HOOD - Hot Stocks: PYPL hits low; oil stocks rise; ASTR reaches orbit; PANW sets high; AUPH plunges
On a day when the Nasdaq and S&P 500 lost ground, oil stocks represented a rare bright spot on Monday. The sector climbed as the U.S. and OPEC+ squared off over crude supplies. ConocoPhillips (NYSE:COP), Diamondback Energy (NASDAQ:FANG), Occidental Petroleum (NYSE:OXY), Phillips 66 (NYSE:PSX) and Exxon Mobil (NYSE:XOM) all rose during the session. Astra Space (NASDAQ:ASTR) was another major gainer, posting a double-digit percentage gain on news that it had completed a successful commercial launch. Palo Alto Networks (NASDAQ:PANW) also pushed higher, extending recent gains and establishing a fresh 52-week high. Turning to some of the day's biggest decliners, Aurinia Pharmaceuticals (NASDAQ:AUPH) lost almost a third of its value as the filing of a mixed shelf offering provided the catalyst for investors to clear out some of the stock they purchased earlier this month amid speculation of a potential takeover. PayPal (NASDAQ:PYPL) lost ground as well. A broad decline among
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Hot Stocks: PYPL hits low; oil stocks rise; ASTR reaches orbit; PANW sets high; AUPH plunges