Moderna Was Among The Best Performing Large-Cap Stocks Last Week (May 20-May 26, 2024): Are They In Your Portfolio?

Zinger Key Points
  • Moderna stock gained in the last week in response to the forecast of rising COVID-19 cases.
  • First Solar stock gained 41.5% in response to tariffs hike on Chinese imports.
Loading...
Loading...

These large-cap stocks were the best performers in the last week. Are they in your portfolio?

  1. First Solar, Inc. FSLR shares jumped 41.5% possibly in response to President Joe Biden's recent announcement of increased tariffs on Chinese imports, which included a significant hike on solar cells. Also, several analysts raised the price target.
  2. Moderna, Inc. MRNA shares surged 23.4% on reports indicating disease experts predict a small rise in COVID-19 cases this summer.
  3. E.L.F. Beauty, Inc. ELF shares escalated 21.9% following continued strength on better-than-expected Q4 earnings. Several analysts revised the price target.
  4. NVIDIA Corporation NVDA shares increased 13.50% after the company reported better-than-expected Q1 2025 financial results and issued Q2 2025 revenue guidance with its midpoint above estimates. Also, the company announced a 10-for-1 forward stock split and increased its quarterly dividend per share on a post-split basis.
  5. International Paper Company (NYSE: IP) shares were 10.7% after Suzano confirmed interest in the company and an analyst upgraded the stock.
  6. Analog Devices, Inc. ADI shares rose 8.2% following better-than-expected Q2 financial results. Several analysts raised the price target on the stock.
  7. Flex Ltd. FLEX shares grew 7.84% last week.
  8. Logitech International S.A. LOGI shares upped 7.70%. The company launched MeetUp 2, the AI-driven, next-generation of bestselling video bars for huddle rooms.
  9. BioNTech SE BNTX shares increased 7.04% following reports indicating disease experts predict a small rise in COVID-19 cases this summer.
  10. Monday.Com Ltd. MNDY shares rose 6.2%, gaining momentum following better-than-expected Q1 financial results previously and a Q2 FY24 revenue guidance above estimates, and analysts boosted price targets.

Also Read: Lululemon Athletica Was Among The Worst-Performing Stocks Last Week: Are These 10 Large-Cap Stock Losers In Your Portfolio?

Photo via Wikimedia Commons

Market News and Data brought to you by Benzinga APIs
Comments
Loading...
Posted In: Large CapNewsTop StoriesMoversBriefsStories That Matter
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!

Loading...