Top Stock Movers Now: Vertex, DoorDash, Constellation Energy, and More

U.S. equities were lower at midday as the market watched for any possible deals involving Trump administration tariffs and awaited tomorrow’s statement from the Federal Reserve policymakers following their two-day meeting. The Dow Jones Industrial Average, S&P 500, and Nasdaq all fell.

Vertex Pharmaceuticals (VRTX) shares plunged after the biotech firm missed profit and sales estimates on higher costs and issues with sales in Russia.

Shares of DoorDash (DASH) slumped when the food-delivery service missed revenue estimates and made a pair of acquisitions, including a $3.9 billion purchase of British firm Deliveroo.

Coterra Energy (CTRA) shares slid when the oil and gas producer said it was cutting back on capital spending because of macroeconomic uncertainty and the falling price of oil. 

Constellation Energy (CEG) was the best-performing stock in the S&P 500 when the nuclear power provider easily exceeded revenue forecasts and held its full-year profit outlook steady on rising demand for energy from artificial intelligence (AI) applications.

Shares of Ford Motor (F) advanced as the carmaker said auto tariffs won’t cause a significant increase in the price of new vehicles.

Leidos Holdings (LDOS) shares jumped after the defense and technology firm posted better-than-anticipated results as security and defense contracts grew.

Oil and gold futures gained. The yield on the 10-year Treasury note was basically unchanged. The U.S. dollar lost ground to the euro, pound, and yen. Prices for most major cryptocurrencies were mixed, with bitcoin ticking higher.