The US stock market made a pause to recent record highs and closed lower on Tuesday, January 21, 2020. Small-cap stocks had the biggest losses as Russell 2000 closed with losses over 1.0%. This is the summary for US stock market at close on Tuesday, January 21, 2020:
How stock market closed on Tuesday, January 21, 2020-Financial and business news
S&P 500: 3,320.79, -8.83(-0.27%)
Dow 30: 29,196.04,-152.06(-0.52%)
Russell 2000: 1,685.90,-19.32(-1.13%)
Stocks biggest gainers
Beyond Meat, Inc. (BYND) was among stocks biggest gainers closing at 129.18,+20.06 (+18.38%).
Stocks biggest losers
Arrowhead Pharmaceuticals, Inc. (ARWR) was among stocks biggest losers closing at 47.59,-8.83 (-15.65%).
Stock investing | Stock trading | Most active stocks
Advanced Micro Devices, Inc. (AMD) was among most active stocks closing at 51.05,+0.12 (+0.24%).
U.S. Sectors & Industries Performance
Real Estate was the best performing sector, +1.07%, Energy was the worst performing sector -1.88%.
Notable earnings today
Notable earnings today include Johnson & Johnson (JNJ), JetBlue (JBLU) and Baker Hughes (BKR) before the market open, and Texas Instruments (TXN) after the market close.
Beyond Meat, Inc. (BYND) closed at 76.22+2.56 (+3.48%) on Friday, December 6, 2019.Looking for stocks quotes, stocks to buy, stocks today, stocks news, stock market is interesting because momentum stocks often get crushed as soon reality about the fundamentals returns back and irrational exuberance is history.Looking at the financials of Beyond Meat, Inc there are two major drawabacks. The company is not profitable, with losses over the past three years, negative cash flows provided by operating activities, and negative free cash flows.
Looking for stocks to buy,Beyond Meat, Inc. (BYND) was a very speculative bet as it reached a high of about 240, and now is at 76. Stocks news move prices. Stocks prices can move down when their valuation is just beyong the level of reality and logic.
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