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Stock impact report

Earnings help Enovix to top industrial gainer, while dragging down CAE [Seeking Alpha]

Enovix Corporation (ENVX) 
Company Research Source: Seeking Alpha
Earnings help Enovix to top industrial gainer, while dragging down CAEAug. 13, 2022 12:35 PM ETEnovix Corporation (ENVX)CAE:CASPYXLIRKLBBELZNLSNNKLATREXUPWKBWXTBy:RavikashSA News EditorMF3d/E+ via Getty ImagesEarnings was the major theme this week with Enovix taking the top spot among gainers and CAE slumping to be the worst decliner.For the week ending Aug. 13, all 11 sectors in the S&P 500 were inthe green with the SPDR S&P 500 Trust ETF () rising (+3.30%), making gains for four weeks in a row. However, YTD, the ETF is-10.08%. The Industrial Select Sector SPDR () also rose for the fourth week straight (+3.87%). YTD, XLI is-5.64%The top five gainers in the industrial sector (stocks with a market cap of over $2B) all gained more than+19%Enovix (NASDAQ:+57.88%+30.84%resultsestimatesBuycontractThe SA Quant Rating on the shares isHoldStrong Buy-16.61%Rocket Lab USA (+32.96%top picksrevenueThe average Wall Street Analysts' Rating concurs, with aStrong Sell-42.18%The chart below shows YTDp Show less Read more
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