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Trump Media & Technology And Grindr Were Among The 10 Biggest Mid-Cap Stock Gainers Last Week (June 23 -

iconBenzinga

2024-07-01 00:20

Top performers last week: Tempus AI +30%, Enovix Corp +29%, Grindr Inc +27.5%, Trump Media +18.33%, Credo Tech +18.3%, Tecnoglass Inc +17.9%, STAAR Surgical +16.55%, RXO Inc +16.22%, Global-E Online +16.21%, SentinelOne Inc +15.47%.

  These mid-cap stocks were the best performers in the last week. Are they in your portfolio?

    • Tempus AI, Inc. TEM shares jumped 30.43% after the company announced it received U.S. FDA 510(k) clearance for its Tempus ECG-AF device, which uses AI to help identify patients who may be at increased risk of atrial fibrillation/flutter.
    • Enovix Corporation ENVX shares jumped 29.70% after it signed a Memorandum of Understanding (MOU) with Elentec Co, a consumer electronic battery pack manufacturing company in Asia.
    • Grindr Inc.GRND stock escalated 27.50% after the company raised its full-year revenue guidance ahead of its first investor day.
    • Trump Media & Technology Group Corp. DJTWW equity warrant stock gained 18.33% after the company said that it expects to receive over $69.4 million from the cash exercise of warrants on June 20 and 21, 2024.
    • Credo Technology GroupCRDO shares increased 18.30% after TD Cowen upgraded the stock from Hold to Buy and raised its price target from $24 to $35.
    • Tecnoglass Inc.TGLS stock grew 17.90% after the company announced that its Board of Directors is reviewing the companys strategic alternatives. Also, the company reiterated its FY24 guidance.
    • STAAR Surgical CompanySTAA shares are up 16.55%.
    • RXO Inc.EXO shares gained 16.22% last week following the announcement of Coyote Logistics acquisition from UPS.
    • Global-E Online LtdGLBE stock gained 16.21% last week.
    • SentinelOne IncS shares gained 15.47% after DA Davidsonmaintained a Neutral rating on the stock and raised its price forecast from $17 to $18.5.
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