These ten large-cap stocks performed best last week when Donald Trump won the 47th Presidential election.
- Applovin Corporation (NASDAQ:APP) shares rocketed 82.27% after the company reported third-quarter results and several analysts raised the price forecast on the stock.
- Tempus AI, Inc.'s (NASDAQ:TEM) stock jumped 49.03% last week. The company reported mixed third-quarter results and announced the acquisition of Ambry Genetics.
- Coinbase Global, Inc. (NASDAQ:COIN) shares escalated 45.35%, probably as investors evaluated President-elect Trump's crypto policies.
- Astera Labs, Inc. (NASDAQ:ALAB) stock upped 42.57% after the company reported better-than-expected third-quarter results and several analysts raised the price forecast on the stock.
- Palantir Technologies Inc. (NYSE:PLTR) shares surged 41.0% after the company reported better-than-expected financial results and issued guidance above consensus.
- Axon Enterprise, Inc. (NASDAQ:AXON) stock rose 39.76% after the company reported third-quarter and issued guidance above estimates.
- Doximity, Inc. (NYSE:DOCS) shares were up 39.29% after the company reported strong second-quarter results.
- Tesla, Inc. (NASDAQ:TSLA) stock gained 32.28% on continued strength after Donald Trump won the 2024 presidential election. Strength may result from Elon Musk's campaign support and anticipation that he may be part of the administration.
- Robinhood Markets, Inc. (NASDAQ:HOOD) shares jumped 25.58% on Trump's victory in the U.S. presidential election.
- Reddit, Inc. (NYSE:RDDT) stock upped 23.64% following election results.
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