Price drop of Signature Bank, Unexpected crash for Communication services NASDAQ

Report NASDAQ 2024-04-11

Stocks flying to today's highs

The values that have increased their value the most today are Rent the Runway, RISE Education Cayman, Rallybio, Monogram Orthopaedics, Lixiang Education.

- The Stock that has made the difference with its rise is Rent the Runway, it has an increase of 161,21% reaching a value of 19,33$ per share. Great result for this company.
- The second Stock to close in the top 3 is RISE Education Cayman, its value rises by 139,86%, and now we can buy its shares for 3,43$. We are always monitoring this Stock.
- We have Rallybio in the third position in today's ranking of best stocks, with a price that reaches 2,99$, with a rise of 83,44%. Impressive revaluation.

What stocks have dropped the most today?

The worst stocks of the day are Signature Bank, SVB, Bellerophon Therapeutics Inc, Aptevo Therapeutics, Oncorus. Their prices plummet.

- The action most affected by the drop in prices has been Signature Bank, which has had an impact on the price: 0,09$, falling by -99,87%. We will have to see future reports to study the situation of the Stock.
- The second worst action is SVB, its fall has been brutal, reaching a -99,75% reaching the price of 0,27$. We will have to be careful with this action in the future.
- The third is Bellerophon Therapeutics Inc, which goes down to 0,10$, decreasing in percentage terms until -73,80%. We shouldn't be alarmist, but the result is dire.

What have been the sectors that have risen the most today?

The most leading sectors or industries of the day, with more important increases are Discretionary consumption, Services, Materials, an opportunity to invest.
If you want to know what the most notable climbs of this day have been, we will tell you. The strongest climb corresponds to Discretionary consumption who has achieved one more 6,55%. In second position we have Services with his general increase of 1,08%. Finally, the third position is for Materials with an increase of 0,78%.

Thanks to actions like Rent the Runway, which has risen by 161,21% until reaching the value of 19,33$, RISE Education Cayman with a top value of 3,43$, reaching a rise in 139,86% and Rallybio surprising with an increase of 83,44% going up to 2,99$ per share, they have given a boost to these categories.

The 3 sectors most affected by the drop in prices today

The sectors that have suffered the most from the stock market crash today are Communication services, Real estate, First need products, let's learn to diversify our investments.
In addition to the rises, it is also important to be aware of the greatest decreases in assets. In today's case we have Communication services that has lost a -3,10%, then we find Real estate going down a total of -1,62% and, finally, First need products with a -1,41% drop.

The stocks most affected by this drop in the sector have been Troika Media Group, Smart for Life and Mediaco Holding, with a decrease in -39,91%, -12,64% and -12,23% respectively.

Stocks most traded today

The most active Shares today have been Nikola with 287,87M of buy / sell movements, Better Therapeutics with 200,55M in volume of assets, Tesla with 90,98M of operations and VERB TECH with 83,35M of call and put options. Large trading volumes will indicate abrupt rises and falls in these shares.