How Some Mid Cap Stocks Outshone The S&P 400's Dramatic Drop Last Week (Mar 31-Apr 4)

Benzinga · 04/06 15:30
The S&P400 index, which tracks the top mid-cap stocks, fell 9.1% last week and 4.8% last Friday. However, these mid-cap stocks emerged as winners. Are they in your portfolio?
- Corcept Therapeutics Incorporated (NASDAQ:CORT) shares surged 36.28% after the company disclosed that the ROSELLA Phase 3 trial of relacorilant plus nab-paclitaxel in patients with platinum-resistant ovarian cancer met its primary endpoint of improved progression-free survival, as assessed by blinded independent central review (PFS-BICR).
- Mr. Cooper Group Inc. (NASDAQ:COOP) stock escalated 28.44% after the company announced Rocket Companies Inc. (NYSE:RKT) will acquire it in a $9.4 billion all-stock deal.
- Verra Mobility Corporation (NASDAQ:VRRM) shares rose 10.90%.
- Goodyear Tire & Rubber Company (NASDAQ:GT) stock rose 10.35% after Deutsche Bank upgraded it from Hold to Buy and announced a $13 price forecast.
- Progress Software Corporation (NASDAQ:PRGS) stock upped 9.30% after the company reported better-than-expected first-quarter financial results.
- Lamb Weston Holdings, Inc. (NYSE:LW) stock rose 9.24% after the company reported better-than-expected third-quarter financial results and issued FY25 sales guidance above estimates.
- Celsius Holdings, Inc. (NASDAQ:CELH) stock rose 5.62%.
- Loar Holdings Inc. (NYSE:LOAR) shares increased 5.26% after the company reported quarterly results.
- PVH Corp (NYSE:PVH) shares gained 4.68% last week following strong Q4 financial results and the announcement of plans to enter into a $500 million accelerated share repurchase program.
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Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.