A wave of momentum swept through large-cap stocks this week, driving standout gains across multiple sectors.
From short squeezes to breakthrough developments, several names captured strong investor attention.
These ten large-cap stocks were top performers last week. Are they a part of your portfolio?
Avis Budget Group, Inc. (NASDAQ:CAR) jumped 71.48% last week. A massive short squeeze is the primary driver behind the sudden upward price action.
IonQ, Inc. (NYSE:IONQ) increased 62.86% this week after the company was awarded a contract in the Defense Advanced Research Projects Agency Heterogeneous Architectures for Quantum program.
Revolution Medicines, Inc. (NASDAQ:RVMD) rose 12.42% this week after the company announced results for its Phase 3 RASolute 302 clinical trial evaluating daraxonrasib. Also, all PFS and OS endpoint results are considered final.
Credo Technology Group Holding Ltd (NASDAQ:CRDO) jumped 29.75% this week, after multiple analysts raised their price forecast on the stock.
Oklo Inc. (NYSE:OKLO) rose 33.35% this week as investors leaned into the space-and-defense nuclear power narrative after the CEO framed nuclear reactors as essential infrastructure for future missions.
Affirm Holdings, Inc. (NASDAQ:AFRM) increased 28.12% this week.
Robinhood Markets, Inc. (NASDAQ:HOOD) soared 33.22% this week , fueled by a bullish analyst outlook from Bernstein and a broader rebound in the cryptocurrency market.
Tempus AI, Inc. (NASDAQ:TEM) spiked 31.34% this week after the company announced a commercial expansion with Predicta Biosciences of a co-branded whole-genome sequencing assay intended for the comprehensive genomic characterization of hematologic malignancies and measurable residual disease monitoring.
Strategy Inc (NASDAQ:MSTR) gained 31.86% this week.
Summit Therapeutics Inc. (NASDAQ:SMMT) increased 28.32% this week.
Image via Shutterstock
Recent Comments