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📉 Weekly US #StockMarket Recap (Dec. 9th - 13th)

Mavefund author image

Mavefund

2024-12-14

📉 Weekly US #StockMarket Recap (Dec. 9th - 13th) featured image

📉 Weekly US #StockMarket Recap (Dec. 9th - 13th)

The #SP500 dipped -0.52%, but here are some key movers and their reasons:

Biggest Losers:

🚨 $PLAY #DaveAndBusters -26%

https://mavefund.com/company?key=PLAY

Missed Q3 earnings and revenue estimates.


🚨 $MDB #MongoDB -25%

Despite strong earnings, CFO departure spooked investors.

https://mavefund.com/company?key=MDB


🚨 $YEXT #Yext -23%

Shares dropped 16.96% on weak Q3 results that missed expectations.

https://mavefund.com/company?key=YEXT


Biggest Gainers:

🚀 $AVGO #Broadcom +26%

Stock surged on excitement around massive AI chip opportunities.

https://mavefund.com/company?key=AVGO


🚀 $BNED #BarnesAndNobleEducation +25%

Q2 profit doubled, with strong growth in First Day Program sales (+18%).

https://mavefund.com/company?key=BNED


🚀 $CIEN #Ciena +20%

Solid Q4 sales and earnings beat, rallying 15% on an optimistic outlook.

https://mavefund.com/company?key=CIEN


#StockMarketNews #Investing #Finance #Mavefund


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