During trading Thursday, 39 stocks traded to a 52-week high, while 56 stocks bottomed out at new 52-week lows. The S&P 500 is up 0.64% so far today while the Dow is up 0.37%, the Nasdaq is up 0.84%, and the Russell 2000 is up 0.66%.
Stocks are higher Thursday afternoon after fluctuating lower. Weekly jobless unexpectedly fell last week as the labor market continues to run hot despite restrictive policy. The fall to 192,000 claims from an upwardly revised 195,000 came against estimates for a slight tick higher to 200,000 claims.
NVIDIA Corporation (NVDA) is advancing 13.93% after the chipmaker topped estimates and issued upside revenue guidance. AI outlook was a strong point in the report, with the company saying the space is in an "inflection point".
eBay Inc (EBAY) is down 4.41% despite topping estimates and offering in-line earnings guidance. Despite the upside to reported figures, investors were spooked by a 9% decline in active buyers - the seventh straight quarter of a declining users base.
Sector Highlights
Financial Services stocks dominated our list of highs today with 9 out of the 39 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is underperforming the market, increasing 0.25% so far on the day. Over the last month, the Financial Services sector has outperformed the market, increasing 0.47% while the S&P increased 0.46%.
Financial Services: AAC, ACGL, CNO, FSNB, GXII, KCGI, OFG, PGR, SCM
The Healthcare sector makes up the majority of our 52-week lows, as 17 out of our 56 lows comes from the Healthcare sector. The Healthcare sector is underperforming the market today, increasing 0.28% so far on the day. Over the last month, the Healthcare sector has underperformed the market, decreasing 3.26% while the S&P increased 0.46%.
Healthcare: AVIR, GRNA, ERAS, EVLO, INFI, INO, LYEL, MIST, MPLN, NKTX, NVAX, NVRO, OCGN, RUBY, TCDAQ, TWST, VNDA
The Lists
The following stocks traded to 52-week highs:
AAC, ACGL, AIR, APG, APLS, AROC, BJRI, CNO, CW, FDP, FIX, FSNB, GXII, INDI, ITI, KCGI, LW, LZB, MGRC, MOG.A, OEC, OFG, PAA, PGR, RELY, SPRY, SCM, TEX, TMDX, ULTA
The following stocks recently reported earnings and are at a 52-week high:
BLMN, CARS, EME, FTI, PWR, TK, TNK
The following stocks are trading at a 52-week high ahead of an upcoming earnings report:
The following stocks traded to 52-week lows:
AKAM, AOSL, AUDC, AVIR, BILL, BLNK, QNGYQ, CZOO, DEI, FSRDQ, GRNA, ERAS, EVLO, FPI, FSR, SWVL, GNUS, GOEV, GWH, HBI, IDEX, INFI, KRC, LAND, LOCL, LILM, LKCO, LUMN, LYEL, MIST, MVST, VORB, NKTX, NVAX, NVRO, PGRE, PLBY, RKLYQ, RNW, RUBY, SIRI, TCDAQ, TTGT, TWST, UDMY, USX, VFC, VNDA, XELA, QBTS
The following stocks recently reported earnings and are at a 52-week low:
The following stocks are trading at a 52-week low ahead of an upcoming earnings report:
