Who Had a Week to Remember in the Stock Market and Who Didn’t?
The stock market this week had its share of gainers and losers. Direct access trading platforms have made online trading a lot easier and more efficient, by keeping the trader in touch with the market. So let’s go through this week’s gainers and losers and see where things stood in the week from the 19th to the 23rd of August.
Fuwei Films (Holdings) Co Ltd ($FFHL) really impressed and was rated a Strong Buy on TradingView.com after it rose a massive 217.77%. Credit Suisse Nassau Velocity ($TVIX) increased 23.26% to $20.40 and attained a Buy rating on Trading View. Mogu Inc ($MOGU) jumped 22.84% and also acquired a Buy rating. Essa Pharma Inc ($EPIX) had a 22.22% rise as well. Over at the S&P 500, Salesforce.com Inc ($CRM) had a 2.25% rise to $151.57, while Newmont Goldcorp Corp ($NEM) soared 2.10% to $39.30. Intuit Inc ($INTU) rose 1.10% to $278.74.
The top loser was Craft Brew Alliance Inc ($BREW) that dropped a massive 20.60% and understandably earned a Sell rating. Tuanche Limited ($TC) had a 19.94% dip and a Sell rating. Foot Locker Inc ($FL) was given a Strong Sell rating on Trading View after it dipped 18.91%. In the S&P 500, L Brands ($LB) dipped 9.31% to $17.53. Hasbro Inc ($HAS) had an 8.94% decline to $104.13. Advanced Micro Devices Inc ($AMD) declined 7.40% to $29.54 while Keysight Technologies Inc ($KEYS) dropped 7.14% to $93.18.
Those were some of the major movements in the market. With advanced stock trading software, the markets are no longer inaccessible for the common individual.
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