BIG MONEY POLL: BUY BONDS • PAGE 25

VOL. CIII NO. 17 APRIL 24, 2023 $5.00

>
63142
C O NT EN TS 04.24.23 VOL.CIII NO.17

P. 18 P. 14 P. 31

Placing Bets on the Economy: Two Worlds

Future of the Car Barry Diller Takes On ChatGPT on a Collision Path
Cover Story: Chip makers such as Looking to avoid a repeat of the fiasco over free internet content, IAC’s chairman is Bonds and stocks are sending
Qualcomm, Nvidia, and Micron rallying support from other media executives to ensure that industry players get paid for divergent signals. Which is correct?
are among the potential winners intellectual property used by generative-AI platforms. By ANDY SERWER By RANDALL W. FORSYTH
as vehicle cockpits go all-digital.
By ERIC J. SAVITZ P. 35

P. 21
Trader: Maybe the
Optimists Are Right
A Little Insurance Earnings suggest that the economy
Could Go a Long Way might be stronger than many think.
Auto makers are looking to parlay By JACOB SONENSHINE
driver data into a slice of the
lucrative car-insurance market. P. 38
By AL ROOT
International: India
P. 23 Is at a Crossroads
Investors need to balance the
Innovation Is Driving attractions of high growth with the
Detroit’s Comeback uncertainties of authoritarianism.
Here’s where modern technology By CRAIG MELLOW
meets manufacturing know-how.
By AL ROOT P. 39

Striking Price: Calm

P. 16 Before the Storm
Earnings season has become an
TJX Stock Beckons unusually high-stakes debate over
Bargain Hunters what happens next in the economy.
The owner of T.J. Maxx can buck a By STEVEN M. SEARS
slowdown in consumer spending.
By TERESA RIVAS P. 62

P. 17
The Real Reason Rate
Hikes Are Disruptive
Bank of America’s $99 Other Voices: Markets don’t
Billion Bond Problem respond well to policy surprises.
BofA says it’s only a loss on paper. BIG MONEY POLL: BUY BONDS • PAGE 25
By J.W. MASON
By ANDREW BARY P. 7 P. 29

Up & Down Wall Street: Funds: An Alternative

VOL. CIII NO. 17 APRIL 24, 2023 $5.00

P. 25
Spring Break for Stocks to Dividend Income Barron’s Roundtable
Big Money Poll: The There are reasons to stay sidelined. The pros and cons of ETFs that on Fox Business
Bulls Are Cowed >
By BEN LEVISOHN use options to enhance income. Watch our weekly TV show
63142

Only a third of the professional By ANDREW BARY Saturday or Sunday at 10 a.m. or

investors we surveyed say they’re
optimistic about stocks over the
next 12 months. They explain why.
By NICHOLAS JASINSKI
Cover illustration by P. 11 11:30 a.m. ET. This week,
Rune Fisker
P. 30 Morgan Stanley’s Lisa Shalett on
Streetwise: A Travel why the market is entering a
© 2023 Dow Jones & Company, Deal Worth Exploring Tech Trader: How to dangerous phase. Plus, a look at
Inc. All Rights Reserved.

Our newspapers are 100% sourced

By JACK HOUGH View Netflix Stock Now the controversy over Bud Light,
P. 32 from sustainable certified mills. By ERIC J. SAVITZ and insights on what to expect

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The Odds of Recession
Are About 50/50
Q&A: Claudia Sahm makes the
P. 17 from Big Tech earnings.
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4 BARRON’S
I N D EX
Our index lists significant companies mentioned in stories and columns,
plus Research Reports, and Corrections & Amplifications. The references
are to the first page of the item in which the company is mentioned.
A Abbott Laboratories . . . . . . . . . . . . . . . . . . . . . . 7,41
AbbVie . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Agilysys . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44
Airbnb . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Alphabet . . . . . . . . . . . . . . . . . . . . . . . . 12,13,14,24,29
Alta Equipment Group . . . . . . . . . . . . . . . . . . . . . 40
Amazon.com . . . . . . . . . . . . . . . . . . . . . . . . . . 13,28,38
American Tower . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Apple . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 24
Apple . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,29,38
AT&T . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,41,44
B Bank of America . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Bed Bath & Beyond . . . . . . . . . . . . . . . . . . . . . . . 12
Berkshire Hathaway . . . . . . . . . . . . . . . . . . . . 17,22
Booking Holdings . . . . . . . . . . . . . . . . . . . . . . . . . . 11
Brookfield Infrastructure . . . . . . . . . . . . . . . . . . 12
Brown & Brown . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Burlington Stores . . . . . . . . . . . . . . . . . . . . . . . . . . 16
C Cadence Design Systems . . . . . . . . . . . . . . . . . . 13
Caterpillar . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,36
Charles Schwab . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Chevron . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Citigroup . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 44
D Danaher . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Delta Air Lines . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40
Dentsply Sirona . . . . . . . . . . . . . . . . . . . . . . . . . . . 44
Dow . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
E Eagle Bancorp . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41
Eaton Vance Tax-Mngd Global Div Eq In . . 29
EQT . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Estee Lauder . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 37
Expedia Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 11
F First Republic Bank . . . . . . . . . . . . . . . . . . . . . . . 13
Ford Motor . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 21,23
Fox . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
G General Motors . . . . . . . . . . . . . . . . . . . . . . 19,21,23
Goldman Sachs Group . . . . . . . . . . . . . . . . . . . . . 40
H Hershey . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,29
I Intel . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,44
Intuitive Surgical . . . . . . . . . . . . . . . . . . . . . . . . . . 41
iShares MSCI China . . . . . . . . . . . . . . . . . . . . . . . 13
J Johnson & Johnson . . . . . . . . . . . . . . . . . . . . . . . . 29
JPMorgan Chase . . . . . . . . . . . . . . . . . . . . . . . . . . 17
April 24, 2023
For Customer Service, call 1 (800) 544-0422, or go to
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K Kimberly-Clark . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Match Group . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 15 N Netflix . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,28,30
McDonald's . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Newmont . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Kinder Morgan . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12 Merck . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12,13,29 NextEra Energy . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Meta Platforms . . . . . . . . . . . . . . . . . . . . . . . . . . . . 38 Nokia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41
Micron Technology . . . . . . . . . . . . . . . . . . . . . . . . 36 Nvidia . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 19,36
L Lam Research . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41 Microsoft . . . . . . . . . . . . . . . . . . . . . . . . . . 11,12,27,29
Moody's . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
Morgan Stanley . . . . . . . . . . . . . . . . . . . . . . . . . 12,40
M Mastercard . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29 MSCI . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 P Philip Morris International . . . . . . . . . . . . . . . . 37
Progressive . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 29
Prometheus Biosciences . . . . . . . . . . . . . . . . . . . . 12
Purple Innovation . . . . . . . . . . . . . . . . . . . . . . . . . . 40
R Raytheon Technologies . . . . . . . . . . . . . . . . . . . . 13
Ross Stores . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
Rovio Entertainment . . . . . . . . . . . . . . . . . . . . . . 12
Rupert Murdoch Executive Chairman, News Corp
Robert Thomson CEO, News Corp Almar Latour CEO, Dow Jones
SENIOR VICE PRESIDENT, BARRON’S GROUP Mae M. Cheng
S S&P Global . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
ASSOCIATE PUBLISHER, BARRON’S GROUP Dan Shar Samsung Electronics . . . . . . . . . . . . . . . . . . . . 12,44
MANAGING EDITOR, BARRON’S GROUP Dave Pettit Sega Sammy Holdings . . . . . . . . . . . . . . . . . . . . . 12
SL Green Realty . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
Snap-On . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
EDITOR IN CHIEF David Cho SOM . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7
EXECUTIVE EDITOR Bob Rose SENIOR MANAGING EDITOR Lauren R. Rublin State Street . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
Stellantis . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 23
Alex Eule, Ben Levisohn
DEPUTY EDITORS
EDITORIAL DIRECTOR, MAGAZINE Phil Roosevelt
MANAGING EDITORS Kristen Bellstrom, Matt Bemer, Daren Fonda, Joe Woelfel
T Taiwan Semiconductor Manufacturing . . . . . . 44
ASSISTANT MANAGING EDITORS Henry Cutter, Mel Gray, Anita Hamilton, Mary Romano, Tesla . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7,12,21,41
Robert Sabat, Rupert Steiner (London bureau chief) 3M . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13
TJX Cos. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 16
ASSOCIATE EDITORS Andrew Bary, Randall W. Forsyth, Jack Hough, Reshma Kapadia, Eric J. Savitz Triton International . . . . . . . . . . . . . . . . . . . . . . . . 12
SENIOR WRITERS Bill Alpert, Megan Cassella, Lauren Foster, Nicholas Jasinski, Tae Kim, Joe Light,
Elizabeth O’Brien, Al Root, Avi Salzman, Lawrence C. Strauss
REPORTERS Jacob Adelman, Janet H. Cho, Adam Clark, Emily Dattilo, Jack Denton, Catherine Dunn, U United Airlines Holdings . . . . . . . . . . . . . . . . 11,41
UnitedHealth Group . . . . . . . . . . . . . . . . . . . . . . . 29
Carleton English, Sabrina Escobar, Callum Keown, Evie Liu, Shaina Mishkin, Josh Nathan-Kazis,
Angela Palumbo, Teresa Rivas, Connor Smith, Jacob Sonenshine, Brian Swint, Karishma Vanjani
STORY EDITORS Ed Lin, Erin McCarthy, Patrick O’Donnell, Stacy Ozol, Neal Templin, J.J. Thompson
V VEON . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 40
COPY DESK Michael J. Burlingham, Richard Rescigno, Robert Teitelman Visa . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13,29
IDEAS EDITOR Matt Peterson Voya Global Equity Div & Prem Oppt’y . . . . 29
DEPUTY DIGITAL MANAGING EDITOR Zoe Szathmary
SENIOR AUDIO MANAGER Mette Lützhøft DIGITAL PRODUCERS Robert Cushing, Nick Devor, Clare McKeen
W Western Alliance Bancorp. . . . . . . . . . . . . . . . . . . 7
Chelsea Schiff
DESIGN DIRECTOR Whirlpool . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 12
ART DIRECTORS Lynne Carty, Nick Hallam, Sue Ng
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RESEARCH DIRECTOR Pauline Yuelys RESEARCHER Dan Lam X XPO . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 41
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 April 24, 2023
UP & D OWN WALL STREET
Stocks Are Just a Little
Too Calm. Are You
Ready for a Shake-up?
W
hen you
come to a
fork in the
road, take it,
Yogi Berra
once
quipped.
The stock market has other ideas.
After rallying 7% to start the year,
the S&P 500 index can’t decide what
to do. Instead, it fell a mere 0.1% this
past week, a move small enough that
you could have gone on vacation and
returned a week later to find that not
much had changed, not really.
But one week’s move doesn’t really
do justice to how quiet April has
been. Three weeks into the month,
the S&P 500 has risen just 0.6%,
which, if the trend holds, would be
its smallest monthly change since
May 2022 and only the fourth time in
the past five years that the index
moved less than 1% in either direc-
tion in a month.
What’s more, the Nasdaq 100 has
had a range of just 2.9 percentage
points so far in April, which would
be just the sixth time since 1986 that
the index has been in a range of less
than three percentage points.
“We think it speaks to the uncer-
tainty across the market,” writes Miz-
uho Securities’ Daniel O’Regan.
And there is a lot of uncertainty.
There’s uncertainty about when the
Federal Reserve might stop raising
Victor J. Blue/Bloomberg
interest rates and start cutting.
There’s uncertainty about the debt
ceiling and when it will be raised.
There’s uncertainty about whether
the economy is headed for a recession
or not. Most of these are binary bets,
BARRON’S
a choice between something good and
something bad, making it difficult to
play the outcomes with any nuance.
Perhaps that’s enough to make every-
one sit on their hands until some of
the uncertainty is resolved.
Of course, the market’s hesitation
might just be an artifact of earnings
season. Not that the season has been
BY BEN bad—it has actually been the best start
LEVISOHN to one since the first quarter of 2022,
according to Credit Suisse. Instead,
stocks are responding almost entirely
to company-specific news, causing
some to jump, others to tumble, and
for their moves to ultimately cancel out
one another. For every AT&T (ticker:
T) or Tesla (TSLA), which tumbled
AT&T shares tumbled 10% Thursday on disappointing disclosures in its first-quarter earnings report.
After two weak years, the concern is that the
S&P 500 will continue to return nothing—or next
to nothing—over the next five, 10, or 15 years.
10% and 9.8%, respectively, this past
Thursday following their releases,
there was a company such as Snap-
On (SNA) or Abbott Laboratories
(ABT)—which popped 8% and 7.8%
after reporting this past week—to off-
set it. Sometimes it really is a market of
stocks rather than just a stock market.
The calm has been reflected in the
market’s actual swings—realized vol-
atility over the past 30 days has been
just 9.4%—and in investor expecta-
tions of future ones, with the Cboe
Volatility Index, or VIX, hitting 16.46
this past week, its lowest reading
since 2021. The low level of implied
volatility suggests that investors don’t
see much need to buy protection
against a stock market decline, some-
thing they could come to regret.
“Neither reading in themselves
gives cause for alarm, but it is fair to
say that recent market behavior sug-
gests that few market participants are
well-positioned if another bout of vol-
atility were to break upon us unex-
pectedly,” writes Michael Shaoul, CEO
of Marketfield Asset Management.
That calm could end sooner, rather
than later. For one, the VVIX Index—
basically, the VIX of the VIX—has
stopped falling, even though the VIX
itself is trading near its lowest level in
7
17 months. And the VIX has fallen
for five straight weeks, dropping 34%
over that period. There have been 10
such declines since the March 2020
lows, and a spike in volatility usually
followed, observes CappThesis
founder Frank Cappelleri. “One
doesn’t need to be a vol trader for this
to matter, of course,” he writes. “A
bounce in the VIX most likely would
coincide with a decline in equities.”
What the market does on any day,
week, or month doesn’t really matter
all that much. Most of us, most of the
time, are thinking longer than that.
And that’s where this nothing market
starts to get concerning.
The S&P 500 has fallen 1% over
the past two years, a period that be-
gan around when inflation rose above
3% for the first time since 2011, ob-
serves Deutsche Bank’s Jim Reid.
And the concern has to be that the
index will continue to return noth-
ing—or next to nothing—over the
next five, 10, or 15 years.
It’s a “real doom-and-gloom sce-
nario,” Reid writes.
It’s one that has happened before,
beginning in the late 1960s when
inflation, which had been thought to
be dead, proved to be very much
alive. It was also devastating for in-
vestors. During the second half of
1982, the S&P 500 was at roughly the
same level in price terms as it was at
the end of 1968, Reid writes, while
investors would have lost 27% over
that stretch, including dividends and
adjusting for inflation.
“So we’ve had two years of the
S&P 500 going nowhere but poor
real returns,” Reid writes. “Could the
S&P 500 still be at around 4150 in
2035? It’s unlikely, but there’s a his-
torical precedent from a period not
too dissimilar to today.”
Stick a fork in it.
W
hat happens when an
unflappable stock mar-
ket meets an intractable
Congress? With the
debt ceiling’s X-date fast approaching
and a disappointing tax season in the
books, we may get the answer sooner
than expected.
At first glance, it looks as if prog-
8 BARRON’S
Up & Down Wall Street (continued)
ress is being made on the debt ceiling.
This past week, House Speaker Kevin
Think Beyond McCarthy (R., Calif.) went, with much
fanfare, to the New York Stock Exchange
to reveal the Limit, Save, Grow Act of
2023. The plan would raise the borrowing
limit by $1.5 trillion in exchange for limit-
ing future spending growth, putting work
Ordinary requirements on Medicaid, and removing
the funds allotted to the Internal Revenue
Service and the clean energy tax credits
that were part of the Inflation Reduction
Act, among other provisions.
McCarthy wants to get the bill passed
Tech Funds by April 28, and is acting as if he has the
Republican votes to do that. Still, there’s
enough dissent that it isn’t a foregone
conclusion. South Carolina Rep. Nancy
Mace has said she’s “leaning no,” while
New York Rep. George Santos has indi-
cated that he might vote against it. Other
Republicans are also said to be on the
fence, which is bad news for McCarthy,
who can only lose four votes and still get
Robotics & Artificial the plan passed.
And then comes the hard part. If the
Intelligence ETF act gets out of the House, it will then go to
the Senate, which is controlled by the
BOTZ Democrats. There is no chance that it will
accept McCarthy’s plan, and what gets
returned to the House is likely to remove
many of the Republicans’ most partisan
asks, complicating things even more.
“The moment of maximum peril will
come when the Senate does send its debt
ceiling bill to the House,” writes Capital
Alpha’s James Lucier. “Though we are
agnostic on the content, we are sure that it
1 (888) 493-8631
will be less than the House Republicans
GLOBALXETFS.COM want, and it will include some elements
that they don’t like.”
If a compromise isn’t reached, then the
Treasury Department, which is using
® “extraordinary measures” to avoid going
Beyond Ordinary ETFs over the limit, will have to resort to even
more extreme measures—like shutting
Investing involves risk, including possible loss of principal. The Fund down the government to avoid having to
invests in companies engaged in Information Technology, which can be meet payrolls or closing the national
affected by rapid product obsolescence and intense industry competition. parks—before the U.S. is forced to default
BOTZ is non-diversified. on its debt. That has the potential to up-
end the financial system, raise the cost of
Carefully consider the Fund’s investment objectives, risk factors, charges borrowing for the nation, and damage the
and expenses before investing. This and additional information can be economy.
found in the Fund’s full or summary prospectus, which are available at Estimates for when the Treasury will
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as mid-June to as late as September, but
Shares of ETFs are bought and sold at market price (not NAV) right now, it’s looking closer to the former
and are not individually redeemed from the Fund. Brokerage than the latter. Blame tax season.
commissions will reduce returns. Distributed by SEI Investments For those doing the math, tax day was
Distribution Co. always going to be a big deal because it
brings an influx of cash into the Trea-
sury’s coffers, giving the department
April 24, 2023
more money to make ends meet. The
money is still coming in, and if enough
does, the U.S. could make it to mid-June,
when more tax receipts are due.
After examining Treasury data, Gold-
man Sachs economist Alec Phillips esti-
mates that, if receipts were 30% lower
than in 2022, the X-date would be hit in
late July. But if they decline 35% or more,
the Treasury could run out of money in
early June. In an April 19 report, he esti-
mated that receipts were down about 31%
from the level a year earlier.
Either way, the X-date—and all the
chaos it could bring with it—looks closer
than many had realized. “A U.S. default
has suddenly gone from a distant threat
to an imminent crisis, thanks to disap-
pointing receipt data released by the
Treasury Department this week,” writes
Greg Valliere, the chief U.S. policy strate-
gist at AGF Investments.
The stock market might not be bothered
by the debt-ceiling shenanigans, but that
doesn’t mean financial markets are ignor-
ing the potential problem. The yield on the
four-week Treasury, which matures before
the X-date is expected to be hit, slid from
4.6% at the end of March to 3.68% on
April 19, while the yield on the three-
month Treasury has risen from 4.68% to
5.01%, as investors sell the bills inside the
possible default zone and buy those out-
side it. “Neither one of these moves are
material at the moment, but they are a sign
that the debt ceiling is coming into the
market’s view, and if past is prologue that
will inject some substantial short-term
volatility into the markets,” writes the Sev-
ens Report’s Tom Essaye.
Of course, it might not come to that.
Capital Alpha’s Lucier gives McCarthy’s
plan a greater than 50% chance of pass-
ing by April 28, given that Mace typically
ends up voting with the party and that
Santos is, well, Santos. “The prospects of
increasing the debt limit to avoid a default
on U.S. debt are improving,” he explains.
“The process is also speeding up, for now
at least.”
And if the race does end in a wreck, at
least investors will get a chance to buy
stocks on the cheap. “Brinkmanship isn’t
good for the market, but may present op-
portunities if things get carried away
enough to move people to the sidelines,”
writes Louis Navellier of Navellier & As-
sociates.
If nothing else, it would shake the stock
market out of its doldrums. B
email: ben.levisohn@barrons.com
April 24, 2023 BARRON’S 9

© 2022 Dow Jones & Company, Inc. All rights reserved. 4E5405
10 BARRON’S April 24, 2023

Charting a Course for Crypto

Tuesday, April 25 | 12PM ET

FEATURED SPEAKERS

Sean Farrell Marion Laboure

Fundstrat Global Advisors Deutsche Bank

Morgan McKenney Eswar Prasad

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April 24, 2023
ST R E E T W I S E
It Isn’t Exactly Airbnb,
But This Rental Site
Makes Expedia a Buy
T
here’s an Airbnb
competitor called
Vrbo. The fact that
you might not have
heard of it gives you
an idea of its stand-
ing in the rent-a-
stranger’s-house market. But it’s grow-
ing nicely, and it’s free—not the service,
but rather the whole business. That’s
according to one recent analysis of
Vrbo parent Expedia Group, whose
stock price has fallen by nearly half
over the past year.
The same analysis predicts more
than 50% upside for Expedia stock
(ticker: EXPE) in the near term, of
which I’m 25% confident. Somewhat
less theoretically, it points out that the
company is likely to generate enough
free cash over the next seven or eight
years to buy 90% of its shares out-
standing.
Expedia didn’t invent online travel
booking. Credit goes to forgotten ven-
tures like TravelWeb.com in 1994 for
hotels, and Internet Travel Network in
1995 for flights. Microsoft (MSFT)
big-footed its way into the business in
1996 with what it had been calling Mi-
crosoft Travel, but the name Expedia, a
mash-up of exploration and speed,
seemed peppier. Plus, the internet do-
main name was available for $9.99.
Then the internet killed travel
agencies. There are technically still
travel advisers, but those are mostly
for rich people taking fancy trips. For
younger readers, there used to be a
vast ecosystem of flight and hotel
bookers used by ordinary people tak-
ing routine trips. They had offices at
malls, with brochures and posters of
BARRON’S
sunny places. They used phones.
Some of the phones had cords.
Anyhow, Expedia. Microsoft listed it
in a 1999 stock offering. Barry Diller,
then a television tycoon aspiring to
become an internet tycoon, scooped it
up on behalf of what is today his
spinoff hatchery, IAC (IAC). (See page
14 for more on Diller.) It bundled the
BY JACK business with Tripadvisor and other
HOUGH travel pursuits and resold it to the pub-
lic as Expedia in 2005.
The company has done many deals
since, including a 2015 purchase of
HomeAway and its VRBO.com unit,
which stands for vacation rentals by
owner, or maybe it just used to stand
for that. Expedia now wants the for-
mer HomeAway and VRBO to be
called Vrbo, and if my knowledge of
marketing and capitalization changes
serves, the rebranding qualifies as a
post-acronym internet name altered
stylistically, or PAINAS.
Expedia makes three-quarters of its
money from lodging, which suffered a
deep Covid-19 downturn. Home rent-
als bounced back quickly, as remote
workers splurged on comfy surround-
BARRONS.COM/PODCASTS
Barron’s Streetwise
In a weekly podcast by Barron’s, columnist Jack Hough looks
at the companies, people, and trends you should be watching.
This is Wall Street like you’ve never heard before. Subscribe
to Barron’s Streetwise on Spotify, Apple Podcasts,
or your favorite listening app.
Don’t overlook the ability of a clever points pro-
gram to make even the most math-minded among
us feel like they’re getting a good deal.
ings. Hotels are now recovering, too.
Last year, Expedia’s revenue rose 36%
to $11.7 billion. That includes an esti-
mated $2.9 billion for Vrbo, up 34%.
Airbnb (ABNB), for comparison, had
revenue of $8.4 billion, up 40%.
Compared with Vrbo, Airbnb has a
larger selection of homes, and accord-
ing to a review at Nerdwallet, a
sleeker website, although Vrbo gets
points for search functionality. One
difference between the two is that
Vrbo focuses on entire homes,
whereas Airbnb also offers rooms
within homes and boutique hotel
rooms. Some Vrbo bookings happen
instantly. Others give homeowners 24
hours to decide whether to accept
applicants.
For me, no thanks. I don’t want to
risk something so valuable as a vaca-
tion on a single homeowner not being a
weirdo. Give me something dependable
and incorporated with the company
logo on the soap. But then, in my
young 20s I happily slept in scores of
$4-a-night backpacker hotels in far-
away countries, the best of which came
with a mosquito net and a hard-boiled
egg for breakfast. Tastes change.
Today’s typical bookers of vacation
homes and rooms are young and seek-
ing good deals, or else unique or out-
of-the-way stays. Hotels are still a
much larger business. Alternative
accommodations, as the industry calls
Airbnb-type stuff, hold a market share
percentage in the teens, and rising,
says BofA analyst Justin Post.
Expedia stock has stunk, falling
49% over the past year, versus a 28%
drop for Airbnb, and a 19% rise for
Booking Holdings (BKNG), which
handles both hotel stays and alterna-
11
tive accommodations. That’s not quite
as dire as it sounds for Expedia. Its
shares had an early pandemic plunge,
followed by a breathless run-up, so
part of the recent decline reflects a
return from stretched levels. Part is
also Expedia’s lower exposure to alter-
native accommodations than its peers.
And part is that larger Booking, which
has been aggressive on marketing, has
been taking market share.
Last year, Booking grew revenue by
56% to $17.1 billion and generated $6.2
billion in free cash. Expedia’s free cash
flow was $2.8 billion. Post is bullish
on Expedia and neutral-weighted on
the others, largely because of valua-
tion. Expedia trades at six times this
year’s projected free cash flow, versus
20.5 times for Airbnb and 16.5 times
for Booking.
If you apply Airbnb’s valuation to
Vrbo’s revenue and bookings, and
then lop off 33% for the handicap of its
smaller scale, you get a value for Vrbo
of $16 billion, Post calculates. But Ex-
pedia, including Vrbo, recently traded
at a $14.4 billion value.
I
f we’re headed for a broad travel
downturn, there isn’t much sign of
it yet. United Airlines Holdings
(UAL) recently gave an upbeat
view. Cruise lines are booking 14%
above prepandemic levels, with better
pricing, according to Melius Research.
Meanwhile, online travel bookers don’t
hold as much power as they once did
now that big hotel chains have learned
how to handle online operations for
themselves, while using rewards to
lure direct bookers.
Expedia has consolidated its vari-
ous travel platforms to reduce costs
and improve service, and it has plans
to roll out a unified rewards service
across hotels and alternative accom-
modations. Don’t overlook the ability
of a clever points program to make
even the most math-minded among us
feel like they’re getting a good deal. I
scored a free Big Mac this past week
on the McDonald’s app, and it was
almost as satisfying as a dividend.
Expedia is slated to report first-
quarter financial results on May 4. B
email: jack.hough@barrons.com
12
R E VIEW
AN ESSENTIAL FUEL?
A Natural-Gas
Ban—Delayed $200 B
It may be a while before gas stoves go the way of the coal
furnace. The Court of Appeals for the 9th Circuit ruled
this past week that Berkeley, Calif.’s 2020 ordinance
banning natural-gas pipes in new buildings—the first of
its kind in the U.S.—violated federal energy regulations.
The suit was brought by a state restaurant association.
Natural-gas stoves have been tied to a higher risk of
respiratory illnesses; one study linked them to 12.7% of
U.S. childhood asthma cases. Earlier this year, a top prod-
uct-safety official floated the idea of banning new gas
stoves, but backtracked amid pressure from some mem-
bers of Congress. The Inflation Reduction Act offers sub-
sidies to buy electric stoves, depending on income.
Berkeley is one of more than 70 cities and states that
have enacted some sort of natural-gas ban or restriction,
generally targeting new construction. Amy Turner, who
leads Columbia Law School’s Cities Climate Law Initia-
tive, wrote after the ruling that it isn’t clear that the rul-
ing’s logic affects other bans. “The 9th Circuit’s reasoning
does not automatically apply to state or local governments
in other areas of the country, and there are reasons to
argue that [its] reading…is overbroad.”
The ruling buys time for natural gas, which proponents
say is a key bridge to move from fossil fuels to renewables.
Natural gas has already helped cut U.S. carbon emissions
by replacing coal in electricity generation. Court rulings in
the industry’s favor help gas producers such as EQT and
pipeline companies such as Kinder Morgan. Appliance
makers such as Whirlpool could also benefit, though
most also make electric versions. — Avi Salzman
BARRON’S
33,808.96
Dow Industrials: - 77.51
THE NUMBERS
New manufacturing commit-
ments from August 2022 to
March 2023 under Inflation
Reduction Act subsidies.
75%
The increase in job postings
that mention relocation bene-
fits as of February, compared
to a year earlier.
1.43 B
India’s current population,
which appears to have sur-
passed China’s, at 1.425 billion.
55.7%
European Union natural-gas
reserves as winter ended, the
highest level in April since 2011.
To get Numbers by Barron’s
daily, sign up wherever
you listen to podcasts or at
Barrons.com/podcasts
April 24, 2023
495.27
Dow Global Index: - 1.42
3.57%
10-Year Treasury Note: + 0.05
The Earnings Tide SHE SAID
China’s economy beat expectations,
growing 4.5% in the first quarter and “China’s economic
sending stocks up. But quarterly earn- growth need not be
ings were mixed. Charles Schwab
beat, despite taking a deposit hit; incompatible with U.S.
State Street missed; Bank of Amer-
ica held on to deposits, and beat on
economic leadership.
trading; Goldman Sachs missed on We do not seek to
fewer deals and consumer losses;
Morgan Stanley beat, but M&A was
decouple our economy
a problem. Netflix new subscribers from China.”
fell, and it delayed its password-shar-
Treasury Secretary Janet Yellen, in a
ing crackdown. Tesla margins fell as speech on U.S.-China relations
price cuts took a toll. On a quiet week,
the Dow industrials slipped 0.23% to
33,809.03; the S&P 500 fell 0.10% to
4133.51; and the Nasdaq Composite
lost 0.42% to 12072.46.
McCarthy’s Plan
House Speaker Kevin McCarthy laid
out his debt-ceiling plan at the New
York Stock Exchange: push it out for a
year while freezing spending, clawing
back unspent Covid outlays and impos-
ing new workfare rules. McCarthy
claimed the White House was “stone-
walling him.” He then released a 320-
page plan of more GOP cuts, including
defunding the IRS and stripping out
funds to fight climate change. It’s un-
clear how much GOP support there is
for the plan. flight blew up minutes after launch.
Appeal Rejected Fox Settles
Lawyers for Wall Street Journal re- Fox settled the Delaware case brought
porter Evan Gershkovich appealed his against it by voting-machine company
arrest in Russia for spying, which the Dominion, agreeing to pay $787.5 million
Illustrations by Elias Stein; photograph by Anna Moneymaker/Getty Images
court rejected. Another Russian court
imposed a 25-year treason sentence on
dissident Vladimir Kara Murza.
while acknowledging the “court’s ruling
that certain claims about Dominion were
false.” Fox and Barron’s parent News Corp
share common ownership.
AI Mania
The New York Times reported that Annals of Deal Making
Samsung may switch from Google to Merck agreed to buy Prometheus Bio-
Microsoft’s artificial intelligence-en-
hanced Bing as its default search en-
gine. Later, Alphabet merged its two
AI projects. The European Parliament
sciences, a biotech specializing in immu-
nology drugs, for $10.8 billion…Brook-
field Infrastructure struck a $13.3
billion cash-and-stock deal for Triton
prepared AI legislation, including dis- International, the world largest lessor
closure of use of copyrighted material. of shipping containers…Japan’s Sega
Elon Musk, who was involved in the Sammy Holdings said it would buy An-
launch of Microsoft partner OpenAI gry Birds maker Rovio Entertainment,
but who has urged caution on some based in Finland, for $776 million...The
forms of AI, said he was developing his WSJ reported that meme stock and
own AI start-up. Musk then watched struggling retailer Bed Bath & Beyond
as SpaceX’s Starship rocket in a test could soon file for bankruptcy.
April 24, 2023 BARRON’S 13

P R EV IEW Thursday The Bureau of Economic Analysis releases Sign up for the Review &
its preliminary estimate of first-quarter gross-
domestic-product growth. The consensus call Preview daily newsletter at
is for GDP to have grown at a seasonally adjusted annual rate of 1.8%, follow- Barrons.com/reviewpreview
ing a 2.6% increase in the fourth quarter, and 2.1% for all of 2022.

