On Friday, equities across market-cap categories experienced sizable swings driven by a mix of earnings outcomes, analyst activity and other company-specific developments. The session featured steep declines among several large technology and semiconductor names even as a handful of smaller companies rallied sharply.
Mega-cap movers
Among companies with market capitalizations above $200 billion, Arm (ARM) led declines with a drop of 6.46%. Intel Corp (INTC) fell 5.67%, while semiconductor peers Micron Technology (MU) and Lam Research (LRCX) dropped 4.87% and 4.85%, respectively. Alibaba-exch (BABA) slid 5.11%, and Advanced Micro Devices (AMD) was lower by 3.46%. Other large names posting declines included Kla-tencor Corp (KLAC) at -3.89%, GE Vernova LLC (GEV) at -3.67%, Nvidia Corp (NVDA) at -3.8% and Tesla Motors (TSLA) at -3.7%.
Large-cap movers
Within the $10 billion to $200 billion group, Figma Inc (FIG) was a standout gainer, rising 16.9%. Conversely, dMY Technology Group III (IONQ) fell 8.88% and Bloom Energy Corp (BE) declined 6.05%. Circle Internet Group Inc (CRCL) and Hut 8 Mining PK (HUT) slid by 7.89% and 6.91%, respectively. Other large-cap losers included Forgent Power Solutions Inc (FPS) at -6.63%, Ford Motor Co (F) at -7.18%, Hecla Mining Comp (HL) at -7.22%, AngloGold Ashanti Ltd (AU) at -8.06% and Coeur d'Alene Mines Corp (CDE) at -7.48%.
Mid-cap movers
Mid-cap names showed pronounced volatility. CF Acquisition Corp VI (RUMBW) dropped 18.18% and York Space Systems Inc (YSS) fell 16.55%. Bctg Acquisition Corp (TNGX) declined 15.92% amid a noted downgrade, and POET Tech NAQ (POET) was down 9.89% after reporting a Q1 revenue shortfall. MUU (MUU) fell 10.06%, Live Oak Acq (NVTS) dropped 10.04% and Cree Inc. (WOLF) slid 10.09%. RXO Inc (RXO) bucked the trend with a 10.05% rise following an upgrade. Blue Safari Group Acquisition Corp (BTDR) declined 10.37%.
Small-cap movers
Small-cap action included sharp losses for IONX (IONX) at -17.02% and WhiteFiber (WYFI) at -18.87%. Churchill Capital III Corp (CTEV) fell 21.18%. By contrast, Globant SA (GLOB) jumped 13.09% after a top-line beat cited in market commentary, and Golden Bull (BTBT) dropped 16.24%. INTW (INTW) fell 11.65%. Gemini Space Station Ltd (GEMI) gained 10.71% after reporting a Q1 loss and receiving a $100 million investment. LITX (LITX) declined 9.74%, CONL (CONL) was down 12.13%, and Kindercare Learning Companies (KLC) dipped 7.78% despite reported earnings and revenue beats.
These moves illustrate differentiated performance across sectors and market-cap buckets on the same trading day, with semiconductors and large-cap technology names broadly weaker while select software, logistics and specialist small-caps advanced.