Stock Markets February 13, 2026

Applied Materials, Rivian and Pinterest Lead Wide Swings in Market-Cap Winners and Losers

Analyst actions, earnings results and guidance prompts drive large intraday moves from mega-caps to small-caps

By Maya Rios AMAT LRCX GE MRK MU
Applied Materials, Rivian and Pinterest Lead Wide Swings in Market-Cap Winners and Losers
AMAT LRCX GE MRK MU

Friday's trading session produced sharp moves across market-cap segments as analyst upgrades, earnings prints and guidance updates pushed some names sharply higher and others notably lower. Applied Materials and Rivian posted strong gains after positive analyst actions, while Pinterest and several mid- and small-cap names slumped following downgrades or disappointing guidance.

Key Points

  • Analyst ratings and research upgrades contributed to notable rallies in several large and mega-cap stocks, including Applied Materials and Roku, while downgrades weighed on names such as Pinterest.
  • Earnings results and guidance updates produced pronounced share-price reactions, with some companies reporting results that lifted shares and others issuing guidance that led to sharp declines.
  • Movements cut across sectors — semiconductors, software and cloud, consumer and leisure, electric vehicles and small-cap biotech — demonstrating broad, stock-specific volatility.

Markets saw pronounced intra-day volatility on Friday, with individual stocks reacting to analyst actions, quarterly results, guidance and fundraising activity. The session produced large percentage gains in some names and steep declines in others, spanning mega-cap, large-cap, mid-cap and small-cap lists.


Mega-Cap Movers (Market Cap: $200 billion USD or higher)

  • Applied Materials (AMAT); Applied Materials stock rating upgraded to Buy by Summit Insights +10.29%
  • Lam Research Corp (LRCX) +2.89%
  • General Electric (GE) +2.81%
  • Merck & Co (MRK); Deutsche Bank upgrades Merck stock rating to Buy on post-Keytruda growth +1.95%
  • Micron Tech (MU) -1.79%

Large-Cap Stock Movers (Market Cap: $10-$200 billion USD)

  • Rivian Automotive (RIVN); Rivian stock rating upgraded to Neutral by UBS on balanced risk/reward +20.57%
  • Coinbase Global (COIN) +15.76%
  • Roku (ROKU); Rosenblatt upgrades Roku stock rating to Buy on strong earnings, raises price target +9.88%
  • HubSpot Inc (HUBS) +9.58%
  • Toast (TOST); Toast shares drop as Q4 earnings miss overshadows revenue beat +8.78%
  • DexCom (DXCM) +9.08%
  • Moderna (MRNA) +7.45%
  • Regencell Bioscience Holdings (RGC) +7.55%
  • Diamond Eagle Acquisition Corp (DKNG); DraftKings shares plunge 13% as 2026 guidance disappoints, despite better-than-expected Q4 print -11.92%
  • Pinterest Inc (PINS); Baird downgrades Pinterest stock to Neutral amid advertiser headwinds -21.01%

Mid-Cap Stock Movers (Market Cap: $2-$10 billion USD)

  • Tri Pointe Homes (TPH) +26.76%
  • Maplebear (CART); Instacart shares soar 14% on top-line beat in Q4 +15.01%
  • Mudrick Capital A (HYMC) +16.01%
  • Procore Technologies (PCOR) +11.33%
  • 10X Genomics Inc (TXG) +12.45%
  • Callaway Golf Comp (CALY); Callaway Golf shares tumble after revenue miss and weak outlook -12.75%
  • Ryan Specialty Group Holdings (RYAN); Ryan Specialty misses Q4 expectations, shares tumble -15.5%
  • Fortune Brands Home & Security (FBIN); Fortune Brands tumbles as guidance falls short of expectations -17.33%
  • Brgt Hrz Fml Slt (BFAM); Bright Horizons shares tumble as 2026 guidance disappoints -17.0%
  • Braiin (BRAI) -42.02%

Small-Cap Stock Movers (Market Cap: $300 million - $2 billion USD)

  • Corsair Gaming Inc (CRSR) +65.83%
  • Cooper Stnd (CPS) +25.68%
  • Mitek Systems (MITK); Jefferies upgrades Mitek Systems stock to Buy on fraud detection growth +16.16%
  • Evommune (EVMN); Evommune raises $125 million in private placement to fund R&D +13.02%
  • BITX (BITX) +11.05%
  • American Axle & Manufacturing (DCH) -21.12%
  • Adara Acquisition (AENT) -19.51%
  • NYSE US 100 (NUS) -17.18%
  • Yelp (YELP) -10.16%
  • Upstream Bio (UPB) -10.63%

Across market caps, the session combined analyst upgrades - such as the Buy recommendation for Applied Materials from Summit Insights and the Rosenblatt upgrade on Roku - with company-specific results and guidance items that drove sharp moves. The large gains in selected names and severe declines in others underlined the dispersion of returns during the trading day.

Summary of drivers shown in the session: analyst rating changes, quarterly earnings outcomes, guidance updates and private placement fundraising were among the catalysts highlighted in individual stock movements.

Note: The list above captures the biggest percentage movers cited for the day across mega-, large-, mid- and small-cap cohorts and the specific analyst or company notes referenced alongside select tickers.

Risks

  • Guidance disappointments and missed expectations can trigger sizeable share declines, as seen with DraftKings-associated shares, Fortune Brands, Bright Horizons and others, affecting consumer and services sectors.
  • Advertising- and demand-related downgrades, exemplified by Pinterest's downgrade amid advertiser headwinds, pose downside risk for digital-ad reliant companies.
  • Analyst rating changes and revisions to price targets can increase short-term volatility across sectors, especially for mid- and small-cap stocks with thinner liquidity.

More from Stock Markets

Moscow Market Closes Flat as Select Large-Caps Offset Losses Feb 21, 2026 Honeywell Reconsiders Purchase of Johnson Matthey Catalyst Unit as Closing Obstacles Emerge Feb 21, 2026 Indigenous Occupation Halts Operations at Cargill’s Santarem Terminal Feb 21, 2026 Market Turbulence Reinforces Case for Broader Diversification Feb 21, 2026 NYSE Holdings UK Ltd launches unified trading platform to streamline market access Feb 21, 2026