Stock Market Sees Mixed Results with Impressive Gains and Significant Losses

Jun 24 2024 01:02 PM IST

Today, the S&P 500 closed with a -0.31% decrease, with 2819 advances and 2000 declines, and a ratio of 1.41x. The top gainers include W.R. Berkley Corp., Alnylam Pharmaceuticals, Inc., and RXO, Inc., while the top losers include ResMed, Inc., Inspire Medical Systems, Inc., and Inhibrx, Inc. The S&P 500 takes the top spot for both gainers and losers, with 1 sector advancing and 1 sector declining.

The stock market is constantly fluctuating, and today is no exception. As of market close, the S&P 500 is trading at 5,447.87 with a loss of -16.75 points or -0.31%. The advance decline ratio across the S&P 500 shows 2819 advances and 2000 declines, with a ratio of 1.41x.

In terms of individual stocks, the top large cap gainer is W.R. Berkley Corp., with an impressive increase of 50.65%. This is followed by Alnylam Pharmaceuticals, Inc. as the top mid cap gainer with a 34.52% increase, and RXO, Inc. as the top small cap gainer with a 22.96% increase.

On the other hand, the top large cap loser is ResMed, Inc. with a decrease of -11.48%. Inspire Medical Systems, Inc. takes the top spot for mid cap losers with a -16.72% decrease, while Inhibrx, Inc. is the top small cap loser with a significant -52.36% decrease.

In the S&P 500, the top gainers include Gamida Cell Ltd. with an impressive increase of inf%, followed by View, Inc. with an increase of inf%, and Northern Star Investment Corp. II with a whopping 9900.00% increase. On the other hand, the top losers in the S&P 500 include Tempo Automation Holdings, Inc. with a -90.00% decrease, eFFECTOR Therapeutics, Inc. with a -75.81% decrease, and Prosomnus, Inc. with a -60.00% decrease.

Out of the 1 sector advancing today, the S&P 500 takes the top spot with a -0.31% decrease. This is followed by 0 sectors advancing and 1 sector declining. The top losing sector is the S&P 500 with a -0.31% decrease.

Overall, the stock market is experiencing a mix of gains and losses today, with some companies seeing significant increases while others are facing significant decreases. It will be interesting to see how the market continues to perform in the coming days.

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