Stock Movers

Today's biggest winners and losers in the stock market, a look at the notable movers for the day:

On this episode of Stock Movers:
--Micron Technology's (MU) market capitalization will more than double over the next 12 months, according to at least one analyst. UBS Group AG boosted its price target for Micron Technology to $1,625, roughly 116% higher than its close on Friday of $751. The new guidance implies a market value of more than $1.8 trillion, larger than the current market capitalization of companies like Meta Platforms Inc., Tesla Inc. and Berkshire Hathaway Inc.

- AutoZone (AZU) shares fall 5.2% in premarket trading after the retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street’s expectations.

-Shares in rocket and satellite companies rally Tuesday and are set to extend recent gains. The sector has advanced since SpaceX filed publicly for what stands to be the largest ever initial public offering. Among movers: Redwire +25%, MDA Space +10%, Firefly Aerospace +18%, Intuitive Machines +19%, AST SpaceMobile +17%, York Space Systems +15%, Voyager Technologies +10%, Satellogic +12%, EchoStar +5.9%
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On this episode of Stock Movers:
- Pony AI (PONY) shares rise. Pony AI Inc. raised its robotaxi fleet target for this year by 500 vehicles to 3,500 after reporting stronger-than-expected first-quarter revenue. The company posted 145% on-year revenue growth to $34.3 million in the three months ended March, beating the $21.7 million average analyst estimate.
- Autozone (AZO) shares slide. The retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street’s expectations.
- Micron Technology (MU) shares gain. UBS raised its price target on the memory chipmaker to a Street-high view of $1,625, up from $535. The target implies the stock will more than double off its premarket price of roughly $800, and would represent a market capitalization of $1.8 trillion, suggesting Micron will cement its recent status as one of the largest companies in the world, and one of the most important companies of the AI trade.
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On this episode of Stock Movers:
- Eli Lilly (LLY) shares rise. Eli Lilly & Co. is buying three clinical-stage vaccine developers for as much as $3.8 billion, leveraging its obesity-fueled dominance to establish itself as a leader in other areas and become a major player in infectious diseases.
- Micron Technology (MU) shares gain. UBS raised its price target on the memory chipmaker to a Street-high view of $1,625, up from $535. The target implies the stock will more than double off its premarket price of roughly $800, and would represent a market capitalization of $1.8 trillion, suggesting Micron will cement its recent status as one of the largest companies in the world, and one of the most important companies of the AI trade.
- Redwire shares rise. Shares in rocket and satellite companies rally Tuesday and are set to extend recent gains. The sector has advanced since SpaceX filed publicly for what stands to be the largest ever initial public offering.
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Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- AutoZone (AZO) shares fall after the retailer of automotive replacement parts posted comparable sales for the third quarter that fell short of Wall Street’s expectations.
- Ferrari (RACE IM) shares fell almost 8% after critics panned the look of its first fully electric vehicle, a setback for the Italian super-car maker’s controversial push into EVs.
- Eli Lilly (LLY) agreed to buy three vaccine developers for as much as $3.8 billion, marking the drugmaker’s re-entry into the infectious disease space.
See omnystudio.com/listener for privacy information.

Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- Ferrari (RACE IM) shares fell after critics panned the look of its first fully electric vehicle, a setback for the Italian supercar maker’s controversial push into EVs.
- Eli Lilly (LLY) agreed to acquire Curevo, LimmaTech Biologics and Vaccine Company for a combined total of up to $3.83 billion in cash, according to a statement.
- Uber Technologies (UBER) has offered to take over Delivery Hero SE in a deal that would value the German delivery company at about $11.6 billion as it seeks to ramp up competition with DoorDash Inc. outside the US.
See omnystudio.com/listener for privacy information.