NVDA gained a massive 197% since our AI first added it in November - is it time to sell? 🤔Read more

Avidity Biosciences And CleanSpark Were Among The 10 Biggest Mid-Cap Stock Gainers Last Week (June 9-June 15): Are These In Your Portfolio?

Published 16/06/2024, 19:25
© Reuters.  Avidity Biosciences And CleanSpark Were Among The 10 Biggest Mid-Cap Stock Gainers Last Week (June 9-June 15): Are These In Your Portfolio?
ACLS
-
KFY
-
WLY
-
ESI
-
NTLA
-
CLSK
-

Benzinga - by Lekha Gupta, Benzinga Editor.

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

  • Avidity Biosciences, Inc. (NASDAQ:RNA) shares jumped 50.15% following the announcement that the Phase 1/2 trial data for muscle disorder therapy yielded positive results.
  • Iris Energy Limited (NASDAQ:IREN) shares surged 24.31% after Cantor Fitzgerald assumed an Overweight rating on the stock and announced a $23 price target.
  • Hims & Hers Health, Inc. (NYSE:HIMS) shares rose 15.29%.
  • John Wiley & Sons, Inc. (NYSE:WLY) shares rose 14.07% after the company reported Q4 adjusted EPS and sales that beat estimates.
  • Element Solutions Inc. (NYSE:ESI) shares grew 13.46% after the company raised Q2 and FY24 guidance. Mizuho and BMO Capital also raised their price forecasts for the stock.
  • CleanSpark, Inc. (NASDAQ:CLSK) shares gained 13.31% amid strength in Bitcoin following softer-than-expected May CPI figures.
  • Enovix Corporation (NASDAQ:ENVX) stock price escalated 12.97% as shares of several industrial companies gained amid overall market strength following positive inflation data.
  • Axcelis Technologies, Inc. (NASDAQ:ACLS) shares advanced 12.70% last week. Semiconductor stocks gained on softer-than-expected CPI figures, which lifted stocks on Wednesday, while AI optimism also continues to boost the sector.
  • Intellia Therapeutics, Inc. (NASDAQ:NTLA) stock price upped 12.08%.
  • Korn Ferry (NYSE:KFY) shares increased 8.13% following the company’s Q4 earnings. A couple of analysts raised the price forecasts on the stock.
  • Also Read: Celsius And PayPal Were Among The 10 Biggest Large Cap Losers Last Week (June 9-June 15): Are These In Your Portfolio?

    Image: 15958319 from Pixabay

    © 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

    Read the original article on Benzinga

    Latest comments

    Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
    Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
    Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
    It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
    Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
    © 2007-2024 - Fusion Media Limited. All Rights Reserved.