Amer Sports Scores An All-Time High
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FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Stocks snapped back after an early gap down. The Nasdaq Composite closed +1.04%. The Russell 2000 ran +0.80%.
Technology advanced +0.82%. Communications and utilities gained +0.65%. Financials, energy and healthcare fell more than -0.50%.
New 52-Week Highs led New Lows — 98 vs. 76.
THE BEST OF THE BEST
Amer Sports ($AS) is the Best of the Best. The new issue apparel and athletic equipment conglomerate gained +5.78% following its Q3 earnings report.
$AS closed at an all-time high.
Here’s the daily chart.
THE WORST OF THE WORST
StoneCo ($STNE) is the Worst of the Worst. The fintech software provider stumbled -4.03% and closed at its lowest price since April 2023.
Here’s the disastrous daily chart.
And weak weekly chart.
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