08/31/2026 | Press release | Distributed by Public on 08/31/2026 00:23
A day of sharp divergence raises the question of which moves have staying power and which are just noise.
The S&P 500 edged down 0.2% on a day that saw the Nasdaq-100 fall 0.7%. The day's extremes were wide, led by a -12.7% decline in PayPal (PYPL).
But the most interesting action may be on the upside, where Workday (WDAY) gained +5.8%. This raises a critical question for any investor looking at today's tape: is this a one-day reaction or part of a longer trend?
Photo by ArtsyBee on PixabayFriday's S&P 500 Winners
The 10 stocks with the highest returns on the last trading day:
| # | Ticker | Company Name |
1-D Returns |
YTD Returns |
| 1 | WDAY | Workday | 5.8% | -4.7% |
| 2 | DPZ | Domino's Pizza | 5.4% | -15.1% |
| 3 | LULU | Lululemon Athletica | 5.1% | -41.9% |
| 4 | SLB | Slb NV | 4.2% | 51.0% |
| 5 | AMZN | Amazon.com | 4.0% | 15.4% |
| 6 | EBAY | eBay Inc. | 3.6% | 22.4% |
| 7 | CHTR | Charter Communications | 3.6% | -26.4% |
| 8 | BG | Bunge Global | 3.5% | 32.0% |
| 9 | EXPE | Expedia | 3.3% | 17.0% |
| 10 | ZTS | Zoetis | 3.1% | -37.6% |
Friday's S&P 500 Losers
And the 10 stocks with the lowest returns:
| # | Ticker | Company Name |
1-D Returns |
YTD Returns |
| 1 | PYPL | PayPal | -12.7% | -7.5% |
| 2 | MRVL | Marvell Technology | -10.3% | 155.3% |
| 3 | PCG | PG&E | -7.5% | 3.9% |
| 4 | GNRC | Generac | -6.8% | 34.8% |
| 5 | LITE | Lumentum | -6.4% | 142.8% |
| 6 | COIN | Coinbase Global | -6.3% | -21.0% |
| 7 | FIX | Comfort Systems USA | -6.0% | 63.0% |
| 8 | COHR | Coherent | -5.5% | 51.3% |
| 9 | CIEN | Ciena | -5.4% | 61.8% |
| 10 | LRCX | Lam Research | -5.2% | 76.7% |
Workday's strength is not a one-day event.
Workday (WDAY) appears on both the one-day and one-month winners lists. Its one-month return is a powerful +29.5%. Even excluding today's session, the stock still gained +22.4% over the other sessions this month, confirming the move has duration.
The company trades at 40.1 times trailing earnings on revenue growth of 13.3% over the last twelve months.
Movers Over The Last Week
Widening the window to five trading days, these are the strongest and weakest S&P 500 names:
| # | Ticker | Company Name |
1-W Returns |
YTD Returns |
| 1 | CRM | Salesforce | 22.4% | -2.9% |
| 2 | CRWD | CrowdStrike | 13.8% | 86.4% |
| 3 | VEEV | Veeva Systems | 11.6% | 23.9% |
| 4 | SNPS | Synopsys | 11.2% | -5.8% |
| 5 | FTNT | Fortinet | 8.1% | 109.0% |
| 6 | CDW | CDW common stock | 8.1% | 10.2% |
| 7 | TYL | Tyler Technologies | 7.8% | -16.7% |
| 8 | GEN | Gen Digital | 7.2% | 15.8% |
| 9 | CDNS | Cadence Design Systems | 6.7% | 8.9% |
| 10 | SJM | JM Smucker | 6.5% | 39.5% |
| # | Ticker | Company Name |
1-W Returns |
YTD Returns |
| 1 | PYPL | PayPal | -12.8% | -7.5% |
| 2 | GNRC | Generac | -10.8% | 34.8% |
| 3 | HRL | Hormel Foods | -9.7% | -5.4% |
| 4 | CASY | Casey's General Stores | -9.6% | 37.0% |
| 5 | MRVL | Marvell Technology | -8.6% | 155.3% |
| 6 | FIX | Comfort Systems USA | -8.3% | 63.0% |
| 7 | BSX | Boston Scientific | -7.0% | -50.9% |
| 8 | SNDK | SanDisk | -7.0% | 525.6% |
| 9 | Q | Qnity Electronics | -6.7% | 47.5% |
| 10 | COO | Cooper Companies | -6.6% | -13.2% |
Movers Over The Last Month
And over the last 21 trading days:
| # | Ticker | Company Name |
1-M Returns |
YTD Returns |
| 1 | MRNA | Moderna | 138.2% | 367.9% |
| 2 | PLTR | Palantir Technologies | 52.4% | 4.8% |
| 3 | CRM | Salesforce | 41.7% | -2.9% |
| 4 | PSKY | Paramount Skydance | 39.3% | -18.0% |
| 5 | VEEV | Veeva Systems | 37.3% | 23.9% |
| 6 | SMCI | Super Micro Computer | 33.7% | 26.7% |
| 7 | NEM | Newmont | 33.6% | 28.7% |
| 8 | IT | Gartner | 29.7% | -21.4% |
| 9 | WDAY | Workday | 29.5% | -4.7% |
| 10 | LITE | Lumentum | 29.1% | 142.8% |
| # | Ticker | Company Name |
1-M Returns |
YTD Returns |
| 1 | TTD | Trade Desk | -25.8% | -64.3% |
| 2 | DVA | DaVita | -24.4% | 59.0% |
| 3 | APP | AppLovin | -21.3% | -52.8% |
| 4 | APTV | Aptiv | -21.2% | -39.9% |
| 5 | HONA | Honeywell Aerospace | -20.5% | n/a |
| 6 | TPR | Tapestry | -17.8% | -1.2% |
| 7 | NRG | NRG Energy | -16.8% | -29.5% |
| 8 | HRL | Hormel Foods | -15.0% | -5.4% |
| 9 | TJX | TJX Companies | -14.9% | -11.2% |
| 10 | RDDT | -14.1% | -33.4% |
So what is a big move telling you?
The lists of winners and losers earlier in this report are a map of market attention, not a set of instructions. A large daily move, positive or negative, is simply new information. It signals that something has changed the market's immediate view of a company's risk or reward.
The disciplined next step is not to chase the move, but to check the business behind it. The numbers that matter most are rarely the ones on a one-day leaderboard.
Either side of these lists can be a lead worth following, with the same follow-up question: does the business back the move? For the winners, our Guidance Momentum screen tracks which companies raised their own forward numbers. For the losers, our Buy the Dip screen flags which marked-down names still have the fundamentals to recover.
The Tape Rewards Attention. It Punishes Reaction
Big daily moves pull hard at both greed and fear, and acting on either, day after day, is how most portfolios end up trailing the index they were trying to beat.
The Trefis High Quality (HQ) Portfolio is built for the opposite reflex: about 30 quality businesses screened for the fundamentals that survive volatile stretches, held with rules instead of reactions. It has a track record of outpacing a benchmark that combines the three major indices - the S&P 500, S&P Mid-cap, and Russell 2000. Read the movers daily; trade them rarely.