Monday 4/24 0.7% month over month to a season-

CHINA’S CONSUMER-LED GROWTH
Growth Story
A Bounce, Not China's GDP has steadily climbed, but a
number of challenges remain, even
after the pandemic.
Ameriprise Financial, Brown &
Brown, Cadence Design Systems,
Coca-Cola, and First Republic Bank
release earnings.
Tuesday 4/25
3M, Alphabet, Biogen, Chubb,
Danaher, Dow, General Electric,
General Motors, Halliburton,
Kimberly-Clark, McDonald’s,
Microsoft, Moody’s, MSCI, Next-
Era Energy, PepsiCo, Raytheon
Technologies, Texas Instruments,
United Parcel Service, Verizon
Communications, and Visa report
quarterly results
The Census Bureau reports residen-
tial sales data for March. Economists
forecast a seasonally adjusted annual
ally adjusted $270 billion.
Thursday 4/27
AbbVie, Altria Group, Amazon.
com, Amgen, Bristol Myers Squibb,
Capital One Financial, Caterpillar,
Comcast, Eli Lilly, Gilead Sciences,
Hershey, Honeywell International,
Intel, International Paper, Master-
card, Merck, Mondelez Interna-
tional, Newmont, Northrop Grum-
man, S&P Global, and T-Mobile US
hold conference calls to discuss quar-
terly results.
Friday 4/28
Charter Communications, Chev-
ron, Colgate-Palmolive, and Exxon
Mobil release earnings.

A Recovery $20 trillion

18
rate of 632,000 new single-family
homes sold, slightly fewer than in
February.
The BEA reports personal income
and outlays for March. Income is
forecast to increase 0.2% month over
This past week, China posted first-quarter gross-domestic- 16 The Conference Board releases month, while spending is seen declin-
product growth of 4.5%, up from the prior quarter’s 2.9%, its Consumer Confidence Index for ing 0.1%. This compares with gains
14
as retail sales surged at the fastest pace in two years and April. Consensus estimate is for of 0.3% and 0.2%, respectively, in Feb-
home sales in major cities rose. Analysts expect the recov- 12
a 104.1 reading, roughly even with ruary. The core personal-consumption
ery to continue through the second quarter, supporting the March data. expenditures price index is expected
Chinese stocks. The iShares MSCI China exchange- 10 to increase 4.5% from a year earlier,
traded fund is up 5% year to date. S&P CoreLogic releases its Case- one-tenth of a percentage point less
But some doubt a longer-term consumer-fueled recov- 8 Shiller National Home Price Index for than previously.
ery. While the wealthy can spend on luxuries, most con- 2012 ’15 ’20 February. Expectations are for home
sumers aren’t buying big-ticket items like travel or cars, Source: Statista
prices to be flat year over year. Early
says Shehzad Qazi, managing director at China Beige Book. 2012 was the last time the index didn’t Coming Earnings Consensus Estimate Year ago
Qazi says consumer spending has never sustainably driven show an annual increase.
growth in China, and it’s unlikely to this year. Weaker infla-
The Secret Sauce M

To sustain its traditional export-led GDP Ameriprise Financial (Q1) $7.15 $5.98
tion highlights companies’ lack of pricing power, and youth
Wednesday 4/26
Coca-Cola (Q1) 0.65 0.64
growth, China needs strong consumer
unemployment at 19.5% is near pandemic levels. TS Lom- Whirlpool (Q1) 2.10 5.31
spending.
bard’s chief China economist, Rory Green, notes workers’ T
3M (Q1) 1.59 2.65
real income grew just 3.8%, below GDP growth and half $7 trillion American Tower, Automatic Data Alphabet (Q1) 1.09 1.23
the prepandemic trend. Consumer confidence is below pre- Processing, Boeing, Boston Scien- Archer-Daniels-Midland (Q1) 1.78 1.90
Covid levels, he writes. While home sales are recovering, 6 tific, CME Group, eBay, Edwards Biogen (Q1) 3.36 3.62
Chipotle Mexican Grill (Q1) 8.92 5.70
sales in central China fell 8%, and 3% in western China. Lifesciences, General Dynamics,
More Earnings on Page 59.
Smaller cities make up the bulk of home sales, he says. Humana, Meta Platforms, Norfolk
Marko Papic, chief strategist at Clocktower Group, says
5
Southern, Old Dominion Freight Consensus Estimate
Day Consensus Est Last Period

he’s worried about the health of Chinese consumers. 4 Line, Pioneer Natural Resources, T April Consumer Confidence 104.2 104.2
March New Home Sales 632,000 640,000
Households have been in deleveraging mode since 2017— ServiceNow, and Thermo Fisher
TH Q1 GDP 1.8% 2.6%
dramatically since 2022—with consumers saving more Scientific announce earnings. F March Personal Income 0.20% 0.30%
3
than borrowing, he says. Household debt is at 100% of April Michigan Sentiment 63.5 63.5

disposable income, up from 20% in 2009. China, he says, The Census Bureau releases the Unless otherwise indicated, times are Eastern. a-Advanced;
2 f-Final; p-Preliminary; r-Revised Source: FactSet
could be facing secular stagnation, much like the U.S. after durable goods report for March. For more information about coming economic reports
the financial crisis. And that doesn’t factor in rising geopo- 2012 ’15 ’20 New orders for manufactured dura- - and what they mean - go to Barron’s free Economic
Calendar at www.barrons.com
litical tensions with the U.S. — Reshma Kapadia Source: World Bank ble goods are expected to increase
14 BARRON’S April 24, 2023

IAC vs. AI: Barry

Diller’s Plan to Save
News From ChatGPT
Diller, chairman of IAC, says artificial intelligence could be an existential
threat to publishers. He’s rallying the industry to fight back.

BY ANDY SERWER or there’ll be no publishing.”

B
arry Diller has seen this
movie before.
The billionaire chair-
man of digital media
conglomerate IAC (ticker:
IAC)—and Hollywood
mogul in a former life—is
railing to me about the threat posed
by generative artificial-intelligence, or
AI, platforms like ChatGPT. His spe-
cific beef? That algorithms and bots
are scraping, repurposing, and poten-
tially monetizing content from pub-
lishers including not only the likes
of People, Investopedia, and Better
Homes & Gardens—all of which Diller
owns—but the industry writ large.
To Diller, this smacks of what
happened 25 or so years ago, when
bros from Silicon Valley search
engines—not just Google, but also
Excite, Yahoo!, Lycos, and AltaVista—
persuaded old-line newspaper and
magazine publishers to slap their con-
tent on the web without charging for
it. The pitch was something along the
lines of (to be read à la Jeff Bridges in
The Big Lebowski): “Hey man, there’s
this new thing called the internet, and
everything on it’s free and you better
As George W. Bush famously
gaffed, “Fool me once, shame on you.
Fool me—you can’t get fooled again.”
In fact, not getting fooled again is
exactly what Diller and leaders of
other media companies have in mind
when it comes to AI absconding with
their intellectual property. To that end,
Diller has been in touch with major
publishers, including News Corp
(NWS), owner of Barron’s parent Dow
Jones, and Germany-based Axel
Springer, to persuade them to band
together to fight this perceived menace.
(The publishers declined to comment.)
Diller also says that he and other
media executives have been communi-
cating with Microsoft (MSFT) and
Alphabet (GOOGL). Microsoft has
a multibillion-dollar investment in
OpenAI, owner of ChatGPT, and has
incorporated the ChatGPT large-
language model, or LLM, in the latest
version of Bing, its heretofore also-ran them and the AI crowd—speaks to IAC Chairman Barry building’s exterior with an enigmatic
Diller, above, wants
search engine. Alphabet’s Google has Diller’s skill set. Navigating through to make sure media beauty.” Nearby is another Diller
Bard, which is similar to ChatGPT that complexity could well require companies get paid creation, Little Island, a 2.4-acre arti-
for content used
and is based on a rival LLM. The goal iconoclastic thinking, another strong by ChatGPT and
ficial island in the Hudson cum pub-
of those discussions, says Diller, is to suit of Diller’s. other generative lic park funded largely by Diller and
come to an agreement about how con- Sitting down with Diller in IAC’s AI platforms. his wife, Diane von Furstenberg (to
tent can be licensed in this scary new offices this past week had me consid- the tune of about $300 million, he
AI world. (Last month, News Corp ering his iconoclasm. There’s the blue says), which opened two years ago.

Robin Platzer/Twin Images/Sipa USA/Alamy Live News

get with the program, man.”
Faster than you could say “web
crawler,” the publishers acquiesced
and the search engines (which even-
tually became mostly Google) said,
“Thank you very much” and took all
of the advertising revenue, which in
turn decimated the news industry.
“What we’ve got to do before this
gets down that track and becomes
destructive,” Diller says to me ur-
gently, “[is] set rules in place and
procedures that protect the ability
of publishers to actually publish—
CEO Robert Thomson said that his
company was in talks with an AI
firm about compensation for using
the publisher’s content.)
Diller, 81, might not leap to mind as
a great lion of the publishing business.
Yet despite his stock taking a beating
lately, he possesses a number of quali-
fications that some of his cohorts lack.
For one thing, he has been in the game
for decades—negotiating media rights
since the mid-1960s as a junior execu-
tive at ABC. Brokering an agreement
among the publishers—and between
blazer over the ill-fitting untucked
denim work shirt that looks like it was
last worn at Woodstock. The hairdo
that only Terry Bradshaw could love.
And the brutal frankness.
Diller’s architectural ambitions,
too, are powerful manifestations of
his “think different” thinking, in par-
ticular IAC’s strikingly futuristic,
Frank Gehry–designed headquarters
along the Hudson River, completed
in 2007. The New York Times wrote
that the structure’s “constantly
changing character imbues the
Even more singular, though, is
IAC itself. Part media holding com-
pany, part incubator, part private-
equity firm, IAC really is a category
of one. “We’re kind of an anticon-
glomerate conglomerate,” Diller says.
“We build up companies, and when
Scan the code we feel that they’ve gotten to a stage
above to watch where they should be independent,
the interview on we spin them out. We’ve done it 12
At Barron’s With
Andy Serwer, times thus far, and then we start the
a video series cycle all over again. We’re in the pro-
featuring top
CEOs.
cess of building up again.”
Companies spun off include Expe-
April 24, 2023
dia Group (EXPE), Match Group
(MTCH), and Ticketmaster. New
acquisitions include media company
Meredith and a 17% stake in MGM
Resorts International (MGM). The
deal making can be dizzying, and,
as with any portfolio, diamonds
can turn into dogs.
“Truth be told,” I say to Diller,
“your stock has been—”
“Doing terribly,” he cuts me off to
say. True that. IAC is down a stagger-
ing 68% over the past two years, ver-
sus a flat S&P 500 index.
What happened?
“We bought Meredith for about $3
billion a year and a half ago,” he says.
“The advertising market hasn’t been
exactly robust in the past year. The
other thing is that we probably under-
estimated the difficulties in integrat-
ing Dotdash [a digital publisher] and
Meredith, which was primarily a print
publisher. It was very messy. We over-
estimated the early turn results. And
then Angi Home Services [the old
Angie’s List] was going through a total
revolution at exactly that same time.”
Diller expects the businesses to re-
bound in the latter half of the year.
If the stock doesn’t rebound, then
“I would be angry,” he says.
Historically, long-term sharehold-
ers have been rewarded by keeping
the faith. An IAC Investor deck from
June boasts $60 billion in value cre-
ated for investors since 1995, with a
compound annual growth rate of 13%
versus 10% for the S&P 500 over
the same period. (To be sure, IAC’s
returns are lower today.)
So, Diller is focused on getting IAC
back on the outperformance track
and reining in the AI beasts. I ask
Diller who exactly makes up the last
category.
“I don’t know, at this point, really
who the fight is against,” he says.
“The two principal players right now,
you’d have to say, are certainly Micro-
soft and Google’s Bard. I’m not so
sure they’re enemies in this. I think
they may be collaborators. Microsoft
doesn’t have much to risk because it
only has 3% of the search business
and very little advertising. Google
has a great deal to risk.…The truth
is, we’re knocking on each others’
doors. The outreach from them is
equal to ours.”
I asked Google and Microsoft
about this. “We have a long record
of developing tools to help news pub-
lishers monetize their content and
strengthen their relationships with
BARRON’S 15
their audience,” Donald Harrison,
Google’s president of global partner-
ships, told me by email. “As we de-
velop LLM-powered features, we’ll “History shows that it doesn’t pay to try
continue to prioritize experiences that
send valuable traffic to the news eco- to time the stock market, but there are
system. It’s very early days, and we’re
continuing to work with the ecosys-
tem, including news publishers, to
times when risk levels have increased
get their input.” Microsoft declined
to comment. to a point where it is wise to have a
On the subject of Microsoft: Early
last March, The Wall Street Journal safety net – like dividends.”
reported that the Department of Jus-
tice and the Securities and Exchange
Commission were investigating large - Jim Cullen, Chairman & CEO
trades that Diller, his stepson Alex
von Furstenberg, and billionaire me-
dia executive David Geffen made in
Activision Blizzard stock (ATVI)
in January 2022, before that company
High Dividend Equity
agreed to be bought by Microsoft.
Diller strongly denied there was any
insider trading afoot. “It was simply Enhanced Equity Income
a lucky bet,” he told the Journal.
When I asked an IAC representative
if Diller was in the clear, the response Value Equity
was, “There is no ‘clearance,’ but we
have not heard directly from the regu-
lators in some time.” Small Cap Value
Another facet in his AI fight is that
Diller must tread lightly when cooper-
ating with other publishers so they
don’t violate antitrust provisions. “I’m
International High Dividend
admonished by our lawyers to be very
careful. We’re going to have to get the
approval of regulators. The problem is
Emerging Markets High Dividend
it’s the Sherman Act, and the penalties
are criminal as well as civil. We could
do it in a trade group, but that can
Water Impact
only go so far.” (On Thursday, an
industry trade group released a state-
ment of principles for use of content
in AI systems.)
“We can’t just say stop the train.
We have to say, here are solutions to
that train going down the track,” says
Diller. “That’s what we’re after. How
do we coexist?”
That is the question, isn’t it? For further information, please contact Schafer Cullen Capital Management
After the interview, I remind Diller 212.644.1800 • info@schafer-cullen.com • schafer-cullen.com
of the time we saw each other driving
in Manhattan. It was a sunny week-
end morning, still so early that there
was only a smattering of traffic. I had Schafer Cullen Capital Management is an independent investment advisor
driven my Ford Escape across Central registered under the Investment Advisers Act of 1940. This information should
Park, taken a right on Fifth Avenue, not be used as the primary basis for any investment decision nor, should it be
and paused at a light. “And then,” construed as advice to meet a particular investment need. It should not be
I tell Diller, “you pull beside me in assumed that any security transaction, holding or sector discussed has been
a beautiful, white Rolls-Royce con- or will be profitable, or that future recommendations or decisions we make will
vertible with the top down.” be profitable or equal the investment performance discussed herein. A list of all
“It was a Bentley,” Diller said recommendations made by the Adviser in this strategy is available upon request
pointedly. “I would never drive a for the 12 months prior to the date of this report.
Rolls-Royce. But yes, I remember.
I waved.” B
16 BARRON’S April 24, 2023

TJX Is a Retail
Given that dividend growth for the
S&P 500 index is around 5%, the fact
that TJX’s hike was nearly triple that is

Stock Just
“a strong signal to the market that its
future business is likely to be strong,”
says Sarembock.
Indeed, closures of nonessential

Right for businesses and the e-commerce shift

brought on by Covid-19 seem to have
done little to dent customers’ loyalty

These Times
to TJX. According to data from
Placer.ai, T.J. Maxx and Marshalls
both notched stronger traffic trends in
December and January when com-
pared with the prepandemic period
three years prior; additionally, both
The average shopper at TJX stores traffic and unique visits are up, show-
such as T.J. Maxx and Marshalls ing the off-price retailers’ appeal to a
tends to have a higher income than wider swath of shoppers.

A
customers at off-price rivals lthough retail sales slumped in
February and fell again in
March, the average shopper at
TJX’s stores tends to have a
BY TERESA RIVAS higher income than those at rivals

I
n the 1980s, T.J. Maxx’s slogan
urged savvy shoppers to get
“the max for the minimum,”
emphasizing its low prices on
quality products. Investors to-
day can get the best bang for
their buck by buying shares of
its parent company, TJX Cos.
As the largest of the off-price retail-
ers, TJX (ticker: TJX) has been gobbling
up market share and sidestepping
many of the problems that have
plagued traditional retailers. The rotat-
ing merchandise and emphasis on
value creates a treasure-hunt atmo-
sphere at T.J. Maxx—along with its
other banners, like Marshalls, Home-
Goods, and Sierra Trading Post—that
keeps customers coming back to stores
without requiring the company to foot
the bill for pricey at-home delivery.
“TJX has one of the best models in
retail,” says Sarah Kanwal, director
and equity analyst at Crestwood Advi-
sors, which owns TJX shares. “It works
with thousands and thousands of ven-
dors and is expert at sourcing inven-
tory advantageously and opportunisti-
cally, at a scale that no one else can.”
The stock, at around $78, is trading
at a discount to its historical average,
even as factors—from budget-con-
Until recently, the stock had been
on a tear. Over the past year, TJX
shares jumped more than 20%, while
the SPDR S&P Retail exchange-
traded fund (XRT) tumbled nearly
20%. At a time when hundreds of
stores of all stripes are closing across
the U.S., TJX management recently
said it still could open some 1,400
new locations long term, a nearly 30%
increase.
TJX shares are off about 2% this
year, amid worries about consumer
spending and the overall economy in
the face of persistently high inflation.
In its most recent quarter, TJX offered
disappointing earnings guidance and
disclosed that its gross margins had
deteriorated, hurt in part by shrinkage,
an industry term that includes theft.
Still, complaints about shrinkage
have been relatively widespread in
retail this past earnings season and
don’t point to TJX-specific problems.
And TJX can survive, and even
thrive, during rough patches that
hurt other areas of retail, given its
reputation for brand names at budget
prices. That should resonate with
shoppers still grappling with big
A T.J. Maxx store in which owns the shares. He notes that
Brooklyn, N.Y.,
above. Parent TJX despite the issues last quarter, earn-
Cos. is well posi- ings were still up 14% from the year-
tioned to buck a
slowdown in con-
ago period, with stronger-than-ex-
sumer spending. pected comparable sales.
The Street consensus still calls for
both TJX’s top- and bottom-line growth
to keep climbing this fiscal year. Ana-
lysts project a 13% increase in adjusted
earnings per share, to $3.52, on a 6.4%
rise in revenue, to $53.14 billion.
Even so, TJX stock changes hands
for less than 22 times forward earn-
ings. Over the past five years, its aver-
age multiple has been 22.7 times, and
it has climbed as high as 47.5 times.
The most recent earnings report also
came with a 13% dividend increase and
a new $2 billion share-repurchase plan.
TJX Cos.
(TJX / NYSE)
$90
80
70
60
Ross Stores (ROST) and Burlington
Stores (BURL), somewhat insulating
the company from the falloff in de-
mand for discretionary products
among less wealthy Americans.
That decline could lead to further
dislocation at other retailers, as they
struggle to right-size inventory and
adjust to bargain-hunting shoppers’
preferences. It would be another op-
portunity for TJX.
“TJX is a clearing mechanism for
the industry, so it’s incredibly flexible
in different environments in terms of
inventory at their stores and catego-
ries they lean into,” says Kanwal.
Investors worried about a con-
sumer-led downturn at the hands of
high inflation can also take comfort in
how TJX performed during the
2008-09 financial crisis. Earnings per
share continued to grow year over
year, climbing from 41 cents in fiscal
2007 to 51 cents in fiscal 2009. Just
three years later, they had nearly dou-
bled, to 97 cents.
Management has already said that
2023 is off to a strong start, and there
is little reason to believe TJX can’t
continue its trend-bucking pattern.
“TJX represents [a] long-term share
taker [that’s] increasingly important
not only to customers but also to

scious consumers to its own forecasts—
suggest it can continue to zig as much
of retail zags. Analysts think TJX
shares can rise 12%, to more than $87,
while its annual free cash flow is ex-
pected to jump more than 18%, to $3.1
billion, this fiscal year.
jumps in the cost of everything from
shelter to strawberries.
50
“Consumers are becoming choice-
ful. They’re turning to lower-price
40
discretionary items, where TJX really
excels,” says Craig Sarembock, princi-
pal at Bartlett Wealth Management, Source: FactSet
Stephanie Keith/Bloomberg
brands,” argues BMO Capital Markets
analyst Simeon Siegel, who thinks the
shares should trade at $85 and that
the company’s guidance “will prove
conservative.”
2021 ’22 ’23 If so, it wouldn’t be the first time
TJX made bargain hunters happy. B
April 24, 2023
FOLLOW-UP
Tesla Essentials: Focus on
Growth and Buy on Volatility
Price cuts on cars are hurting margins,
but long-term prospects are strong
BY AL ROOT
F
or a maker of nearly silent electric
vehicles, there’s an awful lot of
noise around Tesla. From a volley
of EV price cuts, disappointing
earnings, Wall Street downgrades, and
stock volatility, it’s enough to induce ver-
tigo. The numbers, however, suggest that
Tesla stock is still worth owning.
Not all the numbers are ideal. When
Barron’s wrote favorably about Tesla stock
(ticker: TSLA) on Jan. 6, we noted that wait
times for new Teslas were down, invento-
ries were up, and the economy was slow-
ing. And Tesla was about to cut U.S. prices
necessary to qualify for tax credits and
improve its electric vehicles’ affordability.
But Tesla remains the cost leader in a
part of the car business that should conser-
vatively grow fourfold between now and
decade’s end—and growth is what’s impor-
tant. The company has roughly a fifth of the
global EV market. Competition is rising,
but Tesla should maintain at least a 10%
share by 2030, which would mean selling
four to five million cars annually, producing
a yearly revenue growth rate of almost
20%, on average, for almost eight years.
That kind of growth can come at the
expense of profits. Tesla’s first-quarter
automotive gross-profit margin, including
leasing and excluding regulatory credits,
was 19%, below estimates of 21%. That’s
down by more than 10 percentage points,
year over year.
In one sense, the price cuts worked—
Tesla increased its U.S. share from 2022’s
fourth quarter to 2023’s first. But they raise
questions about demand for Tesla cars and
SUVs—and EVs generally. CEO Elon Musk
doesn’t think Tesla has a demand problem.
On Tesla’s earnings call, Musk blamed
falling margins and lower prices on the
economy, pointing out that higher interest
BARRON’S
rates are pressuring vehicle affordability.
Not everyone agrees, arguing that Ameri-
cans aren’t ready to buy all the EVs that
Tesla and others are making.
The numbers don’t support that argu-
ment. U.S. sales of all-electric vehicles grew
45%, year over year, in the first quarter.
Sales of gasoline-powered cars were
roughly flat from the fourth to first quarter,
while EV sales climbed roughly 15%. Noth-
ing in data tracked by CoPilot, which helps
consumers car-shop, indicates that Ameri-
cans interest in EVs has waned, says CEO
Pat Ryan. Availability remains the biggest
issue, he adds, with some consumers wait-
ing for new models to arrive.
What should investors do with their
Tesla shares? At the moment, nothing.
The stock is volatile. Tesla gives investors
opportunities to buy when the shares get
too cheap, as Barron’s recommended
when the stock was near $100—it’s now
just over $160—and to take profits when
it rises, as we did in early February when
it approached $200. If Tesla gets back to
$100, we’d buy more; at $150 or $160,
we’d go to the beach. Investors consider-
ing the stock might want to wait for a
better entry point. In the long term,
though, the economy will recover, EVs
will get better, and so will the charging
infrastructure.
Tesla is still the EV future, and its stock
is still one that we want to own, despite
the noise. B
Tesla
(TSLA / Nasdaq)
$500
400
300
200
100
0
2021 ’22 ’23
Source: FactSet
BofA on $99 Billion in Bond
Losses: We’ll Grind Them Down
The big bank emphasizes that the losses are unrealized, and that the higher
rates at the root of the losses are balanced by higher net-interest income
ANDREW BARY
I
nvestors have been focused on large
paper losses on bank bond portfolios
since the spectacular collapse of Sili-
con Valley Bank in March. Some of
their concerns have been fixed on regional
or midsize banks like SVB.
But unrealized bond losses have also
become an issue at one megabank: Bank
of America (ticker: BAC). This past
week, BofA sought to reassure investors
about $99 billion of unrealized losses on a
key portion of its bond portfolio, as its
chief financial officer said that the bank’s
net-interest income would rise in a higher
interest-rate environment.
The comments by CFO Alastair Borth-
wick came during Bank of America’s
earnings conference call on Tuesday,
when the company reported its first-
quarter results. Bank of America dis-
closed that it had $99 billion of paper
losses in the bond portfolio, which is
classified as held-to-maturity for ac-
counting purposes. The portfolio, with a
cost basis of $624 billion, consists largely
of agency mortgage securities.
BofA has by far the largest paper losses
among U.S. banks on its bond portfolio.
Rival JPMorgan Chase (JPM) had $31
billion of losses on March 31. Banks don’t
have to reflect these unrealized losses in
their capital ratios.
The big bond losses have weighed on
BofA’s stock. The bank, at about $30, is
down nearly 10% this year, while shares
of industry leader JPMorgan Chase are
up 4%, to $140. Bank of America stock was
little changed in the wake of a generally
favorable first-quarter profit report—earn-
ings of 94 cents a share in the first quarter,
against a consensus estimate of 81 cents.
“This is a source of frustration and
embarrassment for” BofA, says Evercore
ISI analyst Glenn Schorr. “But there are
many good things about Bank of America.
Everything can’t be perfect.” He cites a
strong deposit franchise and one of the
industry’s highest-quality loan portfolios.
He has an Outperform rating and a $36
price target on BofA stock.
17
In response to an analyst question on
the conference call, Borthwick highlighted
the value of the bank’s $1.9 billion of low-
cost deposits. “One of the reasons that we
spend as much time laying out the deposit
franchise is because, in a rising-rate envi-
ronment, you’d expect obviously that bond
markets are going to turn negative. And,
at the same time, you and we have been
expecting, as rates go up, that the NII [net-
interest income] would rise, because the
deposits are so much more valuable
in that environment,” Borthwick said.
Schorr asked about the bank’s securi-
ties losses, saying, “At this point, given the
stability, your deposit base, loan growth,
capital growth, do you feel like you can
just kind of ride it out and grind it down?”
Borthwick responded: “Correct. Right
now, that’s exactly what we’ve been doing.
We’ve communicated that pretty clearly.”
In a recent CNBC interview, Berkshire
Hathaway (BRK.A) CEO Warren Buffett
criticized banks for investing in mortgage
securities at historically low yields, calling
them a “very dumb holding for banks.”
The problem for mortgage securities
holders is that effective maturities
lengthen when interest rates rise, the
opposite of what the banks want. It leaves
banks with relatively low yielding portfo-
lios for potentially long periods.
BofA’s bond holdings yield about 2.6%,
which could weigh on its returns, particu-
larly if it has to pay more for deposits. The
portfolio has an estimated average life of
eight years.
Unlike the banks, Berkshire chose to
invest its cash of over $100 billion largely
in short-term U.S. Treasury bills. It ac-
cepted rates near zero in 2020 and 2021
but is now getting 5% on its holdings. If
Bank of America had taken more of a
Berkshire-type approach, it now could
be earning twice the current rate.
Berkshire is Bank of America’s largest
investor, with a roughly 13% stake—some
one billion shares.
It’s notable that Buffett has decided
against putting new money into Bank of
America this year even after the stock’s
weakness. B
18 BARRON’S April 24, 2023

The Car of the Future:

A prototype of the
next generation of
Apple CarPlay goes
beyond the center
console, giving Ap-
ple control of the

Auto Makers Are Racing to

entire instrument
cluster.

Stop Tech’s Next Disruption

As Apple and Google stake claims to the cockpit, car makers are pushing back.
The battle could be profitable for chip companies, software firms, and investors.

