Stocks making the biggest moves midday: Broadcom, Arm, Strategy, Chipotle, Quantinuum & more Quantinuum experienced a significant drop in its stock price after its Nasdaq debut, falling below its IPO price. Meanwhile, consumer staples and healthcare sectors showed resilience, with companies like Colgate-Palmolive and Eli Lilly seeing gains as investors moved away from tech. Several chip stocks, including Broadcom, Arm, and AMD, continued their decline following Broadcom’s earnings report.

• Quantinuum shares dropped over 8% after its Nasdaq debut, closing below its IPO price.
• Consumer staples and healthcare sectors were bright spots, with Colgate-Palmolive, Coca-Cola, Procter & Gamble, Insulet, and Eli Lilly advancing.
• FedEx Freight Holdings saw shares pop over 8% on its first week of trading.
• Lululemon Athletica shares sank 9% after lowering its full-year earnings and revenue guidance.
• Docusign shares slipped 6% as its outlook failed to impress analysts.
• Chip stocks, including Broadcom, Arm, Advanced Micro Devices, Intel, and Qualcomm, continued to decline.
• Memory stocks like Micron Technology and Lam Research also slid.
• Cooper Companies added around 8% after posting better-than-expected second-quarter earnings and revenue.
• Guidewire Software tumbled around 10% despite beating expectations on top and bottom lines.
• Chipotle Mexican Grill shares were up close to 5% following an upgrade from JPMorgan.
• Argan’s stock gained 6% after its first-quarter results surpassed expectations.
• ServiceTitan shares popped about 5% after raising its full-year guidance.
• Crypto stocks dropped as Bitcoin prices fell below $60,000, impacting Strategy, Coinbase, and Robinhood.