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Magnitude shares surge 10.56% intraday after winning Clark Stakes at Churchill Downs.
ByAinvest
Tuesday, Dec 2, 2025 10:51 am ET1min read
Magnitude surged 10.56% intraday following news that the horse "Magnitude" won the Grade 2 Clark Stakes at Churchill Downs, securing its place in the upcoming Fair Grounds race. The victory, which marked a strong performance against competitors like Dubai World Cup winner Hit Show, boosted investor sentiment tied to the equine racing sector. Other seismic-related news events were deemed unrelated to the stock’s movement.
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