Biggest Stock Movers Today, Dec. 8: CFLT, UL, & More
The Motley Fool·2025-12-08 21:41

Market Overview - Wall Street experienced a relatively quiet trading day with modest declines in major indices: Dow Jones down 0.45%, S&P 500 down 0.35%, and Nasdaq down 0.14% [2][3] Top Stock Gainers - Confluent (CFLT) saw a significant increase of 29.08% following IBM's announcement to acquire the company for $31 per share, valuing it at $11 billion [5][6] - Wave Life Sciences (WVE) surged by 146.13% after reporting positive trial results for its obesity treatment WVE-007, which showed improvements in body composition and a favorable safety profile [7] Top Stock Losers - Unilever (UL) shares fell by 7.11% due to the spinoff of its Magnum Ice Cream unit, which began trading independently, affecting the eligibility of new Unilever shareholders for Magnum shares [8][9] - Air Products and Chemicals (APD) dropped over 9% amid concerns regarding a potential partnership with Yara International, with investors worried about the capital requirements impacting the company's balance sheet [9]