Stock Market Movers: Tilray Surges, Fermi Plunges
Update: 2025-12-12
Description
Todays stock market saw significant movements, with Tilray Brands surging thirty-three percent on expectations of a marijuana reclassification by President Trump. Quanex Building Products climbed nine percent after beating earnings expectations, while Allegiant Travel rose over five percent following a positive upgrade from Deutsche Bank. Lantheus gained six percent after Truist upgraded its stock to a buy, citing promising growth prospects. Fermi, however, plummeted thirty-three percent after losing a one hundred fifty million dollar funding deal. Lululemon jumped nearly ten percent despite its CEOs departure, while Costco and Broadcom saw slight dips despite exceeding earnings forecasts.
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