These ten large-cap stocks were the best performers in the last week. Are they in your portfolio?
- Summit Therapeutics Inc. (NASDAQ:SMMT) shares rocketed 98.32% after the company announced it raised $235 million in net proceeds.
- BioNTech SE (NASDAQ:BNTX) stock gained 31.77% in the last week after GSK halted development of the Herpes Simplex Virus Vaccine, clearing the path for other contenders like Moderna and BioNTech.
- Applovin Corporation (NASDAQ:APP) stock jumped 28.38% as several analysts raised the price target on the stock.
- Chewy, Inc. (NYSE:CHWY) stock escalated 21.37%. The stock possibly jumped amid sympathy with Petco Health and Wellness Inc. (NASDAQ:WOOF) after the company reported financial results.
- Broadcom Inc. (NASDAQ:AVGO) shares increased 20.81%. The stock may be up amid a rebound in some chip stocks.
- Arm Holdings (NASDAQ:ARM) shares gained 20.50% after Raymond James initiated coverage on the stock with an Outperform rating and announced a $160 price target.
- MicroStrategy (NASDAQ:MSTR) stock upped 18.74% after the company announced purchasing 18,300 bitcoins (CRYPTO: BTC/USD).
- Kinross Gold Corporation (NYSE:KGC) shares increased 17.14% after the company announced it completed a Preliminary Economic Assessment for the Great Bear project.
- Warner Bros. Discovery (NASDAQ:WBD) stock gained 17.10% in the last week on continued strength after a recently announced multi-year partnership with Charter to integrate linear video and streaming services to enhance flexibility and value in video bundles.
- Vertiv Holdings, LLC (NYSE:VRT) stock upped 17.02%.
Image via Chewy