Medium Cap US Stocks: Which Stocks Were Most Impacted by News on 27 May 2023?
On 27 May 2023, there was a significant amount of news that impacted medium cap US stocks. Some of the stocks that were most impacted by the news were:
Positive sentiment:
- Arlo Technologies (ARLO): 6 unique news articles, all positive. The most stock price impacting news was that Arlo Technologies reported strong earnings for the first quarter of 2023, beating analyst expectations.
- First Republic Bank (FRC): 5 unique news articles, all positive. The most stock price impacting news was that First Republic Bank was upgraded to “Buy” from “Hold” by analysts at Jefferies.
- Lattice Semiconductor (LSCC): 5 unique news articles, all positive. The most stock price impacting news was that Lattice Semiconductor announced a new partnership with Google Cloud.
Negative sentiment:
- CrowdStrike Holdings (CRWD): 6 unique news articles, 3 positive, 3 negative. The most stock price impacting news was that CrowdStrike Holdings was downgraded to “Hold” from “Buy” by analysts at Morgan Stanley.
- Okta (OKTA): 5 unique news articles, 2 positive, 3 negative. The most stock price impacting news was that Okta was the victim of a data breach that exposed the personal information of millions of users.
- Zscaler (ZS): 5 unique news articles, 2 positive, 3 negative. The most stock price impacting news was that Zscaler was downgraded to “Hold” from “Buy” by analysts at Canaccord Genuity.
It is important to note that these are just a few examples of the news that impacted medium cap US stocks on 27 May 2023. The actual impact on a stock’s price will depend on a variety of factors, including the specific news article, the overall market sentiment, and the company’s financial performance.
Title: How Did the News on 27 May 2023 Impact Medium Cap US Stocks?