On this episode of Stock Movers:
- Concentrix (CNXC) shares fall as the software company’s second-quarter forecast was weaker than expected. Vital Knowledge also notes “a modest shortfall on FQ1 EPS,” given margin compression.
- Jefferies (JEF) shares are mixed. Hedge fund founder George Weiss has lost his defamation suit accusing Jefferies Financial Group of running a “smear campaign” to pressure him to pay a $100 million debt owed by his firm, Weiss Multi-Strategy Advisers.
- ImmunityBio (IBRX) shares fell as much as 25%, the most intraday since 2024, after the FDA warned Anktiva ads are false and misleading, citing unapproved claims and regulatory violations.

Dell Surged, Palo Alto Networks Gains, Credo Technology Declines
05:07

Closing Bell: GoPro Rallies, Apple Gains, CrowdStrike Drops
05:11

Apple Rises, Transportation Stocks Take Hit From Oil Spike, ExxonMobil Gains
04:30