Morning Movers: Humana plummets following reductions in Star ratings

Check out this morning’s top movers from around Wall Street, compiled by The Fly.

HIGHER –

• Alibaba (BABA) up 4% after announcing that during the quarter ended September 30, the company repurchased a total of 414M ordinary shares, equivalent to 52M ADSs, for a total of $4.1B
• Diamondback Energy (FANG) up 2% after Barclays upgraded the stock to Overweight from Equal Weight with a price target of $210, down from $216
• Crescent Energy (CRGY) up 7% after being selected for entrance into the S&P 600 index

UP AFTER EARNINGS –

• RPM (RPM) up 2%

DOWN AFTER EARNINGS –

• Nike (NKE) down 7%
  
• Conagra Brands (CAG) down 3%
• Lamb Weston (LW) down 5%

LOWER –

• Humana (HUM) down 17% after disclosing that based on preliminary 2025 Medicare Advantage – MA – Star Ratings data provided by the Centers for Medicare and Medicaid Services, or CMS, the company has approximately 1.6M, or 25%, of its members currently enrolled in plans rated 4 stars and above for 2025, a reduction from 94% in 2024