Courtesy of Apple
BY ERIC J. SAVITZ
N
April 24, 2023
Never mind ChatGPT. The next big
computing platform has already
arrived—and it’s sitting in your
driveway.
The $4 trillion automotive indus-
try is going through three big trans-
formational changes at once. Two of
those—the rise of electric vehicles
and the gradual emergence of autono-
mous driving—have attracted most of
the attention. But the third one could
be more powerful still: Cars are be-
coming computers on wheels.
This isn’t to diminish the impor-
tance of EVs and self-driving cars.
But progress there will be measured
in decades, while auto makers are
pressing ahead on “software-defined
vehicles” today—allowing cars to be
upgraded and improved on the fly,
like a mobile phone. Large screens
in cars have subsumed all manner of
buttons, switches, and analog dials.
As with phones, the digital dis-
plays unlock nearly unlimited options
and all-new business models, requir-
ing microprocessors, diverse soft-
ware tools, ubiquitous network con-
nectivity, and large, high-definition
displays.
“There are now more lines of code
in the average car than there are in
a Boeing 747,” says Dipti Vachani,
senior vice president of automotive
and Internet of Things for Arm Hold-
ings, the SoftBank Group–owned
chip-design house.
The progress comes not a moment
too soon for car makers. They have
been losing ground in their own
cockpits, where Apple (ticker:
AAPL) and Alphabet’s (GOOGL)
Google increasingly control the enter-
tainment and navigation experience.
“They aren’t just selling a car,”
Vachani says of the auto makers.
“They can own a customer experi-
ence for years, and they need to mon-
etize that. It’s almost a matter of sur-
vival for them.”
Sure enough, after years of wel-
coming Apple and Google into their
cockpits, car makers are now push-
ing back. Last month, General
Motors (GM) said that its future
EVs, starting with the 2024 Chevy
Blazer EV, would no longer support
Apple’s CarPlay or Google’s An-
droid-based phones. GM will instead
offer its own system based on an
embedded design of Android Auto-
motive, which will be preinstalled
in the car, with custom versions of
Google Maps, Spotify, and other
applications.
“We will be moving beyond
phone-projection systems, namely
Apple CarPlay and Android Auto,”
GM said.
Mercedes, meanwhile, expects to
generate billions of dollars in revenue
by 2025 from MB.Connect, the Ger-
man auto maker’s mapping, naviga-
tion, and vehicle-monitoring plat-
form, and MB.Drive, the company’s
autonomous-driving platform. Other
auto makers are following a similar
path.
The industry’s push comes as
Apple steps up its own car game.
Last year, the company said CarPlay
was available on more than 90% of
new cars in the U.S. “It’s a must-have
feature when shopping for a new
vehicle,” said Emily Schubert, Ap-
ple’s senior manager for car-experi-
ence engineering, at June’s Apple
Worldwide Developers Conference.
She cited research that said that 79%
of U.S. buyers would consider only
CarPlay-capable vehicles.
During her WWDC remarks,
The Digital Arms Dealers
As Apple and Alphabet battle auto makers for cockpit supremacy, investors don’t have to pick a side.
These “arms dealers” should benefit no matter who wins the future of the car.
Company / Ticker Market Value
Apple / AAPL $2.6 trillion
Alphabet / GOOGL 1.4
Amazon.com / AMZN 1.1
Nvidia / NVDA $667.2 billion
Qualcomm / QCOM 133.1
Micron Technology / MU 68.4
Ambarella / AMBA 2.7
BlackBerry / BB 2.6
Arm Holdings N/A
Harman International N/A
N/A=not applicable
BARRON’S 19
Schubert showed off a new prototype time, Dell Technologies, HP Inc., and
of CarPlay that expands the iPhone’s Lenovo—the once-dominant players
territorial reach beyond the center in PCs—became largely interchange-
console, giving Apple the entire able and commoditized. In their
instrument cluster, including the place, Microsoft gained dominance of
speedometer and tachometer and operating systems; Intel, Advanced
in-cabin functions like climate con- Micro Devices, and Nvidia (NVDA)
trol and navigation—all with new, made the most important chips; and
Apple-designed icons and dials. Google and others owned the web
Apple name-checked numerous browser and other key software.
auto makers—Ford Motor (F), “The auto makers want to retain
Honda Motor (HMC), Mercedes- their brands,” says Danny Shapiro,
Benz, Volvo, and others, though not Nvidia’s vice president of automotive.
GM—that it said were considering “They want to differentiate. And
adoption of the expanded version of there will be a lot of revenue from
CarPlay. There has been little subse- transactions.”
quent news, although Apple had said “When auto makers bring Google
the first announcements of cars with or Apple functions into the car, they
the new version of CarPlay would start to lose touch with the con-
come in late 2023. Apple could offer sumer,” notes Nakul Duggal, Qual-
updates at this year’s WWDC, com- comm’s senior vice president for
ing up in early June. automotive. “Auto makers need to
Google is taking a multipronged understand what customers like or
approach, offering both Android don’t like. If you lose that primary
Auto, which operates in a parallel interface, that’s a big challenge.”
fashion to CarPlay, along with An- The good news for investors is
droid Automotive, its embedded soft- they don’t have to pick a side as Ap-
ware that’s licensed directly to auto- ple and Alphabet battle the car mak-
motive manufacturers. In some cases, ers for cockpit supremacy. Instead,
Google is licensing an embedded but they can look to the arms dealers, in
connected version of its Google Maps particular the chip makers.
software to companies like Mercedes, Nvidia is providing high-powered
which then offer additional traffic processors with artificial-intelligence
data and vehicle information. With capabilities in more new cars, along
Android Automotive—which has with a related set of software tools;
been adopted in some cars from Ford, autonomous driving is one of the
Honda, Volkswagen, and others—the most powerful examples of AI.
car companies have more control Nvidia CEO Jensen Huang was a sur-
over the applications and presenta- prise guest at a recent Mercedes
tion of apps inside the car than they event in Silicon Valley to unveil the
do with the current version of Car- company’s push into software-
Play and Android Auto, which take defined vehicles. Mercedes is using
over cockpit screens entirely. Nvidia chips in Drive Pilot, the com-
For car makers, the computer in- pany’s system for Level 3 autono-
dustry offers a cautionary tale. Over mous driving, allowing drivers to
take their hands off the wheel in
some situations.
Qualcomm (QCOM) is taking a
similar approach with its vision of
becoming the provider of the “digital
chassis,” taking control of automotive
Comment connectivity, battery functions, sen-
CarPlay works in most cars, but some auto makers are pushing back. sors, cameras, and display screens, as
Two-pronged strategy, with phones and embedded systems.
well as Advanced Driver Assistance
Systems, or ADAS, the precursor to
Cloud unit AWS plays key role in cloud-based services in the car.
fully autonomous vehicles.
Big automotive push includes graphics processors in Mercedes, other cars. Memory-chip maker Micron
Its “digital chassis” powers batteries, assisted-driving services, and entertainment. Technology (MU) has said that the
Software-driven cars provide big opportunity for the company’s memory chips. automotive industry offers the
The chip maker is focused on vision- and sensor-processing systems. company’s best long-term growth
opportunity.
Its QNX unit plays key role in managing sensors, other services.
And soon, investors will have the
The soon-to-be-public SoftBank unit is a key technology provider for in-car processors.
opportunity to buy shares of Arm
The Samsung unit is expanding beyond stereos to in-cabin systems. Holdings, which is planning an initial
Source: Bloomberg public offering on the Nasdaq later
20
this year.
Arm’s Vachani notes that Arm-
based chips are already running 85%
of in-car entertainment systems.
“Consumers want their cars to pro-
vide the look and feel they experience
on their mobile phone,” she says.
“That’s an experience we under-
stand.” Arm’s designs power iPhone
chips, servers, and other computing
gear.
Smaller companies should benefit,
as well, from more niche applications
that rely on specialized chips.
Ambarella (AMBA), which pro-
vides chips used in advanced driver-
assistance systems and driver-moni-
toring applications, is producing in-
car radar systems intended to alert
drivers not to leave their children
behind in the back seat. Ambarella
also supplies chips used in Hyundai’s
Genesis GV60 to unlock the car with
a facial scan. GAC Motor, a Chinese
auto maker, is using Ambarella chips
in a cabin-monitoring system that
reduces the radio volume when a
passenger is on the phone, or lowers
Cars in the Fast Lane
Auto revenue is forecast to more than double over the next two decades, but most of
the growth is coming from new digitally enabled services.
Traditional auto revenue Digitally enabled revenue
$10.0 trillion
7.5
5.0
2.5
0 has refocused on security and auto-
2021
a window if someone inside the vehi-
cle is smoking.
Samsung’s Harman International
unit, a legacy provider of connected
car experiences, believes that soft-
ware, combined with high-powered
chips, will offer new ways for auto
BARRON’S
2025 2030 2040
Source: Accenture Research
makers to offer unique experiences.
Christian Sobottka, Harman’s presi-
dent of automotive, says that electrifi-
cation of the powertrain is “not that
differentiating,” putting pressure on
the companies to find other ways to
stand out.
April 24, 2023
Harman offers a heads-up display
called Ready Vision that projects
relevant driving data onto the wind-
shield, so that it’s in the driver’s field
of vision. Ready Care is a suite of
safety services that tracks activity
inside the vehicle. Sobottka says the
system can keep tabs on the driver,
tracking life signs like heart rate,
respiration, and eye movements—
nudging the seat, tightening seat
belts, or turning up the radio when
it detects wandering attention from
the driver.
Even BlackBerry (BB), once a
dominant player in mobile phones,
motive software. The company’s IVY
platform is targeted at managing the
growing flow of sensor data in mod-
ern cars. At the Consumer Technol-
ogy Association’s CES tech event in
Las Vegas in January, BlackBerry
said that the Chinese auto maker
Dongfeng Motor would use IVY in
a new model to manage batteries in
A fully digital wide-
screen cockpit from an effort to reduce drivers’ EV “range
Mercedes-Benz anxiety.”
Technology, of course, isn’t new to
cars. Auto makers have been using
chips and embedded software in cars
for several decades, for everything
from antilock brakes to electric door
locks. But those electronics have
largely been defined by a class of
chips called microcontrollers, and
their slightly more sophisticated
cousins, “electronic control units,”
or ECUs.
Microcontrollers are the slower,
more simple-minded versions of the
microprocessors that control phones,
PCs, and other electronics. They are
cheap and specialized, and rely on
older chip-making technology. Dur-
ing the recent chip shortage, tight
supply of key microcontrollers re-
duced the ability of auto makers to
meet demand for new cars—or to
repair old ones.
“Today, the average car has 30 to
50 ECUs, and higher-end cars have
upward of 100,” says Sam Abuels-
amid, an analyst with the research
firm Guidehouse Insights. “Each one
of them has a little [operating system]
that runs independently. You end up
with a system that is hard to update.”
Courtesy of Mercedes-Benz
The chips that control electric
seats don’t talk to the chips that con-
trol instrument displays or the sen-
sors that monitor tire pressure. Pro-
cessor companies such as Qualcomm
and Nvidia are rolling out chips that
handle many automotive functions
 April 24, 2023 BARRON’S 21

that previously relied on uncon- into a two-ton payment method?”

nected microcontrollers, reducing
the chip count and making the car
easier to upgrade.
Tesla (TSLA) was a pioneer here,
Abuelsamid notes. “Features aren’t
necessarily locked in when their cars
roll off the assembly line,” he says.
Another advantage: over-the-air soft-
ware fixes for mandatory recalls. He
notes that auto makers can be subject
to fines when auto makers don’t lure
enough owners into dealerships to
handle recalls. “With over-the-air
updates, you get 100% of them
updated.”
As cars add more code and con-
nectivity, consumers will be pres-
sured to pick up the tab.
There are two elements to that
story. One is the ability to upgrade
software for almost any automotive
function over the air. Tesla drivers
already have that experience, but that
isn’t true for every EV; upgrading the
battery software to improve effi-
ciency in a 2018 Chevy Bolt EV, for
instance, still requires a trip to the
dealer. There will be software up-
dates that improve battery range,
add new self-driving features, or
improve other aspects of the in-cabin
experience that have historically
been handled by nonupgradable
microcontrollers.
Even more alluring for car makers
is the notion of turning cars into a
platform for subscription services.
Tesla, for instance, charges up to
$199 a month to include full-driving
mode, despite the fact that the hard-
ware and sensors required to handle
the additional skills are already fac-
tory installed in the car.
Wendy Bauer, general manager for
automotive at Amazon Web Services,
says Zuora CEO Tien Tzuo. “If you
are leasing the car, the auto maker
already has a financial relationship
with you. Imagine pulling up to the
charger or the pump, filling up, and
then driving away.”
General Motors has been working
on the subscription problem for
years. Its OnStar service, launched in
1996, offers in-vehicle voice connec-
tions to service agents who can pro-
vide directions or dispatch roadside
service. OnStar plans can run as high
as $49.99 a month. This year, the
company will begin rolling out Ultifi,
a software service based on IBM‘s
Red Hat that will allow developers to
create new apps for GM cars—and
services that car owners could pay
for as one-time downloads or via
subscriptions.
GM’s early ideas for Ultifi include
Max Power Mode, to boost accelera-
tion in EVs; Choose Your Own Ad-
venture Mode, basically a driving
scavenger hunt; Teen Driver Mode, to
adjust settings for younger drivers;
and Planetarium Mode, which would
project constellations on in-car
screens.
Your Next Insurance
Nvidia has announced plans for
an in-vehicle version of its GeForce
gaming platform, for passengers to
Salesperson
Could Be Your Car
use at any time and for drivers when
the car is parked or waiting for an EV
charge. Auto makers plan to offer soft-
ware that provides friction-free EV
charging, connecting you to a payment
system when you pull up to the char-
ger and plug in, or automatic tolling Auto makers are looking to gain a foothold in a business
for roads, bridges, and parking lots. where the average driver pays about $1,700 a year.
And some auto makers are dabbling
in a different kind of recurring pay-
ment—insurance. (See story page 21.) BY AL ROOT
BMW experimented with a fee for

says that Amazon.com’s (AMZN)
cloud services will play an increas-
ingly important role in the in-car
experience, with an increased range
of entertainment and information
options. “We see auto makers experi-
menting in many categories—in enter-
tainment, certainly, in safety and con-
venience, even in productivity apps,”
she says. “It comes down to what cus-
tomers are willing to pay for. And
when you get to Level 3 autonomy, it
frees up time in the car for productiv-
Illustration by Mike Ellis
heated seats, but the company has
backed off that plan and says it has
no plans to start charging a subscrip-
tion fee for equipment already in-
stalled in its cars. Auto makers rattle
off the potential for other services,
such as enhanced mapping and
streaming music and video, but there
remains the real risk that consumers
stick with their iPhone and Android
devices for those applications.
The good news for car makers is
that there’s enough money going
P
ardon the poor auto maker
for wanting to be something
more than just a manufac-
turer of cars—especially
when new technology offers
the possibility of so much more.
Such as selling lucrative insurance
policies directly to drivers.
Once the pride of American manu-
facturing, car makers such as Ford
Motor (ticker: F) and General Mo-
tors (GM) have had a rough go of it.
These days, they are no-growth busi-
Ford has returned 3.8%. Both stocks
trade for less than eight times 12-
month forward earnings, less than
half the S&P 500’s 18.9.
Tesla’s (TSLA) success has offered
the blueprint for a brighter future, one
that includes, for the first time in ages,
the possibility of growth. It will be
driven not just by the sale of new cars,
but also by the ability to harvest the
vast amounts of data stored by the
vehicles and use it to generate new
revenue streams.

ity and entertainment.”
Turning the car into a platform for
subscriptions provides a new oppor-
tunity for Zuora (ZUO), a software
company focused on subscription
management. “Why not turn the car
around to remake business models
across the industry. Their challenge
will be figuring out what consumers
want, how much they’re willing to
pay—and then collecting all of it, or
at least most of it, for themselves. B
nesses, with sales and earnings
roughly where they were 10 years
ago—and with the stocks to prove it.
Over that period, shares of GM have
returned just 4.1% annually, behind
the S&P 500 index’s 12.4%, while
As cars get smarter, auto makers
will have to battle for control of the
data coming from new, connected
vehicles. It just isn’t the battle you
expect, fought by the players you
think of, and the winners aren’t the
22
ones you’d guess.
“With Tesla trailblazing the soft-
ware frontier, the Detroit stalwarts are
aggressively focused on the software
front and not ceding territory to Big
Tech,” says Wedbush analyst Dan
Ives. “[Car makers] want the data and
the customer moat.”
Unfortunately, auto makers have
already ceded some ground to tech
companies. While car makers have
the lead in offering driver-assistance
software that improves over time,
applications like maps, music, and
entertainment already run on
iPhones, iPads, and other connected
devices. Car makers do control the
hardware, however, and others will
be forced to sell apps that work on
that hardware—the car. “It’s very
important for us that we own the op-
erating system within the vehicle,”
said Alan Wexler, GM’s senior vice
president of strategy and innovation,
at a Barclays investment conference
in December.
Anything that adds to revenue is
fair game. GM, for instance, believes
that its self-driving tech will underpin
businesses generating $80 billion in
annual sales by 2030. Ford’s commer-
cial business has about 125,000 fleet
customers in the U.S., and every one
of them has needs that can be served
by software that analyzes the data
coming off the trucks to help manage
fleets, predict maintenance, and opti-
mize driving behavior.
“It’s a customer that can’t have any
downtime,” says Ford Executive Chair
William Clay Ford Jr. “With software
that’s being developed, we can also
save them lots of money.”
The auto makers’ biggest advan-
tage, though, may be in an industry
that is as staid as it is—the $300 bil-
lion-a-year U.S. insurance business.
It’s a tempting target. The average
driver pays about $1,700 a year, every
year. It’s the kind of recurring revenue
that the auto industry dreams of.
And they’re making those dreams a
reality. Tesla began selling insurance
in California in 2019. General Motors
has big plans to offer insurance and
believes that it can generate $6 billion
a year in insurance-related sales by
the end of the decade. Ford is thought
to be developing its own insurance
business, though it hasn’t announced
any plans yet.
The advantage that Big Auto be-
lieves it has over the traditional insur-
ers and both Big Tech and insurtech
start-ups is so-called telematic data—
a term that encompasses telecommu-
nications, vehicles, engineering, and
computers—sourced from connected
cars. The data relay a lot of things,
including driving habits. Any edge in
predicting who will get in an acci-
dent, how severe it will be, and how
much it will cost to fix can help auto
makers offer attractive rates to their
drivers.
While the opportunity is big, mak-
ing it a reality won’t be easy. State
Farm, Allstate (ALL), Progressive
(PGR), and Geico, which is owned by
Warren Buffett’s Berkshire Hatha-
way (BRK.A), control roughly 50% of
the U.S. market and won’t cede share
without a fight. And the data coming
from the cars may not be as valuable
as the auto companies think.
For the most part, auto insurance,
which falls under the category of
property and casualty, or P&C, insur-
ance, shouldn’t be all that compli-
cated. Calculating the number of cars
that will get into an accident and what
it costs to fix them is relatively easy,
though the casualty part, which in-
volves juries and laws in 50 different
states, is more complicated, says Au-
tonomous Research analyst Ryan Tu-
nis. What’s more, the data coming
from cars, while helpful, may not be
all that necessary.
“Seventy percent to 80% of drivers
are what are called clean, meaning
they just haven’t really had any acci-
dents in five years,” says Tunis. “You
don’t need user [data].”
Yet getting it right has proved to be
remarkably difficult in recent years.
Give Me a Lift
Selling insurance could help get shares of GM and Ford out of the doldrums.
Allstate Ford Motor General Motors
500%
400
300
200
100
0 could add $15 billion—or 30%—to
-100
2014 ’15 ’16 ’17
Source: FactSet
BARRON’S
Geico’s ubiquitous gecko has been far
less visible of late as the insurer
struggles to improve its underwrit-
ing, while State Farm in February
reported a record $13.2 billion under-
writing loss for 2022.
Even Progressive, which was
thought to have fewer issues, saw its
stock fall almost 7% on April 13 after
the company revealed that its com-
bined ratio—a measure of insurance
payouts relative to premiums—came
in at 99%, meaning that it had paid
out nearly all of its premiums during
the quarter. (Much of the miss was
attributed to the insurer’s expansion
into new businesses, where its ana-
lytics aren’t as developed.)
Together, they demonstrate just
how difficult the business is, even for
companies that have been doing it for
years. “What [start-ups] miss is they
come with this idea of auto insurance
being a relatively simple product,”
Tunis says. “Believe it or not, autos, of
all the P&C lines…is the most chal-
lenging.”
C
ar makers are taking a stab
at it anyway. Tesla, for one,
underwrites its own insur-
ance in 12 states and even
has its own insurance subsidiaries,
among them Tesla General Insur-
ance, Tesla Insurance, and Tesla
Property & Casualty. In its 2022 an-
nual report, Tesla said that it uses
“real-time driving behavior in select
states, and offers rates that are often
better than other alternatives and
promotes safer driving.” And Tesla
Progressive S&P 500 Index
’18 ’19 ’20 ’21 ’22 ’23
April 24, 2023
may have an advantage over the leg-
acy insurers, at least when it comes
to the property side of electric vehi-
cles. EVs are still relatively new and
don’t have a fully developed aftermar-
ket supply chain, and Tesla knows
how to fix EVs and how much it will
cost better than anyone.
“We’re currently at a $300 million
annual premium run rate as of the end
of last year,” said Tesla Chief Financial
Officer Zachary Kirkhorn on the com-
pany’s fourth-quarter earnings confer-
ence call in January. “We’re growing
20% a quarter, so it’s growing faster
than the growth in our vehicle busi-
ness.”
Auto makers, though, don’t have
to go as far as underwriting their
own insurance. For now GM is acting
like a broker—connecting buyers
with insurance companies. GM’s
“OnStar does not write the business
on its own paper and sells auto insur-
ance nationwide,” says Jukka Lip-
ponen, president of Independent In-
surance Analysts. “OnStar also sells
homeowners insurance through part-
ners.”
Going the brokering route would
reduce GM’s addressable market by
roughly a factor of 10—to $30 billion
from $300 billion—but there is still
enough money to matter. GM has
roughly 17% of the U.S. market for
new cars. If it were to manage a data
sale or earn an insurance commission
on all of the cars it sells, it could
amount to $5 billion in annual, high-
margin cash coming in the door. Even
a fraction of that would be meaningful
for a company that has generated
roughly $4 billion in free cash flow a
year on average over the past five
years.
“I prefer GM’s approach of just
selling the policies and taking a com-
mission off the top without having to
commit a lot of capital into a highly
regulated industry and taking under-
writing risk,” Lipponen says.
Either way, the allure of insurance
is easy to see. Progressive and All-
state, combined, trade for 16 times
their combined operating income of
almost $7 billion they have averaged
over the past thee years. If GM and
Ford could generate even $1 billion in
operating income from insurance, it
their market values using the same
valuation.
Insurance may not be as sexy as
software and self driving, but for GM
and Ford, boring could be beautiful. B
 April 24, 2023
Detroit Has Big Ambitions.
The Austin of the Midwest?
The Motor City is in the midst of a long-awaited turnaround,
fueled in part by a reimagining of its manufacturing legacy
BY AL ROOT
D
ETROIT—This city’s
massive Beaux-Arts
train station southwest
of downtown once ri-
valed New York’s Grand
Photograph by Brittany Greeson
Central Terminal in grandeur and
vitality. But in 1988, Michigan Central
was shuttered—a symbol of the Motor
City’s decline and that of its Big Three
auto makers. Now, it’s a symbol of
revitalization as the city looks to
become the Austin of the Midwest.
Such a recovery would have
seemed impossible just 10 years ago,
when Detroit was forced to file for
bankruptcy protection.
At the time, the city’s population
stood at roughly 700,000, down from
its peak of more than 1.8 million in
the early 1950s, when American auto
makers ruled the world. Regional
unemployment rose from below 4%
in 1999 to more than 16% during
the 2008-09 financial crisis, when
General Motors (ticker: GM) and
Chrysler sought bankruptcy protec-
BARRON’S
tion. During that span, a drive from
Ford Motor’s (F) headquarters in
Dearborn, Mich., to GM’s Renaissance
Center main offices in downtown
Detroit was populated by a dismal
stretch of closed businesses.
Over the past decade, Detroit
Mayor Mike Duggan has helped steer
a comeback, in part by doubling down
on the city’s manufacturing strength.
The Big Three are now a Big Two—
Chrysler has gone through several
metamorphoses and is now part of
Italian-French-American Stellantis
(STLA)—while Ford and GM are look-
ing to thrive as they pour billions of
dollars into the development of elec-
tric and autonomous vehicles—and
millions into the city, as well.
Downtown has been revitalized,
with Detroit’s four pro-sports
Joshua Sirefman, franchises—which are in rebuilding
above, is CEO of modes of their own—clustered within
Michigan Central.
Detroit’s former
it. Their venues are surrounded by
train station is now boutique hotels and restaurants that
a hub of transporta- blend Midwest manners with an inter-
tion innovation for
auto makers Ford national flair. A combination of politi-
and GM and others. cal will and business acumen are
23
helping to revitalize a city that had
been given up for lost.
Detroit’s current leaders “under-
stand that when you have 90 years of
population slowdown, there isn’t one
solution,” says Dan Pitera, dean of the
school of architecture and community
development at the University of
Detroit Mercy. Pitera was part of the
Detroit Works Project, started in
2010, that gathered stakeholders to
create a vision for what the rundown
metropolis could become. “Detroit is
creating a web of solutions,” he says.
Duggan, a Democrat and lawyer by
training who ran Detroit Medical Cen-
ter before turning his sights on the city,
first needed to make sure that Detroit
could perform the basic tasks of gov-
ernment, such as picking up the trash,
and that residents could get the other
services they needed. “Some of this
was really boring,” says Duggan, who
won the 2013 mayoral campaign de-
spite having to run in the primary as
a write-in candidate. “We got street-
lights on; we got ambulances to show
up; we got grass cut.”
From there, the challenge was to
redevelop the economy. Duggan didn’t
think that Detroit could compete for
bioscience jobs with Boston or tech
positions with Silicon Valley. But it
had a long history of manufacturing
expertise, so he made it easier for
manufacturers to open plants and
hire—negotiating directly with GM,
Chrysler, and parts suppliers to keep
existing facilities running while they
opened new ones. “We have one thing
going for us,” Duggan says. “We are a
manufacturing center.”
Duggan also knew that the city
had to attract the young workers
who would help build the cars of the
future—the engineers and software
designers who were flocking to San
Francisco and Austin, Texas. They
weren’t going to be attracted by a
traditional automotive company with
layers of vice presidents stacked one
upon another. Detroit literally needed
a new working environment. And
that’s where William Clay Ford Jr.
came in. “Bill found the train station,”
Duggan says.
Since 1979, in one way or another,
Ford has been connected to the com-
pany that his great-grandfather Henry
founded. Today, he serves as executive
chairman. After stepping down as Ford
CEO, he formed venture capital com-
pany Fontinalis Partners in 2009 to
invest in the future of mobility. He was
struck by the firm’s focus on the West
24
Making a Comeback
A healthy labor market and a lower cost of living position Detroit as an attractive
city for business.
Unemployment rates
Detroit-Dearborn-Livonia
U.S.
30%
25
20
15
10
5 making streets more safe and efficient
0 150
2013 ’15 ’17 ’19 ’21
*Base years 1982-1984=100
Coast, with a smattering of interest in
ventures back East and some overseas.
“There was really nothing coming from
Michigan,” recalls Ford.
Economic research has shown that
building a cluster of regional exper-
tise can help spark development. A
key benefit is a deepening labor mar-
ket in a common industry, making it
easy for people to move—seeding
other organizations with their knowl-
edge. Think banking and finance in
New York, tech in Silicon Valley, or
biotech in Boston.
It has also worked in Austin,
which has become a hotbed of tech
investment 30 years after some
Apple (AAPL) operations arrived
in the region, followed by other tech
and telecom businesses. Venture
capital investment followed, and has
grown at more than 40% annually,
on average, over the past five
years. Businesses have been drawn
by Texas’ lack of a state income tax,
as well as by Austin’s cost of living,
which is below that of Boston, Chi-
cago, Los Angeles, and Phoenix.
Detroit’s living costs are also below
those cities’, though Michigan does
have an income tax.
“The best way to get creative and
to have new ideas and to have collab-
oration take place is when you have
an intersection of people who have
lots of different thoughts, different
ideas, different ideas, different back-
grounds,” Ford says. And that’s
where projects such as Michigan
Central come in.
No longer a train station, the
grand building had been abandoned.
It was burned out, flooded, and cov-
Urban consumer price indexes*
Detroit-Warren-Dearborn
San Francisco-Oakland-Hayward
350
300
250
200
’23 2003 ’05 ’10 ’15 ’20
Source: Bureau of Labor Statistics
ered in graffiti—some of which is
being preserved as art. Ford realized
that restoring the station could serve
not only as a symbol of Detroit’s re-
birth, but also as a place that could
help the auto maker build its future.
He got Ford Motor to commit $1 bil-
lion to develop the old train station
and adjacent book depository. The
depository—which once housed De-
troit’s public-school records, books,
and supplies—is slated to open in the
first half of 2023. The station will
open at the end of the year, with
ample office space and public spaces,
plus studios for design and prototyp-
ing of mobility-focused enterprises.
BARRON’S
F
ord will use part of the space
for some of its engineering,
marketing, information tech-
nology, and strategy staff. The
facility should eventually be home to
thousands. Google parent Alphabet
(GOOGL), a founding partner of the
Michigan Central project, is investing
in local computer-science training and
curriculum. Newlab, a tech incubator
that brings together inventors, space,
equipment, and access to early-stage
investors, will operate two “studios”
at the book depository. One will be
dedicated to street accessibility, that is,
for passenger vehicles, buses, trucks,
and pedestrians, including the dis-
abled. The second will focus on EVs
and other clean-mobility technology.
“Here, we can pull together the
policy makers, the big companies, the
start-ups, the researchers,” says Alisyn
Malek, managing director of Newlab
Detroit, who believes that the city is the
right place to build the future of trans-
portation. “One of [the reasons] has to
do with just the ability to build stuff,”
says Malek. “The future of mobility is
still tied to physical objects.’’
The physical objects, though,
Both Ford and GM are changing. The modern electric-
see a lifeline in the
electrification and vehicle industry started as a curiosity,
automation of cars. and few in Detroit saw it as an existen-
Below, a Ford F-150
Lightning pickup
tial threat. Now, Tesla (TSLA) is the
truck being built at world’s most valuable car company,
the Ford Motor and GM and Ford and most other car
Rouge Electric Vehi-
cle Center, or REVC, companies around the world are racing
in Dearborn, Mich. to catch up, aiming to sell millions of
April 24, 2023
EVs a year by the end of this decade.
Today’s cars already require a huge
amount of software, with computers
for cruise control, fuel economy, all-
wheel drive, and, in EVs, the flow of
power from the batteries to the motor.
Car businesses are competing for soft-
ware engineers not only with Tesla,
but also Alphabet, Microsoft (MSFT),
Meta Platforms (META), and just
about every other tech organization.
If Michigan Central succeeds at
creating a hub of transportation and
mobility innovation, it would be a boon
not only for the city, but also for GM
and Ford. For a decade, their stocks
have traded, on average, at about seven
times estimated next year’s earnings,
while the S&P 500 index has fetched
18 times. The culprit: stagnant growth.
GM’s auto sales in 2023 are expected to
hit $151 billion, nearly unchanged from
$152 billion in 2013, as the company
has focused on profitability over vol-
ume. Ford is expected to have $154
billion in sales this year, up from $139
billion in 2013, amounting to just 1%
annual growth over the past decade.
Both companies see a lifeline in the
electrification and automation of cars.
GM aims to generate $280 billion in
sales by the end of the decade, includ-
ing $90 billion from EVs and $80 bil-
lion from new businesses, including
autonomous-driving services and fea-
tures. It controls Cruise, which oper-
ates a fleet of self-driving taxis in San
Francisco. GM is taking what it learns
from Cruise and applying it to passen-
ger vehicles.
Ultra Cruise, GM’s most advanced
driver-assistance system, with capabili-
ties beyond the company’s current
Super Cruise, is expected to debut in
the 2024 Cadillac Celestiq, an ultra-
luxury sedan with a likely base price of
$300,000. Fully self-driving technol-
ogy could one day be a subscription-
based service offered in all GM models.
Detroit must attract skilled workers
as it aims to become the Midwest’s
technology hub. It has a forward-
thinking mayor, and high-profile
CEOs in GM’s Mary Barra and Ford’s
Jim Farley. Tech companies might also
find Detroit and its environs attractive,
given living costs and wages lower than
Silicon Valley’s.
Nothing is assured, but Downtown
Emily Elconin/Bloomberg
Detroit offers a tantalizing hint of a
brighter future. The number of resi-
dents in the 1.4-square-mile area from
I-75 to the Detroit River bottomed in
1980 around 4,100. Today, about 6,200
people live there—a 51% increase. B
April 24, 2023 BARRON’S 25

BY NICHOLAS JASINSKI

P R O F E S S I O N A L I N V E S T O R S F AV O R B O N D S

OVER STOCKS FOR THE NEXT 12 MONTHS,

ACCORDING TO THE BIG MONEY POLL.

