Stock Markets February 2, 2026

Broad Market Movers: Disney, Micron and a Wide Swath of Names See Volatility on Monday

Mega-cap technology names and small-cap biotech and real estate issues led a day of disparate gains and losses across market capitalizations

By Nina Shah INTC MU AMD CAT CSCO
Broad Market Movers: Disney, Micron and a Wide Swath of Names See Volatility on Monday
INTC MU AMD CAT CSCO

Stocks across market caps showed notable dispersion on Monday, with several large-cap technology and industrial names rallying while a number of consumer, electric vehicle and small-cap issuers fell sharply. Semiconductor and hardware-related companies produced some of the largest gains in the mega-cap and large-cap groups, while select small- and mid-cap stocks posted very large percentage moves tied to company-specific news.

Key Points

  • Semiconductor and hardware-related names contributed to many of the largest gains among mega- and large-cap stocks.
  • Several small- and mid-cap companies experienced very large percentage moves linked to company-specific news such as regulatory communications, executive appointments and guidance updates.
  • Market volatility was evident across sectors, with notable activity in technology, biotech, industrials, consumer and financials.

Equity markets displayed uneven performance on Monday as a mixture of company-specific developments and broader trading dynamics drove outsized moves across firms of all sizes. Technology and industrial names led many of the gains among large-cap issues, while a number of small- and mid-cap companies recorded dramatic single-day declines.


Mega-cap movers

  • Intel Corp (INTC): +7.13%
  • Micron Tech (MU): +5.96%
  • Adv Micro Device (AMD): +5.46%
  • Caterpillar (CAT): +4.49%
  • Cisco Sys Inc (CSCO): +3.21%
  • Wal-mart Stores (WMT): +3.8%
  • IBM (IBM): +2.68%
  • Lam Research Corp (LRCX); Lam Research and CEA-Leti partner to develop specialty tech devices: +2.54%
  • Visa Inc (V): +2.9%
  • Disney (DIS): -7.21%

Among the largest-capitalization names, semiconductor and hardware firms produced notable upside, while a high-profile entertainment company posted a sizeable decline. Lam Research's move included a corporate note on a partnership to develop specialty tech devices.


Large-cap stock movers

  • SanDisk Corp-Exch (SNDK): +15.67%
  • Regencell Bioscience Holdings (RGC): +12.0%
  • Rambus Inc (RMBS): +11.79%
  • Lumentum Holdings Inc (LITE): +11.3%
  • Western Digital (WDC): +9.51%
  • Carnival Corp-Exch (CCL): +8.26%
  • TTM Technologies (TTMI): +7.24%
  • GameStop Corp (GME): +8.0%
  • Robinhood Markets (HOOD): -9.47%
  • Xpeng Inc (XPEV): -7.95%

The large-cap cohort saw double-digit percentage gains in several names, with storage and optics-related companies among the leaders. Conversely, a number of consumer and fintech-facing stocks moved lower.


Mid-cap movers

  • Phoenix Asia Holdings (PHOE): -85.16%
  • Twist Bioscience Corporation (TWST); Twist Bioscience stock rises 5% on revenue beat, raised guidance: +10.66%
  • Semtech Corp (SMTC): +10.63%
  • TECO Energy Inc-Exch (TE): +10.32%
  • Saia (SAIA): +9.14%
  • Applied Opt (AAOI): +8.92%
  • Comstock Resources Inc (CRK): -8.71%
  • York Space Systems Inc (YSS): -11.15%
  • ETHA (ETHA): -12.1%
  • FETH ETH (FETH): -11.75%

Mid-cap activity featured a mix of strong rallies tied to corporate updates and severe declines among certain issuers. Twist Bioscience's share move was noted alongside commentary that the stock rose after a revenue beat and raised guidance.


Small-cap stock movers

  • Aquestive Therapeutics (AQST); FDA issues complete response letter for Aquestive’s anaphylaxis drug: +45.25%
  • Anbio Biotechnology (NNNN): +35.33%
  • Peakstone Realty Trust (PKST): +33.23%
  • VenHub Global (VHUB); VenHub Global appoints Ian Rasmussen as EVP of global expansion: +29.75%
  • Opera Ltd (OPRA); Opera expects to exceed Q4 guidance on revenue and earnings: +15.86%
  • AXT Inc (AXTI): +16.56%
  • Tocagen Inc (FBRX): +15.77%
  • Adlai Nortye ADR (ANL): -14.66%
  • ETHU (ETHU): -24.65%
  • Yext Inc (YEXT); Yext CEO withdraws $9 per share buyout proposal, company plans tender offer: -23.39%

Small-cap trading was marked by large percentage moves in both directions. Several companies recorded double- and triple-digit gains, some tied to specific corporate actions or regulatory notices, while other names fell sharply amid company-specific developments.


Takeaways

  • Market action on Monday was driven primarily by company-specific announcements and partnerships for several technology and biotech names.
  • Semiconductor and equipment suppliers were among the strongest performers in the mega- and large-cap groups, while certain entertainment, EV and small-cap issuers recorded pronounced declines.
  • Volatility was widespread across market capitalizations, from mega-caps to small-caps, indicating differentiated investor responses to individual corporate updates.

These movements illustrate the degree to which single-company news can influence share prices across market-cap segments on any given trading day. Observers should note the concentration of tech-related gains and the simultaneous presence of steep declines in several smaller issuers.

Risks

  • Company-specific developments can trigger sharp single-day declines or rallies, creating elevated short-term risk for investors in small- and mid-cap stocks - affects small-cap, mid-cap sectors.
  • Regulatory actions and executive decisions cited in company notices can introduce uncertainty and rapid price swings for biotech and technology-related firms - affects biotech and tech sectors.
  • Concentrated moves in a few large names may mask broader market conditions and increase sector-specific volatility for investors focused on technology and related suppliers - affects technology and industrial sectors.

More from Stock Markets

Elong Power Shares Collapse After Company Prices $7.6M Unit Offering Feb 2, 2026 Pfizer Inches Higher as Investors Await Quarterly Results Feb 2, 2026 SenesTech Shares Climb After New Zealand Clears Evolve Fertility Control Feb 2, 2026 Cboe Weighs Regulated 'All-or-None' Options Product to Rival Prediction Markets Feb 2, 2026 Earnings Roundup: PepsiCo, AMD, Amgen, Pfizer and Merck Headline Tuesday Reports Feb 2, 2026