Axon Enterprise, Inc. leads large cap segment, while Pinterest, Inc. struggles

The stock market is constantly changing and today, the large cap segment is seeing some interesting shifts. In this segment, there are two stocks that have caught the attention of investors - Axon Enterprise, Inc. and Pinterest, Inc.

Axon Enterprise, Inc. has been the best performer in this segment with a return of 28.68%. This company, which specializes in law enforcement technology, has been on the rise due to its innovative products and strong financial performance. On the other hand, Pinterest, Inc. has been the worst performer with a return of -14.00%. This social media platform has been facing challenges in terms of user growth and monetization, leading to a decline in its stock value.

Looking at the overall market, the advance decline ratio for large cap stocks is at 1.73x, with 256 stocks advancing and 148 stocks declining. This indicates a positive trend in the market, with more stocks gaining value than losing it.

In terms of individual stocks, Apple, Inc. and Cardinal Health, Inc. have both seen a shift from a mildly bullish to a bullish technical call. This means that these stocks are expected to continue their upward trend, making them potential investments for investors.

Overall, the market is being driven by strong performers like Axon Enterprise, Inc. and positive market sentiment with a high advance decline ratio. Investors should keep an eye on these trends and consider potential investments in stocks like Apple, Inc. and Cardinal Health, Inc. for potential gains in the market.