THE BIG GE ST RISK TO THE MARKET: RECE S SION.

26 BARRON’S April 24, 2023

roubled times on Wall Street have

given way to muddled times. Investors
expect the Federal Reserve to cut in-
terest rates later this year, but Fed
officials have indicated that’s far from Describe your investment outlook for U.S. equities in Is the U.S. stock market
the plan. Economists are predicting a the next 12 months. overvalued, undervalued, or
recession, yet unemployment is lodged fairly valued at current levels?
near record lows. And even as compa- 47% 45%
nies warn of leaner days, analysts are
forecasting record earnings for 2023.
No wonder trading is somnolent,

36%
and investors lack conviction. Their consternation comes across clearly in
Barron’s latest Big Money poll, and was evident in conversations with 8%
many respondents. Only 36% of the professional investors we surveyed
in the past month describe themselves as bullish on the outlook for stocks Neutral Overvalued Fairly valued Undervalued
over the next 12 months. The same percentage say they are neutral, while
the remaining respondents, 28%, put themselves in the bearish camp.
“The remainder of the year is going to be a battle between earnings Are your clients
coming down [and] a moderating interest-rate picture as the Fed gets bullish, bearish, or neutral
closer to being done with rate hikes,” says Ted Bridges, CEO and chief about U.S. stocks?

36%
investment officer of Omaha, Neb.–based Bridges Trust, who stands with 6%

28%
the bulls. “That process could be marked by a lot of volatility, as inves- Bullish
tors get comfortable with where earnings are going to be and then decide Neutral
on the right valuation to apply to those earnings.” Bullish Bearish 31%
In the fall, toward the end of one of the worst years ever for U.S. Bearish
stocks, 40% of managers were bullish. But the pros are enjoying decent 63%
market gains this year, which might have tempered the Big Money re-
spondents’ optimism about the future. The S&P 500 index is up 8%, to
about 4130, led by growth stocks, while the Bloomberg U.S. Aggregate
Bond Index has returned about 3%.
Bullish managers see the S&P 500 gaining 1% through the rest of this Where do you expect the What is the biggest risk stocks will face in the next six
year, and 8% through June 30, 2024, to reach 4450. The bears expect the following market measures to months?
index to fall 13% from its current level through year end, and to lose 8% trade as of Dec. 31, 2023, and
through the middle of next year, sinking to 3801. June 30, 2024, if you are... U.S. recession 24%
Rising interest rates/tightening
Bonds have more fans among the Big Money managers than they’ve had financial conditions 23%
in recent years, due to the juicy yields now on offer. Indeed, 52% of manag- Disappointing corporate earnings 20%
BULLISH 12/31/23 6/30/24
ers expect bonds to deliver a higher return than stocks in 2023. Other defen-
Slowing economy 9%
sive plays are also in vogue: The managers’ mean forecast calls for gold to hit DJIA 33,753 35,698
a record high within a year of $2,106 an ounce, up from $2,007 last week. Systemic financial problems 9%
S&P 500 4187 4447
Barron’s conducts the Big Money poll twice a year, in the spring and Higher inflation 8%
fall, with the help of Beta Research in Woodbury, N.Y. We survey institu- Nasdaq 12,353 13,435
Composite Other 7%
tional investors across the country about their views on the economy,
markets, and investing. Some 130 managers participated in the latest
BEARISH 12/31/23 6/30/24
poll, which closed in early April. Which asset class will 95%

T
DJIA 30,035 31,422
provide a higher return 48% 52%
he interest-rate outlook is the key variable for most investors S&P 500 3598 3786 in the next 12 months?
these days—namely, will the Fed keep raising rates to cool in- 5%
In the next five years?
flation, or pause, or pivot to lower rates as prices fall and the Nasdaq 10,371 10,998
Composite Stocks Bonds 12 Months Five Years
economy weakens? Two-thirds of poll respondents see the
federal-funds rate finishing the year at 4.5% to 5.25%, versus a current
target range of 4.75% to 5%. In other words, the central bank is almost
done hiking, but investors shouldn’t count on rate cuts this year.
“I don’t think anybody would disagree that the Fed was slow to react to
inflation going up,” says Josh Frazier, chief investment officer at Frazier
Financial Advisors, near Columbus, Ohio. “Now there is a fear—rightfully How concerned are you about the health of the... Do you approve of regulators’
placed—that they may be slow to react to inflation coming down.” response to recent bank troubles?
Very concerned Somewhat concerned Not concerned
Most Big Money managers expect an inflation rate of 4% to 5% in 1%
66%
2023, as measured by the consumer price index, with inflation then fall-
ing to about 3% in 2024. Only 9% of respondents expect inflation to be at 20% 15%
21%
or below the Fed’s 2% target next year.
34%
About 24% of managers see U.S. real gross domestic product contract- ...largest ...regional
ing this year; 38% expect the economy to expand by about 1%, and 38% U.S. banks? U.S. banks?
expect growth of 2% or more. Casey Nelsen, principal at Alta Capital 78%
Management in Salt Lake City, sees a mild recession starting in late 2023
65%
or early 2024. “Consumer balance sheets look good for now, but they’re Yes No
April 24, 2023 BARRON’S 27

trending in the wrong direction as pent-up savings dwindle,” Nelsen

says. “Things could get worse if the unemployment rate starts to go up.
Economists will tell you that all the Fed rate increases over the past year
are just starting to impact the broader economy.”
Describe your current asset allocation. Which asset class do you consider most Almost a quarter of poll respondents call a U.S. recession the biggest
attractive today? risk to the stock market in the coming months, while 23% cite rising in-
62%
terest rates and 20%, disappointing corporate earnings.
Equities 40% Other investors are more sanguine: “I don’t see a prolonged recession
21%
9% 8% Fixed income 19% coming,” says David Hartzell, president and CEO of Cornell Capital
Cash 12%
Management, near Buffalo, NY. “Most of my clients have businesses, and
Equities Fixed Cash Other*
they’re really bullish. Main Street USA looks pretty good; they’re upbeat
Gold 9%
Income and positive and looking forward to another good year.”
Commodities 9% While the failures of Silicon Valley Bank and Signature Bank, plus trou-
Is your weighting in each of these asset classes ble at First Republic Bank (ticker: FRC), rattled the market in March,
Other 11%
higher or lower than six months ago? briefly giving rise to fears of financial contagion, most Big Money managers
Higher Lower aren’t concerned about the health of the nation’s largest and regional banks.
Which major equity markets look What’s more, 66% approve of regulators’ response to the banking turmoil.
57% 60% 56% 51% 49% attractive now? “It seems to me that the S&P 500 saw its bottom in October, and I
43% 40% 44%
don’t think we’ll see a major retest,” says Dan Chung, CEO and chief
investment officer at New York–based Alger. “We’re approaching the end
49% 43% 34% 17% 14%
of the Fed rate-hike cycle….This is the beginning of a new bull market
and the reassertion of growth stocks leading the market again.”
Equities Fixed Cash Other* U.S. Europe Emerging China Japan Still, valuations aren’t pricing in much room for error. At 18.4 times
income markets
forward earnings, the S&P 500 is cheaper than it was a year ago, but
*Alternatives, convertible bonds, precious metals, real estate, and other
well above its average of 15.7 times in the past 20 years. Only 8% of re-
Which major equity market will perform spondents called the U.S. stock market undervalued, while 47% consid-
Which equity sector do you currently favor best in the next 12 months? ered stocks overvalued.
most? An adverse economic outcome could prompt the Fed to lower interest
rates as soon as later this year, boosting the market’s price/earnings ratio,
42% 21% 20% 12% 5% but that isn’t a winning strategy for stocks, either, the managers say.
Much will depend on the magnitude of a potential earnings decline.
U.S. Europe Emerging China Japan “The market’s move down last year was primarily one of valuations
25% markets getting compressed by rising interest rates,” says Mark Keeling, senior
21% 19%
10% 9% vice president and financial advisor at Wealth Enhancement Group, in
Which equity category will perform best San Francisco. “What we haven’t seen yet is what could be another move
Information Energy Healthcare Industrials Financials
in the next 12 months? down from earnings growth slowing or even going negative.”
technology

B
Large-cap Mid-cap Small-cap ased on the Big Money managers’ mean forecasts, the S&P 500
stocks stocks stocks
could earn about $213 a share this year, which would be around
46% 54%
Which investment
approach will 1.4% below last year’s total. At this early date, the managers
perform best in the 53% 23% 24% expect 9% growth in profits in 2024, to $232.
Growth Value
next 12 months? investing investing A soft landing, in which the Fed tames inflation without pushing the
economy into a recession, seems unlikely to many pros. “That would be a
neat trick for the Fed to thread that needle,” Keeling says. “We’re rooting
Which fixed-income category do you currently favor most? Predict the level of S&P for it, but we’re not counting on it.”
500 earnings for... More likely is a higher-rates-for-longer backdrop, says Bob Morgen-
47% 17% 8% 7% 7% 5%
2023 thau, principal at Spears Abacus Advisors in New York. That would im-
ply inflation and interest rates both holding above the ultralow levels

U.S.
Treasuries
U.S.
investment-
grade
corporate
Municipal
bonds
TIPS
(Treasury-
inflation
protected
U.S.
high-yield
corporate
bonds
Convertible
bonds $212.98 seen in recent decades. “We’re transitioning to a new era and going from
a monetary cycle to an employment cycle,” Morgenthau says. “The dis-
connect between financial assets and the real economy that we’ve had
over the past 40 years, and especially since the global financial crisis, is
2024
bonds securities) reversing. The real economy will be stronger than the financial markets.”

Describe your fixed-

income allocation by
Where is the best place to park
cash today?
$232.02 If rising wages weigh on corporate profit margins, which reached a
70-year high last year, investors will need to be more discerning, Mor-
genthau says. “We’re looking at companies that are the most efficient
users of capital or those that don’t really need much capital to continue to
duration. expand their businesses,” he says.
Money-market
43% Predict the levels of
mutual funds Morgenthau points to tech giants Apple (AAPL), Microsoft (MSFT),
Short term
Short-term U.S.
the following 12 months
(<3 years)
government bond funds
34% from now. and Alphabet (GOOGL) as the kind of capital-efficient companies with
61% wide moats that can hold their premium valuations and continue to grow
Medium term Treasuries 9%
(4-10 years) Oil, Nymex (per barrel) $78 earnings. Visa (V) and Mastercard (MA) fit the bill, as well, but Morgen-
Certificates of 8% thau prefers cheaper stocks in the payments space: Fidelity National In-
Long term deposit Gold (per troy ounce) $2,106
29% formation Services (FIS), Fiserv (FISV), and Global Payments (GPN).
(>10 years) High-yield savings 4%
8% accounts Bitcoin $24,587 Twenty-five percent of Big Money investors call technology their fa-
28 BARRON’S April 24, 2023

vorite sector, compared with 21% who favor energy and 19% who prefer
healthcare. Keeling is among the healthcare bulls, and is a fan of pharma
and insurance shares. Healthcare stocks have declined this year, he
notes, making valuations more attractive, and he likes their defensive
attributes. People still must take their medications and receive medical Predict the growth rate of real U.S. GDP in What will the two-year Treasury note
care, whether the economy is in recession or not, he notes. 2023 and 2024. and 10-year Treasury note yield one year
Longer term, aging demographics in the developed world and improv- from now?
2023 2024
ing access to medical care in emerging markets will boost demand for Two-Year 10-Year
drugs and services. There is also plenty of technological innovation go- 40%
ing on, from new ways of delivering care remotely to advanced tech- 2.25% or less
3%
30% 1%
niques for developing treatments.
As for energy stocks, several poll respondents cited projected short- 20% 2.50%
3%
2%
falls in supplies of oil and natural gas during a protracted transition to
renewable energy in coming years. That should keep energy prices high 10%
6%
2.75% 6%
enough to support ample industry profits and strong shareholder re- 0%
turns, bulls predict. The Big Money managers see little change in oil’s 15%
3.00% 14%
price over the next year. Their mean 12-month forecast is $78.23 a barrel, 0% 1% 2% 3% 4%
or less or more
about where oil trades today. 7%
3.25% 11%
Chung points to the continued strength of the U.S. job market—the un-
employment rate was at 3.5% in March—and sees the Chinese consumer Predict the year-over-year U.S. inflation rate 15%
3.50%
taking the baton should U.S. consumer spending slow. That dynamic was (CPI) at year-end 2023 and year-end 2024. 24%
clear in LVMH Moët Hennessy Louis Vuitton’s (MC.France) results for 12%
2023 2024 3.75%
the latest quarter, when sales in China took off, while those in the U.S. 10%
were relatively flat. Ditto for Nike (NKE). That dynamic should keep con- 50% 18%
4.00%
sumer-discretionary revenue aloft, he says, while cost-cutting from many 17%
companies and easing supply-chain issues help with profit margins. 40%
4.25% 6%
“Consumer stocks might sound odd if you think we’re going into a 5%
30%
recession,” Chung says. “But the drivers [of earnings growth in the sec-
4.50% 6%
tor] don’t depend on growing revenues. Margins will improve with cost- 20% 2%
cutting, and the comparisons to last year are relatively easy.”
10% 4%
Chung is bullish on Amazon.com (AMZN), in particular, and con- 4.75%
2%
sumer-discretionary shares exposed to travel and experiences, including 0%
5%
Airbnb (ABNB) and Booking Holdings (BKNG). 5.00% or more
6%
Las Vegas Sands (LVS), bigger in Macau than in its namesake city, 2% 3% 4% 5% 6% 7%
or less or greater
and Formula One Group (FWONK) will benefit from a continued re-
bound in travel, Chung says. Formula One should also get a more lucra- Will the U.S. Dollar Index (DXY)
tive U.S. television-rights deal after its current contract expires in 2025, What will the federal-funds rate be at the strengthen, weaken, or stay the same in
due to the sport’s newfound popularity from the Netflix (NFLX) series end of 2023? the next 12 months?
Formula 1: Drive to Survive and more U.S. races.
3.5% or below 7% Strengthen

T
here is more enthusiasm for bonds among Big Money manag- 3.75% 4% Weaken
20%
23%
ers than there has been in years. Bridges is focused on the 4.00% 9% No Change
lower end of investment-grade credit and some high-yield is- 4.25% 9%
sues, where returns exceed those on Treasuries, and he has 4.50% 16%
been extending duration in recent months to lock in yields. “I know I can 4.75% 14%
run out and get more than 5% on a T-bill for six months,” Bridges says.
5.00% 22% 57%
“The 5% is fantastic, but the problem is the six-month part.”
5.25% 14%
Other managers similarly are cheering the yields on offer these days,
while taking a more conservative approach to the fixed-income portion 5.50% or above 5%
of their portfolios. “It’s fantastic that you can finally earn a rate of return
on fixed income,” says Morgenthau. “But I’m boring when it comes to
bonds: highest credit quality, stay short [duration.] You can’t get rich Are you beating the
buying bonds, so you better not get poor, either.” S&P 500 this year?
Nearly half of poll respondents called Treasuries as the most attractive Yes No Not Applicable
fixed-income category today, followed by U.S. investment-grade corporate
How would you grade the performance of the Federal
bonds. The managers generally remain short in duration, with a mean allo-
Reserve in achieving its dual mandate of maximum
cation of 61% to bonds with maturities under three years, and a weighting 53% 57% employment and price stability?
of only 8% to paper with maturities over 10 years. That’s a baby step toward
extending duration, compared with that evident in last fall’s Big Money poll. 33% 33%
While stocks have rebounded somewhat after a punishing 2022, and
37% 30% 19%
bonds once more offer ballast, 2023 has been a tough year for investment
12%
pros. Only 53% of Big Money managers say they are beating the S&P 500. 10% 13%
Blame it on the same conflicting signals that gave rise to the spring 3%
Professionally Personally
poll’s indecisive readings. Alas, with stocks still pricey and the Fed’s path
uncertain, there is no guarantee that clarity will prevail. B A B C D F
April 24, 2023
F UN DS
These 6 Income
Funds Use Options to
Pump Up Their Yields
A
hot exchange-traded
fund from JPMorgan
Chase has reinvigo-
rated the formerly
sleepy category of
options-writing eq-
uity funds.
The JPMorgan Equity Premium
Income ETF (ticker: JEPI) has mush-
roomed to $24 billion since its incep-
tion nearly three years ago. It’s now
the largest actively managed equity
ETF, after attracting $6.6 billion of
inflows this year and almost $13 bil-
lion in 2022. The fund owns a group
of about 100 blue-chip stocks, led by
AbbVie (ABBV), Progressive (PGR),
Mastercard (MA), and Hershey
(HSY), and sells, or writes, call op-
tions against the S&P 500.
The big lure of the ETF and similar
funds is, unsurprisingly, income. The
ETF has a trailing 12-month yield of
11%, way above traditional dividend-
oriented funds and ETFs, which yield
in the 3% range.
The difference is the income pro-
duced by the sale of call options. The
funds give up appreciation potential in
return for options income. They are
best suited to retirement accounts be-
cause the options income tends to be
treated as a short-term gain and thus
taxed as ordinary income, according to
New York tax expert Robert Willens.
Call options allow the holder to buy
a stock or index at a fixed price during
a set period. Call-option sellers pocket
premium income but relinquish the
ability to benefit from gains above the
strike price of the options.
“The strategy works in many market
environments,” says Hamilton Reiner,
BARRON’S
a manager of the JPMorgan Equity
Premium Income ETF. The fund
should do well in “range-bound mar-
kets” because of ample options income.
That income also should offer some
protection in down markets. “It won’t
outperform but will get a good chunk
of the gains in an up market,” he says.
The ETF aims to generate 75% of a
BY ANDREW rising market’s total return with a beta,
BARY or expected volatility relative to the
market, of 65%. It has nearly matched
the S&P 500’s total return since its
inception in May 2020. During 2021, it
returned 21%, about 75% of the S&P
500’s total return, and it protected
investors last year, losing just 3%,
against an 18% loss in the S&P 500,
helped by options income and a portfo-
lio that bested the index.
This year hasn’t been as good. The
fund is up 3%, way behind the S&P
500’s 8% total return. The ETF tends
Supercharged Income Funds
These six funds use options to increase their yields.
Recent Return
ETF / Ticker Price YTD 2022
JPMorgan Equity Premium Income / JEPI $54.95 3.3% -3.5%
JPMorgan Nasdaq Equity Premium / JEPQ 45.07 13.9 N/A
Global X Nasdaq 100 Covered Call / QYLD 17.30 12.1 -19.1
Amplify CWP Enhanced Dividend 36.23 2.3 -1.5
Income / DIVO
Closed-End Fund / Ticker
Eaton Vance Tax-Managed Global $7.80 5.6% -22.2%
Diversified Equity Income / EXG
Voya Global Equity Dividend and 5.17 -3.0 -5.0
Premium Opportunity / IGD
S&P 500 8.7% -18.1%
Note: Data through April 19; N/A=not applicable
The funds are an alternative for investors who
want high current income and are willing to give
up varying amounts of upside on stocks.
to write options that are 2% to 4%
above the S&P 500 level, leaving room
for appreciation potential.
All these funds face a trade-off. The
closer the options are to market levels
when written, the higher the income
but the lower the appreciation poten-
tial. Eric Boughton, a portfolio man-
ager at Matisse Capital, which invests
in closed-end funds, urges caution.
“Call writing reduces the volatility
of these funds as compared to the
stock market, but it also acts as a drag
on returns relative to the stock market
in most time periods,” he says. “In
general, call writing limits upside par-
ticipation in market gains much more
than it protects against market down-
side pain.”
The success of the JPMorgan Equity
Premium Income ETF has spawned
the JPMorgan Nasdaq Equity Pre-
mium ETF (JEPQ), which has grown
to $2.1 billion in less than a year. It has
a higher yield of about 12%, reflecting
greater volatility of leading Nasdaq
stocks like Microsoft (MSFT), Apple
(AAPL), and Alphabet (GOOGL).
When market volatility is high, options
prices are higher, and that results in
more income for the funds. Overall
volatility as measured by the Cboe Vol-
atility Index, or VIX, is now about 17,
lower than the average of recent years.
Other sizable ETFs in the category
include the $7 billion Global X Nas-
daq 100 Covered Call (QYLD) and
Amplify CWP Enhanced Dividend
Recent Expense
2021 Yield Assets (bil) Ratio
21.5% 9.7% $24.2 0.35%
N/A 12.1 2.2 0.35
10.4 11.7 7.2 0.60
22.9 4.6 2.9 0.55
31.5% 8.5% $2.6 1.07%
29.1 9.3 0.5 0.99
28.7%
Sources: Morningstar; Bloomberg
29
Income (DIVO).
There also is a large group of
closed-end funds pursuing the strat-
egy, including Eaton Vance Tax-
Managed Global Diversified Equity
Income (EXG) and Voya Global Eq-
uity Dividend & Premium Oppor-
tunity (IGD).
The funds pursue varying strategies
based on portfolio composition and use
of options. The Amplify fund owns a
portfolio of about 25 quality stocks—
many of which are in the Dow Jones
Industrial Average—led by Microsoft,
UnitedHealth Group (UNH), Visa
(V), and Chevron (CVX).
Amplify founder Christian Magoon
says the fund, with a five-star rating
from Morningstar, differs from some
peers because it writes options against
only a portion of its portfolio.
That results in a lower yield of about
5%, but it helps generate strong perfor-
mance in rising markets—such as in
2021, when it returned 22.9%. It also
held up well last year, returning nega-
tive 1.5%. It’s up about 2% this year,
appreciably behind the market.
The Global X ETF has an income
focus because it writes at-the-money
options on the index. That can generate
nice income but at the expense of ap-
preciation potential. The ETF badly
trailed the Nasdaq 100 in 2021, return-
ing 10%, against 27% for the index.
This year, it’s up about 12% against a
20% gain in the index.
Boughton says investors could con-
sider closed-end funds with interna-
tional stock exposure, since they trade
at some of the deepest discounts in the
category.
The Eaton Vance fund holds a port-
folio of high-quality global stocks led
by Microsoft, Alphabet, and Apple,
and writes options against a portion of
the portfolio—roughly 50% at year
end. The fund, at around $8, has a
yield of 8.5% and trades for a 9% dis-
count to its net asset value.
The Voya Global Equity fund, at
about $5 a share, yields 9% and trades
at a 13% discount to NAV. It writes op-
tions against about half of its portfolio.
While global is in its name, over 60%
of its stockholdings are in the U.S., led
by Johnson & Johnson (JNJ), AbbVie,
and Merck (MRK). B
30
T E C H T R ADER
Worth Watching: Netflix
Starts a New Chapter
BY ERIC J. SAVITZ
N M
etflix kicked off tech earnings
season with a puzzle box of a
quarter. It took some searching,
but there were important data
points inside.
On the surface, things didn’t look so
good. Both first-quarter results and sec-
ond-quarter guidance were a little disap-
pointing. For the first quarter, revenue
was in line with estimates, but up just
4%, while net new subscriber growth was
1.75 million, about 500,000 below analyst
forecasts. As for the current quarter, the
outlook fell shy of the Street consensus on
revenue, profit, and subscriber growth.
Even still, the Netflix (ticker: NFLX)
story is in transition and should reward
patient investors.
The company has launched two initia-
tives intended to boost growth—an adver-
tising-supported subscription tier and a
crackdown on password sharing. The
early signs are promising, but it might
take a few quarters for the impact of the
programs to show up in financial results,
leading to some uncomfortable year-over-
year comparisons in the short term.
Netflix has already launched the pass-
word crackdown—it calls the program
“paid sharing”—in four markets: Canada,
New Zealand, Spain, and Portugal. The
company said the pattern in these mar-
kets is for some subscriber losses up
front, with a rebound soon after, as Net-
flix-less freeloaders pay up for their own
accounts. Netflix said that in Canada it
now has more subscribers and faster rev-
enue growth than before it began paid
sharing. It says there are 100 million
households watching the service without
paying anything, which is a ripe opportu-
nity for growth beyond its current sub-
scriber base of 233 million.
Meanwhile, the company is making
solid progress on its advertising strategy.
Netflix said that in the U.S. its ad-based
plans are generating more revenue per
BARRON’S
subscriber than the standard subscrip-
tion plan. (That standard plan is $15.49 a
month, and the ad-supported plan is
$6.99 a month. The math suggests the
company is generating more than $8.50 a
month in ad revenue per subscriber.)
Netflix noted that its ad-supported tier
has about 95% of the same content as its
ad-free plans. This month it will boost
video quality on the ad-backed service
while adding the ability in some markets
to watch two concurrent streams. Citi-
group analyst Jason Bazinet estimates the
ad-supported tier could boost Netflix’s
subscription base by 65 million.
There were other positives coming out
of the earnings report. Netflix lifted its
forecast for 2023 free cash flow to $3.5
billion from $3 billion, and said it would
keep its 2024 content budget flat with this
year, at $17 billion. Additionally, it expects
revenue growth to accelerate in the sec-
ond half as paid sharing and advertising
gain traction.
Meanwhile, Netflix repurchased $400
million of stock in the quarter and plans
to get more aggressive on buybacks.
As Goldman Sachs analyst Eric Sheri-
dan notes in his first-quarter review, the
new challenge for Netflix investors is
evaluating the positive effects of the sub-
scriber crackdown and ad rollout inside a
climate that’s getting tougher, from both
an economic and competitive standpoint.
Sheridan kept a Sell rating on the
stock, but notes that passwords and ads
“have the potential to open up avenues of
new subscriber growth” over the long
term. Still, he said most of that is re-
flected in the 39% rally for Netflix shares
over the past six months.
Wedbush analyst Alicia Reese took a
more upbeat view. She has an Outper-
form rating on Netflix and just added the
stock to her firm’s “Best Ideas” list.
Now 25 years into its existence, Netflix
is finding new ways to get more efficient.
And, unlike many of its Big Tech cousins,
it has yet to undertake mass layoffs. B
I N C O M E I N V E ST I N G
Muni Bonds Are Inching
Back. How to Capture 5%.
BY LAWRENCE C. STRAUSS
unicipal bonds, along with
the entire fixed-income
world, faltered last year as
the Federal Reserve raised
interest rates aggressively to fight infla-
tion. But munis, up around 2% on aver-
age this year, are recovering. Some ana-
lysts think there’s still value in the space,
especially in longer-dated bonds.
“The real opportunity is beyond 10
years,” says Duane McAllister, co-head of
the muni team at Baird Advisors, refer-
ring to bonds maturing in 10 to 30 years.
Munis hold appeal for investors in
high tax brackets, since their interest is
exempt from federal taxation and may be
exempt from state or local taxes, if you
live in a state that issues the bonds. For
example, a AAA-rated muni yielding
3.5% would have a tax-equivalent yield of
5.22% at a 33% federal rate for a head-of-
household filer, according to Bankrate. At
a 28% tax rate, the yield falls to 4.86%.
Unlike the Treasury market, long-term
munis yield more than ones at the short
end, thanks to a relatively steep yield
curve. Munis ranked AAA yield around
3.5% for bonds maturing in 25 to 30
years, according to Tradeweb. That com-
pares to 2.8% for a one-year muni and
2.3% for a 10-year bond.
David Hammer, head of muni portfo-
lios at Pimco, sees value in high-quality
bonds maturing in 15 years or longer.
Those bonds, along with lower-rated
munis, still haven’t recovered fully from
last year’s selloff, he says. Daniel Close,
head of munis at Nuveen, also likes the
long end of the curve, noting that it “was
hit the hardest in 2022, leaving it with
attractive value as the Fed approaches a
pause in rate hikes.”
Investors are starting to claw back
some of last year’s losses. The $32 billion
iShares National Muni Bond exchange-
trded fund (ticker: MUB) is up 2% this
year, including interest, following a 7.4%
April 24, 2023
decline in 2022. Much of the selling pres-
sure in munis may have washed out,
based on mutual fund flow data that
showed net gains for funds through mid-
February.
Like the rest of the bond market, mu-
nis could get a lift as the Fed winds down
rate hikes; while one more is expected in
May, and possibly another in June, the
Fed is widely expected to pause after that
or even cut a little toward year end. In
theory, longer-term munis should be big-
ger winners as rates stabilize or fall.
There is still risk in long-term debt,
which is the most sensitive to rates. If
rates climb across the bond world, owing
to higher fears of inflation, munis won’t
be spared. The potential for a harder eco-
nomic landing is increasing, says Ham-
mer, which could pressure tax revenue
and hurt muni prices. Still, state and local
taxes have performed better than ex-
pected, he adds, and are up substantially
overall from pre-Covid levels.
Compared with Treasuries, long-term
munis may offer more value. A 30-year
AAA muni yields around 85% of a com-
parable Treasury, compared with 55% for
two-year bonds. That makes the long-term
muni a better after-tax deal, says Lyle Fit-
terer, co-head of munis at Baird.
Funds tend to be categorized as na-
tional or single-state; if you’re in a rela-
tively high-tax state like California, New
York, or New Jersey, you can save a bit on
taxes with those state funds.
Among actively managed national
mutual funds, one standout is Vanguard
Long-Term Tax-Exempt (VWLUX). Up
2.9% this year, the fund yields 3.5% and
has an expense ratio of 0.09%. It beat
88% of its rivals in the past 15 years, ac-
cording to Morningstar.
Another strong performer is the
American Funds Tax-Exempt Bond
Fund of America (AFTEX). The fund
yields 3.1% and has an expense ratio of
0.50%. It’s up 2.4% this year, with 15-
year returns beating 90% of rivals. B
April 24, 2023
THE EC ONOMY
Stocks Cruise as ‘Rates
Run for the Lifeboats.’
Is an Iceberg Ahead?
L
ong ago, Hank Wil-
liams sang, “We live
in two different
worlds, dear,” and
so it seems with the
stock and bond mar-
kets. Like the old
country tune, the two inhabit dis-
tinctly disparate economic environ-
ments, which might be hard to recon-
cile. On the equity side, everything
seems copacetic, as implied by the
subdued reading in the VIX, the so-
called fear gauge, which measures
the expected volatility of S&P 500
options over the next 30 days. But
the MOVE, the analog for the Trea-
sury market, is showing the opposite.
“The MOVE index is quite high
(recession territory) and is consistent
with a volatile economic climate and
financial shocks whipsawing Trea-
sury yields,” writes Stan Shipley, an
economist/strategist at Evercore ISI,
in a client note. “The macro outlook
for equity volatility is closer to a ‘soft’
landing where yields don’t move sig-
nificantly, nor is there an onslaught
of financial shocks whipsawing
equity prices and credit spreads,”
the last referring to the extra yield
on riskier corporate-debt securities
over Treasuries.
“The MOVE, as a measure of rate
volatility, is screaming cognitive dis-
sonance,” writes Harley Bassman,
the inventor of the Treasury market
gauge. “Stocks and credit are smok-
ing cigars on the top deck while the
rates market is running for the life-
boats,” as he put it pithily in an
email.
Volatility gauges in all of the
BARRON’S
markets spiked sharply in March
with the failures of Silicon Valley
Bank and Signature Bank and atten-
dant fears of a spreading bank crisis.
With the rapid actions by regulators
that appear to have contained the
runs—for now, at least—the stock
and bond measures have come off
their peaks. The VIX had receded
BY RANDALL to about 17 by late last week, close to
W. FORSYTH a 52-week low, and a level associated
with investor equanimity, if not
complacency. But the MOVE has
remained elevated.
Over time, all financial assets tend
to trade in tandem, so the split be-
tween rates and risk markets raises
questions. “The rates market has bet
the ranch that inflation will soon col-
lapse and the Fed will jump one more
time to 5.0%, and then cut twice by
Nothing to Fear?
The VIX, aka the fear gauge for stocks, indicates extreme calm—or complacency—
while its bond counterpart, the MOVE, shows continued worry about the economy.
MOVE Index VIX Index
200%
150
100
50
0 after May’s probable hike. The two
-50
2022
Source: Bloomberg
Nicholas Colas, co-founder of DataTrek Research,
observes that the Fed historically hasn’t lowered
rates when the VIX has been as low as it is now.
December, and five times by May
2024,” Bassman adds. “I don’t buy
that.”
It’s all but certain that the Federal
Open Market Committee will raise its
federal-funds target range by another
quarter of a percentage point at its
May 2-3 meeting, to 5%-5.25%, ac-
cording to the CME FedWatch site.
As of early Friday, the fed-funds fu-
tures market saw an 87% probability
of such a move, and the Fed’s policy-
setting panel has been prone to meet-
ing market expectations.
Such an increase would put the
central bank’s key policy rate in line
with its most recent year-end projec-
tion of 5.1%, set at the March 22
FOMC meeting. And, as Bassman
points out, the futures market is pric-
ing in cuts after that, sometime later
this year, albeit significantly smaller
ones than it envisaged last month in
the wake of the SVB failure.
But the Fed historically hasn’t
lowered rates when the VIX has been
this low, writes Nicholas Colas, co-
founder of DataTrek Research, in a
report. Given that the VIX apparently
has been distorted to the downside
by the proliferation of zero-day-to-
expiration options, he cites tighter
corporate credit as corroboration of
the equity market’s relaxed mood,
implied by the fear gauge’s reading.
Corporate debt spreads have been
’23
31
held in check by relatively benign
conditions, apart from a few credit
problems in banking and finance and
some high-yield issuers, says Cliff
Noreen, head of global investment
strategy at MassMutual. The recent
high volatility in the Treasury market
could reflect the expansion of that
market over the past three years,
along with the end of the Fed’s bond
purchases, aka quantitative easing,
he writes in an email.
The low VIX in part reflects the
market’s expectation that Jerome
Powell & Co. will cut rates later this
year, Colas also observes. But in or-
der for that to happen, he maintains,
there would almost certainly need to
be a spike in volatility from a shock,
such as a geopolitical event or the
onset of recession. Such was the case
after the 1990 Iraqi invasion of Ku-
wait; during the Long-Term Capital
Management crisis in 1998; going
into the 2001 and the 2008-09 reces-
sions; and the 2020 pandemic start.
Something like that would trigger
the “Fed put,” according to Colas.
Absent such an event, the market is
far from telling the monetary author-
ities that there is a need to act, he
adds.
Bassman also doubts that inflation
will break, as implied by the market’s
expectation of rate cuts, given a con-
tinued tight job markets because of
baby-boomer retirements and cur-
tailed immigration. Deutsche Bank
economists write that core services
inflation remains high, even with
housing costs starting to cool.
Healthcare costs will probably boost
the personal consumption deflator,
the Fed’s favored inflation measure,
which could then feed into labor
costs, they add.
Minutes of the March Federal
Open Market Committee meeting
show that the central bank’s staff
anticipates a mild recession, starting
later this year. Yet the FOMC’s pro-
jection is for no rate cuts by year end
different worlds of bond and stock
investors may collide in the months
ahead. B
email: randall.forsyth@barrons.com
32
Q&A
This Fed Watcher
Urges a Pause
In Rate Hikes
BY MEGAN CASSELLA
F
or much of 2022, economists
chided the Federal Reserve
for waiting too long to
tighten monetary policy to
tame inflation. Nine interest-
rate hikes later, a growing
chorus of economists, Clau-
dia Sahm among them, is warning the
central bank that it’s now time to stop
tightening—and that the consequences
of not doing so could be severe.
Sahm, an independent macroeco-
nomic consultant, spent a dozen years
at the Fed before becoming a leading
adviser to lawmakers as they crafted
an economic policy response to the
Covid-19 pandemic. She is perhaps
best known as the eponymous codifier
of the “Sahm rule,” which she created
while at the Fed. It says that when the
three-month average in the unemploy-
ment rate rises half a percentage point
or more above its low in the prior 12
months, the economy is in the early
months of a recession.
The Sahm rule has never applied
outside of a formal downturn, and it
isn’t indicating a recession as of now.
But Sahm worries that the Fed’s own
economic projections, which show
unemployment rising to 4.5% by the
end of this year, up from 3.5% cur-
rently, could suggest that one is on the
horizon. “That’s a really fast clip,” she
says of the pace of the forecast rise. “If
you’ve got that much momentum go-
ing, I don’t understand what stops it.”
Sahm spoke with Barron’s several
BARRON’S April 24
An Interview With Claudia Sahm
Independent Macroeconomic Consultant
times in the past month about whether
a downturn seems likely this year,
why the Fed should pause its mone-
tary-policy tightening, and whether
generous fiscal-stimulus policies are
to blame for high inflation. An edited
version of these conversations follows.
Barron’s: Where is the U.S. econ-
omy heading?
Claudia Sahm: Recessions don’t tend
to have a Wile E. Coyote moment
where the bottom falls out of nowhere.
They tend to have something that
pushes us over the cliff. Whether it’s
the dot-com bubble bursting, mort-
gages melting down, the pandemic
showing up—something happens.
That was the big concern with Silicon
Valley Bank’s collapse—that’s exactly
the kind of thing that, if it snowballs,
can bring it all down, because the
economy was already slowing.
If we don’t have something that
comes out and just slams us, well, yes, banking turmoil added in terms of toward—more of a slow burn, which
things are slowing. But the labor mar- tightening financial conditions. But, would be unusual—isn’t a scenario in
ket is strong. There is still a chance as [Fed Chair Jerome] Powell said at which I think they would cut.
this won’t go to a really bad place. last month’s news conference, it didn’t
help. I’m pretty close to 50/50 on the That brings us to the Sahm rule, an
You were an outlier among econo- chances of a recession. economic indicator you developed.
mists for a while, pushing back What I feel more confident about— It posits that when the three-
on predictions that a recession was and in this, I’m at odds with the month average of the unemploy-
imminent. So far, you have been market—is that the Federal Reserve ment rate rises half a percentage
right. Do you see higher odds of a isn’t going to cut interest rates. They point or more above its low for the
recession now, if not a deep one? won’t cut until inflation has come prior 12 months, the economy is in
At this point, a recession is the most down. If something really bad happens the early months of a recession.
likely outcome. I can’t quite read—and to push the economy into a recession, How did you develop the Sahm
I’m not alone in this—how much the inflation could fall toward zero, and rule, and what is it telling us now?
then the Fed would lower rates. But the To more effectively fight recessions, I
Photograph by JARED SOARES sort of recession we seem pointed proposed automatically sending stim-
4, 2023 BARRON’S 33

