SpaceX, Micron, Super Micro, Netflix, Palantir Move
SpaceX's stock plummets 16.43%, while Micron Technology and Super Micro Computer rise ahead of earnings and new product unveilings, respectively
S. 71. 60. These are the top stocks that gained the attention of retail traders and investors through the day.
Space Exploration Technologies Corp. 60. 64. 80.
-listed company. 04 trillion and ranked among the world’s most valuable companies. The decline left IPO investors who purchased shares at $135 still in profit, while many investors who bought after the stock’s first trading day were sitting on losses. The pullback highlighted the volatility surrounding the newly public company as investors reassessed its valuation ahead of future catalysts such as earnings reports and the expiration of share lockup periods.
Read Also: Asia Is Going All-In On AI Stocks — And Leveraged Demand Is Breaking Records: Here's What You Should Know Micron Technology Inc. 38. 56. 50 in extended trading.
Micron shares climbed about 6% ahead of the company’s Wednesday earnings report after Needham reiterated its Buy rating and raised its price target to $1,550 from $500. The firm cited strengthening memory market conditions, firm pricing, solid demand and long-term supply agreements that improve visibility for future growth, particularly as AI drives higher demand for memory products. 30 billion in revenue a year earlier. The stock reached a new 52-week high as investors positioned for results, with bullish sentiment also supported by growing expectations that AI-related demand will continue to benefit the memory sector.
Super Micro Computer Inc. 46. 36. 32 in the after-hours session.
Super Micro Computer shares surged after the company unveiled a new high-performance computing infrastructure blueprint built around Nvidia’s Vera Rubin platform at ISC 2026. 2 megawatts to 1 gigawatt and can scale to 1,152 Rubin GPUs and 576 Vera CPUs, targeting scientific computing and AI workloads. The rally was also supported by a GF Securities upgrade to Buy with a $48 price target. 6%, indicating some easing of bearish sentiment toward the stock.
Netflix Inc. 88. 81. Netflix shares fell to a new 52-week low as investors weighed the company’s unsuccessful pursuit of several media acquisition targets, including Roku, which reportedly agreed to a $22 billion deal with Fox.
The failed bids fueled concerns about Netflix’s acquisition strategy, integration risks and future growth direction. Palantir Technologies Inc. 50. 20.
Palantir shares fell to a new 52-week low as investors continued to rotate out of high-valuation AI and software stocks, with the decline driven largely by market sentiment and valuation concerns rather than company-specific developments. The stock was down about 12% over the past month and roughly 34% year-to-date. S. Army’s Next Generation Command and Control (NGC2) program, with its Foundry platform selected as the common data layer supporting battlefield operations.
The contract strengthened the company’s long-term government business outlook, although the announcement had little immediate impact on the stock price. Benzinga Edge Stock Rankings indicate Micron stock has a Momentum score in the 99th percentile and a Value score in the 8th percentile. Read Also: Shayne Coplan May Be in the Betting Business, But He Doesn't Like Hedging His Bets: 'Go All In,' Says Polymarket CEO Who Built a $15 Billion Startup Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors.