Clearwater Runs +20%
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Onward…
FOR THOSE JUST JOINING US, HERE’S AN OVERVIEW
Stocks stalled. Every major index lost more than -1%. The Nasdaq Composite cratered -2.30%. The Russell 2000 tumbled -3.03%.
Utilities rallied +1.80%. Real estate ran +1.5%. Tech detached -3.73%. Consumer discretionary and energy fell more than -2.4%.
New 52-Week Highs led New Lows — 168 vs. 56.
THE BEST OF THE BEST
Clearwater Analytics ($CWAN) is the Best of the Best. The financial SaaS provider propelled +20.31% following its record setting earnings report.
$CWAN closed at its highest price since November 2021.
Here’s the daily chart.
And weekly chart.
THE WORST OF THE WORST
Mobileye Global ($MBLY) is the Worst of the Worst. The autonomous driving software developer crashed -22.48% following its Q2 earnings flop.
$MBLY closed at an all-time low.
Here’s the daily chart.
And weak weekly chart.
RILEY’S RECS
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