This week, which stocks lagged or dragged? Weekly Winners column keeps up with market trends, helping Tigers sort out the week's hottest sectors, stock winners and important news.
Below are top 10 S&P 500 stock gainers for the week ended Apr. 17:
Robinhood Stock Jumps as SEC Scraps $25K Pattern Day Trader Rule
Robinhood shares jumped 31% this week after the Securities and Exchange Commission approved the elimination of restrictive pattern day trader rules.
The SEC gave approval Tuesday for sweeping changes to restrictions on day-trading activity by retail investors, a move welcomed by retail brokers.
Oracle deepens AWS multicloud network reach
Oracle shares have jumped nearly 30% over the past week, driven largely by April 16 news from Oracle and Amazon.com’s (AMZN) AWS. They will expand their multicloud partnership to add enterprise-grade, high-performance connectivity between Oracle Cloud Infrastructure (OCI) and AWS.
Coinbase Soars To Key Level As Bitcoin Touches $75,000
Coinbase Global’s share price climbed 23% over the past week, bucking its negative year-to-date performance as crypto markets snapped back into risk-on mode.
The rally came alongside a sharp rebound in major tokens, with Bitcoin pushing toward the $75,000 mark and Ethereum jumping higher, helped by easing geopolitical tensions in the Middle East and renewed institutional inflows into crypto exchange-traded products. That shift triggered short covering across the sector and lifted sentiment around listed crypto platforms.
AppLovin shares rise 22% as software risk-on bid and pre-earnings positioning return
AppLovin Corporation (APP) is up 22% this week. The move looks driven by a renewed risk-on tone in high-growth software names, alongside continued optimism into AppLovin’s next earnings report. Recent bullish positioning signals (including elevated options activity) and prior analyst target increases may be reinforcing momentum.
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