Wednesday Stock Market Winners and Losers

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Wednesday Stock Market Winners and Losers
Credit: © Reuters.

By Sam Boughedda — U.S. stock indices closed mostly higher Wednesday after a rally in tech stocks. Here are some of the most significant winners today:

  • Jasper Therapeutics (NASDAQ: JSPR ) was by far the biggest gainer on the day, closing the session over 109% higher after it was labeled as an 'emerging leader' in its field.
  • Plug Power (NASDAQ: PLUG ) also made a strong move higher following an upgrade by Morgan Stanley (NYSE: MS ) and green hydrogen deals with Airbus and Phillips 66 (NYSE: PSX ). Plug shares closed up 12.8%.
  • SAP (NYSE: SAP ) shares rallied 5.2% on news the company raised its annual outlook for the third time after sustained growth in its subscription business.

The significant losers on the day included: 

  • CRISPR Therapeutics (NASDAQ: CRSP ) updated results from its Phase 1 trial of CTX110 in B-cell malignancies, which is still ongoing, but closed the day down over 5%.
  • Delta Airlines (NYSE: DAL ) delivered a profit in its earnings report but warned of fuel cost pressures and ended the day with its shares falling 5%.
  • JPMorgan (NYSE: JPM )) also reported positive earnings, exceeding expectations for both profit and revenue, but found its shares down 2.64% at the close. 

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