During trading Monday, 73 stocks traded to a 52-week high, while 146 stocks bottomed out at new 52-week lows. The S&P 500 is up 1.08% so far today while the Dow is up 1.36%, the Nasdaq is up 0.95%, and the Russell 2000 is up 0.73%.
Stocks are higher Monday afternoon ahead of midterm elections and the CPI report later this week.
Meta Platforms Inc (META) is up 6.18% after it was reported that the company will lay off thousands of employees as soon as Wednesday. This has been seen as bullish as the company aims to restructure to better focus its investments on higher priority areas.
Meanwhile, Palantir Technologies Inc (PLTR) is losing 11.03% after missing third-quarter earnings estimates and issuing downbeat fourth-quarter revenue guidance. The company missed its 30% sales growth mark and forecast another quarter of slowing sales.
Sector Highlights
Financial Services stocks dominated our list of highs today with 22 out of the 73 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is underperforming the market, increasing 0.94% so far on the day. Over the last month, the Financial Services sector has outperformed the market, increasing 8.6% while the S&P increased 2.5%.
Financial Services: AAQC, ACII, ASZ, CRU, EPHY, FCAX, HFWA, IBOC, JWSM, KNSL, LGAC, LGV, LPLA, NBTB, OSBC, PFG, PV, RJF, RMGC, RNR, RNST, TRMK
The Technology sector makes up the majority of our 52-week lows, as 44 out of our 146 lows come from the Technology sector. The Technology sector is outperforming the market today, increasing 1.71% so far on the day. Over the last month, the Technology sector has underperformed the market, decreasing 1.4% while the S&P increased 2.5%.
Technology: AIRS, AMED, CKPT, CLOV, QNCX, CTLT, DOCS, FOXO, FLGT, PRDS, HCAT, HGEN, IMUX, LABP, LPTX, MBIO, MEIP, MNMD, OCGN, OCX, OSCR, OVID, PASG, BIOR, QTNT, RLMD, RUBY, TCDA, TCRR, TNYA, VBIV
The Lists
The following stocks traded to 52-week highs:
AAQC, ACII, ALSN, AMGN, ASZ, BDC, BIIB, BSM, CAH, PR, CHX, CRU, CVLG, CVX, CW, EBF, EPAC, EPHY, FCAX, FLR, FRO, FTI, GILD, HES, HFWA, IBOC, IMVT, INSW, JWSM, KNSL, LANC, LGAC, LGV, LPLA, MCD, MOD, MRO, MTDR, NBTB, NE, NOV, ORA, OSBC, PCAR, PFG, PSN, PV, RFP, RJF, RMBS, RMGC, RNR, RNST, RYAM, SAIC, SLB, SRI, STRL, TMDX, TRMK, TSPQ, TWNK, WFRD, WNC, WSC, WTI, XOM
The following stocks recently reported earnings and are at a 52-week high:
The following stocks are trading at a 52-week high ahead of an upcoming earnings report:
The following stocks traded to 52-week lows:
OABI, AIRS, AIZ, AMC, AMCX, AMED, AMPL, ANGI, APP, ARVL, AYX, BASE, BBBY, BCOV, BHR, BIGC, BKKT, BLNK, RENT, BODY, CDLX, CKPT, CNM, COMP.EQ, QNCX, CRWD, CSR, CTLT, CURO, CVNA, CXM, CYRX, D, FOXO, EMBK, ENJYQ, ESS, EXPE, EXR, PRDS, FUV, BBAI, SWVL, GREE, GWRE, HCAT, HGEN, HLLY, ILPT, LVWR, IMUX, INVH, LABP, LAW, LIDR, LNC, LPTX, MAT, MBIO, MDB, MEIP, MKSI, MNMD, MTTR, NCNO, NEGG, NET, NLS, NSA, OCGN, OCX, ONDS, OPEN, OTTR, OVID, PAR, PASG, PD, BIOR, PRTS, PSFE, PX, QTNT, RDFN, REE, RKLY, HOUS, RLMD, RMAX, RNG, ROG, RPAY, RPD, RUBY, S, SDIG, SFT, SIVB, SMAR, ALLG, STC, STER, TCDA, TCRR, TEAM, THRY, TIG, TNYA, SST, TSLA, TSP, TYL, U, UPST, VBIV, VCXA, VLTA, VRNS, WISH, WMS, WOW, XELA, ZS
The following stocks recently reported earnings and are at a 52-week low:
APRN, DDOG, FNKO, GNRC, HRT, OPAD, PRLB, PSA, SABR, WBD
The following stocks are trading at a 52-week low ahead of an upcoming earnings report:
CLAR, CLOV, DOCN, DOCS, FA, FIVN, FLGT, FTCI, FVRR, LTRX, MNDY, OSCR, TWKS
High & Low Streaks
The following stocks are trading at a 52-week high for the third consecutive day:
The following stock is trading at a 52-week high for the fourth consecutive day:
The following stocks are trading at a 52-week low for the third consecutive day:
AIZ, AMED, APP, BBBY, BHR, CSR, CTLT, CVNA
The following stock is trading at a 52-week low for the third consecutive day:
