What the Stock Market Had in Store as Summer Kicked In
As spring makes way to the summer of online stock trading, let’s see what the first full week of June had in store for stocks.
The Gainers and Headline Grabbers
Stewardship Financial Corp ($SSFN) gained a massive 72.58% en route to a price of $15.36 and a Strong Buy rating on TradingView.com. Beyond Meat ($BYND) has been in the headlines lately owing to its spectacular rise after announcing its first earnings since its IPO. That can be explained in terms of its strong performance in the stock market. It gained 39.35% to hit $138.65 and a Buy rating!
Electrocore Inc ($ECOR) soared 35.35% to $2.24, but was given a Sell rating on TradingView. Rewalk Robotics Ltd ($RWLK) rose 30.10% and earned a Buy rating. In the S&P 500, biotech company Illumina Inc ($ILMN) made the headlines with a 5.31% jump to $335.49. Despite the gain, the stock was lagging behind the S&P 500 that had a 0.61% daily gain. Twitter Inc ($TWTR) had a 3.66% rise to $37.93.
Those That Didn’t Have It as Good
Parateum Corporation ($TEUM) dropped 24.34% to $2.58 and got a Sell rating. Jaguar Health Inc ($JAGX) dropped 22.95% to $6.99. It was given a Strong Sell rating. Axovant Gene Therapies Ltd ($AXGT) sank 21.27% to $4.48 and a Sell rating. In the S&P 500, Arista Networks Inc ($ANET) dropped 4.18% to $246.44 after the company’s 2019 first-quarter results turned out to be strong, but the forward guidance that followed was unimpressive. CF Industries Holdings Inc ($CF) sank 3.09% to $42.03.
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