RKLB - Battery maker Enovix leads industrial gainers while shipping stocks see a dip

It seemed a good week for battery makers as two of them made the gainers list. Meanwhile manufacturing marketplace Xometry was in the red. Industrial Select Sector SPDR (NYSEARCA:XLI) -0.76% and SPDR S&P 500 Trust ETF (NYSEARCA:SPY) -0.89% finished the week ending Sept. 24 in the red, but YTD the two have been up +13.65%, and +18.54%, respectively. The top five gainers in the industrial sector (stocks with a market cap of over $2B): Enovix (NASDAQ:ENVX) +23.93% The lithium-ion battery maker gained big from Sept. 22 following the announcement that it produced the first battery cells from its first automated factory in Fremont, Calif. The company also released pre-production quantities of a new cell design for Augmented Reality glasses. The Wall Street Analysts Rating is Very Bullish with a price target of $29.67 on the stock. Joby Aviation (NYSE:JOBY) +22.91% The air taxi start-up — which has being seeing huge swings since it went public in August via a SPAC merger — soars to second

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Battery maker Enovix leads industrial gainers while shipping stocks see a dip