📈 Weekly US Stock Market Recap (Nov. 4th - Nov. 8th)

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Mavefun

2024-11-08

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📈 Weekly US Stock Market Recap (Nov. 4th - Nov. 8th)

The #SP500 saw a significant boost, up +4.72%. Here are some of the week's top movers, along with reasons for their notable changes:

🚀 Gainers:

$AXON #Axon +42%: Surged after impressive Q3 earnings and a bold AI strategy.


$TSLA #Tesla +29%: Reached a $1 trillion market cap, driven by a rally post-election.


$EPAM #EPAMSystems +26%: Led S&P 500 gains on Thursday, thanks to strong earnings and an optimistic outlook.


🔻 Decliners:

$ENPH #EnphaseEnergy -21%: Dropped following a downgrade from Jefferies.


$XRAY #DentsplySirona -25%: Fell on poor 2024 guidance and macroeconomic pressures.


$CE #Celanese -33%: Declined sharply after a major dividend cut announcement.


Stay updated for insights on top gains and losses in the market! #StockMarket #Investing #Finance #Economy


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