and Equifax by 1.4%. This rebound comes after a steep decline in the previous session, triggered by Fair Isaac’s decision to allow all mortgage lenders direct access to FICO scores. Just a day prior, Transunion had plunged by 10.6%, while Equifax lost 8.5%.
Las Vegas Sands and Wynn Resorts
In contrast, casino operators Las Vegas Sands and Wynn Resorts each saw declines of over 5%. This downturn is attributed to an impending storm in Macao, which could disrupt the region’s Golden Week, a peak time for tourism.
Palantir Technologies
Palantir Technologies faced a 4% drop after a Reuters report highlighted an internal U.S. Army memo that identified “deep flaws” in battlefield communication systems, including those developed by Palantir and Anduril.
USA Rare Earth
In a positive turn, USA Rare Earth surged by 18% following CEO Barbara Humpton’s statement on CNBC about the company’s close communication with the White House.
GameStop
GameStop, the well-known meme stock, fell by 2% after announcing in a filing that it is selling a mix of assets, including common stock and debt, for an undisclosed amount.
Applied Materials
Shares of Applied Materials slipped by 2.1% after the company disclosed in a regulatory filing that new U.S. export restrictions would negatively impact revenue. The company anticipates a revenue decrease of approximately $110 million for the fourth quarter and around $600 million for fiscal 2026.
Uranium Energy
Uranium Energy experienced a 2.3% decline following its announcement of a secondary offering of 15.5 million shares, with Goldman Sachs serving as the sole underwriter.
Entergy
Conversely, Entergy’s stock rose by 3% after announcing plans to provide power for Google’s $4 billion technology investment in Arkansas, which includes the development of a new data center in West Memphis.
Zillow
Zillow’s stock increased by over 4% after Gordon Haskett upgraded it from hold to buy. The Wall Street researcher noted that the recent sell-off was overdone, presenting an attractive buying opportunity amid concerns about competition and legal issues.
Red Cat Holdings
Red Cat Holdings, a drone stock, gained 14% after Needham initiated research coverage with a buy rating. The firm believes the unmanned aerial systems industry is entering a supercycle, positioning Red Cat to benefit from rising demand.
Freeport-McMoRan
Finally, Freeport-McMoRan, a copper and gold miner, saw a gain of over 3.2% after UBS upgraded its rating from neutral to buy. The analyst noted that the market has been overly punitive following the declaration of force majeure at its Grasberg mine in Indonesia, suggesting that the risk-reward scenario is now attractive.
— CNBC’s Yun Li, Scott Schnipper, Alex Harring, and Sarah Min contributed reporting.
