DennisFantoni @DennisFantoni: "Weekly performance - Owned Stocks..."

Denmark

Weekly performance - Owned Stocks percentage change Friday close to Friday close. This post contains a list of all the stocks I own over the weekend, ranked by their weekly performance +2.17% MOMO Hello Group Inc. +1.96% VTLE Vital Energy, Inc. +1.61% UNFI United Natural Foods, Inc. +0.86% TITN Titan Machinery Inc. +0.80% ASLE AerSale Corporation +0.60% OPRT Oportun Financial Corporation +0.29% CUBI Customers Bancorp, Inc. +0.28% TBI TrueBlue, Inc. -0.39% SPY (My Benchmark, I don't own this one) SPDR S&P 500 ETF Trust -0.51% IREN Iris Energy Limited -0.56% REI Ring Energy, Inc. -0.65% DennisFantoni My PI Porfolio Performance -1.25% IAG IAMGOLD Corporation -1.39% CARE Carter Bankshares, Inc. -1.59% BTBT Bit Digital, Inc. -1.97% OIS Oil States International, Inc. -2.69% EQX Equinox Gold Corp. -3.18% ALTO Alto Ingredients, Inc. -3.22% MCB Metropolitan Bank Holding Corp. -4.52% LSEA Landsea Homes Corporation -5.39% MPAA Motorcar Parts of America, Inc. -7.26% DADA Dada Nexus Limited This URL will show news for all the stocks I own in my eToro Portfolio finance.yahoo.com/quotes/ALTO,ASLE,BTBT,CARE,CUBI,DADA,EQX,IAG,IREN,LSEA,MCB,MOMO,MPAA,OIS,OPRT,REI,TBI,TITN,UNFI,VTLE/view/v1 Best performing stock this week: $MOMO (Hello Group Inc-ADR) Up by 2.17%, beating the S&P 500's 0.39% drop by 2.56% There was a good writeup on the released earnings here:seekingalpha.com/article/4696199-hello-group-q1-earnings-weak-guidance-priced-in The company reported mixed earnings and the price was both down a lot and up a lot following the earnings release and the conference call Second best performing stock this week: $VTLE (Vital Energy Inc) Up by 1.96%, beating the S&P 500's 0.39% drop by 2.35% a 2% move inside a week is quite normal for a company in oil and gas, so VTLE got to the #2 spot probably just by chance - luck for them that only one other company I own made more Near the beginning of the week, there was news out about a compensation package being approved. Closer to the end of the week, the news was that some debt was being paid off, and some preferred shares was converted/paid off. A simpler capital structure can often be seen as a positive by the market - the simpler the setup - the easier it is to calculate risk, so risk premiums get reduced. www.globenewswire.com/news-release/2024/05/28/2889454/37356/en/Vital-Energy-Announces-Conversion-of-2-0-Cumulative-Mandatorily-Convertible-Series-A-Preferred-Stock.html Worst performing stock this week: $DADA (Dada Nexus Limited) Fell by 7.26%, underperforming the S&P 500's 0.39% drop by 6.87% The only news out of the company that I could find, was the release of their yearly ESG report. It seems like the price traded up following the release, so the loss for the week, which happened May 28th. and 29th. and again May 31th. must be because of something else than the report. www.globenewswire.com/news-release/2024/05/30/2890569/0/en/Dada-Publishes-2023-ESG-Report.html Second worst performing stock this week: $MPAA (Motorcar Parts of America Inc) Fell by 5.39%, underperforming the S&P 500's 0.39% drop by 5.00% There has been no news that I could find, so the underperformance cannot be easily explained. Check out my other weekly list Popular investor rankings - most copied popular investor rankings and how I did in comparison: Click my profile and scroll down! This link explains the mechanics behind the lists: www.etoro.com/posts/0__entry__0f982504-6cdd-49a9-9be1-2ae8dacd3726 If You found this post interesting, please consider adding me to Your watchlist Best Regards, Dennis Fantoni www.etoro.com/people/dennisfantoni