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FX.co ★ Stock market rally bypasses some companies

Stock market rally bypasses some companies

Stock market rally bypasses some companies

The recent explosive growth in equity markets has bypassed some companies. Their stocks edged lower, making them the worst-performing corporations.

Virgin Galactic, Discovery Communications, and Twitter suffered the most in April. The shares of Virgin Galactic Holdings Inc. tumbled by 27.69% over the month from $30.63 to $22.15. Discovery Communications’ shares sank by 13.85% to $37.66 per share. Twitter Inc's stock lost 13.22%, dropping to $55.22 from $63.63.

The shares of Bed Bath & Beyond, Peloton, and TripAdvisor went down by 13.14%, 12.53%, and 12.38% respectively. A decline in equity was also experienced by First Solar (-12.34%), Lyft (-11.9%), Cleveland-Cliffs (-11.19%), and iRobot (-10.95%). The stocks of Russia's United Wagon Company and Tatneft slipped by 26.58% and 14.76% respectively.

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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