Weekly Round Up: Dell, Replimune, Snowflake Surged
from Stock Movers Hosted by iHeartPodcasts
Today's biggest winners and losers in the stock market, a look at the notable movers: On this episode of Stock Movers: - Dell Technologies (DELL) shares soared this week after the Texas-based company raised both its full year revenue and adjusted EPS outlooks on strong demand for its AI-powering servers. Analysts are widely impressed with the report, calling it “another blowout quarter.” The stock is up as much as 35%, its biggest intraday percentage jump since March 2024; with the move, the stock is now up more than 235% this year - Replimune Group (REPL) shares soared as much as 82%, most intraday since October, after the biotech said it aligned with the FDA on a path to resubmit its Biologics License Application for RP1 in combination with nivolumab for advanced melanoma treatment. The Wall Street Journal previously reported the news. - Snowflake (SNOW) shares surged by the most in more than five years after the software maker gave a stronger-than-expected annual outlook and signed a $6 billion multiyear agreement to use Amazon.com Inc.’s cloud services and chips.
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