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Biggest stock movers Tuesday: CRNX, RIVN, and more

source: news (news:seeking-alpha)published 2026-07-07 09:01ingested 2026-07-07 09:38

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On the Move

Biggest stock movers Tuesday: CRNX, RIVN, and more

Jul 07, 2026, 5:01 AM ETCrinetics Pharmaceuticals, Inc. (CRNX) Stock, FISV Stock, RIVN Stock, MU StockVRTXBy : Niloofer Shaikh, SA News Editor

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Stock futures were mixed Tuesday morning as a steady performance in the Dow was offset by a sharp drop in Nasdaq contracts. The pullback in tech highlights a growing caution among investors who are re-evaluating high AI stock valuations ahead of

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Investors are showing caution and reassessing high AI stock valuations ahead of key economic updates, which is pulling down tech shares and affecting Nasdaq futures.

The acquisition is expected to immediately boost Vertex's revenue through Palsonify's launch and provide multi-billion-dollar opportunities from pipeline drugs, potentially generating over $5B in peak annual revenue.

Rivian's stock is down due to a large share offering despite strong revenue guidance, while Micron is falling amid concerns that rivals' heavy capital spending could create a memory chip supply glut and pressure prices.

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