“Going too fast [on interest-rate hikes] risks the strong recovery in the labor
market. That isn’t a risk the Fed should be taking.” Claudia Sahm

ulus checks to families as soon as a
recession began. To do so, I needed a
reliable, data-driven indicator that one
had begun. What is now called the
Sahm rule was my solution to that
problem.
The Sahm rule tells us where we
are right now, not where we are going.
So, that is the first thing: It isn’t pre-
dictive. Also, the rule is based on a
pattern; it isn’t a law of nature. But it
is highly accurate, and has been trig-
gered in the early months of every
recession, and never triggered outside
of a recession, since 1970.
That said, think of every empirical
pattern that has broken in the past
three years—it’s a long list. For exam-
ple, we had two quarters of negative
[gross domestic product] in 2022, and
didn’t have a recession. [A recession
is often, but not officially, defined as
two consecutive quarters of negative
growth.] So, one recession indicator
that has worked forever broke. If there
were ever a time for the Sahm rule to
break, this would be it, because the
world doesn’t make sense.
What leads you to think the Sahm
rule could be invalidated now?
Covid created big imbalances in the U.S.
economy, such as an abrupt shift from
spending on services to spending on
goods, and millions of workers drop-
ping out of the labor force. “Getting
back to normal” is complicated and may
push up the unemployment rate some
without pushing us into a recession.
Note that 4% unemployment, which
would trigger the Sahm rule, is still low.
The Fed raised rates by a quarter
of a percentage point at its March
policy meeting, and the market is
betting on a similar rate hike in
May. What do you think the Fed
should do in May?
Pause. Give the world a chance to
catch up with what it has been doing—
and it has done a lot. The Fed raised
interest rates 4.75 percentage points
within one year—the fastest increase
since [former Fed Chair Paul] Volcker
lifted rates in the early 1980s. Powell
has been clear that the economy has
started into a disinflationary cycle.
Going too fast risks the strong recov-
ery in the labor market. That isn’t a
risk the Fed should be taking.
You were supportive of Powell’s
reappointment as Fed chair in
2022. Yet, you have been fairly
critical of Fed policy over the past
year or so. Where have you dis-
agreed with the Fed’s approach?
I am concerned that the Fed is under-
estimating the risks to workers from
going too fast and too high with
interest-rate hikes. The Fed has a
dual mandate of stable prices and
maximum employment, and it must
pursue both. In addition, the Fed ap-
pears to be putting its credibility as an
inflation fighter—which no ordinary
person questions—above all else, even
its credibility in keeping the banking
system safe and sound. Hiking again
in March during the banking crisis
was incredibly risky.
How would you assess Powell’s
performance as Fed chair?
I have a lot of respect for Powell’s com-
mitment to doing the right thing. I dis-
agree with many of the judgments of
the Fed, and he is the leader of the Fed.
The decisions reflect his thinking. But
there are no good choices here, and he
is honest about that.
One thing Powell hasn’t done, un-
like one of his predecessors, Ben Ber-
nanke, is say publicly, “We can’t do
this alone. We need Congress to help.”
The Fed alone didn’t have the tools to
engineer a strong recovery from the
2008-09 recession. Interest rates just
aren’t powerful enough. Quantitative
easing wasn’t going to cut it.
Powell had a moment [in his recent
hearing before the Senate Banking
Committee] in which he tried to say,
“Interest rates are our tool to curb de-
mand. We don’t want unemployment,
but it’s the one tool we have.” Congress
also has tools that can work to curb
demand and pull some money out of
the economy. But he didn’t cross that
line and ask for help. Fed officials don’t
cross it often. But he should have.
Powell has done nothing that makes
me question his commitment to public
service. I just don’t agree with some of
the decisions he has made.
You strongly supported the gener-
ous federal spending and Covid pol-
icies passed during the pandemic.
Critics say this spending was a ma-
jor contributor to inflation. Do you
still stand by that support?
I absolutely support the policies. As
with any piece of legislation, any pro-
gram put together on the fly in a crisis,
we will say later about some of the de-
tails, “Yeah, we could have done this
better.” I wouldn’t have put the biggest
checks at the end; I would have put
them at the beginning. And I would
have made them automatic.
[Sahm is a leading proponent of
automatic stabilizers, which would tie
fiscal-relief efforts directly to economic
conditions so that money could flow—
or stop flowing—without direct action
from lawmakers. In 2020, she helped
draft legislation that would have tied
enhanced jobless benefits to unemploy-
ment rates, allowing the aid to continue
for individual workers for a set amount
of time, depending on how widespread
unemployment was in their state.]
Things like the expanded Child Tax
Credit, part of the American Rescue
Plan, helped a lot of families, particu-
larly those at the bottom. People were
able to save money and pay down debt.
The payday lender closest to my house
shut down in late 2020. I was very
happy to see that.
How do you counter critics of all
that stimulus spending?
We are going to debate this forever.
Much of the Covid-related legislation
was passed in the midst of a crisis. It
wasn’t perfect, and to some extent it
contributed to inflation. But consider
the times: When the American Rescue
Plan was passed, the unemployment
rate was over 6%. When government
stimulus was passed in prior reces-
sions, the unemployment rate was
below that. No one knew at the time
how the pandemic would play out.
Plus, there are other factors that
cut supply and drove up demand. One
reason the labor market is strong is
that people died from Covid, reducing
the number of workers. Older individ-
uals used the pandemic as an opportu-
nity to retire. We shut down immigra-
tion at the border.
All the labor shortages drove up
wages. They created demand. At the
same time, when the economy shut
down, people couldn’t spend. That
pent-up demand had nothing to do
with the American Rescue Plan.
I am open to the idea that the Rescue
Plan had mistakes. It is important to
learn lessons from this; the paint isn’t
dry. But it is already clear that the relief
helped families and helped the labor
market recover. Inflation is a hardship;
the lack of a paycheck is a tragedy, or a
disaster, for a family.
Thank you, Claudia. B
34 BARRON’S April 24, 2023

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April 24, 2023
MARKET WEEK
MARKET PERFORMANCE DASHBOARD
Dow Jones Industrials
33,808.96
52-wk: -0.01% YTD: +2.00% Wkly: -0.23%
Calm Before the Storm
Stocks drifted higher on
Monday ahead of a deluge of
first-quarter earnings reports.
House Speaker Kevin
McCarthy laid out a debt-
ceiling plan during a
speech at the NYSE.
Monday
Source: Barron’s Statistics
THE TRADER
The Market
Appears
Sanguine.
It Just Might
Be Right.
BARRON’S 35
April 17 through April 21, 2023
Euro Trader P. 38 Charting the Market P. 41
Striking Price P. 39 Winners & Losers P. 43
Inside Scoop P. 40 Market View P. 44
13D Filings P. 40 Statistics P. 45
Power Play P. 40
S&P 500 Nasdaq Composite Invesco S&P 500 Equal Weight ETF
4133.52
52-wk: -3.24% YTD: +7.66% Wkly: -0.10%
12,072.46
52-wk: -5.97% YTD: +15.34% Wkly: -0.42%
$144.92
52-wk: -4.90% YTD: +2.60% Wkly: +0.19%
4%
Seeing Red Mixed Messages
Lackluster economic data April manufacturing and
on Thursday morning raised services data beat forecasts
recession concerns. Major on Friday, although both
indexes closed lower, showed little sign of inflation 2
dragged down mostly by easing. Stock indexes had
growth-oriented shares. a choppy day to end the
week lower.
Micro-Driven Trading
Tuesday’s earnings parade
included results from Bank
of America, Goldman Sachs, -2
Johnson & Johnson, and
Netflix. Despite big moves
under the surface, stock
indexes closed flat.
-4
Tuesday Wednesday Thursday Friday Close
F
or the stock market, Covid peak, but growth is slowing Wells Fargo. “We think you need to
earnings represent
the sum of all fears.
But if they don’t play
with it: First-quarter gross-domestic-
product expansion is set to fall to
1% from 2.1% last year when it’s re-
have a pretty aggressive repricing”
of risk assets.
And yet the stock market seems to
out the way bearish ported on April 27. And since higher be just fine. The S&P 500 index fell
investors think they rates operate with a lag, the full ef- 0.1% this past week, while the Dow
will, shares’ next fects of the rate hikes probably ha- Jones Industrial Average dropped 0.2%
move could be higher.
At any given moment, earnings
ven’t been felt yet, raising the possi-
bility of a recession.
and the Nasdaq Composite lost 0.4%.
Still, all three are in positive territory
expectations reflect everything that’s
happening in the world, from the
economy and the Federal Reserve to
BY JACOB
SONENSHINE
A recession would clobber corporate
earnings far more than analysts cur-
rently expect. The aggregate earnings-
for the year, with the S&P 500 up 7.7%.
The rally has made stocks far more
expensive than they were at the start
interest rates and geopolitics. Right
now, most of the fear stems from
per-share result for S&P 500 compa-
nies this year is expected to come in at
of the year, with the S&P now trading
at 18.3 times forward earnings, up from
expectations about the economy. The
Fed has lifted interest rates to tamp
$218, up a touch from last year’s $216,
but a recession could cause it to decline
16.7. While that could be a sign that
investors are paying too much for fu-
down inflation by reducing economic
demand, and so far, that seems to be
year over year—and stocks to tumble.
“We don’t know how bad that
ture profits, it could also indicate that
the market is confident that they’ll be
working. The rate of inflation has downturn will be,” says Chris Har- better than analysts are predicting.
been cut almost in half from its post- vey, chief U.S. equity strategist at And for the moment, first-quarter
36 BARRON’S April 24, 2023

reporting season appears to be going swim- slows. The stock market’s rally, too, shows
mingly. Earnings from S&P 500 companies that investors are less worried and have
that have reported have come in almost 5% less need for the American currency as a

See what you are above analysts’ estimates as of Friday,

according to Evercore. While those that
have topped their numbers are getting
haven. These factors have weighed on the
U.S. Dollar Index, which has dropped
about 10% from a multidecade peak

missing out on! rewarded, those that miss aren’t being pun-
ished all that much. Companies that have
announced earnings and sales that beat
expectations have gained 2.3%, versus
an average advance of 1% over the past five
years. A double miss has resulted in a mere
1.8% drop, versus an average 2.9% decline.
4.33%* That could be a sign that the worst for the
economy is actually over. And that possibil-
ity—for the moment, at least—is showing up
in analysts’ forecasts. About 76% of compa-
nies in the MSCI USA Index have seen up-
wardly revised earnings estimates for the
next year, according to Ned Davis Research.
That’s the highest level in 10 months and up
from a recent low of just under 60%, and it
could be a sign that estimates have bottomed
and are ready to rebound.
“The increasingly positive revisions rate
makes it more likely that, after close to two
years of increasingly pessimistic earnings
sentiment, investors will buy on expecta-
tions of better earnings ahead,” writes Tim
Hayes, chief global investment strategist at
Ned Davis Research.
Call it complacent, call it shortsighted,
call it just plain stupid, but sometimes the
stock market is right to shrug off what
feels like a pressing concern. This might
reached in late September.
There’s more room for the buck to fall.
It’s near 100, a key level of support where
buyers have stepped in several times in the
past year. If those buyers don’t show up
this time, the dollar could lose support,
which could open the door to a drop to
roughly 95, according to John Kolovos,
the chief technical strategist at Macro Risk
Advisors.
That would be good news for the stock
market. A weaker greenback means that
overseas sales for companies based in the
U.S. will translate into more dollars when
they’re converted back from foreign curren-
cies. With 60% of S&P 500 revenue coming
from overseas, that would be a tailwind for
U.S. corporate profits. In fact, the S&P 500
averages a 1.3% gain in months when the
dollar index falls, dating back to 1985, ac-
cording to Dow Jones market data, versus
a mere 0.2% gain when the buck rises.
Individual stocks can do even better. Cat-
erpillar (ticker: CAT), Nvidia (NVDA), and
Micron Technology (MU), which get at
least half of their sales overseas, have been
rising as the dollar has dropped. Caterpillar
stock is up a bit more than 35% from the
date of the buck’s peak in late September,

0.45% be one of those times. while Nvidia has doubled and Micron is up

0.35% 5 Stocks for a Falling Dollar

The U.S. dollar has been dropping—and
0.01% that benefits companies that get a large
chunk of their sales from overseas.
Everything has been working against the
greenback of late. Bond yields have fallen
IBKR SCHW AMTD ETRAD along with the rate of inflation. The fixed-
income market appears to be anticipating
that the Fed will stop raising interest rates
The best-informed investors choose Interactive Brokers as soon as this summer as the economy
about 20%. All three stocks have outper-
formed the S&P 500 over that period,
though Caterpillar is down 7.2% this year.
The dollar’s decline isn’t the only reason
for the rally. Nvidia, for instance, has bene-
fited from the rise of ChatGPT, as artificial
intelligence requires more computing
power, while economically sensitive Cater-
pillar is likely getting a boost from China’s
reopening. Still, the three stocks gain about
3.2%, on average, in months when the dol-

Vital Signs
Friday’s Week’s Week’s Friday’s Week’s Week’s
Close Change % Chg. Close Change % Chg.
DJ Industrials 33808.96 -77.51 -0.23 Barron’s Future Focus 872.92 -5.85 -0.67
DJ Transportation 14413.58 +166.98 +1.17 Barron’s Next 50 2347.19 -44.58 -1.86
DJ Utilities 969.34 +12.87 +1.35 Barron’s 400 925.14 -2.64 -0.28
DJ 65 Stocks 11312.72 +41.49 +0.37 Last Week Week Earlier
DJ US Market 1007.75 -0.77 -0.08 NYSE Advances 1,466 2,032
NYSE Comp. 15578.93 -22.85 -0.15 Declines 1,702 1,124
ibkr.com/dont-miss-out NYSE Amer Comp. 4254.31 -131.48 -3.00 Unchanged 54 75
S&P 500 4133.52 -4.12 -0.10 New Highs 169 132
S&P MidCap 2498.83 +9.36 +0.38 New Lows 95 95
S&P SmallCap 1160.11 -3.60 -0.31 Av Daily Vol (mil) 3,620.8 3,579.0
Member NYSE, FINRA, SIPC. Supporting documentation for any claims and statistical information will be provided upon request. Nasdaq 12072.46 -51.01 -0.42 Dollar (Finex spot index) 101.72 101.55
Graphic reflects rates paid on uninvested instantly available cash in your brokerage account. Competitor rates and offers subject to Value Line (arith.) 8973.80 -3.64 -0.04 T-Bond (CBT nearby futures) 129-29 130-23
change without notice. Services vary by firm. [*] Rate shown applies to IBKR Pro clients only. Long-settled cash balances held in the
Russell 2000 1791.51 +10.35 +0.58 Crude Oil (NYM light sweet crude) 77.87 82.52
securities segment of accounts with NAV>100k earn the stated interest rate 4/5/2023 and those with NAV<100k earn a proportional
DJ US TSM Float 41271.18 -19.10 -0.05 Inflation KR-CRB (Futures Price Index) 270.80 276.22
rate. Cash held in the commodities segment of an account does not earn interest. For more information, see ibkr.com/interestpaid
04-IB23-1618-HP Gold (CMX nearby futures) 1979.50 2002.20
April 24, 2023
Industry Action
Performance of the Dow Jones U.S. Industrials, ranked by weekly percent change.*
Consumer Services
Financials
Utilities
Industrials
–0.76
–0.96
–1.11
–5.57
–2.53
lar slips, suggesting that there may be still
more gains ahead, even though they have
already had massive rallies. (For more on
Caterpillar, see below.)
Investors looking for less-volatile benefi-
ciaries of a falling dollar could consider
Philip Morris International (PM), which
gets all its sales outside the U.S., and Estée
Lauder (EL), which gets 80%. These
stocks average a 3% gain in months when
the dollar falls, but are less volatile than
the broader market because they are far
less tied to broader economic demand.
If the greenback keeps sliding, they
might be the way to go.
Buy Caterpillar Before Earnings
Caterpillar stock has had a rough year—
rough enough that the stock could pop
after it reports earnings on April 27.
Shares of the machinery manufacturer
are down just over 7% in 2023 amid con-
cerns about its profit outlook. Nearly three-
quarters of Caterpillar’s sales come from
construction and energy customers, both
of which will invest less in heavy equip-
ment if their industries continue to slow. As
a result of the decline, the stock now trades
at just 14 times expected earnings per share
for the next 12 months, almost half of its
post-Covid peak of 26 times—a tumble
known as a derating in Wall Street par-
lance—and below the S&P 500’s 18 times.
“The recent derating implies investors
expect negative earnings revisions to com-
mence over the next couple of quarters,”
writes J.P. Morgan analyst Tami Zakaria,
who rates the stock Overweight. “We see
opportunity to own CAT.”
Caterpillar is expected to report a first-
quarter profit of $3.80 per share on sales of
$15.1 billion, and unlike many companies, its
earnings estimates have been going up, not
down. Analysts have raised their 2023 fore-
cast for Caterpillar by just over 4% this year,
BARRON’S 37
1.90%
1.22
1.03
0.44
–0.14 Health Care
Consumer Goods
Technology
Basic Materials
Oil & Gas
Telecommunications
COMMUNICATIONS SERVICES SECTOR
Source: S&P Dow Jones Indices
OF THE S&P 500 IN ONE ETF
in part because of its $30 billion-plus back-
log of orders, about half of 2022’s sales of Visit www.sectorspdrs.com or call 1-866-SECTOR-ETF
$59.4 billion. That means there’s equipment
yet to be delivered and recognized as sales,
An investor should consider investment objectives, risks, charges and expenses carefully before investing. To obtain a
something that should be far easier to do as prospectus, which contains this and other information, call 1-866-SECTOR-ETF or visit www.sectorspdrs.com. Read the
supply-chain constraints continue to ease prospectus carefully before investing.
and the company can produce and deliver All ETFs are subject to risk, including possible loss of principal. Sector ETF products are also subject to sector risks and non-diversification risks, which generally
more dump trucks, backhoes, and other results in greater price fluctuations than the overall stock market. Ordinary brokerage commissions apply.
machinery. The S&P 500 is an index of 500 common stocks that is generally considered representative of the U.S. stock market. You cannot invest directly in an index.
“They’ve been supply-constrained,” says ALPS Portfolio Solutions Distributor, Inc., a registered broker-dealer, is distributor for the Select Sector SPDR Trust.
Edward Jones analyst Matt Arnold. “If they
are able to produce more and deliver more,
that’s typically a setting where margins
improve.”
The counterargument is that the backlog
reflects past customer demand, not the cur-
rent environment. Sales are expected to
grow by a mere 6%, to just over $63 billion,
in 2023, down from 17% in 2022, as price
increases slow and demand for machinery
decelerates. If those dynamics worsen,
Puzzled. Look.
Caterpillar’s operating margin would have
nowhere to go but down. It’s currently
expected to rise to just over 16% this year,
up from 13% in 2022.
Analysts expect an operating profit of
$10.2 billion this year, translating into profits
of $15.92 a share, and the company will have Your morning ritual just got better.
the chance to offer guidance that it’s on track
Introducing Barron's covers jigsaws,
to meet—or beat—that. If it does, the stock
could get a boost because it isn’t currently sudoku and crossword puzzles.
reflecting much optimism about this year’s
earnings outlook. barrons.com/puzzles
The market needs to see that the big-
equipment manufacturer is still on track
to hit those numbers—and if it is, the stock
could get a boost after the earnings an-
nouncement because it’s already cheap.
“You get a lot of potential [stock] perfor-
mance when you have so much negative
sentiment,” says Dave Wagner, a portfolio
manager at Optus Capital Advisors, which
owns the stock.
And that’s potential Caterpillar should © 2022 Dow Jones & Company, Inc. All rights reserved. 4E6049
be able to unleash. B
38
Recognizing
Financial
Literacy Month
We continue to be committed to developing the next
generation of business leaders with a strong focus
on students and diversity. We recognize and thank
the many companies and professional individuals
that sponsor our program, allowing us to bring our
resources to schools at no cost to students.
We invite you to join us in this effort as we continue
to welcome schools and sponsors dedicated to
diversifying the future of business.
For more information, please contact:
BarronsEDU@barrons.com
© 2023 Dow Jones & Company, Inc. All rights reserved. 2EIIE6080
BARRON’S
INTERNATIONAL TRADER
India’s Big Tech Controls
Are Overlooked—for Now
BY CRAIG MELLOW
I
ndia probably surpassed China as the
world’s most populous nation this
month, so far as one can count develop-
ing megastates of 1.4 billion. It marked
the occasion with mixed reviews from the
global corporate elite.
The Asia Internet Coalition, which
unites a dozen luminaries including
Meta Platforms (ticker: FB), Twitter, and
Amazon.com (AMZN), blasted new social-
media controls from Prime Minister Naren-
dra Modi’s government. The rules, which
took effect on April 6, jeopardize “people’s
fundamental right to access information,”
the group said.
Days later, Apple (AAPL) CEO Tim
Cook jetted to New Delhi to shake Modi’s
hand, after opening the iPhone giant’s first
two Indian stores. “We’re committed to
growing and investing across the country,”
Cook tweeted.
The contrasting rhetoric underlines the
crossroads that India has reached as Modi,
72, wraps up his second five-year term and
probably eyes a third in elections next year:
cutting corners on democracy while gun-
ning to be the next-gen growth market as
a richer China slows.
Pluses outweigh minuses for most inves-
tors, for the moment. “I wouldn’t be con-
cerned about authoritarian drift compared
with India’s remarkable infrastructure in-
vestment,” says Rajeeb Pramanik, senior
emerging markets strategist at BCA Re-
search. “People don’t have to walk two
miles to get drinking water anymore. That’s
why Modi has a 67% approval rating.”
That’s of limited comfort to Meta, whose
Facebook and Instagram apps dominate
Indian social media. Meta flagged India,
Bangladesh, and the Philippines as Face-
book’s top drivers of user growth last year.
Delhi’s latest regulations give authori-
ties the right to block any online “misin-
formation,” based on the judgment of the
government’s own Press Information
Bureau. A platform that refuses will incur
April 24, 2023
fines and potentially criminal action
against compliance officers, says Jeff Paine,
the Asia Internet Coalition’s managing
director. “It’s very hard for people to invest
in such an uncertain regulatory environ-
ment,” he comments.
Modi and his Bharatiya Janata Party
have cut other democratic corners in recent
months. India banned a BBC bio-documen-
tary on Modi and arrested college students
who organized a campus screening. Last
month, a court sentenced opposition leader
Rahul Gandhi to two years in jail for “defa-
mation,” after he implied on the hustings
that Modi was a thief. The sentence would
conveniently keep him out of the May 2024
poll.
Modi’s strong-arm tactics can serve the
public, though, as India seeks a great leap
forward toward better railways, roads, and
power grids, says Venkat Pasupuleti, port-
folio co-manager for India at Dalton Invest-
ments. The government announced that
it will hike capital spending by a third this
year, to $122 billion. “Stronger central
power reduces the amount of leakage and
kickbacks,” he says.
Direct electronic payments of state bene-
fits has been another boon to India’s heavily
rural population, who used to have to fight
red tape and skimming middlemen when
their entitlements were doled out in cash.
High valuations leave Pasupuleti cau-
tious on Indian stocks as investors shift
to a rebounding China and other cheaper
markets. But he would dive back in “after
another 10% to 15% correction.”
Investors once embraced similar ratio-
nalizations for Russia’s Vladimir Putin and
Turkey’s Recep Erdogan, leaders less in
markets’ favor now. India can still avoid
following suit, says Perth Tolle, founder
of the Life + Liberty indexes, which rank
emerging markets on freedom, and ex-
cluded India in 2019. “Most investors, in-
cluding me, are surprised that India is not
in the index,” she says. “Their situation is
very dynamic and could turn around.”
Let’s hope so. B
April 24, 2023 BARRON’S 39

T H E ST R IKING PRIC E
The Fed is raising interest rates, but few people
seem to grasp the totality of what happens after
two decades of accommodative monetary policy.

