USSTOCK.TODAY
Market Closed
Log in Sign up

Over 25% of S&P 500 components have fallen more than 40% from their highs

The Motley Fool +1 ·

ORCL Oracle Corp
$130.55 -8.83%
View chart & analysis →
NFLX +0.16% NOW +0.99%
  1. 1More than 25% of S&P 500 components have fallen more than 40% from their highs.
  2. 2Oracle recorded a cloud backlog of $664 billion at the end of the second quarter.
  3. 3AppLovin recorded a revenue growth rate of 53% last quarter.

So what's the key point?

More than 25% of major US companies have dropped significantly from their peak prices. Oracle and AppLovin showed high figures for their cloud backlog and revenue growth rate, respectively.

Source The Motley Fool +1 · View original ↗

Related 3-line summaries

Netflix reports 1,000 layoffs; co-CEOs emphasize resource allocation discipline Stocktwits +1 · 1h agoNasdaq plunges on inflation concerns, AI stocks weaken Reuters · 2h ago10-year Treasury yields rise on higher inflation data, leaving stock market mixed Yahoo Finance +3 · 3h ago
Today's 5 AI picks, all free
Nothing hidden: past picks and how they did against the S&P 500.
See today's picks →
← Back to news