Log In Get Started
Stock Markets March 5, 2026 10:31 AM

Broadcom, Oracle and Retail Names Drive Big Moves Across Market Caps

Mega-caps to small-caps show pronounced swings as company-specific news and earnings updates move share prices

By Hana Yamamoto WMT MRK PM JNJ ORCL

Trading on Thursday produced notable volatility across the market cap spectrum. Mega-cap names such as Avago Technologies (Broadcom) and Oracle gained after company updates, while several large-, mid- and small-cap stocks fell sharply amid earnings misses, downgrades and other company-specific developments. The session highlights how discrete corporate news continues to drive intraday share-price dispersion.

Broadcom, Oracle and Retail Names Drive Big Moves Across Market Caps
WMT MRK PM JNJ ORCL

Key Points

  • Company-specific news and analyst actions drove sizeable intraday moves across mega-, large-, mid- and small-cap stocks.
  • Technology and semiconductor names, including Avago Technologies (AVGO) and Oracle (ORCL), recorded gains tied to corporate updates and reported revenue growth or product launches.
  • Retail and consumer-facing names such as Grocery Outlet (GO), Victoria’s Secret (VSCO) and select mid- and small-caps showed significant declines amid earnings misses, guidance concerns and downgrades.

Equity markets on Thursday featured wide-ranging stock moves tied to firm-level announcements and analyst actions. Gains concentrated in select technology and semiconductor names at the top end of the market contrasted with pronounced declines in some retail and small-cap issues. Below is a breakdown of the most substantial movers, organized by market-cap tier.

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

  • Wal-mart Stores (WMT) -4.04% - Erste Group downgraded Walmart to hold citing valuation.
  • Merck & Co (MRK) -3.41%.
  • Philip Morris Intl (PM) -3.39% - Philip Morris declared a $1.47 quarterly dividend.
  • Johnson & Johnson (JNJ) -2.44%.
  • Oracle Corp (ORCL) +1.98% - Oracle announced an AI safety prediction tool for construction.
  • Avago Technologies (AVGO) +3.17% - Broadcom reported 29% revenue growth in the first quarter.
  • Procter & Gamble (PG) -2.61%.
  • Eli Lilly And Co (LLY) -1.84% - Lilly launched an employer platform for obesity drug access.

Large-Cap Movers ($10-$200 billion USD)

  • Ciena (CIEN) -15.48%.
  • Trade Desk Inc (TTD) +18.96%.
  • Credo Technology Holding (CRDO) +9.94%.
  • Okta Inc (OKTA) +8.95%.
  • LyondellBasell Industries NV (LYB) +8.88%.
  • Expedia (EXPE) +8.76%.
  • Priceline.com inc (BKNG) +6.9%.
  • MongoDB (MDB) +6.83% - Scotiabank upgraded MongoDB on AI traction.
  • Venture Global Inc (VG) +8.51%.
  • Bilibili Inc (BILI) -6.11% - the stock’s notice cited a swing to profit on advertising revenue surge despite the negative move.

Mid-Cap Movers ($2-$10 billion USD)

  • Victoria’s Secret Co (VSCO) -14.68%.
  • American Eagle Outfitters (AEO) -12.75% - shares moved despite an earnings and revenue beat.
  • StubHub Inc (STUB) -13.08% - Wedbush downgraded StubHub on direct issuance concerns.
  • Evolution Metals Tech (EMAT) +10.05%.
  • SailPoint Tech (SAIL) +6.86%.
  • Intapp (INTA) +7.75%.
  • WIX.COM LTD. (WIX) +7.62%.
  • BillionToOne (BLLN) -6.46%.
  • Rigetti Computing Inc (RGTI) -9.52%.
  • Stevanato Group SpA (STVN) -7.14%.

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

  • Cybin (HELP) -33.53%.
  • Ivanhoe Capital Acquisition (SES) -30.7%.
  • Rotor Acquisition Corp (PDYN) +28.42%.
  • Grocery Outlet Inc (GO) -23.32% - Grocery Outlet tumbled following a Q4 earnings miss and weak guidance amid consumer pressure.
  • Olaplex Holdings (OLPX) -21.91% - shares slipped despite a fourth quarter earnings beat.
  • Flame Acquisition (SOC) +28.39%.
  • Lawson Products (DSGR) -22.96% - Distribution Solutions Group missed on revenue and earnings.
  • Hywin Holdings ADR (BVC) +14.88%.
  • PepGen (PEPG) -20.04% - PepGen fell despite an earnings beat amid FDA hold concerns.
  • Amprius Tech (AMPX) +16.49%.

The day’s activity underscores how company announcements, analyst actions and earnings outcomes can prompt material share-price reactions across market-cap categories. Investors monitoring sector-level exposure and single-name developments saw particular movement in technology and retail-related securities during the session.

Risks

  • Analyst downgrades and valuation concerns can depress shares in large-cap consumer and retail names, as seen with Wal-mart Stores (WMT) following a downgrade.
  • Earnings misses and weak guidance create downside risk for consumer-discretionary and small-cap retailers, illustrated by Grocery Outlet’s Q4 results and outlook.
  • Regulatory or operational issues can weigh on stocks despite earnings beats, exemplified by PepGen (PEPG) declining amid FDA hold concerns and Olaplex (OLPX) slipping despite a quarterly beat.

More from Stock Markets

Colombian equities retreat as COLCAP posts nearly 1% drop to three-month low May 12, 2026 Moscow market climbs as oil, mining and power stocks lead gains May 12, 2026 Red Cat Holdings Sees After-Hours Slide Following $200 Million Equity Offering Announcement May 12, 2026 FCC Signs Off on EchoStar’s $40 Billion Spectrum Sale to SpaceX and AT&T May 12, 2026 CFPB Leadership Moving to Bring Staff Back to Office After Year-Long Closure May 12, 2026