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Weekly US Stock Market Update (Jul. 29th - Aug. 2nd)

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Mavefund

2024-08-03

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πŸ“‰πŸ“ˆ **Weekly US Stock Market Update (Jul. 29th - Aug. 2nd)**

Last week, the S&P 500 dropped by -2.37%. Here are the top gainers and losers:

πŸš€ **Top Gainers:**

1. **2U Inc. (#2U $TWOU)**

- **Industry:** Education

- **Sector:** Consumer Defensive

- **% Change:** +99%

- **Reason:** 2U ($TWOU) Stock Continues to Surge in Bankruptcy Rally

- [Learn More](https://mavefund.com/company?key=TWOU)

2. **Omnicell (#Omnicell $OMCL)**

- **Industry:** Health Information Services

- **Sector:** Healthcare

- **% Change:** +34%

- **Reason:** Omnicell ($OMCL) Surpasses Q2 Earnings and Revenue Estimates

- [Learn More](https://mavefund.com/company?key=OMCL)

3. **Exact Sciences (#ExactSciences $EXAS)**

- **Industry:** Diagnostics

- **Sector:** Healthcare

- **% Change:** +30%

- **Reason:** Exact Sciences ($EXAS) Shares Gap Up on Better-Than-Expected Earnings

- [Learn More](https://mavefund.com/company?key=EXAS)

πŸ“‰ **Top Losers:**

1. **Moderna (#Moderna $MRNA)**

- **Industry:** Biotechnology & Medical Research

- **Sector:** Healthcare

- **% Change:** -30%

- **Reason:** Moderna stock falls 20% as it slashes guidance on low EU sales, tough U.S. vaccine market

- [Learn More](https://mavefund.com/company?key=MRNA)

2. **Intel (#Intel $INTC)**

- **Industry:** Semiconductor

- **Sector:** Technology

- **% Change:** -32%

- **Reason:** Intel stock plummets most in 40 years amid massive restructuring

- [Learn More](https://mavefund.com/company?key=INTC)

3. **Snap Inc. (#SnapInc $SNAP)**

- **Industry:** Internet Content

- **Sector:** Communication

- **% Change:** -30%

- **Reason:** Snap’s stock drops sharply as revenue misses estimate

- [Learn More](https://mavefund.com/company?key=SNAP)

Stay informed with the latest market trends! πŸ”πŸ“Š

#StockMarket #Investing #Finance #Stocks #MarketUpdate #LinkedIn

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