BZ - Kanzhun climbs to top industrial gainer while earnings drag General Electric to pick #1 loser tag
Earnings was the main theme for the week ending April 29, barring the two Chinese companies which took the top 2 spots. The SPDR S&P 500 Trust ETF (SPY) -3.30% has been in the red for a month now (4 weeks in a row). YTD, the ETF is -13.26%. The Industrial Select Sector SPDR (XLI) -3.34% has been in the red now for five weeks straight. YTD, XLI -10.08%. The top five gainers in the industrial sector (stocks with a market cap of over $2B) all gained more than +7% each. However, YTD, all the five stock are in the red. Kanzhun (NASDAQ:BZ) +18.72% leapfrogged from the decliners' list it found itself in last week to take the #1 gainer tag. But this has yet again shown the volatile nature of the stock. The Chinese online recruitment platform was at #1 spot (+51.77%) for the week ending March 18 but only a week before that it was the worst performing stock
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Kanzhun climbs to top industrial gainer, while earnings drag General Electric to pick #1 loser tag