-49% p.a.
bt_headshoulder_sharpeopt_mixed
Introduction to our strategy no description yet Quick Summary Metric Value Return % p.a. -49 Days active 492 …
tickers: MOLN SMCI, DNA, PAY, INSP, FUFU, MSTR, COIN, CYRX, NVDA, BTC-USD, SIRI
source: Benzinga
tickers affected by this
| ticker | polarity | why? |
|---|---|---|
| MOLN | positively | MOLN could potentially be affected positively by this as investors may see the opportunity for a rebound or strategic changes in response to the recent decline, making it an attractive buy at a lower price point. |
| SMCI | negatively | The negative impact on SMCI’s stock price could be due to broader market trends affecting tech stocks on the day, leading to a decline in investor sentiment towards the company. |
| DNA | negatively | The ticker DNA may be affected negatively by the mentioned 13% drop due to various reasons such as market sentiment, specific company news, or industry trends impacting investor confidence in the stock. Local industry dynamics linked to the company may also be influencing its stock performance. |
| PAY | negatively | The ticker PAY will be affected negatively due to its 9.3% decline on Monday, possibly influenced by overall market trends or specific company news impacting investor sentiment. |
| INSP | negatively | The ticker INSP is likely affected negatively by the 15% decline due to the decreased price target set by Stifel analyst Jonathan Block, leading investors to sell off shares. |
| FUFU | negatively | The negative impact on the ticker FUFU may be due to the overall downward trend in crypto stocks, as mentioned in the article. |
| MSTR | negatively | The negative impact on MSTR could be due to its correlation with Bitcoin, which also saw a decline in price in this scenario. As MSTR holds a significant amount of Bitcoin on its balance sheet, any drop in Bitcoin’s value could lead to a decrease in MSTR’s stock price. |
| COIN | negatively | The decline in Bitcoin prices could negatively impact the ticker COIN, as it is closely tied to the performance of cryptocurrencies. |
| CYRX | negatively | Cryoport, Inc. (CYRX) likely experienced a negative impact following the decrease in its stock price due to its strategic partnership announcement with Minaris Regenerative Medicine, leading to a decline in investor confidence in the short term. |
| NVDA | negatively | NVDA may have experienced a negative impact possibly due to a general market downturn following the mixed performance of U.S. stocks and the decline in Bitcoin prices. |
| BTC-USD | negatively | The negative performance of crypto stocks like BitFuFu Inc. (FUFU) and MicroStrategy Incorporated (MSTR) in the article suggests that the ticker BTC-USD, representing Bitcoin, may also be affected negatively due to the overall decline in the crypto market and Bitcoin’s slip below $62,000. |
| SIRI | negatively | Sirius XM Holdings Inc. (SIRI) may be negatively affected by the decline despite an upgrade from Evercore ISI Group, as overall market conditions and sector trends can impact stock performance. |
our strategies and bots using these tickers
xgb_sharpeopt_trenddet , c-bigtech-momentum , finnhub-recommendations , newstrader , bt_headshoulder_sharpeopt_mixed , static-skfolio-denoised-cov-shrunk-expret , static-skfolio-max-sortino
summary
U.S. Stocks Experience Mixed Performance: ResMed Inc. Plummets on Downgrade
The U.S. stock market saw a mix of performance on Monday, with the Dow Jones index gaining approximately 300 points. However, ResMed Inc. (RMD) experienced a sharp decline during Monday’s session, triggered by sleep apnea data from Lilly. Citigroup analyst Mathieu Chevrier downgraded ResMed from Buy to Neutral, leading to a 10.4% drop in ResMed shares to $184.35.
Other Big Stock Movements for the Day
- Molecular Partners AG (MOLN): Shares fell by 22.6% to $7.43.
- Cryoport, Inc. (CYRX): Declined by 19.9% to $7.77. The drop followed the announcement of a strategic partnership with Minaris Regenerative Medicine for advancements in cell and gene therapies.
- BridgeBio Pharma, Inc. (BBIO): Dipped 19.2% to $22.11.
- BitFuFu Inc. (FUFU): Fell 17.7% to $5.11, reflecting the downward trend in crypto stocks as Bitcoin slipped below $62,000.
- Inspire Medical Systems, Inc. (INSP): Declined by 15% to $136.88. Stifel analyst Jonathan Block maintained a Hold rating on Inspire Medical Systems and reduced the price target.
- Ginkgo Bioworks Holdings, Inc. (DNA): Fell 13% to $0.3661.
- MicroStrategy Incorporated (MSTR): Dropped 10.3% to $1,328.74 following Bitcoin’s decline below $62,000.
- Paymentus Holdings, Inc. (PAY): Fell by 9.3% to $16.97.
- Super Micro Computer, Inc. (SMCI): Declined 8.5% to $827.94.
- Sirius XM Holdings Inc. (SIRI): Dropped 8% to $2.6950, despite an upgrade from Evercore ISI Group.
- Coinbase Global, Inc. (COIN): Slid 7.7% to $208.51 as Bitcoin prices saw a decline.
- NVIDIA Corporation (NVDA): Experiences a 5.8% drop to $119.11, potentially due to a pullback after recent momentum. This article does not provide investment advice and is for informational purposes only.