Earnings Season Might Equity Options

Not Be as Calm as It Seems

CBOE Volatility Index The Equity-Only Put-Call Ratio
VIX Close VIX Futures Put-Call Ratio S&P 500 Index
37 235

195
30

BY STEVEN M. SEARS was widespread call buying in the financial 155

sector in anticipation that good earnings

T
he future is on trial. from one top bank would spark sympathy 23
It’s so hard to decipher what is rallies in others. Susquehanna Financial 115
occurring inside and outside of Group options strategist Chris Jacobson
markets that earnings season has calls the trading “ripple exposure.” 16 75
become an unusually high-stakes debate The absence of the typical wait-and-see M J J A S O N D J F M A M J J A S O N D J F M A
over what happens next in the economy. approach to earnings within a sector might Daily Values Source: CBOE Source: McMillan Analysis Corp.
The tense dynamic always exists, but reflect changes in how some investors are
there is little to no margin for error this dealing with low volatility, and the specter
time around. Investors are worried that that stocks will increasingly move with one SPX Skew NDX Skew
stock valuations could decline if corporate another in response to macro events. Implied volatility % Implied volatility %
earnings are worse than expected and Goldman Sachs has advised clients that 13% 12%
analysts lower future estimates. options are implying that the average S&P
12 11
The tribes of Wall Street—analysts, trad- 500 stock will move 4.4%—in either direc-
ers, fund managers, and economists—are tion—on earnings day, down from the long- 11 10
essentially holding hands in a giant circle term average of 5.5%. The expectation that 10 9
and looking at one another in hopes that muted stock moves will continue could be
someone soon deciphers the scene. wrong if analysts lower earnings estimates. 9 8

Everyone knows that the Federal
Reserve is normalizing historically low in-
terest rates, but few people, if any, seem to
grasp the totality of what happens after two
decades of accommodative monetary policy.
The Fed’s rate-setting committee will con-
There isn’t much angst reflected in the 8 7
Cboe Volatility Index, or VIX, which is just
7 6
under 17, below its long-term average of 19.
Massive options funds that sell index op- 6 5
tions could be tamping down S&P 500 vol- M J J A S O N D J F M A M J J A S O N D J F M A
atility, making it seem that investors aren’t Source: Credit Suisse Equity Derivatives Strategy Source: Credit Suisse Equity Derivatives Strategy

clude a two-day meeting on May 3. A quar- worried about stocks. Skew indicates whether the options market expects a stock-market advance or decline. It measures the difference between the implied
volatility of puts and calls that are 10% out of the money and expire in three months. Higher readings are bearish.
ter-point rate hike is expected—and that is The VIX’s low volatility could explain
all that is clear about the rate outlook. the “ripple exposure” trading, as equity-
The mighty bond market, which is con- level volatility is often more robust than Week’s Most Active
sidered more thoughtful and mature than indexes. The VIX implies that the S&P 500 Company Symbol Tot Vol Calls Puts Avg Tot Vol IV %ile Ratio

the histrionic stock market, is often dour index will move about 1% each day, far less BELLUS Health BLU 53327 8118 45209 316 16 168.8
Fgamida Cell GMDA 93205 91282 1923 2592 87 36.0
about the future. The stock market is ner- than its component stocks. United Insurance UIHC 6958 6434 524 228 87 30.5
vous, but not in any major way. The S&P 500 is dancing around critical Prometheus Biosciences RXDX 26335 8553 17782 1280 62 20.6
One insight into investor sentiment can technical levels that tend to intrigue macro Marinus Pharmaceuticals MRNS 15723 15503 220 848 63 18.5
Dragonfly Energy DFLI 18297 17343 954 1300 64 14.1
be gleaned from the options market, which hedge funds. On most days, it seems that Catalent CTLT 129449 95015 34434 10908 95 11.9
is showing some unusual trading patterns they are using futures to bully the index Trupanion TRUP 28099 10934 17165 2728 97 10.3
in the earnings season’s nascent stages. In- below technical resistance levels. Legend Biotech LEGN 6760 5792 968 660 4 10.2
CymaBay Therapeutics CBAY 6367 6200 167 644 17 9.9
vestors normally wager on earnings reports Todd Salamone, a strategist at Schaeffer’s
Arcutis Biotherapeutics ARQT 4138 4039 99 436 39 9.5
by pre-positioning with bullish calls or Investment Research, noted that February’s Global Payments GPN 28953 15476 13477 3628 55 8.0
bearish put options on companies that are 4160 high in the S&P 500 was followed by J. B. Hunt JBHT 24127 14814 9313 3136 18 7.7

reporting. The actual report is then used to a greater-than 7% drop over the next six State Street STT 45639 18538 27101 6144 41 7.4
Algonquin Power AQN 48437 11374 37063 6628 68 7.3
refine trades for peer stocks. weeks. “Bulls and the 4160 level have not LegalZoom.com LZ 5200 5161 39 716 2 7.3
But this time, investors are using one mixed well in recent history,” he said. B Intuitive Surgical ISRG 78684 48289 30395 10976 11 7.2
company’s earnings report as an opportu- Haker Hughes BKR 56483 49704 6779 7988 0 7.1
Cilius Pharmaceuticals CTXR 19656 19589 67 3416 56 5.8
nity to express directional biases with op- Steven M. Sears is the president and chief oper-
Six Flags Entertainment SIX 13555 12865 690 2360 3 5.7
tions on other, related stocks in expectation ating officer of Options Solutions, a specialized
that a bad or good earnings report will asset-management firm. Neither he nor the firm This table of the most active options this week, as compared to average weekly activity – not just raw volume. The idea is that the unusually heavy trading in these options might be a predictor of
corporate activity – takeovers, earnings surprises, earnings pre-announcements, biotech FDA hearings or drug trial result announcements, and so forth. Dividend arbitrage has been eliminated. In
move the sector in the same direction. has a position in the options or underlying securi- short, this list attempts to identify where heavy speculation is taking place. These options are likely to be expensive in comparison to their usual pricing levels. Furthermore, many of these
situations may be rumor-driven. Most rumors do not prove to be true, so one should be aware of these increased risks if trading in these names
Earlier this month, for instance, there ties mentioned in this column. Ratio is the Tot Vol divided by Avg Tot Vol. IV %ile is how expensive the options are on a scale from 0 to 100. Source: McMillan Analysis
40
IN SIDE SC OOP
Delta Air Lines Director
David Taylor Buys Up Stock
BY ED LIN
D
elta Air Lines stock is
on the rise this year, and
director David S. Taylor
just scooped up a large
block of shares of the
airline.
Delta stock (ticker:
DAL) has gained about 4% year to
date, below the 4% rise in the S&P
500 index. In April, Delta’s upbeat
outlook for the second quarter and
year overshadowed a disappointing
first-quarter report. Airlines in gen-
eral expect strong demand in 2023
as travelers return to the skies. It will
certainly be better than in 2022, a year
that Delta CEO Ed Bastian character-
ized as “the most difficult operational
year in our history.”
Taylor paid $167,800 on April 14
for 5,000 Delta shears, an average
price of $33.56 each. According to a
Activist Holdings
Veon (VEON)
Shah Capital reported a stake in
the Netherlands-based communica-
tions firm of 3,504,735 American
depositary receipts, a 5% interest
in the company. Shah Capital deliv-
ered a letter to Veon’s board dated
April 14 outlining a strategy to boost
Veon’s stock price, including the
strategic use of the firm’s roughly
$2.5 billion in cash. Shah Capital
proposes that Veon announce
a $200 million 10b5-1 buyback plan
and “pledge to use 50% of annual
free cash flow” for ongoing repur-
form he filed with the Securities and
Exchange Commission, Taylor now
owns 15,360 Delta shares in a per-
sonal account, and another 46,650
shares through a trust.
Taylor served as CEO of Procter &
Gamble (PG) from 2015 to 2021. He
joined private-equity firm Clayton
Dubilier & Rice last year as an operat-
ing advisor. The firm didn’t make
Taylor available for comment.
Taylor, who joined Delta’s board in
August 2019, last bought the airline’s
stock on the open market in July
2022, when he paid $293,100 for
10,000 shares, an average price of
$29.31 each.
The only other Delta insider stock
purchase this year was in January,
when Chairman Frank Blake paid
$500,000 for 12,880 Delta shares,
an average price of $38.58 each.
Delta is one of Barron’s 10 best
stock picks for this year. B
chases. Shah Capital also believes that
Veon should reduce its debt, both to
cut its interest expense and strengthen
its credit ratings. Additionally, Shah
Capital feels that Veon should spin off
or sell various business units and
“strive relentlessly to be included in all
emerging market indexes and fintech/
telecom” exchange-traded funds. Shah
Capital says Veon can reach a valua-
tion of six times enterprise value/
earnings before interest, taxes, depreci-
ation, and amortization, or EV/Ebitda,
by the end of 2024 if the firm success-
fully implements its recommendations.
Veon ADRs have rocketed more than
60% so far this year, and are up more
than 35% in the past 12 months.
BARRON’S
Purple Innovation (PRPL)
Coliseum Capital holds
46,814,450 shares of the mattress-
and-bedding retailer, equal to
44.4% stake when accounting for
outstanding Class A and Class B
stock. On April 11, Purple Innova-
tion and Coliseum Capital entered
into a memorandum of under-
standing, or MOU, that laid the
groundwork for a cooperation
agreement by April 19. Under the
MOU’s and the agreement’s terms,
Purple Innovation’s board will
increase to eight seats and include
three new appointees, among other
changes. Further, Coliseum Capital
co-founder Adam Gray, who has
served on Purple Innovation’s
board since early 2018, will become
chairman. Scott Peterson, a board
Delta Air Lines observer since last September, will
director David S. be included with Purple Innova-
Taylor just bought tion’s other board nominees during
$170,000 worth the 2023 annual shareholders
of shares of the meeting. The agreement also calls
airline. It’s Delta’s for the settlement of litigation be-
second insider tween Purple Innovation and Coli-
stock purchase seum that was overseen by the Del-
this year. aware Court of the Chancery and
reverse recent stock voting amend-
ments. It also requires Purple Inno-
vation to redeem noninterest pre-
ferred shares issued last quarter as
a stock dividend to the retailer’s
common shareholders. One pre-
ferred share was issued for every
100 common Purple Innovation
shares owned, and carried 10,000
votes each, in response to Coli-
seum’s earlier efforts to nominate
five directors.
These disclosures are
from 13Ds filed with
Increases in
the Securities and
Exchange Commission.
13Ds are filed within
Holdings
10 days of an entity’s
attaining more than Alta Equipment Group
5% in any class of a (ALTG)
company’s securities.
Subsequent changes B. Riley Financial (RILY) boosted
in holdings or inten- its holding in the operator of heavy-
tions must be re- equipment dealerships to 6,793,217
ported in amended
filings. This material is shares, including 653,454 shares
from April 13 through held by B. Riley Financial founder
April 19, 2023. Source:
VerityData (verity-
Bryant Riley. From April 4 through
platform.com) April 17, B. Riley Financial bought
139,000 Alta Equipment shares
ranging in price from $13.49 to
$14.15 apiece. B. Riley Financial
now owns 21.1% of Alta Equip-
ment’s outstanding stock.
April 24, 2023
POWER PLAY
Are Deals
Delayed,
Not Dead?
BY CARLETON ENGLISH
B
ankers and activists are itch-
ing for deals but it’s unlikely
many will come to fruition
soon in a still-challenging
macroeconomic climate.
Activists proposed merger-and-
acquisition-type strategies in 42%
of the campaigns launched in the
first quarter, falling just short of the
46% of M&A strategies sought in
the fourth quarter of 2022, accord-
ing to data provided by Lazard.
However, the first quarter’s per-
centage of M&A-type strategies far
exceeded the 32% seen in the year-
ago quarter.
Many of these strategies called
for companies to divest noncore
assets, as even hard-charging ac-
tivists realized the challenges of
pushing for more ambitious M&A.
But even divestitures require a
buyer on the other side of the
transaction. With interest rates
now high and the economic pic-
ture uncertain, fewer buyers are
willing to bite—even as some valu-
ations have come down after
2022’s market slump.
That challenging dynamic is
likely to hold steady through this
year, according to executives at
Goldman Sachs Group (ticker:
GS) and Morgan Stanley (MS).
While companies have a desire to
do deals to build scale and other
advantages over competitors, so far
this year there has been a lot talk
and little action—the banks saw
first-quarter revenue for invest-
ment banking drop roughly 25%.
“These are revenue delayed, not
dead,” said Morgan Stanley Chair-
man and CEO James Gorman on an
analyst call Wednesday. “Already,
we’re seeing a growing M&A pipe-
line and some springlike signs of
new issuance emerging. That said,
it largely remains a back-half 2023
and full-year 2024 story.” B
April 24, 2023 BARRON’S 41

CHARTING THE MARKET

A graphic look at selected stock activity
for the week ended April 21, 2023
Edited by Bill Alpert

Tesla Sociedad Quimica y Minera de Chile Western Alliance Bancorp SL Green Realty
TSLA (NASD) • $165.08 • -19.92 SQM (NYSE) • $63.44 • -15.76 WAL (NYSE) • $40.59 • 8.93 SLG (NYSE) • $24.08 • 1.15
The electric-car maker’s $23 billion in March-quar- To benefit from electric-car battery demand, The Phoenix-based banker said deposits were Amid fears for its portfolio of Manhattan office
ter sales, and 85 cents a share profit, met fore- Chile’s government wants majority stakes in Chil- rebounding. Relieved investors lifted other regional buildings, the real estate investment trust reported
casts. But price cuts pinched gross margins. ean lithium mines now run by SQM and Albermarle. banks, like PacWest and First Republic. a smaller March-quarter loss than expected.

Stock Price $ Stock Price $ Stock Price $ Stock Price $

367 118 104 78
314 106 84 66
261 94 64 54
208 82 44 42
155 70 24 30
102 58 4 18

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

1096 26 210 40
548 13 105 20
0 0 0 0
A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A

AT&T Nokia Intuitive Surgical Abbott Laboratories

T (NYSE) • $18.22 • -1.71 NOK (NYSE) • $4.22 • -0.68 ISRG (NASD) • $300.22 • 33.20 ABT (NYSE) • $111.66 • 7.70
Cellular subscriber growth slowed in the March A pause in spending on 5G wireless equipment Robotic surgery procedures rose 26% in the March Strong sales of medical devices and recaptured
quarter, and free cash flow fell short. But Morgan caused March-quarter profit to fall 18% at the Finn- quarter, lifting the robot maker’s profit to $1.23 a market share after baby formula recalls helped
Stanley said the share slide is a buying opportunity. ish supplier. Rival Ericsson also saw demand slow. share—and above forecasts. It raised guidance. Abbott offset falling demand for Covid-19 tests.

Stock Price $ Stock Price $ Stock Price $ Stock Price $

23 7 323 128
21 6 294 121
19 5 265 114
17 4 236 107
15 3 207 100
13 2 178 93

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

340 236 20 58
170 118 10 29
0 0 0 0
A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A

Lam Research XPO United Airlines Holdings Eagle Bancorp

LRCX (NASD) • $517.19 • 16.35 XPO (NYSE) • $44.02 • 10.72 UAL (NASD) • $44.45 • 2.78 EGBN (NASD) • $26.88 • -4.35
The semiconductor production-gear maker expects J.P. Morgan and Citi upgraded shares of the freight The airline’s March-quarter loss of 63 cents a share Profits fell from loan-loss provisions for the mid-At-
demand for memory chips to remain weak. But logistics firm to Buy ratings, and liked XPO’s wasn’t as bad as expected. Seeing strong demand, lantic lender’s commercial real estate loans. Eagle
investors feared worse, and like LAM’s positioning. newly-appointed chief operating officer. United aims to earn about $11 a share this year. said its capital is well above regulatory minimums.

Stock Price $ Stock Price $ Stock Price $ Stock Price $

600 48 56 58
539 43 51 51
478 38 46 44
417 33 41 37
356 28 36 30
295 23 31 23

Volume in Millions Volume in Millions Volume in Millions Volume in Millions

22 26 82 4
11 13 41 2
0 0 0 0
A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A A M J J A S O N D J F M A

The charts record the net change in share price, the high, low and closing trades, and share volume for companies with noteworthy stock activity last week. In addition, the graphs depict last week’s daily price activity in detail. The dotted line on some graphs denotes the stock’s 200-day moving average; lack of a moving average means the shares have traded for less than
that time period. If the close from the current week is lower than a year ago the graph will be presented in red. If the close from the current week is higher than a year ago then the graph will be presented in green.
42 BARRON’S April 24, 2023

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April 24, 2023 BARRON’S 43

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NYSE Biggest % Movers NYSE Most Active NYSE American Most Active Nasdaq Most Active
Winners Volume Percentage Leaders Volume Percentage Leaders Volume Percentage Leaders
Name (Sym) Volume Close Change %Chg. Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change Name (Sym) Volume %Chg. Close Change
XPO(XPO) 24180 44.02 +10.72 +32.2 ApolloStratII A(APGB) 27546 876.9 10.28 +0.03 MastechDigital(MHH) 1248 1013.7 9.47 –0.33 BELLUS Health(BLU) 191716 5803.6 14.43 +7.37
GravitasEduc(GEHI) 11 17.77 +3.97 +28.8 AltC Acqn(ALCC) 7836 745.4 10.27 +0.16 inTEST(INTT) 1415 126.8 21.16 +1.07 BlueWorldA(BWAQ) 1375 5165.5 10.52 +0.05
WestAllianceBcp(WAL) 36221 40.59 +8.93 +28.2 HeartlandMediaA(HMA) 2035 705.6 10.43 +0.01 HorizonII A(HZON) 303 84.0 11.31 +0.01 PrimeNumberI A(PNAC) 767 2054.7 10.45 +0.06
Hims&HersHealth(HIMS) 29044 11.68 +1.92 +19.7 OsirisAcqn(OSI) 230 680.0 9.95 –0.01 EVI Industries(EVI) 207 81.8 17.56 –2.10 FatProjectsAcqn(FATP) 1019 1271.2 10.90 +0.47
Westwood(WHG) 65 12.45 +1.85 +17.5 PyrophyteAcqn(PHYT) 2228 591.1 10.57 +0.02 IdahoStratRscs(IDR) 115 78.7 5.97 +0.92 VisionSensingA(VSAC) 705 1144.6 10.55 +0.03
PhoenixNewMedia(FENG) 186 2.63 +0.37 +16.4 JacksonAcqnA(RJAC) 630 530.4 10.33 +0.02 RileyExpln(REPX) 423 65.8 46.47 +0.23 PrometheusBio(RXDX) 25972 967.6 194.07 +80.06
HeritageInsurance(HRTG) 556 3.43 +0.47 +15.9 AthenaTechII A(ATEK) 2189 459.4 10.28 –0.01 AultDisruptive(ADRT) 167 42.4 10.49 –0.02 TreanInsurance(TIG) 9897 891.5 6.16 +0.02
NewOrientalEduc(EDU) 15057 43.02 +5.40 +14.4 KimbellTigerA(TGR) 2779 435.6 10.56 +0.02 AltisourceAsset(AAMC) 102 25.1 82.10 +13.10 AriszAcqnA(ARIZ) 464 785.7 10.41 +0.04
ConstellationI A(CSTA) 524 374.7 10.28 +0.01 MetallaRoyalty(MTA) 987 17.7 5.08 –0.54 TelaBio(TELA) 1156 702.5 9.49 –1.31
Losers LiveOakCrestA(LOCC) 331 362.6 10.12 0.00 Chase(CCF) 139 16.1 108.88 +6.62 UTA Acqn A(UTAA) 1472 675.2 10.45 +0.02
Name (Sym) Volume Close Change %Chg.
ChurchillVII A(CVII) 14802 284.3 10.16 0.00 EquinoxGold(EQX) 13568 12.1 5.00 –0.44 ChainBridgeIA(CBRG) 1958 582.8 10.47 +0.01
FiscalNote(NOTE) 10394 1.86 –0.84 –31.1 LearnCWInvtA(LCW) 924 280.6 10.34 +0.07 CompX Intl(CIX) 35 2.9 18.00 –0.61 JupiterWellnessA(JWAC) 2064 572.5 10.50 –0.10
Mytheresa(MYTE) 888 5.30 –1.96 –27.0 TrineIIAcqnA(TRAQ) 3588 249.2 10.48 +0.01 InfuSystems(INFU) 250 2.2 8.78 –0.72 AuraFatProjectsA(AFAR) 837 546.7 10.48 –0.01
CheetahMobile(CMCM) 152 2.16 –0.59 –21.5 HimalayaShipping(HSHP) 191 214.8 5.80 –0.04 EmpirePetrol(EP) 101 2.0 11.29 –1.40 NewProvidenceII A(NPAB) 1276 513.3 10.41 +0.04
GettyImages(GETY) 2216 5.06 –1.26 –19.9 SOQUIMICH(SQM) 25206 208.1 63.44 –15.76 MexcoEnergy(MXC) 32 1.7 12.30 –0.30 LegendBiotech(LEGN) 15526 399.1 69.70 +16.68
SOQUIMICH(SQM) 25206 63.44 –15.76 –19.9 Catalent(CTLT) 38334 205.4 45.03 –1.29 BattalionOil(BATL) 71 –1.2 6.95 –1.14 ContextLogic(WISH) 26750 362.0 8.52 +0.95
BigLots(BIG) 10051 8.43 –2.01 –19.3 SouthportAcqnA(PORT) 1100 204.6 10.40 +0.02 AcmeUnited(ACU) 34 –2.9 26.99 +1.34 Vaxcyte(PCVX) 15496 351.8 45.12 +8.62
MP Materials(MP) 17092 22.74 –5.26 –18.8 Shift4Paymts(FOUR) 20343 194.2 65.53 –4.70 CoreMoldingTech(CMT) 282 –4.6 19.14 –0.24 LongboardPharm(LBPH) 800 329.9 7.25 +1.17
Li-Cycle(LICY) 6388 4.69 –0.94 –16.7 XPO(XPO) 24180 183.2 44.02 +10.72 TompkinsFin(TMP) 224 –8.7 59.45 –1.30 TarsusPharm(TARS) 1871 329.1 14.95 +3.38
SphereEnt(SPHR) 2719 178.8 25.61 –1.62 MAG Silver(MAG) 3006 –9.4 12.84 –0.99 RelayTherap(RLAY) 26156 324.3 12.74 –4.70

NYSE American Biggest % Movers By Share Volume By Share Volume By Share Volume
Winners Name (Sym) Volume Close Change %Chg. Name (Sym) Volume Close Change %Chg. Name (Sym) Volume Close Change %Chg.
Name (Sym) Volume Close Change %Chg. BankofAmerica(BAC) 351202 29.87 +0.35 +1.2 Tellurian(TELL) 48432 1.36 –0.20 –12.8 BedBath(BBBY) 2280801 0.29 +0.06 +23.3
AltisourceAsset(AAMC) 102 82.10 +13.10 +19.0 AT&T(T) 290115 18.22 –1.71 –8.6 B2Gold(BTG) 45772 4.10 –0.19 –4.4 Tesla(TSLA) 668219 165.08 –19.92 –10.8
IdahoStratRscs(IDR) 115 5.97 +0.92 +18.2 FordMotor(F) 274648 11.81 –0.71 –5.7 AultAlliance(AULT) 37229 0.10 –0.01 –5.1 FaradayFuture(FFIE) 310366 0.22 –0.05 –18.7
AirIndustries(AIRI) 28 3.86 +0.36 +10.3 NIO(NIO) 229564 8.33 –0.94 –10.1 UniqueFabricating(UFAB) 31180 0.17 –0.01 –5.6 Amazon.com(AMZN) 282051 106.96 +4.45 +4.3
Mallinckrodt(MNK) 90 6.00 +0.50 +9.1 KeyCorp(KEY) 206024 11.59 –0.50 –4.1 GeniusGroup(GNS) 20940 1.07 –0.13 –10.8 Apple(AAPL) 248470 165.02 –0.19 –0.1
BluerockHomes(BHM) 77 18.84 +1.32 +7.5 SchwabC(SCHW) 166953 53.80 +3.03 +6.0 UraniumEner(UEC) 19910 2.61 –0.23 –8.1 AdvMicroDevices(AMD) 218778 88.43 –3.32 –3.6
Chase(CCF) 139 108.88 +6.62 +6.5 Nokia(NOK) 166505 4.22 –0.68 –13.9 Senseonics(SENS) 17843 0.64 +0.05 +8.6 NVIDIA(NVDA) 205527 271.19 +3.61 +1.3
BM Tech(BMTX) 211 3.28 +0.19 +6.1 Vale(VALE) 153904 14.27 –1.69 –10.6 NewGold(NGD) 17452 1.29 –0.07 –5.1 BELLUS Health(BLU) 191716 14.43 +7.37 +104.4
inTEST(INTT) 1415 21.16 +1.07 +5.3 Carnival(CCL) 140021 9.38 –0.22 –2.3 Parts Id(ID) 17307 0.35 +0.09 +34.6 GamidaCell(GMDA) 168069 1.60 +0.79 +98.3
Snap(SNAP) 135516 10.01 –0.68 –6.4 DenisonMines(DNN) 15544 1.02 –0.02 –1.9 PrestoAutomation(PRST) 148786 3.61 +2.22 +159.7
Losers WellsFargo(WFC) 125349 41.24 +1.60 +4.0 FOXOTechnologies(FOXO) 15260 0.55 –0.16 –22.1 Nikola(NKLA) 141214 0.92 +0.10 +12.5
Name (Sym) Volume Close Change %Chg.
FirstRepBank(FRC) 123341 14.26 +1.14 +8.7 Globalstar(GSAT) 14979 1.02 –0.01 –1.0 Intel(INTC) 140069 30.30 –1.59 –5.0
Nuburu(BURU) 5010 1.56 –0.85 –35.3 CreditSuisse(CS) 115528 0.89 –0.07 –7.2 SatixFyComms(SATX) 14717 1.45 +0.67 +85.4 Alphabet A(GOOGL) 138488 105.41 –3.46 –3.2
MultiWays(MWG) 746 5.89 –2.30 –28.1 US Bancorp(USB) 112342 33.52 –1.45 –4.1 EquinoxGold(EQX) 13568 5.00 –0.44 –8.1 Rivian(RIVN) 128734 12.25 –1.13 –8.4
SifcoInd(SIF) 78 2.80 –0.81 –22.4 Uber(UBER) 110961 30.83 –0.65 –2.1 Zomedica(ZOM) 13111 0.21 –0.01 –3.3 AmerAirlines(AAL) 123327 13.40 +0.61 +4.8
eMagin(EMAN) 3613 1.93 –0.46 –19.2 PalantirTech(PLTR) 103864 8.18 –0.63 –7.2 RingEnergy(REI) 11326 1.76 –0.25 –12.4 CiscoSystems(CSCO) 117822 47.03 –3.51 –6.9
MaiaBiotech(MAIA) 664 2.95 –0.65 –18.1 Alibaba(BABA) 102659 89.13 –5.42 –5.7 DunxinFinl(DXF) 9436 0.13 +0.02 +16.9 Alphabet C(GOOG) 108255 105.91 –3.55 –3.2
StandardLithium(SLI) 2591 3.50 –0.62 –15.0 Verizon(VZ) 100537 37.32 –1.90 –4.8 MatinasBioPharma(MTNB) 7635 0.61 +0.17 +38.8 AllarityTherap(ALLR) 106330 0.51 –0.93 –64.6
BattalionOil(BATL) 71 6.95 –1.14 –14.1 PetroleoBrasil(PBR) 99823 11.60 –0.46 –3.8 NorthernDynasty(NAK) 7602 0.22 –0.05 –17.2 Microsoft(MSFT) 105945 285.76 –0.38 –0.1
RingEnergy(REI) 11326 1.76 –0.25 –12.4 Getaround(GETR) 93140 0.52 +0.27 +105.7 ProtalixBio(PLX) 7012 2.36 –0.11 –4.5 Lyft(LYFT) 101282 10.44 +0.27 +2.7

