Moderna Gains, Dell Falls, BNY Rises
Today's biggest winners and losers in the stock market, a look at the notable movers:
On this episode of Stock Movers:
- Moderna (MRNA) gained after Merck CEO Rob Davis said in an TV interview that he expects the company's breakthrough cancer vaccine with Moderna to get faster to make over time. The stock was also buoyed by a broader move out of AI-related tech stocks.
- Dell (DELL) fell on Thursday amid broader weakness in AI-linked stocks. Tech stocks are in focus after Anthropic told investors third-quarter revenue reached $16.8 billion, while CoreWeave is under pressure amid concerns over its bonds trading at distressed levels.
- Bank of New York Mellon (BNY) shares are up as much as 3.5% after the firm said on its earnings call it is raising the outlook for growth and operating leverage in 2026. It earlier reported adjusted earnings per share for the third quarter that beat the average analyst estimate.
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