Stocks to Watch Thursday Recap: Strategy, Moderna, Walmart

Dow Jones05:49

Strategy (MSTR), Coinbase (COIN), American Bitcoin (ABTC): Shares in the crypto-related companies all closed up more than 7% after President Trump had a friendly meeting with digital-currency leaders at the White House.

Moderna (MRNA): Shares plunged 23.6% following yesterday's 177% rally, the biggest in the S&P 500 in the past 25 years.

Walmart $(WMT)$: The retailer posted its weakest sales growth in over six years; shares fell 9.2%.

Advance Auto Parts (AAP): Shares closed 24.6% lower after the car-parts seller reported a decline in both same-store and net sales, noting that fewer people were picking up DIY projects for their automobiles.

Alibaba $(BABA)$: The Chinese company's U.S.-listed shares ticked up 1.3%, reversing an earler slight drop, after it reported a steep drop in profit amid heavy investments in AI.

Coty $(COTY)$: The beauty company reported a bigger loss and forecast a drop in sales in the current quarter. Shares were down 9.2%.

At the request of the copyright holder, you need to log in to view this content

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap
Leave a comment