Friday's biggest movers: Moderna sinks 17.6% and Spotify Technology jumps 11.1%

Among US-listed companies worth at least $20 billion, the biggest moves in Friday's session (23 October) came from Moderna, which fell 17.6%, and Spotify Technology, which rose 11.1%.

The decliners

Moderna (MRNA) fell 17.6% to $202.63. It was its biggest one-day drop since 22 October, based on the past year of closes. The shares are up 579% this year and 18.6% below their 52-week closing high. Coverage since the move includes Investor's Business Daily's headline “Merck And Moderna Diverge On Cancer Vaccine Results. Do They Still Have A Viable Drug?”.

Nokia Corporation Sponsored (NOK) fell 14.8% to $7.88. It was its biggest one-day drop in the past year, based on the past year of closes. The shares are up 25.7% this year and 51.8% below their 52-week closing high. It reported quarterly results on 22 October: EPS of $0.10 against a $0. Coverage since the move includes Simply Wall St.'s headline “Nokia (HLSE:NOKIA) Stock Price Questions Q3 Earnings Margin Gains”.

nVent Electric (NVT) fell 12.6% to $127.67. It was its biggest one-day drop in the past year, based on the past year of closes. The shares are up 23.0% this year and 31.9% below their 52-week closing high.

Coherent (COHR) fell 12.5% to $207.82. It was its biggest one-day drop since 14 September, based on the past year of closes. The shares are up 13.4% this year and 51.0% below their 52-week closing high.

The gainers

Spotify Technology (SPOT) rose 11.1% to $583.66. It was its biggest one-day gain since 22 October, based on the past year of closes. The shares are up 0.5% this year and 12.3% below their 52-week closing high. It reported quarterly results on 22 October: EPS of $2.85 against a $3. Coverage since the move includes Zacks's headline “Spotify Q3 Earnings Call Highlights Ad Recovery and Cost Control”.

Waste Connections (WCN) rose 9.9% to $184.88. It was its biggest one-day gain in the past year, based on the past year of closes. The shares are up 6.4% this year and at their 52-week closing high. It reported quarterly results on 21 October: EPS of $1.58 against a $1. On 21 October the company filed an 8-K in which it reported results of operations and published a Regulation FD disclosure.

Roper Technologies (ROP) rose 9.7% to $436.23. It was its biggest one-day gain in the past year, based on the past year of closes. The shares are down 1.6% this year and 8.5% below their 52-week closing high. It reported quarterly results on 22 October: EPS of $5.89 against a $5. On 22 October the company filed an 8-K in which it reported results of operations.

Lennar (LEN) rose 8.7% to $84.45. It was its biggest one-day gain since 22 October, based on the past year of closes. The shares are down 17.4% this year and 36.2% below their 52-week closing high.

The megacaps

Of the 12 most-watched names we track, 4 closed higher. Micron (MU) did best at +2.46%, and Supermicro (SMCI) worst at -2.31%.