Nasdaq Biggest % Movers By Dollar Volume By Dollar Volume

Name (Sym) $ Volume Close Change %Chg.
By Dollar Volume
Name (Sym) $ Volume Close Change %Chg.
Name (Sym) $ Volume Close Change %Chg.
Winners CheniereEnergy(LNG) 828406 150.41 –2.39 –1.6 Tesla(TSLA) 114447304 165.08 –19.92 –10.8
BerkHathwy A(BRK.A) 12742594496404.97 +404.98 +0.1
Name (Sym) Volume Close Change %Chg.
BankofAmerica(BAC) 10533047 29.87 +0.35 +1.2 B2Gold(BTG) 189014 4.10 –0.19 –4.4 NVIDIA(NVDA) 56061491 271.19 +3.61 +1.3
EyePointPharm(EYPT) 25101 9.00 +4.67 +107.9 ImperialOil(IMO) 94355 53.09 –2.81 –5.0 Apple(AAPL) 41188444 165.02 –0.19 –0.1
UnitedHealth(UNH) 9439015 483.82 –27.97 –5.5
BELLUS Health(BLU) 191716 14.43 +7.37 +104.4 Tellurian(TELL) 72287 1.36 –0.20 –12.8 Microsoft(MSFT) 30382808 285.76 –0.38 –0.1
Alibaba(BABA) 9348616 89.13 –5.42 –5.7
TenayaTherap(TNYA) 7059 5.55 +2.68 +93.4 EquinoxGold(EQX) 70376 5.00 –0.44 –8.1 Amazon.com(AMZN) 29404872 106.96 +4.45 +4.3
SchwabC(SCHW) 8929675 53.80 +3.03 +6.0
PrometheusBio(RXDX) 25972 194.07 +80.06 +70.2 UraniumEner(UEC) 53071 2.61 –0.23 –8.1 Netflix(NFLX) 19711830 327.98 –10.65 –3.1
JPMorganChase(JPM) 8605411 140.54 +1.81 +1.3
ReneoPharm(RPHM) 620 10.50 +3.70 +54.4 MAG Silver(MAG) 39560 12.84 –0.99 –7.2 AdvMicroDevices(AMD) 19611544 88.43 –3.32 –3.6
ExxonMobil(XOM) 8383528 116.01 –0.04 –0.0
DiscMedicine(IRON) 1103 31.35 +9.40 +42.8 SilverCrestMetals(SILV) 30607 6.64 –0.40 –5.7 MetaPlatforms(META) 16726864 212.89 –8.60 –3.9
J&J(JNJ) 7458939 162.69 –3.15 –1.9
AcrivonTherap(ACRV) 116 11.74 +3.36 +40.1 inTEST(INTT) 30532 21.16 +1.07 +5.3 Alphabet A(GOOGL) 14511397 105.41 –3.46 –3.2
GoldmanSachs(GS) 5922115 341.66 +4.74 +1.4
PepGen(PEPG) 145 12.55 +3.28 +35.4 EnergyFuels(UUUU) 28932 5.06 –0.32 –5.9 Alphabet C(GOOG) 11427882 105.91 –3.55 –3.2
Visa(V) 5685449 234.05 +0.03 +0.0
Losers Chevron(CVX) 5680017 169.12 –3.32 –1.9 NovaGoldRscs(NG) 27981 5.56 –0.66 –10.6 CiscoSystems(CSCO) 5657762 47.03 –3.51 –6.9
Name (Sym) Volume Close Change %Chg. AT&T(T) 5362834 18.22 –1.71 –8.6 SilvercorpMetals(SVM) 23940 3.62 –0.40 –10.0 Broadcom(AVGO) 5307319 632.90 +13.36 +2.2
TaiwanSemi(TSM) 5231513 85.37 –1.83 –2.1 GeniusGroup(GNS) 23806 1.07 –0.13 –10.8 PrometheusBio(RXDX) 5003638 194.07 +80.06 +70.2
KinnateBio(KNTE) 2398 2.88 –2.58 –47.3
Boeing(BA) 5208354 205.15 +3.44 +1.7 NewGold(NGD) 22645 1.29 –0.07 –5.1 LamResearch(LRCX) 4754969 517.19 +16.35 +3.3
SMXSecurityMatters(SMX) 5118 1.12 –0.98 –46.7
WellsFargo(WFC) 5155924 41.24 +1.60 +4.0 ParkNational(PRK) 22268 109.18 +0.30 +0.3 ASML(ASML) 4647309 634.47 –31.73 –4.8
NearIntelligence(NIR) 4623 3.32 –2.65 –44.4
Procter&Gamble(PG) 4987604 156.07 +5.07 +3.4 RingEnergy(REI) 21234 1.76 –0.25 –12.4 Intel(INTC) 4379585 30.30 –1.59 –5.0
Arrival(ARVL) 4574 2.39 –1.68 –41.3
EliLilly(LLY) 4724674 385.24 +10.51 +2.8 IvanhoeElectric(IE) 19853 11.40 –0.96 –7.8 IntuitiveSurgical(ISRG) 4347891 300.22 +33.20 +12.4
OrchestraBioMed(OBIO) 190 13.99 –7.44 –34.7
BerkHathwy B(BRK.B) 4602616 324.33 +4.59 +1.4 RileyExpln(REPX) 18902 46.47 +0.23 +0.5 Costco(COST) 4154109 506.35 +15.05 +3.1
ViaRenewables(VIA) 527 11.91 –4.65 –28.1
HomeDepot(HD) 4530859 300.04 +7.85 +2.7 SatixFyComms(SATX) 18554 1.45 +0.67 +85.4 EnphaseEnergy(ENPH) 4153185 223.61 +14.71 +7.0
RelayTherap(RLAY) 26156 12.74 –4.70 –26.9
Mastercard(MA) 4471358 375.24 +2.81 +0.8 Seaboard(SEB) 16743 3999.85 +89.86 +2.3 CoinbaseGlbl(COIN) 4063475 59.04 –10.87 –15.5
PreludeTherap(PRLD) 301 6.14 –1.98 –24.4

Includes Common shares only. All figures reflect activity for the most-recent five-day trading week. Share volume figures are expressed in thousands. Volume percentage leaders exclude stocks with average daily volume of fewer than 5,000 shares or priced under $5.
Average volume is based on 65 trading days. Volume figures do not reflect extended trading hours. a-Stock has not been in existence or not been traded for 65 consecutive sessions. S-Stock split or stock dividend amounting to 10% or more. X-Ex-dividend
44 BARRON’S April 24, 2023

RE SEARCH REPORTS
For a look back at more analyst
research and reports, go online to
Barrons.com/researchreports

How Analysts Size

Up Companies
Taiwan Semiconductor that the company will also grow its Insider Transactions
Manufacturing consumer wireline business, due to
Purchases Sales
These reports, TSM-NYSE investment in expanding its fiberoptic $ Val $ Val
excerpted and Company Symbol Insiders Shares (000's) Company Symbol Insiders Shares (000's)
Buy • Price $87.23 on April 19 network Since John Stankey took over Better Therapeutics BTTX 1 4,969,697 7,256 Airbnb ABNB 2 352,750 40,037
edited by Barron’s,
by Needham as CEO in July 2020, execution across Domo DOMO 2 52,500 755 United Therapeutics UTHR 1 120,000 26,972
were issued recently Akamai Technologies AKAM 1 4,416 351 Take-Two Interactive Software TTWO 2 136,702 16,694
by investment and the core telecom operations has im- Brt Apartments
WD-40
BRT
WDFC
2
4
16,316
1,493
302
267
Merck & Co
PTC
MRK
PTC
1
1
134,055
101,298
15,425
12,953
research firms. The Tawian Semiconductor is one of only proved. Stankey initiated the spinoff Applied Digital
Fedex
APLD
FDX
1
1
75,000
1,080
257
249
Moderna
Arista Networks
MRNA
ANET
1
2
80,000
75,858
12,698
12,501
reports are a three companies in the world (along and merger of Warner Media with Dis- Fb Financial
Safeguard Scientifics
FBK
SFE
1
1
6,800
105,017
200
168
Seagen
Vertex Pharmaceuticals
SGEN
VRTX
5
2
46,883
28,867
9,520
9,432
sampling of analysts’ with Intel [INTC] and Samsung Elec- covery and sold part of its declining Delta Air Lines DAL 1 5,000 168 Chargepoint CHPT 1 1,080,162 9,267
Lovesac LOVE 1 5,000 143 Cadence Design Systems CDNS 1 42,500 9,120
thinking; they should Sound Financial Bancorp SFBC 1 3,457 128 Krystal Biotech KRYS 2 100,000 8,765
not be considered
tronics [005930.South Korea]) capable DirecTV and other pay-TV operations. American Strategic Investment NYC 1 8,417 108 Atlassian TEAM 2 51,684 8,491
Fidelity National Information Svcs FIS 2 1,741 100 Five Below FIVE 3 35,906 7,864
the views or of producing sub-10-nanometer semi- AT&T is now solely focused on the Oncternal Therapeutics ONCT 4 230,000 67 T-Mobile US TMUS 1 50,000 7,504
Revelation Biosciences REVB 1 51,500 60 Viking Therapeutics VKTX 4 372,961 7,211
recommendations of conductors. TSMC leads all competi- telecom business. RF Industries RFIL 1 13,302 56 Chinook Therapeutics KDNY 1 295,808 6,138
Joann JOAN 1 27,700 44 Datadog DDOG 1 71,364 4,979
Barron’s. Some of tors in both wafer process and ad- Processa Pharmaceuticals PCSA 1 80,000 40 Science Applications Int’l SAIC 4 45,023 4,835
the reports’ issuers Splash Beverage SBEV 1 29,000 34 Altair Engineering ALTR 2 60,000 4,260
vanced packaging technologies. We
have provided, or
hope to provide, attribute the company’s success to its Citigroup An insider is any officer, director or owner of 10% or more of a class of a company's securities. In most cases, an insider must report any trade to the SEC within two business
days. The tables highlight companies that filed with the SEC through last Wednesday. The tables do not include pension-plan or employee stock-option activity, trades by
beneficial owners of 10% or more, trades under $2 per share or trades under 100 shares. The "Purchases" column includes only open-market and private purchases; the "Sales"
investment-banking foundry business model, and note that C-NYSE column includes only open-market and private sales, and excludes trades preceded by option exercise in the 12 months prior to the reported event. Source: Thomson Reuters

or other services to the economies of scale in a high fixed-
the companies being cost business like foundries favor the
analyzed.
largest players, like TSMC. We expect
TSMC’s foundry business to
strengthen, as we do not foresee a com-
petitive challenge for the next several
years. But TSMC will need to spend
aggressively on R&D and invest in ca-
pacity. In addition, as the world enters
a new era of superpower competition,
the company will need to reduce the
concentration of its manufacturing
operation in Taiwan by building facili-
ties outside its country and its region.
As such, it might not demonstrate
much operating leverage over our fore-
cast horizon. However, we look for
TSMC’s revenue growth, primarily
driven by steady introductions of new
technology nodes largely unaffected by
industry cyclicality, to remain strong
and support a 10%-15% earnings com-
pound annual growth rate over the
next few years. As such, we recom-
mend TSMC as a core holding for in-
vestors who look to invest in semicon-
ductors, which we view as the
foundation of the expanding digital
economy. Price target: $110.
AT&T
T-NYSE
Buy • Price $19.70 on April 19
by Edward Jones
AT&T shares aren’t reflecting the value
of the company’s businesses. We ex-
pect its wireless operations to grow
steadily, as the company has improved
subscriber additions and retention and
is investing in its 5G network. We think
Buy • Price $49.56 on April 14
by BofA Global Research
Citigroup’s first-quarter core earnings
of $1.86 a share beat our and the Wall
Street consensus’ respective estimates
of $1.46 and $1.68. The beat was driven
by stronger preprovision net revenue
growth. Despite the stronger trends,
management left its FY23 guidance of
$78 billion-$79 billion in revenue un-
changed, potentially leaving room for
an upside surprise. Credit trends con-
tinue to normalize, and management
addressed the stickiness of its deposits.
Notably, 50% of them are tied to the
Treasury & Trade Solutions business,
through which Citi provides a complex
set of treasury management services
across the globe, deeply entrenching
the bank with clients and [fostering]
seasoned relationships (about 80% of
clients have been with Citi for 15+
years). Our FY23/24 EPS estimates
rise modestly, to $5.87/$5.72 a share.
We see the risk/reward ratio on Citi
stock skewed to the upside, given rela-
tively low investor expectations, a sub-
tangible book value valuation, and a
CEO who appreciates the need to re-
verse nearly 20 years of subpar share-
holder returns. Price objective: $56.
Dentsply Sirona
XRAY-Nasdaq
Outperform • Price $40.56 on April 18
by Barrington Research
Dentsply Sirona [a dental-supply and
technology company] will report
first-quarter results on May 3. We
Insider Transactions Ratio
Ratio = 22
A M J J
Ratio of Insiders Sales to Buys. Readings under 12:1 are Bullish. Those over 20:1 are Bearish. The total top 20 sales and buys are
234,665,599 and 10,751,137 respectively; Source: Thomson Reuters
conservatively expect $906 million in
overall revenue, 6.5% below the year-
earlier total. That said, we anticipate
material top-line improvement as the
year moves on. We see the company
delivering 37 cents a share in ad-
justed earnings per share in Q1/23,
versus 54 cents in Q1/22. But we an-
ticipate around $62 million of free
cash flow, versus Q1/22’s $49 million.
In December 2022, we argued that
XRAY shares, then below $31, were
mispriced on the low side. We pre-
dicted that several headwinds experi-
enced in 2022, including foreign-ex-
change and supply-chain challenges,
would likely improve in FY23 and
beyond. The past months have only
increased our bullish conviction. The
market seems to agree, as XRAY
shares now trade north of $40. We
think additional upside remains; our
price target is $43.
40
30
Bearish
20
10
Bullish
0
A S O N D J F M A
Agilysys
AGYS-Nasdaq
Outperform • Price $84.41 on April 19
by Oppenheimer
We launch coverage with a $105 price
target. Agilysys is one of the few soft-
ware vendors that provides modern
purpose-built solutions with an open
architecture targeted at the hospitality
industry. We are unaware of any pure-
play hospitality software supplier
comparable to Agilysys in subscrip-
tion growth, margin (based on earn-
ings before interest, taxes, deprecia-
tion, and amortization), breadth of
technology, scale, and customer satis-
faction. And we expect Agilysys’ prof-
itable growth to be sustainable be-
cause of its leading technology vision,
low product penetration, high refer-
enceability, bad legacy competition,
and strong management team.
April 24, 2023 BARRON’S 45

Barron's 50-Stock Average 61 Dow Jones Per Share Values 58 Mutual Funds 55 Week In Stocks 58

DATA
Cash Track 55 Exchange Traded Portfolios 54 N.Y. Stock Exchange 45 Weekly Bond Statistics 60
Charting the Market 41 Federal Reserve Data Bank 60 Nasdaq National Market 49 Winners & Losers Stocks 43
Coming Earnings 59 Foreign Exchange 59 New Corporate Listings 58
Conference Call Calendar 60 Gold & Silver Prices 60 New Highs & Lows 61
Delta Tactical Sentiment 59 Gold Mining Index 60 NYSE Half-Hourly Volume 58
Distributions & Offerings 61 Indexes P/Es & Yields 58 Other Market Indexes 57
Dividend Boosts - Reductions 60 Initial Public Offerings 58 Pulse of the Economy 59
Dividend Ex-Payment Dates 60 Investor Sentiment Readings 58 Stock Splits - Special Dividends 60
DJ Averages 57 Key Foreign Market Indexes 53 Stock Volume 58
DJ U.S. Total Market Industry Groups 59 Market Lab 57 Trading Diary 57
Contact Us
Dow Jones Averages 57 Money Rates, U.S. & Foreign 59 Vital Signs 36 For queries, email us at
Statistics from April 17-21, 2023 memberservices@dowjones.com

NEW YORK STOCK EXCHANGE COMPOSITE LIST - NEW HIGHS - NEW LOWS

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
10.43 9.65 AltC Acqn ALCC ... cc 10.27 +0.15 ... 18.65 13.66 AppleHospREIT APLE 6.2 24 15.43 –0.21 .08 2722.60 1703.32 AutoZone AZO ... 22 2681.41 +43.09 ... 1.93 0.11 BirdGlobal BRDS ... dd .15 –0.03 ...
A 71.98 39.55 Alteryx AYX ... dd 52.13 –1.72 ... 149.42 88.09 AppliedIndlTechs AIT 1.0 18 138.65 +4.13 .35 256.17 153.07 Avalonbay AVB 3.8 21 173.33 +3.47 1.65 79.78 58.81 BlackHills BKH 3.8 16 65.42 +0.36 .625
56.86 33.75 AAR AIR ... 21 54.25 +0.12 ... 13.17 2.84 AlticeUSA ATUS ... 7 2.90 –0.16 ... 121.28 90.23 Aptargroup ATR 1.3 34 120.59 +1.39 .38 51.71 37.44 Avangrid AGR 4.3 18 40.82 +0.95 .44 79.78 53.85 BlackKnight BKI ... 19 55.75 –0.51 ...
35.54 23.97 ABB ABB 2.1 27 35.42 +0.28.7338 10.61 9.76 AltimarAcqnIIIA ATAQ ... 19 10.21 +0.07 ... 124.88 77.96 Aptiv APTV ... 54 105.29 –1.78 ... 31.99 19.32 AvanosMedical AVNS ... 29 30.97 +1.16 ... 10.61 9.88 BlackMountainA BMAC ... cc 10.44 +0.02 ...
57.03 40.35 Altria MO 8.1 14 46.15 +1.12 .94 45.72 28.74 Aramark ARMK 1.2 41 35.51 –0.20 .11 34.37 17.91 Avantor AVTR ... 21 20.15 –0.54 ... 10.36 9.64 BlackSpadeA BSAQ ... 18 10.25 +0.01 ...
54.00 37.68 ABMIndustries ABM 2.1 15 42.30 –0.89 .22
14.72 4.26 AltusPower AMPS ... 14 4.72 –0.03 ... 17.65 10.19 ArborRealty ABR 14.7 7 10.69 +0.37 .40 204.37 151.62 AveryDennison AVY 1.7 19 178.09 +0.15 .75 7.20 3.17 BlackBerry BB ... dd 4.23 –0.28 ...
7.88 4.27 ACCO Brands ACCO 6.2 dd 4.84 –0.25 .075
17.75 7.24 AmbacFin AMBC ... 1 15.60 +0.50 ... 33.77 19.25 ArcelorMittal MT 1.3 3 28.46 –1.24 .38 52.68 27.65 Avient AVNT 2.5 24 39.08 –1.23.2475 785.65 503.12 BlackRock BLK 2.9 21 680.94 –10.395.00
12.83 7.23 AcresCmclRlty ACR ... dd 9.23 –0.26 ...
3.24 2.40 Ambev ABEV 3.8 16 2.83 –0.11.1457 183.53 110.97 ArchResources ARCH .8 2 123.74 –6.42 2.86 45.29 35.72 Avista AVA 4.1 21 44.66 +1.42 .46 3.73 1.00 BlackSkyTech BKSY ... dd 1.36 –0.08 ...
13.35 1.85 ADC Therap ADCT ... dd 2.30 +0.12 ...
10.10 6.00 ADT ADT 2.0 39 7.02 +0.09 .035
13.61 10.42 Amcor AMCR 4.4 16 11.06 –0.04.1225 5.17 1.62 ArcherAviation ACHR ... dd 1.94 –0.20 ... 32.56 20.66 AxaltaCoating AXTA ... 36 31.40 +0.28 ... 123.18 71.72 Blackstone BX 4.9 38 89.45 +4.13 .82
97.99 73.28 Ameren AEE 2.8 22 89.96 +0.50 .63 98.28 70.02 ArcherDaniels ADM 2.2 10 80.50 –1.29 .45 51.46 33.15 AxosFinancial AX ... 9 37.71 +1.01 ... 31.98 16.61 BlackstoneMtg BXMT13.8 13 17.99 +0.73 .62
92.16 60.74 AECOM ACM .8 35 82.35 –0.37 .18
76.54 40.73 Ameresco AMRC ... 24 43.56 –2.24 ... 11.49 6.28 Archrock AROC 6.1 35 9.77 –0.38 .15 15.80 3.82 Azul AZUL ... dd 6.36 –0.69 ... 4.93 0.75 BlendLabs BLND ... dd .80 +0.01 ...
29.89 18.62 AES AES 2.8 dd 24.00 –0.86.1659
22.19 16.09 AmericaMovil AMX 1.6 7 21.50 +0.03.4414 31.24 16.33 Arconic ARNC ... dd 24.47 –1.25 ... 16.20 1.62 AzurePowerGlbl AZRE ... ... 2.60 +0.18 ... 48.76 23.65 BlockHR HRB 3.4 12 33.90 –0.45 .29
74.02 52.07 Aflac AFL 2.5 10 65.98 –0.23 .42
38.11 16.04 AmericanAssets AAT 7.4 26 17.94 +0.49 .33 9.04 6.23 ArcosDorados ARCO 2.4 13 7.83 +0.11 .04 110.44 51.34 Block SQ ... dd 63.48 –0.56 ...
145.53 88.55 AGCO AGCO .8 10 124.41 –1.46 .24 B
11.96 6.36 AmericanAxle AXL ... 13 7.14 –0.54 ... 65.80 43.52 Arcosa ACA .3 12 60.38 +0.47 .05 31.47 11.47 BloomEnergy BE ... dd 17.85 –0.40 ...
8.39 3.52 AG Mortgage MITT13.6 dd 5.72 +0.09 .18
17.09 9.46 AmerEagle AEO 3.0 22 13.48 –0.15 .10 36.13 15.70 ArcusBiosci RCUS ... dd 19.99 +2.45 ... 8.22 0.57 BlueApron APRN ... dd .61 +0.03 ...
4.28 0.31 a.k.a.Brands AKA ... dd .39 –0.02 ... 3.36 1.08 Bark BARK ... dd 1.13 –0.10 ...
48.37 28.05 AmerEquity AEL 1.0 3 37.15 +0.17 .36 7.97 3.52 ArdaghMetalPkg AMBP11.0 9 3.62 +0.02 .10 14.04 8.06 BlueOwlCapital OWL 4.8 dd 10.89 +0.10 .13
16.89 3.77 AMC Ent AMC ... dd 4.99 –0.13 ... 29.11 10.91 B&G Foods BGS 4.9 dd 15.58 +0.26 .19
185.55 130.65 AmerExpress AXP 1.5 17 163.78 +0.56 .60 19.41 5.24 ArdmoreShipping ASC 11.8 5 15.24 ... .45 34.58 16.24 BluegreenVac BVH 2.7 9 29.62 +0.86 .20
129.04 81.15 AMN Healthcare AMN ... 9 88.77 +2.07 ... 57.76 39.88 BCE BCE 5.9 21 47.59 +0.04.7237
150.98 113.85 AmericanFin AFG 2.1 11 120.85 +0.81 .63 10.39 9.78 AresAcqnA AAC ... 62 10.36 +0.01 ... 100.01 57.50 BlueLinx BXC ... 2 72.28 +3.25 ...
2555.30 6.60 AMTD Digital HKD ... ... 6.89 –0.45 ... 9.74 2.00 BEST BEST ... dd 2.96 +0.30 ...
43.13 28.79 AmHomes4Rent AMH 2.7 46 33.12 +0.70 .22 16.17 8.24 AresCommRealEst ACRE14.9 15 8.86 +0.20 .02 10.51 9.71 BluescapeOppsAcqn BOAC ... 25 10.00 +0.03 ...
25.80 1.44 AMTD IDEA AMTD ... 1 1.74 +0.02 ... 16.02 9.39 BGSF BGSF 6.0 14 10.01 –0.01 .15
64.88 45.66 AIG AIG 2.5 4 51.55 +0.11 .32 87.50 53.15 AresMgmt ARES 3.6 cc 86.60 +3.74 .77 221.33 113.02 Boeing BA ... dd 205.15 +3.44 ...
10.80 9.95 AP Acqn A APCA ... cc 10.56 –0.01 ... 71.52 46.92 BHP Group BHP 9.0 7 58.75 –2.83 1.80
31.59 13.35 AmRltyInv ARL ... 1 18.00 –2.59 ... 43.50 31.26 Argan AGX 2.5 17 39.86 +0.91 .25 85.17 55.14 BoiseCascade BCC .9 3 66.22 +0.85 .15
3.90 2.11 ARC Document ARC 6.5 12 3.07 ... .05 189.97 68.30 BILL BILL ... dd 79.41 +3.90 ...
100.51 71.22 AmerStWater AWR 1.7 43 91.19 –0.02.3975 45.26 19.00 ArgoGroup ARGO 4.2 dd 29.36 –0.18 .31 98.88 50.20 BootBarn BOOT ... 13 73.19 +0.48 ...
7.97 4.45 ASE Tech ASX 5.0 7 7.01 –0.35.4794 23.80 1.40 BitMining BTCM ... dd 2.81 –0.27 ...
104.46 7.00 AmerStratInvt NYC ... dd 12.88 +0.22 ... 23.58 6.96 ArisWater ARIS 5.1 cc 7.07 –0.81 .09 112.55 76.60 BoozAllen BAH 1.9 31 98.98 +1.99 .47
119.97 77.03 ASGN ASGN ... 15 78.89 +0.88 ... 80.41 51.45 BJ'sWholesale BJ ... 21 77.51 +3.79 ...
282.47 178.17 AmerTowerREIT AMT 2.9 53 204.14 –2.75 1.56 171.44 89.12 AristaNetworks ANET ... 36 155.87 –7.73 ... 3.90 0.69 BoqiiHolding BQ ... dd 1.69 +0.50 ...
21.53 14.46 AT&T T 6.1 dd 18.22 –1.71.2775 41.38 25.37 BP BP 3.6 dd 39.64 –0.94.3966
25.99 17.85 AmerVanguard AVD .6 22 20.14 –1.24 .03 3.69 2.53 ArlingtonAsset AAIC ... 27 2.60 –0.03 ... 51.14 31.14 BorgWarner BWA 1.4 12 48.98 +0.25 .17
43.32 20.52 ATI ATI ... 44 38.48 +0.74 ... 166.51 122.77 AmerWaterWorks AWK 1.7 33 150.93 +1.23 .655 8.11 2.93 ArloTech ARLO ... dd 6.71 +0.30 ... 26.08 6.02 BP Prudhoe BPT 47.6 2 7.34 –0.56.2974
2.26 0.22 ATI PhysTherapy ATIP ... dd .27 –0.02 ... 18.65 4.79 BRC BRCC ... dd 5.05 –0.17 ... 8.13 2.45 BorrDrilling BORR ... dd 6.96 –0.67 ...
5.43 2.00 AmericanWell AMWL ... dd 2.12 +0.05 ... 14.73 10.04 ArmadaHoffler AHH 6.5 16 11.78 +0.03 .19 422.75 287.00 BostonBeer SAM ... 59 322.16 –0.97 ...
19.79 12.61 A10Networks ATEN 1.7 24 14.40 –0.44 .06 32.99 21.49 AmericoldRealty COLD 3.0 dd 29.73 +1.40 .22 7.98 4.38 ArmourResREIT ARR 18.5 dd 5.20 +0.07 .08 3.42 1.06 BRF BRFS ... dd 1.20 –0.09 ...
10.95 9.96 AxiosSustGrwA AXAC ... dd 10.44 +0.03 ... 25.67 18.07 BRT Apartments BRT 5.4 7 18.57 –0.05 .25 29.40 18.68 BostonOmaha BOC ... 88 21.01 –0.30 ...
357.46 219.99 Ameriprise AMP 1.6 14 314.10 +4.67 1.25 94.94 66.06 ArmstrongWorld AWI 1.4 17 72.01 +2.14 .254 128.31 46.18 BostonProps BXP 7.5 10 52.12 +1.16 .98
0.21 0.04 AxiosSustGrwRt AXAC.RT ... ... .18 ... ... 174.63 135.14 AmerisourceBrgn ABC 1.2 20 166.73 –0.40 .485 134.56 89.38 ArrowElec ARW ... 5 111.98 –7.18 ... 64.95 45.78 BWX Tech BWXT 1.4 25 63.93 –0.13 .23
63.99 48.32 AXIS Capital AXS 3.1 25 56.05 +0.79 .44 8.66 3.89 Babcock&Wilcox BW ... dd 6.16 +0.14 ... 53.21 34.98 BostonSci BSX ... cc 51.11 –0.66 ...
148.06 106.17 Ametek AME .7 27 137.58 –0.77 .25 40.68 25.67 ArtisanPtrsAsset APAM 7.0 12 35.29 +0.03 .35 17.45 8.19 Bowlero BOWL ... dd 15.04 +0.34 ...
30.26 15.12 AZEK AZEK ... cc 26.70 +1.41 ... 4.08 1.24 AmnealPharm AMRX ... dd 1.63 +0.27 ... 23.43 9.64 Artivion AORT ... dd 14.49 +1.03 ... 87.50 4.61 Babylon BBLN ... dd 7.17 –1.00 ...
49.33 30.21 AZZ AZZ 1.7 cc 39.70 –0.10 .17 138.12 73.20 BadgerMeter BMI .7 56 135.64 +14.32 .225 34.98 22.31 Box BOX ... cc 27.10 –0.26 ...
5.69 2.15 Ampco-Pitt AP ... 24 3.03 +0.11 ... 30.80 11.32 Asana ASAN ... dd 18.21 –0.11 ... 68.33 46.10 BoydGaming BYD .9 12 68.17 +2.88 .16
21.80 7.65 Aaron's AAN 4.9 dd 10.15 –0.44 .125 82.86 61.67 Amphenol APH 1.1 25 76.84 –1.30 .21 253.67 138.88 AsburyAutomotive ABG ... 5 203.93 –4.34 ... 5.13 1.08 Bakkt BKKT ... dd 1.38 –0.15 ...
123.18 93.25 AbbottLabs ABT 1.8 34 111.66 +7.70 .51 88.44 46.00 Ball BALL 1.5 23 52.09 +2.06 .20 56.35 40.52 Brady BRC 1.8 17 52.45 +0.17 .23
10.38 5.49 AmplifyEnergy AMPY ... 5 6.92 –0.63 ... 12.09 2.61 AshfordHosp AHT ... dd 3.36 +0.24 ... 6.64 3.41 BraemarHtls BHR 5.3 dd 3.79 +0.02 .05
168.11 134.09 AbbVie ABBV 3.6 24 162.41 +0.82 1.48 26.01 4.15 AmpriusTech AMPX ... dd 9.50 +0.57 ... 114.36 91.66 Ashland ASH 1.3 dd 102.49 –0.90 .335 31.50 17.51 Bally's BALY ... dd 18.54 +0.26 ...
36.56 14.02 Abercrombie&Fitch ANF ... cc 24.24 –1.32 ... 19.26 11.54 BancCalifornia BANC 3.3 8 11.99 +0.15 .10 12.89 3.94 BrandywineRealty BDN 19.1 16 3.98 –0.07 .19
16.72 10.26 Amrep AXR ... 3 14.98 +0.08 ... 25.15 5.41 AspenAerogels ASPN ... dd 5.51 –0.41 ... 7.18 4.11 BrasilAgro LND 20.1 17 4.84 –0.22.6018
21.90 12.28 AcadiaRealty AKR 5.4 dd 13.40 +0.38 .18 10.58 9.91 AndrettiAcqnA WNNR ... cc 10.51 ... ... 33.00 16.88 AssetMarkFin AMK ... 23 32.27 +0.63 ... 5.29 2.03 BancoBBVA BBAR .0 3 4.46 –0.44.0162
12.58 7.26 AccelEnt ACEL ... 11 9.08 +0.06 ... 7.93 3.93 BancoBilbaoViz BBVA 5.0 7 7.39 –0.04.3333 19.64 6.26 Braskem BAK ... dd 7.33 –1.10 ...
16.74 4.43 AngelOakMtgREIT AOMR16.5 dd 7.76 –0.27 .32 25.50 17.00 AssociatedBanc ASB 4.7 7 17.90 –0.12 .21 58.25 26.21 BreadFinancial BFH 3.0 6 28.18 +0.47 .21
323.84 242.80 Accenture ACN 1.6 25 276.33 –2.92 1.12 28.13 11.94 AngloGoldAsh AU 1.7 38 26.43 –1.18 .177 44.50 31.01 AssocCapital AC .5 dd 37.30 +0.38 .10 3.55 2.12 BancoBradesco BBDO 5.6 6 2.35 –0.19.0034
10.31 9.63 AcropolisInfrA ACRO ... cc 10.14 ... ... 22.56 15.64 BancodeChile BCH 8.1 6 20.00 +0.152.1466 19.62 9.94 BridgeInvt BRDG 6.5 11 10.48 –0.56 .17
67.09 44.51 AB InBev BUD .9 22 65.52 +0.96.8245 190.72 104.49 Assurant AIZ 2.4 24 117.25 +1.14 .70 2.40 0.16 BrightHealth BHG ... dd .17 –0.01 ...
202.90 142.71 AcuityBrands AYI .3 14 157.40 –0.35 .13 27.96 15.11 AnnalyCap NLY 13.4 4 19.35 +0.15 .65 67.13 45.21 AssuredGuaranty AGO 2.1 28 53.88 –0.25 .28 19.49 12.58 Bladex BLX 5.4 ... 18.53 +0.53 .25
54.11 37.46 Acushnet GOLF 1.5 19 51.27 +2.07 .195 23.15 9.72 BancoMacro BMA 3.8 4 18.07 –2.69.0729 133.32 54.19 BrightHorizons BFAM ... 56 76.43 –0.90 ...
23.91 8.39 AnnovisBio ANVS ... dd 15.81 +0.78 ... 26.33 1.69 Atento ATTO ... dd 1.94 +0.14 ... 4.48 2.24 BrightScholar BEDU ... ... 2.30 –0.03 ...
12.46 6.95 Adecoagro AGRO 3.9 8 8.04 –0.94.1602 11.61 8.56 AnteroMidstream AM 8.7 15 10.30 –0.32 .225 10.30 9.76 AthenaTechII A ATEK ... cc 10.28 –0.01 ... 7.35 4.76 BancSanBrasil BSBR 5.0 ... 5.29 –0.35.0816
47.50 27.15 Adient ADNT ... dd 38.58 –0.20 ... 20.69 13.37 BcoSantChile BSAC 5.3 8 17.75 –0.971.2511 26.88 14.73 BrightSphere BSIG .2 10 23.56 +0.15 .01
48.80 20.65 AnteroResources AR ... 4 22.51 –1.38 ... 154.86 70.50 Atkore ATKR ... 6 126.48 –5.22 ... 9.45 5.40 BrightSpire BRSP13.9 17 5.77 +0.25 .20
44.40 27.85 AdtalemGlbEduc ATGE ... dd 40.64 +0.74 ... 13.69 4.33 AnywhereRealEst HOUS ... dd 5.99 +0.03 ... 41.04 30.26 AtlUnionBkshs AUB 3.7 11 32.40 –0.49 .30 7.11 4.52 BcoSantMex BSMX 8.8 7 6.24 –0.45.3272
227.74 109.05 AdvanceAuto AAP 4.7 16 128.21 +4.61 1.50 4.09 2.26 BancoSantander SAN 2.1 7 3.85 –0.07.0631 13.80 5.17 BrightView BV ... 63 5.30 –0.09 ...
334.10 246.21 Aon AON .7 28 333.60 +9.12 .615 18.92 15.06 AtlasEnergySolns AESI ... ... 18.18 –0.06 ... 42.12 21.47 BrinkerIntl EAT ... 24 39.17 +1.87 ...
153.36 75.02 AdvDrainageSys WMS .6 15 84.19 +2.73 .12 55.10 32.51 AptIncmREIT AIRC 5.0 6 35.74 +0.58 .45 121.92 97.71 AtmosEnergy ATO 2.6 20 115.38 +2.34 .74 45.98 21.55 BanColombia CIB 4.0 8 27.78 –1.20.7332
50.23 30.69 AdvanSix ASIX 1.5 7 38.76 –1.06 .145 38.85 26.32 BankofAmerica BAC 2.9 9 29.87 +0.35 .22 70.05 48.38 Brink's BCO 1.2 18 65.13 +0.05 .20
9.79 5.22 ApartmtInv AIV 20.7 17 7.93 +0.33 .02 3.55 1.52 ATRenew RERE ... dd 2.53 –0.10 ... 81.44 65.28 BristolMyers BMY 3.2 24 70.49 +0.04 .57
5.85 3.76 Aegon AEG 4.6 dd 4.44 –0.09.1288 24.49 13.09 APi Group APG ... cc 21.73 +0.48 ... 2.87 0.09 Audacy AUD ... dd .14 +0.02 ... 38.31 25.02 BankofButterfield NTB 6.9 6 25.65 +0.13 .44
5.97 1.85 Aenza AENZ ... dd 2.27 –0.05 ... 85.45 34.71 BankofHawaii BOH 5.7 9 48.80 –0.69 .70 0.17 0.09 BristolMyersRt CELG.RT ... ... .11 ... ...
13.73 7.91 ApolloComRlEst ARI 14.8 6 9.48 +0.30 .35 40.89 23.66 Autohome ATHM 1.9 14 29.12 –0.68 .53 32.90 20.20 Bristow VTOL ... 71 22.41 –0.55 ...
66.85 37.20 AerCap AER ... dd 55.82 +0.42 ... 74.63 45.62 ApolloGlbMgmt APO 2.5 dd 63.54 –1.47 .40 98.00 65.74 Autoliv ALV 3.0 18 87.09 –4.78 .66 115.27 81.57 BankofMontreal BMO 3.7 7 91.25 +0.291.0541
56.80 36.44 AerojetRocket AJRD ... 63 56.53 +0.11 ... 52.26 36.22 BankNY Mellon BK 3.4 14 44.05 –2.31 .37 45.28 34.44 BritishAmTob BTI 7.7 10 36.26 +1.07.7006
10.29 9.76 ApolloStratII A APGB ... 34 10.28 +0.03 ... 158.30 94.92 AutoNation AN ... 5 133.37 –1.53 ... 26.58 17.62 BrixmorProp BRX 5.0 18 20.69 +0.34 .26
4.64 0.92 AevaTech AEVA ... dd 1.02 –0.03 ... 68.59 45.26 BankNovaScotia BNS 6.0 9 50.36 –0.86.7602
180.63 108.12 AffiliatedMgrs AMG .0 5 142.84 +1.23 .01 42.17 20.03 BankUnited BKU 5.1 6 21.21 +0.68 .27 8.34 3.52 BroadmarkRealty BRMK 8.8 dd 4.77 +0.08 .035
10.40 9.76 AfricanGoldA AGAC ... 50 10.34 +0.04 ... 10.95 9.89 BanyanAcqnA BYN ... 21 10.47 +0.07 ... 183.33 131.35 BroadridgeFinl BR 2.0 32 143.69 –1.49 .725
10.25 9.63 AfterNextA AFTR ... 40 10.24 ... ... 9.44 5.89 Barclays BCS 4.5 ... 7.62 –0.22 .104 22.72 14.98 Broadstone BNL 6.9 22 16.02 +0.06 .275

