How Stocks Are Reacting To January Inflation Data - Albany International (NYSE:AIN), Amylyx Pharmaceuticals (NASDAQ:AMLX)

Inflation cooled slightly in January, but saw increases in some areas due to the impact of surging food, energy and shelter prices on consumers, the U.S Labor Department said Tuesday.

What Happened: The consumer price index increased 0.5% in January, with an annual gain of 6.4%.

Economists predicted respective increases of 0.5% and 6.2%.

The core CPI, which excludes volatile food and energy, rose 0.4% monthly and 5.6% from a year ago.

Following the report, markets were unsettled, with the broad market, as tracked by the S&P 500 ETF Trust SPY down 0.55% midday Tuesday.

Stocks React: These are the biggest mid and large cap movers, both gainers and losers, according to data from Benzinga Pro.

Company	Ticker	Exchange	% +/-
Endava PLC - ADR	DAVA	NYSE	-16.27%
Palantir Technologies Inc	PLTR	NYSE	+13.27%
Albany International Corp.	AIN	NYSE	-9.73%
Patria Investments Ltd	PAX	NASDAQ	+9.97%
Triton International Ltd	TRTN	NYSE	-8.9%
Monday.Com Ltd	MNDY	NASDAQ	+8.32%
WESCO International, Inc.	WCC	NYSE	+8.08%
IPG Photonics Corporation	IPGP	NASDAQ	+7.49%
Globalfoundries Inc	GFC	NASDAQ	+7.27%
Amylyx Pharmaceuticals Inc	AMLX	NASDAQ	-6.61%
Wayfair Inc	W	NYSE	-6.59%
Blackbaud Inc	BKLB	NASDAQ	-6.28%
Zai Lab Ltd - ADR	ZLAB	NASDAQ	-6.24%
Lattice Semiconductor Corp	LSCC	NASDAQ	+6.05%
Fluence Energy Inc	FLNC	NASDAQ	-5.59%
Roivant Sciences Ltd	ROIV	NASDAQ	+5.42%
Array Technologies Inc	ARRY	NASDAQ	-5.33%
TAL Education Group	TAL	NYSE	+5.19%
Lumen Technologies Inc	LUMN	NYSE	-5.18%