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First Solar, Axon gained billions in market value, while Carvana, Microchip lost big - Phoenix Business Journal

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Wall Street investors were happy to put 2022 in the rear view mirror with the majority of stocks losing value that year. phoenix arizona

Of the 54 publicly traded companies traded on the Nasdaq or NYSE exchanges based in the Grand Canyon State, 81% saw their market capitalization decrease in 2022, a Business Journal review found.

The market cap values used in this report were compiled by The Business Journals, comparing this statistic from Dec. 31, 2021, to Dec. 31, 2022. The stats were sourced from Bloomberg and company filings with the U.S. Securities and Exchange Commission.

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