BZ - China's Kanzhun top industrial gainer while airline stocks pile up losers' list
Kanzhun took the top spot among gainers, continuing its see-saw trend, while airline stocks almost packed the entire list of decliners on concerns of fuel jet prices, among other things. For the week ending June 3, The SPDR S&P 500 Trust ETF (SPY) was (+1.29%) in the green for the second week straight after a 7-week losing streak. However, YTD, the ETF is still in the red. The Industrial Select Sector SPDR (XLI) also gained (+2.41%) for the second week in a row, which preceded two back-to-back weeks of losses. YTD, XLI is -9.70%. The top five gainers in the industrial sector (stocks with a market cap of over $2B) all gained more than +13% each. However, YTD, only two out of these five stocks are in the green. Kanzhun (NASDAQ:BZ) +21.78% continued to show its volatile nature as the stock was among the gainers this week. The Chinese online recruitment platform gained the most on June
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China's Kanzhun top industrial gainer, while airline stocks pile up losers' list