JOBY - TuSimple drives ahead of aerospace in industrial gainers while Nielsen takes loser tag
The week saw massive gains, with aerospace related companies taking #4 out of the top 5 gainers' spots. All five posted gains of more than +18% with autonomous truck maker TuSimple pulling its weight to take the lead. Meanwhile, consultancy companies led the decliners' list. Industrial Select Sector SPDR (NYSEARCA:XLI) parred off losses from the previous week (-2.82%) to gain by +1.80% for the week ending Aug. 27. SPDR S&P 500 Trust ETF (NYSEARCA:SPY) finished the week in the green +1.46% and is +19.36% YTD. Industrials was among the gainers in the 11 S&P 500’s sectors. The top five gainers in the industrial sector (stocks with a market cap of over $2B): TuSimple Holdings (NASDAQ:TSP) +38.99% raced to the top this week after coming in second with modest gains. The Autonomous truck maker made the most gains earlier in the week, Aug.23-24 (surging +14.82% and +18.75%, respectively) dipping slightly midweek and then making gains in the next two days. Joby Aviation (NYSE:JOBY) +35.38%. The
For further details see:
TuSimple drives ahead of aerospace in industrial gainers while Nielsen takes loser tag