Market Movers: Coinbase & Discover Lead with Impressive Growth Amid Key Financial Updates

1. Coinbase Global (Nasdaq: COIN)
Coinbase Global surged by 31.11%. Coinbase Global disclosed 10 insider transactions on November 4, 2024, with high-ranking executive Emilie Choi selling 1,942 shares. The company released its Q3 2024 financial results, reporting $42.92 billion in revenue and $12.88 billion in net profit for the first three quarters.

2. Discover Financial Services (NYSE: DFS)
Discover Financial Services surged by 20.25%. Evercore ISI Group and RBC Capital maintain their ratings on Discover Financial, with target prices of $163 and $161, respectively. Discover Financial's earnings report showed a 14.8% year-over-year increase in revenue, reaching $87.48 billion by June 30, 2024.

3. First Citizens Bancshares (Nasdaq: FCNCA)
First Citizens Bancshares surged by 18.27%. JP Morgan maintains overweight on First Citizens Bancshares, lowering the price target to $2300. The company declared a cash dividend of $1.9500 per share. Wedbush downgraded the bank from outperform to neutral, reducing the target price to $2150.00.

4. Nucor (NYSE: NUE)
Nucor surged by 15.97%. Nucor Corporation reported third-quarter 2024 results with net sales of $7.44 billion, surpassing expectations of $7.23 billion. Analysts maintain an overweight rating, with JP Morgan setting a target price of $168.00 and Morgan Stanley at $166.00.

5. Capital One Financial (NYSE: COF)
Capital One Financial surged by 14.96%. Capital One declared a dividend of $0.6000 per share, payable on November 14. Evercore ISI Group maintained an in-line rating with a price target of $184.00, while RBC Capital set a target of $160.00. Capital One reported a Q3 net income decrease of 12.60% year-over-year.