BZ - Earnings play kingmaker as Atkore races to top industrial gainer Bloom Energy picks #1 loser tag
It was a busy earnings week that held the fate of majority of stocks in our list of top gainers and losers for the week ending May 6. While Atkore rose to the top after boosting its full year outlook, even record Q1 revenue could not help Bloom Energy avoid landing as the worst decliner. In its biggest one-day loss in two years, the benchmark S&P 500 Index plunged 3.6% on May 5, the Dow lost 1,063 points and the tech-heavy Nasdaq closed the session down 5%. For the week ending May 6, The SPDR S&P 500 Trust ETF (SPY) -0.16% has been in the red for five weeks a row now. YTD, the ETF is -13.39%. The Industrial Select Sector SPDR (XLI) +0.40% was in the green after being in the red for five weeks straight. YTD, XLI -9.72%. The top five gainers in the industrial sector (stocks with a market cap of over $2B) all
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Earnings play kingmaker as Atkore races to top industrial gainer, Bloom Energy picks #1 loser tag