BUZZ-U.S. Stocks on the Move-Vicor, Thor Industries, Lennar
SPY•Market backdrop
The benchmark S&P 500 and the blue-chip Dow were set for a modestly higher open on Tuesday as investors awaited potential talks between the United States and Iran that could end their six-month-old conflict.
Stocks on the move
- On Holding AG (ONON): Rises after announcing a $1 billion share buyback plan.
- Vicor Corp. (VICR): Jumps as royalty income drives a forecast upgrade.
- Valero Energy Corp. (VLO): Jefferies downgrades Valero Energy to 'hold'; shares slip.
- Coinbase Global Inc. (COIN), Riot Platforms Inc. (RIOT), MARA Holdings Inc. (MARA), Hut 8 Corp. (HUT): Crypto-linked stocks slide as bitcoin retreats from an eight-month high.
- Crane NXT Co. (CXT): Jefferies initiates Crane NXT at 'buy' on margin expansion potential.
- Viking Therapeutics Inc. (VKTX): Jumps after experimental drug shows durable weight-loss benefit.
- : Rises after Stifel initiates with .
