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Reading: Stock Movers: SpaceX, Moderna Rise as Intel Falls
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Stock movers on Tuesday included SpaceX and Moderna among the biggest gainers, while Intel, Planet Labs and Huntsman led notable declines.
PhotoNews Pakistan > Business > Stock Movers: SpaceX, Moderna Rise as Intel Falls
Business

Stock Movers: SpaceX, Moderna Rise as Intel Falls

Web Desk
By Web Desk Published June 17, 2026 2 Min Read
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A digital market graphic shows S&P 500 text, candlestick charts, and an upward-trending line over a futuristic financial interface.
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Stock movers on Tuesday included SpaceX and Moderna among the biggest gainers, while Intel, Planet Labs and Huntsman led notable declines.

SpaceX rose 10.02% among mega-cap names. Current market reporting said the move extended its post-IPO rally after news of a $60 billion Cursor acquisition.

Western Digital gained 6.93%, and Intel Corp. fell 5.73% after Mobileye said it would launch its own robotaxi service in a US city in 2027.

Other mega-cap decliners included KLA Corp., Marvell Technology, Advanced Micro Devices, Netflix, Micron Technology, SanDisk and Broadcom.

“At its Tuesday high of $225.64, SpaceX was valued at roughly $2.97 trillion, putting it behind only Nvidia (NVDA), Alphabet (GOOGL, GOOG), and Apple (AAPL) among US public companies…”https://t.co/zTAFg7tieB

— More Perfect Union (@MorePerfectUS) June 16, 2026

In large caps, CoreWeave rose 11.43% after reporting the fastest DeepSeek-V3 training in an MLPerf test. Moderna gained 10.07% after expanding Stephen Hoge’s role and naming a commercial chief.

Talen Energy climbed 7.62%, while Roblox rose 6.2% after launching age-based accounts globally for users under 16.

Read: SpaceX Anysphere Deal Values Cursor Maker at $60bn

Planet Labs fell 8.78%, Applied Optoelectronics dropped 8.16%, Lumentum Holdings lost 7.77%, and Ciena declined 6.26%.

In mid-caps, Lionsgate Studios rose 12.11% amid takeover chatter. Eos Energy gained 9.72% after starting production at its second battery line in Pennsylvania.

Huntsman fell 16.39% after Olin and Huntsman announced an all-stock merger to form a $12 billion company.

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