MVST - HeadHunter heads industrial gainers while meme stock Microvast takes top loser spot
This week gainers list wasn't about extravagant gains as seen two weeks ago with companies such as Astra Space or Virgin Galactic (NYSE:SPCE) but more of a neck-to-neck race in trying to edge out each other. The decliners list, however was a different story, with all the five stocks showing more than -15% loss for the week. Industrial Select Sector SPDR (NYSEARCA:XLI) declined -2.82% in the week ending Aug. 20. Industrials was among the decliners in the 11 S&P 500’s sectors. SPDR S&P 500 Trust ETF (NYSEARCA:SPY) ended the week in red -0.57%. The top five gainers in the industrial sector (stocks with a market cap of over $2B): HeadHunter Group (NASDAQ:HHR) +6.68%. The Russian online recruitment platform took the top gainer spot following an earnings show that beat expectations. The company's Q2 revenue jumped 145.5% Y/Y. The stock had been steadily rising as Headhunter was also among the top five gainers a month ago. TuSimple Holdings (NASDAQ:TSP) +6.28% came in a close
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HeadHunter heads industrial gainers, while meme stock Microvast takes top loser spot