These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
- MicroStrategy Inc.’s MSTR stock gained 25.97% last week amid the sharp rise in Bitcoin’s BTC/USD price.
- Shopify Inc. SHOP shares escalated 24.53% after the company reported better-than-expected third-quarter results and several analysts revised their price targets on the stock.
- Affirm Holdings Inc AFRM gained 20.80% last week. Wells Fargo maintained an Overweight rating on the stock and raised its price forecast from $52 to $55.
- Walt Disney Company DIS stock upped 16.22% after announcing fourth-quarter results. Analysts raised the price forecast on the stock.
- Spotify Technology SPOT stock upped 14.39% after the company reported better-than-expected third-quarter earnings and analysts boosted price targets.
- Jack Dorsey’s Block, Inc. SQ stock increased by 13.06%. Several analysts raised their price forecasts on the stock.
- Coinbase Global Inc COIN shares gained 12.97% last week. The company recently announced it acquired on-chain payments platform Utopia Labs. A sharp rise in Bitcoin price also played a part.
- Palantir Technologies Inc.’s PLTR stock upped 12.64%. The company announced it renewed its multi-year enterprise agreement with Rio Tinto for an additional four years of access to its AI platform. It also plans to transfer its stock exchange listing to the Nasdaq.
- Grab Holdings Limited GRAB shares increased 11.82% after the company reported third-quarter results and raised its FY25 revenue guidance above estimates.
- NetEase, Inc. NTES shares rose 11.37% after the company reported third-quarter financial results.
Photo by Useacoin on Shutterstock
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in