Markets Decline Wednesday; Finance Stocks Lead 52-Week Highs

During Wednesday’s trading, 35 stocks traded to 52-week highs, while 137 stocks made new 52-week lows. The S&P 500 is down 0.67% so far today, while the Dow is down 0.33%, the Nasdaq is down 0.85% and the Russell 2000 is down 1.72%.

Stocks fell on Wednesday after rallying for the past few days as the S&P 500 finally hit support levels. Netflix (NFLX) shares surged over 13% as the streaming platform managed to add 2.4 million subscribers and beat earnings expectations for the quarter.

Industry Highlights

financial services Stocks dominated our list of highs today, with 19 of the 35 stocks that made the high being in the financial services sector. The financial services sector is lagging the market and is down 1.59% so far on the day. Over the last month, the financial services sector has outperformed the market, up 3.05% while the S&P is down 4.17%.

Financial stocks made the highest highs on Wednesday after most of the leading banks’ earnings reports were released earlier this week or last week.

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financial services: AGAC, ASZ, BANR, CONX, CPUH, CRU, CVII, FVIV, GL, GXII, HAAC, LGAC, NSTD, PNTM, PV, RGA, SCOA, TRTL, UNM

Healthcare accounts for the majority of our 52-week lows as 34 of our 137 lows are from healthcare. The healthcare sector is outperforming the market today, down 1.38% so far on the day. Over the past month, the healthcare sector has outperformed the market, up 0.03% while the S&P is down 4.17%.

Healthcare stocks have the most lows today, although the sector has been flat for the past month while the market as a whole has fallen over that period.

healthcare: ABT, AKBA, ATAI, ATNX, BLI, CLOV, CTLT, DMTK, EBS, ESTA, FBIO, FLGT, KALV, LIFE, LUNG, MEIP, MPLN, MRVI, NEO, NEOG, NSTG, OPK, OSCR, QTNT, SDC , SIEN, SLGC, TALK, TCRR, TSHA, TXG, VAPO, VSTM, VXRT

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The lists

The following stocks traded at 52-week highs:

AGAC, AKRO, ASZ, CCRN, CCXI, CONX, CPUH, CRU, CVII, FSNB, FVIV, GL, GLOP, GXII, HAAC, DINO, HLIT, LCA, LGAC, LRN, NOC, NSTC, NSTD, PBF, PBFX, PNTM, PV, RGA, SCOA, STNG, TNK, TRTL, UNM, WWE

The following stock is trading at a 52-week high ahead of an upcoming earnings report:

LINK

The following stocks traded at 52-week lows:

ABT, ACCO, ACMR, AGFY, AKBA, ALLY, AN, ANGI, ARLO, ARQQ, ASTR, ATAI, ATEX, ATNX, ATOM, AZEK, BASE, BGRY, BGS, BLI, BLND, RENT, QNGY, CDZI, CEI, RUM, CIFR, CLAR, CLOV, CNK, COLD, CTLP, CTLT, CURO, CVNA, CYXT, CZOO, DMTK, DNMR, EBET, EBS, EHTH, MODG, ENJYQ, ESTA, ETWO, EWCZ, FBIO, FBK, FFIE, FLGT, FOR, FPH, FREE, FTCI, GAN, PSNY, GNRC, GOCO, POL, GREE, HAS, HASI, HIPO, HZO, KALV, KMX, LAD, LIFE, LUNG, MEIP, MPLN, MRVI, MVST, MX, NAK, NEO, NEOG, NKLA, NSTG, NTRS, NVVE, OLPX, OPAD, OPEN, OPK, OPRT, OSCR, OSTK, PAR, PATK, PLBY, POOL, PRAA, PRCH, PRG, PRM, QTNT, RADI, RDFN, REAL, A HOUSE, ROOT, RPAY, RVLV, BRCC, SDC, SFBS, SFT, YOU, SLGC, slqt, SMSI, SPCE, STC, TALK, TCRR, TREE, RIGHT, TSHA, TSP, TXG, UFI, VAPO, VMEO, VSTM, VXRT, WE, WEBR, SHOT, WRAP, XELA, XL, xos, CORZ

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The following stocks are trading at 52-week lows ahead of an upcoming earnings report:

AAN, PII

High and low stripes

The following stocks are trading at 52-week highs for the third straight day:

BANR, FSNB, LRN, NSTC, STNG

The following stock is trading at a 52-week high for the fourth straight day:

CRU

The following stock has traded at a 52-week high for five or more consecutive days:

CV (5)

The following stocks are trading at 52-week lows for the third straight day:

ARQQ, NVVE, POL, PRCH, QNGY, QTNT, RUM

The following stock is trading at a 52-week low for the third straight day:

MEIP

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