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Stock Performance & Corporate Earnings

  • 6 big name stocks that are down more than 50% over the last 52 weeks. UnitedHealth Group Moderna Novo Nordisk Centene Corporation Molina Healthcare and Gartner. Gartner is down 49.88%.
  • Tesla Is Hiring, the Stock Is Rising. Musk Is Ramping Up His Robo-Taxi Drive. Barrons. Tesla is now down 16% year to date. On a related note, its first half sales in Norway surged. This differs from most of Europe.  https://lnkd.in/giZ5StwT. Reuters.
  • CAVA gets crushed. It falls more than 16.5% as it misses revenue growth targets. Chipotle Mexican Grill and sweetgreen  also show very poor growth.
  • See Yahoo Finance. “Chipotle, Cava, and Sweetgreen results reveal a challenging summer for America’s favorite office lunch spots”.  https://lnkd.in/gD4zRsRe
  • Apple is rebounding like Charles Barkley and Dennis Rodman this month and up 10% over the last 30 days.

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