Urgent.News

What's breaking now, across thousands of outlets.

Finance & Markets

Harvard's endowment revealed a $2.2 billion SpaceX stake — its largest single stock holding

The holding in Space Exploration Technologies Corp. is the largest single stock position in Harvard's 13F filing, which shows $4.3 billion in U.S. equities

Harvard's endowment revealed a $2.2 billion SpaceX stake — its largest single stock holding

On Monday, several notable stocks experienced significant movements in the market. Among the largest-cap stocks, SanDisk (SNDK) saw a gain of 9.07%, while SpaceX (SPCX) rose by 5.56%. Meanwhile, Micron Technology (MU) and GE Vernova LLC (GEV) both increased by 5.0% and 3.1%, respectively. However, Facebook (META) saw a decline of 4.07%, and Philip Morris Intl (PM) dropped by 2.46%.

Among the large-cap stocks, Cerebras Systems Inc (CBRS) surged by 16.62%, and China Lodging Group (HTHT) climbed 5% following a positive earnings report and raised guidance. Coherent (COHR) and Credo Technology Holding (CRDO) also experienced gains of 10.52% and 9.97%, respectively. Vicor Corp (VICR) and Marvell Technology Group Ltd (MRVL) saw an increase of 8.05% and 6.51%, respectively.

In the mid-cap segment, AXT Inc (AXTI) jumped by 19.71%, and CF Acquisition Corp VI (RUMBW) rose by 16.07%. Figure Technology Solutions Ltd (FIGR) gained 12.15%, while Miniso Group Holding Ltd (MNSO) fell by 9.03%.

Small-cap stocks also had their share of movement, with Cantor Equity Partners III Inc (AIIR) increasing by 16.43%. Conversely, Flotek Industries Inc (FTK) saw a decline of 23.36%, and Rodgers Silicon Valley Acquisition (ENVX) experienced a rating downgrade by William Blair following a CEO resignation, leading to a 16.29% drop. Evolution Metals Tech (EMAT) and Bally's (BALY) also saw declines of 11.55% and 30.59%, respectively.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

This story

This is one outlet's version. Read the fullest account.

Read the original at qz.com →

More in Finance & Markets

More from Monday 17 August →