Wall Street is wrapping up a volatile week, but some stocks still did well despite several macro crosscurrents. The S & P 500 is down 1.4% week to date, on pace for its biggest weekly decline since December. The Dow Jones Industrial Average and Nasdaq Composite were also lower for the week. Those losses come as investors became more nervous about the Federal Reserve's monetary policy outlook.
More than 54% of analysts covering the stock have given it a buy rating. However, they believe the stock will fall around 6% from current levels. Pharmaceutical company Catalent was this week's top outperformer, with shares surging 28.5%. The stock soared following after Bloomberg reported that life sciences company Danaher is interested in acquiring the company. Year to date, the stock is up more than 55%.
They’re up because they spread lies about their vaccines.
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