3 stocks with the biggest gains took April's biggest losses [Yahoo! Finance Canada]
Meta Platforms, Inc. - Class A (META)
Company Research
Source: Yahoo! Finance Canada
What we're watching What we're reading Economic data releases and earnings Stocks tumbled into the close on Tuesday, a fitting end to the year's most challenging month for investors. For the month, the S&P 500 ( ^GSPC ) lost 4% while the Dow ( ^DJI ) lost 4.5%, marking its worst month since September 2022. And much of this reversal was driven by the winners who got us here in the first place. The three US stocks with the biggest market cap gains in the first three months of the year — Nvidia ( NVDA ), Microsoft ( MSFT ), and Meta ( META ) — suffered the biggest losses to their market caps in April. ADVERTISEMENT Nvidia was up a cool $1 trillion in market cap as of the final trading day of March, of which it gave up over $85 billion in April — the third-biggest such loss in the S&P 500. Microsoft, the first quarter's silver medalist, added over $330 billion. But it subsequently lost over $210 billion in April. Then there's Meta Platforms, which turned in a similar
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News
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- Mr. Lube Recognized as a Platinum Club Member of Canada's Best Managed Companies [Financial Post (Toronto, Ontario, Canada)]Financial Post
- Microsoft's AI Push Imperils Climate Goal as Carbon Emissions Jump 30% [Financial Post (Toronto, Ontario, Canada)]Financial Post
META
Earnings
- 2/1/24 - Beat
META
Sec Filings
- 5/14/24 - Form PX14A6G
- 5/9/24 - Form 4
- 5/7/24 - Form 4
- META's page on the SEC website