During trading Tuesday, 30 stocks traded to a 52-week high, while 34 stocks bottomed out at new 52-week lows. The S&P 500 is down 0.66% so far today while the Dow is down 0.4%, the Nasdaq is down 0.85%, and the Russell 2000 is down 1.36%.
Stocks of course are down to start the new year as 2023 is already following in 2022’s footsteps. Tesla (TSLA) shares are 11.98% lower Tuesday after the electric vehicle producer missed on its fourth quarter delivery projections but managed to report 40% growth in deliveries for 2022 overall.
Sector Highlights
Financial Services stocks dominated our list of highs today with 10 out of the 30 total stocks that reached their high coming from the Financial Services sector. The Financial Services sector is outperforming the market, decreasing 0.28% so far on the day. Over the last month, the Financial Services sector has outperformed the market, increasing 2.54% while the S&P decreased 4.8%.
Finance stocks have the most highs Tuesday morning with the sector falling less than most over the past month of trading.
Financial Services: AAC, DCRD, FSNB, GFX, JWSM, NSTC, PNTM, RMGC, TBCP, VAQC
The Technology sector makes up the majority of our 52-week lows, as 8 out of our 34 lows comes from the Technology sector. The Technology sector is outperforming the market today, decreasing 1.49% so far on the day. Over the last month, the Technology sector has underperformed the market, decreasing 7.66% while the S&P decreased 4.8%.
Technology stocks have the most lows today as it continues its nosedive with a 1.5% fall on the day and now down over 7.5% during the last month.
Technology: AAPL, DNA, UPH
The Lists
The following stocks traded to 52-week highs:
AAC, ADMA, AKRO, CABA, DCRD, DECK, DOX, EHC, ELF, FSNB, GFX, IMVT, IRDM, JWSM, LVS, MSGS, NSTC, PBT, PCVX, PNTM, PRVB, PWSC, RMGC, RYAM, SCPL, STRL, TBCP, TGLS, VAQC, WVE
The following stocks traded to 52-week lows:
AAPL, AIRC, ARQQ, BBBY, BKKT, QNGYQ, CMLS, DBI, DNA, FSRDQ, EXR, FUBO, GLDD, INFA, INVH, SES, KRC, LAZR, LL, LPI, LSI, LTHM, METC, NAK, NSA, PSA, RIVN, RKLY, SHEN, TSLA, TUEM, UPH, VVI, XELA
