Biggest stock movers Monday: PHG and DJT

Stock futures edged higher on Monday morning, setting the stage for a pivotal week with megacap tech earnings on deck.

Here are some of Monday’s biggest stock movers:

Biggest stock gainers

• Shares of Trump Media & Technology Group (NASDAQ:DJT) rose 8% after a weeklong rally of nearly 32%, as Donald Trump’s increasing odds in the 2024 presidential race drove momentum.

Biggest stock losers

• Koninklijke Philips (NYSE:PHG) shares plummeted 16% after the Dutch health-technology company lowered its full-year 2024 sales outlook due to weaker-than-expected demand in China. The company now expects comparable sales growth of 0.5% to 1.5% and free cash flow of around €900 million. While the company maintained its adjusted EBITA margin guidance at around 11.5%, the revised sales outlook has raised concerns among investors.