Tech and growth names lead a broad pullback on Oct. 16
AMD led a wide decline across the watchlist on Thursday, falling 6%, while Meta, Alphabet, and Tesla also dropped; JPMorgan, Visa, and Apple posted modest gains.
| Company | Close | Prev Close | Change | % Change |
|---|---|---|---|---|
| AMD · Advanced Micro Devices, Inc. | $528.75 | $562.23 | -33.48 | -5.95% |
| META · Meta Platforms, Inc. | $709.33 | $736.72 | -27.40 | -3.72% |
| GOOGL · Alphabet Inc. | $340.59 | $349.22 | -8.63 | -2.47% |
| TSLA · Tesla, Inc. | $354.72 | $362.44 | -7.72 | -2.13% |
| MSFT · Microsoft Corporation | $529.05 | $539.44 | -10.39 | -1.93% |
| AMZN · Amazon.com, Inc. | $250.00 | $254.76 | -4.76 | -1.87% |
| SPCX · SpaceX | $146.03 | $148.62 | -2.59 | -1.74% |
| NVDA · NVIDIA Corporation | $214.13 | $217.23 | -3.10 | -1.43% |
| UNH · UnitedHealth Group Incorporated | $401.43 | $406.67 | -5.24 | -1.29% |
| JPM · JPMorgan Chase & Co. | $339.72 | $335.53 | +4.19 | +1.25% |
| V · Visa Inc. | $402.61 | $399.75 | +2.86 | +0.72% |
| AAPL · Apple Inc. | $343.46 | $342.00 | +1.46 | +0.43% |
Thursday’s session was broadly negative across the watchlist, with ten of twelve tracked stocks closing lower. Advanced Micro Devices (AMD) was the session’s standout decliner, down 6% to $528.75, well ahead of the next-largest move. Meta Platforms (META) and Alphabet (GOOGL) followed with losses of 3.7% and 2.5%, respectively, and Tesla (TSLA) slipped 2.1%. Declines moderated from there, with Microsoft (MSFT), Amazon.com (AMZN), SpaceX (SPCX), NVIDIA (NVDA), and UnitedHealth Group (UNH) all down between 1.3% and 1.9%.
Only three names closed higher. JPMorgan Chase (JPM) led the gainers, up 1.2% to $339.72, followed by Visa (V), up 0.7%, and Apple (AAPL), up 0.4% to $343.46. The split left financials and Apple as the session’s relative bright spots against a backdrop of weakness concentrated in semiconductor and large-cap technology and growth names.
Notable movers
Advanced Micro Devices (AMD) fell 6% to $528.75, the largest move on the watchlist by a wide margin, after closing the prior session at $562.23.
Meta Platforms (META) dropped 3.7% to $709.33, the second-largest decline among tracked stocks.
Alphabet (GOOGL) slipped 2.5% to $340.59, extending the day’s losses among large-cap tech names.
Tesla (TSLA) declined 2.1% to $354.72, down from a prior close of $362.44.