Get all your news in one place.
100’s of premium titles.
One app.
Start reading
Benzinga
Benzinga
Business
Nabaparna Bhattacharya

Snowflake, Trip.com, And MongoDB Are Among Top Large Cap Gainers Last Week (August 25-August 29): Are The Others In Your Portfolio?

Warsaw,,Poland.,31,July,2024.,Wola,Business,District,In,The

These ten large-cap stocks were top performers last week. Are they a part of your portfolio?

  1. EchoStar Corporation (NASDAQ:SATS) stock gained 105.98% this week, driven by a landmark $23 billion deal to sell a significant portion of its wireless spectrum portfolio to AT&T Inc (NYSE:T).
  2. MongoDB, Inc. (NASDAQ:MDB) stock gained 44.44% this week after the company reported better-than-expected second-quarter financial results and raised its FY26 guidance above estimates. Also, multiple analysts raised their price forecasts on the stock.
  3. Pure Storage, Inc. (NYSE:PSTG) stock gained 33.16% this week after the company reported better-than-expected second-quarter financial results, issued third-quarter sales guidance above estimates, and raised its FY26 sales guidance above estimates.
  4. Snowflake Inc. (NYSE:SNOW) shares gained 21.20% this week after the company reported second-quarter financial results and beat its adjusted EPS and revenue estimates. Multiple analysts raised price forecasts on the stock following the report.
  5. Trip.com Group Limited (NASDAQ:TCOM) gained 12.03% this week after the company reported better-than-expected second-quarter EPS and sales.
  6. Fabrinet (NYSE:FN) stock gained 9.20% this week after JPMorgan upgraded the stock from Neutral to Overweight and raised its price forecast from $318 to $345.
  7. Affirm Holdings, Inc. (NASDAQ:AFRM) stock gained 11.89% this week after the company reported better-than-expected fourth-quarter EPS and sales.
  8. Wynn Resorts, Limited (NASDAQ:WYNN) stock gained 9.47% this week after UBS analyst Robin Farley upgraded company from Neutral to Buy, raising the price forecast from $101 to $147.
  9. Deckers Outdoor Corporation (NYSE:DECK) stock gained 9.47% this week.
  10. Dutch Bros Inc. (NYSE:BROS) gained 9.5% this week. UBS analyst Dennis Geiger maintains a Buy, raising the price forecast from $80 to $85.
Sign up to read this article
Read news from 100’s of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.