
Adeia Hits An All-Time High
Good evening. Welcome to Trends with No Friends.
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Markets were mixed. The S&P 500 inched +0.24%. The Russell 2000 stumbled -0.34%.
Healthcare gained +1.30%. Consumer staples, energy and utilities advanced at least +0.50%. Basic materials lost -1.18%.
New 52-Week Highs led New Lows — 103 vs. 55.
THE BEST OF THE BEST
Adeia ($ADEA) is the Best of the Best. The R&D and intellectual property (IP) licensing company carried +21.68% following its Q4 earnings report.
$ADEA closed at an all-time high.
Here’s the daily chart.

And monster monthly chart.

THE WORST OF THE WORST
Wingstop ($WING) is the Worst of the Worst. The quick-serve chicken wing shop dropped -13.40% following its Q4 earnings report.
$WING closed at its lowest price since January 2024.
Here’s the daily chart.

And weak weekly chart.

RILEY’S RECS
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