Price drop of Signature Bank, Communication services is the best sector of the day NASDAQ

Report NASDAQ 2024-05-03

Shares with the greatest increase in value today

The price rises of these shares today have been impressive Avalon Acquisition, RISE Education Cayman, SG Blocks, Greenbrook TMS, Arteris.

- The Stock that has risen the most is Avalon Acquisition, increasing its value by 254,17% reaching up to 6,80$ per share. Without a doubt, the protagonist of the day.
- The second value that has increased its price the most today is RISE Education Cayman, increasing its value by 139,86%, and now it is worth 3,43$ per share. This will mark a before and after.
- The third, but not least, corresponds to SG Blocks, with a current price of 5,49$, it has had a strong rise from 87,37%. We will have to follow this action closely.

Today's worst stocks, significant devaluation

The following shares are the ones that have lowered the price of their share the most: Signature Bank, SVB, Mobilehealth Network Solutions, Bellerophon Therapeutics Inc, Oncorus.

- The worst action of the day is Signature Bank, its price has fallen to 0,09$, with a depreciation of -99,87%. Perhaps it is a good time to enter.
- Let's not forget, secondly to SVB, it has gone in free fall with a -99,75% lowering its value to 0,27$. We take into account the volatility of this type of actions.
- In third place is Mobilehealth Network Solutions, sinking to 3,36$, losing value in a -84,78%. You have to have faith and believe in this value.

The sectors that today have risen like foam

The most favored sectors this day have undoubtedly been Materials, First need products, Cyclical consumption, well above the rest.
Thanks to the events that occurred this time ago, we can observe three major increases: Firstly, Materials with an increase in 1,97%, secondly, First need products with an increase in 1,65% and, in third place, Cyclical consumption with a total increase in 1,15%.

Thanks to actions such as Real Good Food, which has risen by 37,32% to reach the value of 0,85$, Koss with a top value of 3,12$, reaching a rise in 31,09% and Clarus surprising with an increase of 18,02% going up to 7,27$ per share, they have given a boost to these categories.

Depreciation of securities of the main sectors

The top 3 worst sectors of the day are Communication services, Energy, Non-cyclical consumption, we know that they are temporary situations, and that they become opportunities.
Today there has been no mercy with Communication services, which has dropped by -1,17% its entire conglomerate, then we have the sector Energy which has also been heavily affected with a drop in -0,10%, and close to them is Non cyclical consumption, which has reached an average drop of 0,00%. Every day we receive information that affects our assets in one way or another.

The stocks in this sector that have suffered the most from the drop in prices have been Troika Media Group, Dmc Global and Appharvest, with decreases in -39,91%, -16,84% and -16,02%.

Number of trades on the stock market today

The most active Stocks today have been Better Therapeutics with 200,55M of operations, Apple with 140,39M of buy-sell options, Jaguar Health with 139,89M of buy / sell movements and Nikola with 103,73M in volume of assets. Everyone has been talking about them, so their volume of purchase and sale has been spectacular.