Top Gap Ups and Downs on Thursday: NTNX, SNOW, EBAY and More

The stock market experienced a mix of gains and losses on Thursday, with several notable companies seeing significant price movements. Here's a look at some of the top gap ups and downs:

1. Tesla (TSLA) - Gap Down: -13.78%
* Tesla shares tumbled on Thursday, following the company's fourth quarter delivery numbers that fell short of estimates. The stock price fell from a high of $488.54 in the 52-week range to a low of $138.8, indicating a significant drop in value.
* Analysts have a neutral stance on Tesla, with 42 opinions, but the market sentiment is bearish due to the recent news and the surge of the US dollar, which could be bad news for multinational companies like Tesla.
2. Novo Nordisk (NVO) - Gap Up: 20.03%
* Novo Nordisk shares surged on Thursday, driven by bullish sentiment from analysts and strong demand for the company's weight-loss drugs. The stock price remained relatively stable around its 52-week low, with a high of $148.15 and a low of $81.5.
* The company's products, including semaglutide (Wegovy), are only dispensed by licensed healthcare professionals, mitigating the impact of the U.K.'s Medicines and Healthcare Products Regulatory Agency's warning about the risks of buying weight-loss medications without a prescription from unauthorized sources.
3. HSBC (HSBC) - Gap Up: 1.54%
* HSBC shares rose on Thursday, following the company's announcement of a strategic review of its global banking and markets business. The review is expected to result in significant job cuts and a refocusing of the bank's operations.
* The stock price has been volatile in recent months, with a 52-week range of $31.28 to $57.78. The 50-day average is $43.47, and the 200-day average is $41.74.
4. Other notable movers - Gap Ups and Downs
* BBLG (Bone Biologics Corp): Gap Up: 53.94%
* RDHL (Redhill Biopharma Ltd-SP ADR): Gap Up: 48.92%
* IMRX (Immuneering Corp - Class A): Gap Up: 37.17%
* BMEA (Biomea Fusion Inc): Gap Up: 32.5%
* LUMN (Lumen Technologies Inc): Gap Down: 28.89%
* BABA (Alibaba Group Holding Ltd): Gap Down: 11.47%

In conclusion, Thursday's trading session saw a mix of gains and losses, with Tesla and Novo Nordisk being the most notable movers. Tesla's stock price decline was driven by bearish sentiment due to delivery shortfalls and a strong US dollar, while Novo Nordisk's stock price surge was driven by bullish sentiment from analysts and strong demand for the company's weight-loss drugs. HSBC's stock price rose following the announcement of a strategic review, and other companies also experienced significant price movements.

Let's have a look at the gap up and gap down stocks in today's session.