Check out the companies making the biggest moves in intraday trading: SanDisk , Micron — Memory stocks rose after Melius Research highlighted the group and said the artificial intelligence cycle will keep memory demand high through the end of the 20th century. Analysts said investors are likely to pay more for the sector as they realize that stock prices are less cyclical than in the past. Micron shares rose 5% and SanDisk rose more than 7%. Lionsgate Studios — Shares of Lionsgate Studios rose about 4% after pop star Michael Jackson’s biopic “Michael” performed well at the box office. The film grossed $97 million in U.S. ticket sales and $217 million worldwide in its opening weekend, according to estimates released Sunday. The result was $30 million more than expected, making it the highest-grossing biopic of all time. Verizon — Shares of the telecommunications giant rose about 3% following the company’s latest financial results. Adjusted earnings for the first quarter were $1.28 per share, beating analysts’ estimates of $1.20 per share compiled by LSEG. Verizon also raised its full-year adjusted earnings outlook from $4.90 to $4.95 per share to $4.95 to $4.99 per share. GE Vernova — Shares of the energy equipment maker fell 3%. BNP Paribas Exane downgraded GE Vernova from outperform to neutral, according to Street Accounts. The company last week reported first-quarter revenue of $9.34 billion, beating the FactSet consensus of $9.25 billion. The stock price rose 70% in 2026. SNAP — The maker of social media app Snapchat saw its stock price rise nearly 9% after Rothschild & Co. Redburn raised its buy rating on the stock. The company raised its price target to $10 from $5, suggesting a potential upside of nearly 77% from Friday’s closing price. Snap’s subscription business “is performing well, delivering high-margin revenue growth and offsetting losses in other areas,” the company wrote. SkyWater Technology — Semiconductor engineering and manufacturing foundry’s stock price fell more than 7%. Skywater announced after the market closed on Friday that it had received a second request for additional information from the Federal Trade Commission in connection with its planned acquisition of IonQ. Aeon Q’s stock price fell nearly 3%. Advanced Micro Devices – Shares of the chipmaker fell 4% after Northland Capital Markets downgraded the stock’s market performance rating from Outperform. Analyst Gus Richard explained that competitors such as Intel are catching up to the company, and AMD will need to spend more money on research and development to stay ahead. POET Technologies — a designer of integrated optical engines and light sources for AI networks — saw its stock plummet 48% after Celestial AI, a division of Marvell Semiconductor, announced it was canceling all orders. Marvell said in POET’s statement that POET disclosed “information related to purchase orders and shipping information in violation of confidentiality obligations.” Oruka Therapeutics — Shares of the Silicon Valley-based biotech soared 16% after the company reported positive interim results in its Phase 2a trial of Everlast-A, a monoclonal antibody treatment for moderate to severe plaque psoriasis. Domino’s Pizza — Shares of the pizza chain fell 9% after the company reported lower-than-expected first-quarter U.S. sales. Domino’s Pizza’s U.S. same-store sales rose 0.9% in the same period, according to Street Accounts, compared to an average of 2.3%. Domino’s Pizza expects same-store sales to grow at a low-single-digit pace in 2026 both in the U.S. and internationally. Previously, sales were expected to increase by 3% in the U.S. and 1-2% overseas. Organon — Shares of the healthcare company rose 17% after Indian drugmaker Sun Pharmaceutical Industries announced it would acquire the company. Organon, which was spun off from Merck in 2021, said the deal creates immediate and compelling value for shareholders. Qualcomm, Apple — The chipmaker’s stock rose slightly a day after it soared on a market rally. Ming-Chi Kuo, an analyst at TF International Securities, said in a post on X that OpenAI is working with Qualcomm to develop smartphone processors. iPhone maker Apple fell 1.7% following reports of a potential new competitor. —CNBC’s Scott Schnipper, Darla Mercado, Michelle Fox and Fred Imbert contributed reporting.
