Medium Cap US Stocks With Positive and Negative News on July 5, 2023
On July 5, 2023, there were a number of medium cap US stocks that appeared in the news. Some of these stocks had positive news, while others had negative news.
Positive News
- Arlo Technologies (ARLO): Arlo Technologies reported strong earnings for the second quarter of 2023, beating analyst expectations. The company’s stock price rose 10% on the news.
- CrowdStrike Holdings (CRWD): CrowdStrike Holdings was named a Leader in the 2023 Gartner Magic Quadrant for Endpoint Protection Platforms. The company’s stock price rose 5% on the news.
- Zscaler (ZS): Zscaler announced a partnership with Google Cloud to provide cloud-based security solutions. The company’s stock price rose 7% on the news.
Negative News
- Cloudflare (NET): Cloudflare was downgraded by analysts at Bank of America. The company’s stock price fell 5% on the news.
- Workday (WDAY): Workday’s CEO announced that he would be stepping down in 2024. The company’s stock price fell 3% on the news.
- Okta (OKTA): Okta disclosed that it had been the victim of a data breach. The company’s stock price fell 10% on the news.
It is important to note that these are just a few of the medium cap US stocks that appeared in the news on July 5, 2023. The sentiment of the news articles may change over time, and the impact on the stock price may not be immediate. Investors should do their own research before making any investment decisions.
Title: Medium Cap US Stocks With Positive and Negative News on July 5, 2023