During trading Monday, 140 stocks traded to a 52-week high, while 45 stocks bottomed out at new 52-week lows. The S&P 500 is up 0.05% so far today while the Dow is up 0.13%, the Nasdaq is down 0.14%, and the Russell 2000 is down 0.49%.
Stocks are mixed Monday afternoon. Rivian (RIVN) is up 12.4% today as it continues to surge following its IPO. Casper Sleep (CSPR) is up a massive 86.86% after announcing that it would be acquired by Durational Capital Management for $6.90 per share. Meanwhile, HeadHunter Group (HHR) is up 9.16% after the company comfortably beat earnings and revenue estimates. HHR revenues grew 103.2% year over year, with the company citing high demand for candidates which increased the number of paying customers and average consumption, as well as “monetization improvements, and consolidation of acquired subsidiaries.”
Sector Highlights
Technology stocks dominated our list of highs today with 34 out of the 140 total stocks that reached their high coming from the Technology sector. The Technology sector is underperforming the market, decreasing 0.26% so far on the day. Over the last month, the Technology sector has outperformed the market, increasing 10.62% while the S&P increased 7.38%.
Navitas Semiconductor (NVTS) is up 7.11% after the company was initiated as a Buy this morning at Jefferies with a price target of $24.
Technology: ACN, AMAT, APH, ASAN, AVGO, CAMT, CDNS, CIEN, CLFD, ENTG, ESTC, FFIV, INDI, INTU, KEYS, KULR, MIME, MPWR, NVTS, QCOM, SATS, SHOP, SLAB, SNPS, SPNS, TEL, TER, TTD, TYL, U, VRSN, WOLF, XLNX, ZI
Industrials had the second-largest presence on our 52-week highs, with 22 out of 140 highs coming from the Industrials sector. The Industrials sector is outperforming the market today, increasing 0.1% so far on the day. Over the last month, the Industrials sector has underperformed the market, increasing 6.65% while the S&P increased 7.38%.
Aecom Tech (ACM) is up 3.55% after the company reported better than expected earnings and offered in-line full-year 2022 earnings guidance.
Industrials: ACM, ADP, AQUA, ASPN, BLD, CPRT, CSL, FAST, FSS, GWW, J, JCI, KBR, KNX, PH, RRX, SHYF, TGLS, TNET, VRSK, WSC, YELL
The Lists
The following stocks traded to 52-week highs:
AAP, ABT, ACI, ACM, ACN, ADP, AEL, AFCG, AIRC, AMAT, AMEH, APH, AQUA, ASAN, ASH, ASO, ASPN, AVB, AVGO, AZO, BBY, BG, BLD, CAMT, CDNS, CG, CIEN, CLFD, CONE, COR, COST, COTY, CPRT, CROX, CSL, CUE, DASH, DLTR, DMYQ, DXCM, ECL, EGP, ENTG, ESS, ESTC, EXP, EYPT, FAF, FAST
The following stocks traded to 52-week lows:
AFIB, AFYA, AUS, AVPT, AXGN, BFLY, BHG, BODY, CDZI, CGEN, CHGG, CLVS, CRSP, CSII, CTXS, DCT, DRQ, EMBK, FREQ, GRPH, HOOK, KLTR, KVSA, LFMD, LVOX, MDVL, NISN, NLS, NVRO, NXTC, OHI, ONCR, ONTF, OSCR, PGEN, PRLB, QTNT, SFT, TALK, TAST, TLS, TPIC, TRVN, TSHA, TXMD
The following ETFs traded to a 52-week high:
DBA, EIS, EWC, EWT, IYK, JO, PHO, RTH, UUP, XHB, XLB, XLP, XRT
The following ETFs traded to a 52-week low:
