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