US Market today: Why did Disney jump 5%? Check out gainers and losers in US stocks today

US stock market news today
Share

What happened in the US stock market today?

  • US Stocks ended mixed. Nasdaq lost 0.6%, SP 500 ended 0.1% lower while Dow ended 0.1% lower. 
  • Healthcare, Tech stocks fell the most while Energy and banking stocks gained the most.
  • Bumble share price nosedived 9% after reports of cutting its revenue forecast for the 2nd half of year 2022.
  • Rivian Automotive share price fell 2% after the company posted a loss in the June quarter.

US Most Active Stocks Today

Stock price actionReason behind the move
ARK Genomic Revolution ETF lost 2%ARK Genomic Revolution ETF price fell sharply over the loss in underlying stocks of CareDx, Twist, Exact, and Ionis.
ARK Innovation ETF fell 3%ARK Innovation ETF price fell sharply tracking the losses in Coinbase, Zoom, Block, and Tesla stocks.
Cloudflare lost 5%Cloudflare share price lost sharply over reports of Credit Suisse lowering share price target to $125 per share over weak growth guidance.
Coinbase lost 11%Coinbase share price fell sharply after S&P lowered its global ratings by one notch to 'BB' over weak earnings and competitive pressure and put a negative outlook.
Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X ETF jumped 8%Direxion Daily S&P Oil & Gas Exp. & Prod. Bull 2X Shares ETF price jumped tracking the gains in the energy stocks such as Devon Energy, Antero Resources and ConocoPhillips.
Direxion Daily Semiconductor Bull 3X ETF lost 1%Direxion Daily Semiconductor Bull 3X ETF price fell following profit-booking driven losses in chip stocks of Marvell Tech, AMD and Broadcom.
Direxion Daily Technology Bull 3X ETF fell 1%Direxion Daily Technology Bull 3X ETF price fell following the losses in underlying stocks of NVIDIA, Mastercard, and Microsoft.
Disney gained 5%Walt Disney jumped sharply post reposting solid growth in revenue, streaming customers crossed 221 million - higher than Netflix.
Ford gained 2%Ford share price extended gains post favourable inflation data release in the US, reports of more incentives for electric vehicle buyers.
Nvidia fell 1%Nvidia share price fell along with other chip stocks driven by profit-booking after gaining sharply over favourable inflation data release in the US.
ProShares Bitcoin Strategy ETF gained 3%ProShares Bitcoin Strategy ETF (BITO) price jumped sharply tracking the gains in Bitcoin prices and trading volumes.
ProShares Ultra Semiconductors fell 1%ProShares Ultra Semiconductors ETF price fell driven by profit-booking after gaining sharply over favourable inflation data release in the US.
Upstart fell 5%Upstart share price fell sharply post Atlantic Securities downgraded the stock to "Underweight" after weak revenue growth guidance.
  • Why did Disney stock jump?

  • Why did Bumble share price fall sharply?

  • Which sectors were the biggest gainers and losers

Share: