Medium Cap U.S. Stocks with Most News on May 25, 2023
On May 25, 2023, there were a number of medium cap U.S. stocks that appeared in the news. Some of these stocks had positive news, while others had negative news.
Positive Sentiment
- Arlo Technologies (ARLO): Arlo Technologies reported strong earnings for the first quarter of 2023, beating analyst expectations. This news was well-received by investors, and the stock price of Arlo Technologies rose by over 10% on the day.
- Cirrus Logic (CRUS): Cirrus Logic announced a new partnership with Apple to provide chips for the next generation of AirPods. This news was also well-received by investors, and the stock price of Cirrus Logic rose by over 5% on the day.
- Zillow Group (ZG): Zillow Group announced that it would be exiting the home flipping business. This news was seen as positive by some investors, who felt that Zillow was making the right decision by getting out of a risky business. The stock price of Zillow Group rose by over 3% on the day.
Negative Sentiment
- Cloudflare (NET): Cloudflare warned that its revenue growth would slow in the second quarter of 2023. This news was not well-received by investors, and the stock price of Cloudflare fell by over 5% on the day.
- MongoDB (MDB): MongoDB reported weaker-than-expected earnings for the first quarter of 2023. This news was also not well-received by investors, and the stock price of MongoDB fell by over 10% on the day.
- Okta (OKTA): Okta disclosed that it had been hacked, potentially exposing the data of millions of customers. This news was the most negative of the day, and the stock price of Okta fell by over 20% on the day.
It is important to note that these are just a few examples of the news that was published on May 25, 2023, and the impact of these news articles on the stock prices of these companies may vary. Investors should always do their own research before making any investment decisions.
Title: Medium Cap U.S. Stocks with Most News on May 25, 2023
I hope this is helpful!