Stock Market Gainers & Losers
The Flow of the Stock Market Continues into October 2nd Week
The one thing constant about the stock market is change. Various factors determine the movement of stocks in the market. While features such as zero brokerage trading encourage people to start trading, they need to constantly observe the market to make the right decisions.
US stocks were higher at the close of trading on Friday, October 11, with the Dow Jones Industrial Average (DJIA) up by 1.21%, the Nasdaq Composite index gaining 1.34% and the S&P 500 Index adding 1.09%.
Synthesis Energy Systems Inc ($SES) got a Buy rating on TradingView.com after its 191.67% rise to $5.25. The company has announced its plans for 100% acquisition of Australian Future Energy. Trevi Therapeutics Inc ($TREVI) soared 34.04% to $4.45 and was given a Buy rating. Entera Bio Ltd ($ENTX) was given a Sell rating despite its 31.16% rise to $2.61. Mogu Inc ($MOGU) rose 21.36% to $2.67, but got a Sell rating.
In the S&P 500, Fastenal Co ($FAST) jumped 17.15% to $36.34. Mosaic Co ($MOS) has a 7.14% rise to $20.72. Freeport-McMoRan Inc ($FCX) soared 6.58% to $9.55. Wynn Resorts Ltd ($WYNN) rose 6.34% and touched $112.78.
Auris Medical Holding Ltd ($EARS) was categorized a Strong Sell on TradingView.com following its 15.77% drop to $2.19. Yandex N.V. ($YNDX) dropped 15.66% to $29.99. It was categorized a Strong Sell. Luokung Technology Corp ($LKCO) sunk 15.16% and is a Strong Sell. Electrocore Inc ($ECOR) was categorized a Strong Sell following a 14.46% drop.
In the S&P 500, Edison International ($EIX) slipped 3.85% to $71.33. Newmont Goldcorp Corp ($NEM) had a 3.39% drop to $37.62. Marketaxess Holdings Inc ($MKTX) dropped 3.04% to $348.19 while Church & Dwight Co Inc ($CHD) slipped 2.00% to $74.12.
Starting your stock trading journey is a lot easier now than before as a result of features such as commission free trading. So get started and always watch the markets.
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