Five-Day Dow Composite

160.26 112.52 AgilentTechs A .6 31 138.50 –0.70 .225 10.81 7.46 BaringsBDC BBDC12.9 70 7.54 –0.06 .25 6.96 2.27 BrookdaleSrLiving BKD ... dd 4.27 +0.21 ...
22.53 14.15 Agiliti AGTI ... 84 18.23 +2.22 ... 3.49 1.38 Barnes&NobleEduc BNED ... dd 1.43 –0.11 ... 36.50 26.76 BrookfieldAsset BAM 3.9 7 32.64 –0.85 .32
29.44 14.82 agilon health AGL ... dd 25.01 –3.45 ... 47.36 27.93 BarnesGroup B 1.6 cc 40.32 +0.01 .16 30.88 16.81 BrookfieldBus BBUC 1.3 2 19.64 –0.41.0625
61.04 36.69 AgnicoEagleMines AEM 2.8 37 56.27 –2.09 .40 24.09 13.01 BarrickGold GOLD 3.4 80 19.07 –0.60 .10 43.81 28.25 Brookfield BN .8 28 33.29 +0.79 .07
80.44 63.34 AgreeRealty ADC 4.3 37 67.09 +0.99 .243 Road to Nowhere: The Dow dipped 0.2% last week, ending a four-week 55.03 25.75 Bath&BodyWks BBWI 2.2 10 35.63 –0.56 .20 51.26 37.55 BrookfieldInfr BIPC 3.5 4 43.42 –1.63.3825
46.20 29.75 AirLease AL 2.0 dd 39.36 –0.17 .20 11.00 9.87 BatteryFutureA BFAC ... 22 10.90 +0.44 ... 44.27 30.03 BrookfieldInfr BIP 4.3 59 35.19 –0.70.3825
328.56 218.88 AirProducts APD 2.4 29 290.57 +4.36 1.75
winning streak. Travelers gained 6.6% after reporting better-than-ex- 20.20 12.20 Bausch+Lomb BLCO ... cc 17.12 +1.09 ... 44.02 28.30 BrookfieldReinsur BNRE .0 ... 33.36 +0.85 .07
42.97 27.19 BrookfieldRenew BEPC 4.0 8 33.95 +0.08.3375
186.37 108.35 AlamoGroup ALG .5 21 180.28 +3.71 .22 pected earnings, while Cisco Systems fell 6.9%. 22.34 4.00 BauschHealth BHC ... dd 7.70 +0.21 ...
70.56 52.82 Brown&Brown BRO .7 26 61.40 +2.63 .115
13.81 6.35 AlamosGold AGI .8 cc 12.74 –0.67 .025 77.40 37.35 BaxterIntl BAX 2.6 dd 45.29 +2.24 .29
59.37 37.20 AlaskaAir ALK ... 97 44.41 +2.50 ... 7.24 3.03 BaytexEnergy BTE ... 3 3.74 –0.35 ... 76.60 56.97 Brown-Forman A BF.A 1.3 43 64.85 +1.02.2055
115.39 75.24 AlbanyIntl AIN 1.1 30 91.10 +1.18 .25 Monday Tuesday Wednesday Thursday Friday 2.33 0.42 Beachbody BODY ... dd .43 –0.02 ... 78.15 60.23 Brown-Forman B BF.B 1.3 42 63.97 +1.19.2055
334.55 171.82 Albemarle ALB .9 8 173.75 –30.25 .40 10.50 9.88 BeardEnerA BRD ... cc 10.39 +0.01 ... 93.15 61.89 Brunswick BC 1.9 10 86.15 +4.20 .40
32.85 19.14 Albertsons ACI 2.3 10 20.76 +0.07 .12
34,010 17.64 9.47 BeazerHomes BZH ... 3 17.16 +0.52 ... 50.35 26.50 Buckle BKE 4.1 7 34.04 –0.56 .35
72.68 33.55 Alcoa AA 1.0 dd 38.16 –2.24 .10 269.06 215.90 BectonDicknsn BDX 1.4 48 261.21 +5.71 .91 10.05 5.09 Buenaventura BVN 1.1 3 7.55 –0.76 .073
79.80 55.21 Alcon ALC .3 cc 72.98 +1.13 .20 92.33 47.89 Belden BDC .3 13 79.15 –1.34 .05 26.87 12.47 Build-A-Bear BBW .0 8 24.23 –1.77 1.50
96.91 48.91 BuildersFirst BLDR ... 6 93.87 –0.49 ...
22.72 15.80 Alexander&Baldwin ALEX 4.5 dd 19.22 +0.24 .22 33,920 36.17 20.20 BellRing BRBR ... 41 35.84 +1.74 ...
123.04 80.41 Bunge BG 2.6 9 95.10 +0.70 .625
264.17 183.49 Alexander's ALX 9.6 17 188.10 –6.194.50 30.00 21.11 BenchmarkElec BHE 3.0 11 21.65 –1.06 .165
199.37 114.95 AlexandriaRlEst ARE 3.9 40 124.44 +5.97 1.21 4.14 0.90 BensonHill BHIL ... dd 1.07 +0.02 ... 13.25 6.09 BurfordCapital BUR 1.9 ... 12.98 +0.30.0625
125.84 58.01 Alibaba BABA ... 52 89.13 –5.42 ... (Prev Fri) 76.99 56.05 Berkley WRB .7 15 57.52 –3.96 .10 239.94 106.47 BurlingtonStrs BURL ... 55 191.80 +0.94 ...
10.19 6.31 Alight ALIT ... dd 9.41 +0.28 ... 33,830 517444 393012 BerkHathwy A BRK.A ... dd 496404 +404.98 ... 8.72 1.63 ButterflyNtwk BFLY ... dd 2.43 –0.16 ...
123.46 87.33 Allegion ALLE 1.7 20 102.99 +0.25 .45 343.21 259.85 BerkHathwy B BRK.B ... dd 324.33 +4.59 ... 26.00 19.40 BylineBancorp BY 1.8 8 19.67 –0.15 .09
14.69 1.92 Allego ALLG ... ... 2.04 –0.04 ... 31.63 21.89 BerkshireHills BHLB 3.3 10 21.96 –1.20 .18 C
67.45 47.77 Allete ALE 4.2 19 63.80 +0.41.6775 33,740 66.21 44.52 BerryGlobal BERY 1.7 10 57.90 –0.35 .25
45.75 31.31 AllianceBernstein AB 8.2 13 36.09 –0.38 .70 98.18 60.79 BestBuy BBY 5.1 12 72.76 –0.62 .92 319.33 245.32 CACI Intl CACI ... 20 308.12 –0.48 ...
50.64 32.63 AllisonTransm ALSN 2.0 8 46.35 +0.10 .23 37.50 8.28 BigLots BIG 14.2 dd 8.43 –2.01 .30 4.81 2.54 CBD Pao CBD 1.9 3 3.05 +0.02.0713
142.15 103.20 Allstate ALL 3.1 dd 115.78 +3.65 .89 +100.71 -10.55 -79.62 -110.39 +22.34 12.39 0.58 BigBear.ai BBAI ... dd 2.81 –0.40 ... 52.38 37.01 CBIZ CBZ ... 26 52.22 +0.39 ...
44.33 21.59 AllyFinancial ALLY 4.6 6 25.86 –0.98 .30 33,650 909.70 540.33 BiglariA BH.A ... dd 843.06 +8.30 ... 32.38 21.66 CBL&Assoc CBL 6.0 dd 25.01 –0.26 .375
186.98 103.90 AlphaMetal AMR 1.1 2 155.87 –8.64 .44 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 184.21 113.76 BiglariB BH ... dd 174.25 +6.00 ... 89.58 66.31 CBRE Group CBRE ... 17 71.86 +1.04 ...
20.79 15.41 AlpineIncmProp PINE 6.8 7 16.07 +0.38 .275 20.57 5.54 Biohaven BHVN ... ... 14.34 +1.25 ... 10.66 9.79 CCNeubergerIII A PRPC ... 17 10.34 +0.03 ...
20.60 8.65 AltaEquipment ALTG 1.6 71 14.00 +0.38 .057 572.70 344.63 Bio-RadLab A BIO ... dd 467.25 –12.00 ... 119.60 67.95 CF Industries CF 2.1 5 74.44 –2.64 .40
46 BARRON’S April 24, 2023

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
10.70 9.91 C5AcqnA CXAC ... cc 10.49 –0.01 ... 16.54 7.85 Clarivate CLVT ... dd 9.06 +0.05 ... 5.92 1.57 DanimerScientific DNMR ... dd 3.68 –0.41 ... 99.65 72.41 EmersonElec EMR 2.4 27 85.60 –0.76 .52 11.59 4.26 Fisker FSR ... dd 4.45 –0.57 ...
100.93 72.23 CGI GIB ... 21 99.18 –1.67 ... 21.09 10.85 ClarosMtg CMTG12.6 15 11.76 +0.18 .37 77.18 36.03 DaqoNewEnergy DQ ... 2 43.85 –1.76 ... 9.10 5.39 EmpireStateRealty ESRT 2.3 28 6.10 +0.08 .035 6.05 1.88 FivePoint FPH ... dd 2.45 +0.13 ...
17.28 4.08 CI&T CINT ... 23 4.28 –0.35 ... 146.05 81.56 CleanHarbors CLH ... 19 143.92 +0.38 ... 155.90 110.96 Darden DRI 3.2 20 151.85 –0.57 1.21 46.73 32.58 EmployersHldgs EIG 2.4 24 42.82 +0.71 .26 59.39 26.16 FiverrIntl FVRR ... dd 36.77 +0.98 ...
72.79 52.41 CMS Energy CMS 3.2 22 61.63 +0.84.4875 3.20 0.91 ClearChannelOutdr CCO ... dd 1.26 +0.05 ... 87.59 51.77 DarlingIngred DAR ... 13 57.04 –1.61 ... 10.51 3.88 EmpresaDisCom EDN ... dd 8.69 –0.93 ... 10.47 9.75 FlameAcqnA FLME ... dd 10.14 +0.01 ...
49.60 35.90 CNA Fin CNA 4.3 12 39.21 –0.01 1.20 35.00 18.94 ClearSecure YOU .0 dd 25.91 –0.47 .25 121.75 65.28 DaVita DVA ... 15 86.02 +2.06 ... 47.67 35.02 Enbridge ENB 6.8 39 39.31 –0.73.6655 259.49 161.69 FleetCorTech FLT ... 17 216.83 –4.37 ...
17.98 10.60 CNH Indl CNHI 2.7 10 14.34 –0.30.3823 20.00 11.23 ClearwaterAnalytic CWAN ... dd 16.75 +0.82 ... 488.34 212.93 DeckersOutdoor DECK ... 26 486.68 +19.64 ... 64.90 42.16 EncompassHealth EHC .9 24 63.68 +1.82 .15 38.24 23.25 FlexLNG FLNG 8.8 10 34.22 –0.92 .25
26.35 16.56 CNO Financial CNO 2.6 6 21.85 –0.06 .14 46.48 26.15 ClearwaterPaper CLW ... 12 32.67 –0.20 ... 448.40 283.81 Deere DE 1.3 14 386.70 –1.07 1.25 115.86 56.70 Endava DAVA ... 29 57.49 –4.61 ... 102.61 59.91 Floor&Decor FND ... 35 98.39 –0.02 ...
24.21 14.47 CNX Resources CNX ... dd 15.59 –0.98 ... 38.65 27.59 ClearwayEnergyA CWEN.A 4.3 6 30.15 –0.03.3745 64.47 42.60 DelekLogistics DKL 8.6 13 47.53 –2.20 1.02 26.12 17.42 Endeavor EDR ... dd 25.01 +0.56 ... 1.64 0.63 FlotekIndustries FTK ... dd .67 –0.01 ...
79.17 38.90 CONSOL Energy CEIX 7.5 4 57.13 –3.18 1.10 41.79 28.94 ClearwayEnergyC CWEN 4.6 6 31.51 –0.02.3745 35.45 20.63 DelekUS DK 4.0 6 21.86 –1.63 .22 4.79 2.47 EndeavourSilver EXK ... cc 4.01 –0.30 ... 30.16 24.15 FlowersFoods FLO 3.2 25 27.16 +0.29 .22
52.20 31.22 CRH CRH 2.5 10 49.43 +0.19 1.03 32.72 11.83 Cleveland-Cliffs CLF ... 6 15.88 –1.48 ... 52.60 32.90 DellTechC DELL ... 13 43.11 –0.17 ... 2.85 0.98 EnelChile ENIC .9 3 2.66 –0.14.0184 36.89 23.89 Flowserve FLS 2.4 23 33.02 –0.22 .20
33.81 5.56 CS Disco LAW ... dd 5.90 –0.29 ... 9.43 5.09 ClipperRealty CLPR 7.2 dd 5.27 –0.61 .095 45.35 27.20 DeltaAir DAL ... 12 34.33 +0.56 ... 7.64 3.86 Enerflex EFXT 1.3 dd 5.85 –0.23.0187 38.20 21.68 Fluor FLR ... 44 29.53 –0.91 ...
23.07 15.98 CTO Realty CTO 9.1 dd 16.70 +0.35 .38 4.60 1.34 CloopenGroup RAAS ... ... 1.48 –0.15 ... 30.10 14.36 Deluxe DLX 7.9 10 15.14 –0.42 .30 37.89 24.81 Energizer ENR 3.7 dd 32.57 +0.92 .30 96.89 58.73 FomentoEconMex FMX 1.5 29 95.01 +1.661.0138
49.59 31.90 CTS CTS .4 24 44.38 –1.65 .04 165.79 120.50 Clorox CLX 2.9 47 165.26 +7.03 1.18 104.05 56.59 Denbury DEN ... 10 92.40 –2.60 ... 13.67 9.15 EnergyTransfer ET 9.6 9 12.77 –0.07 .305 47.22 23.85 FootLocker FL 3.9 12 41.18 +1.38 .40
34.68 10.16 C3.ai AI ... dd 20.06 –1.83 ... 102.83 37.37 Cloudflare NET ... dd 62.80 –1.88 ... 19.38 7.93 DesignerBrands DBI 2.2 4 9.04 +0.15 .05 16.40 1.35 EnergyVault NRGV ... dd 1.55 –0.26 ... 16.68 10.61 FordMotor F 5.1 dd 11.81 –0.71 .65
12.53 1.35 Curo CURO25.7 dd 1.71 –0.09 .11 3.37 1.25 CN Finance CNF ... 9 2.57 –0.12 ... 4.17 1.13 DesktopMetal DM ... dd 2.12 –0.08 ... 28.57 16.09 EnerpacTool EPAC .2 58 24.84 +0.77 .04 10.67 9.75 ForestRoadII A FRXB ... 46 9.98 +0.01 ...
43.61 23.50 CVR Energy CVI 7.4 6 27.09 –2.19 .50 67.20 54.02 Coca-Cola KO 2.9 29 64.05 +1.00 .46 11.67 4.44 Despegar.com DESP ... dd 5.47 –0.35 ... 19.23 11.00 Enerplus ERF 1.4 4 14.69 –0.77.0543 17.57 10.28 Forestar FOR ... 6 17.12 +1.94 ...
167.91 80.30 CVR Partners UAN 26.9 3 91.50 –2.3910.50 84.68 51.96 Coca-Cola Femsa KOF 3.1 18 83.06 –0.581.6048 13.57 7.25 DeutscheBank DB 1.9 4 10.88 –0.07.1559 94.32 55.60 EnerSys ENS .8 25 82.63 +0.78 .175 34.77 1.26 ForgeGlobal FRGE ... dd 1.48 –0.20 ...
107.26 72.11 CVS Health CVS 3.3 23 72.84 –1.86 .605 4.68 2.54 CoeurMining CDE ... dd 3.63 –0.44 ... 79.40 44.03 DevonEnergy DVN 9.4 6 53.63 –2.07 .69 11.20 4.81 Eneti NETI .4 4 9.86 +0.44 .01 25.00 12.80 ForgeRock FORG ... dd 20.28 –0.22 ...
1464.20 609.85 CableOne CABO 1.7 19 689.25 +1.23 2.85 83.99 52.34 Cohen&Steers CNS 3.7 19 62.32 +1.74 .57 205.32 160.09 Diageo DEO 1.9 25 188.92 +3.252.0977 16.76 7.80 Enfusion ENFN ... dd 8.68 –0.97 ... 50.89 34.76 Fortis FTS 3.8 21 44.19 –0.19.4211
83.74 59.65 Cabot CBT 2.0 12 73.90 –1.20 .37 66.85 29.90 Coherent COHR ... dd 33.59 –0.31 ... 13.30 5.17 DiamondOffshore DO ... dd 11.37 –1.12 ... 22.65 15.01 EngageSmart ESMT ... cc 17.90 +0.77 ... 69.78 52.47 Fortive FTV .4 32 66.79 –0.38 .07
58.61 34.70 Cactus WHD 1.0 23 42.03 –0.93 .11 83.81 67.84 ColgatePalm CL 2.5 36 76.80 +1.21 .48 11.15 7.14 Diamondrock DRH 1.5 17 8.11 ... .03 25.25 11.65 Enhabit EHAB ... 2 12.59 –0.96 ... 4.20 2.05 FortunaSilver FSM ... dd 3.69 –0.29 ...
29.41 19.24 CadenceBank CADE 4.6 8 20.35 +0.06 .235 10.22 9.63 ColombierAcqnA CLBR ... 38 10.17 +0.03 ... 6.17 3.16 DianaShipping DSX 21.1 3 4.03 –0.14 .15 23.48 16.55 Ennis EBF 5.0 12 19.88 –0.50 .25 67.71 45.25 FortuneBrands FBIN 1.5 12 60.58 +1.90 .23
31.50 16.58 Cadre CDRE 1.5 cc 21.70 –0.65 .08 87.02 29.17 Comerica CMA 6.5 5 43.73 +0.43 .71 152.61 63.45 Dick's DKS 2.7 14 148.91 +9.47 1.00 55.54 25.80 EnovaIntl ENVA ... 8 48.55 +2.62 ... 33.84 16.78 ForumEnergyTech FET ... dd 22.30 –2.15 ...
27.91 15.23 CAE CAE ... 54 23.08 –0.46 ... 152.13 74.14 ComfortSystems FIX .5 20 136.19 +5.21 .175 5.52 0.70 DieboldNixdorf DBD ... dd .78 –0.04 ... 68.15 43.88 Enovis ENOV ... dd 57.88 +3.70 ... 30.13 22.67 FourCornersProp FCPT 5.3 22 25.73 –0.05 .34
31.13 19.35 Caleres CAL 1.2 5 23.32 +1.30 .07 58.09 31.47 CommercialMetals CMC 1.3 5 47.45 –0.08 .16 3.44 0.57 DigitalMedia DMS ... dd .73 –0.01 ... 10.60 9.60 EnphysAcqnA NFYS ... 30 10.23 ... ... 18.88 5.70 FourSeasonsEduc FEDU ... dd 10.35 ... ...
51.46 34.02 CaliforniaRscs CRC 2.9 6 39.52 –1.61.2825 72.86 46.89 CommBkSys CBU 3.7 14 47.30 –0.12 .44 152.74 85.76 DigitalRealty DLR 5.0 85 96.64 +6.86 1.22 127.67 76.14 EnPro NPO 1.2 10 97.73 +0.09 .29 162.63 109.70 Franco-Nevada FNV .9 42 152.30 –3.89 .34
66.12 48.46 CalWtrSvc CWT 1.8 33 58.41 –0.67 .26 10.87 1.88 CommunityHlthSys CYH ... 18 5.90 +0.68 ... 29.96 9.99 DigitalBridge DBRG .3 dd 12.13 +0.42 .01 125.22 94.94 Entergy ETR 3.9 20 108.64 +1.00 1.07 16.20 10.34 FrankBSPRealty FBRT11.4 dd 12.45 +0.19 .355
77.44 31.59 Calix CALX ... 78 48.02 –2.22 ... 43.88 30.38 CommunityHlthcr CHCT 4.9 45 36.27 +0.19.4475 53.88 23.38 DigitalOcean DOCN ... dd 34.59 +1.29 ... 28.65 22.90 EnterpriseProd EPD 7.3 11 26.81 –0.17 .49 54.70 34.00 FranklinCovey FC ... 28 37.70 –1.67 ...
64.08 28.91 CallonPetrol CPE ... 2 33.76 –4.30 ... 12.04 7.45 SABESP SBS 1.5 11 9.62 –0.48.2004 417.86 193.00 Dillard's DDS .3 6 313.07 +13.23 .20 7.33 3.96 Entravision EVC 3.2 30 6.25 ... .05 34.37 20.24 FranklinRscs BEN 4.5 14 26.69 –0.06 .30
170.64 97.74 CamdenProperty CPT 3.7 18 106.79 +3.35 1.00 4.10 2.45 EngGr-Cmg C CIG.C 6.7 11 3.85 –0.12.0311 82.43 61.03 DineBrands DIN 3.1 13 65.28 –2.55 .51 83.30 41.72 Envestnet ENV ... dd 66.31 +2.17 ... 10.40 9.76 FreedomI A FACT ... 75 10.35 +0.02 ...
31.29 20.02 Cameco CCJ .4 cc 25.49 –0.71.0941 2.62 1.82 EngGr-Cmg CIG 10.6 7 2.39 –0.07.0311 6.90 2.43 Dingdong DDL ... dd 3.93 +0.27 ... 45.64 31.67 Envista NVST ... 29 38.94 +1.28 ... 46.73 24.80 FreeportMcM FCX 1.5 22 39.66 –3.50 .075
57.78 44.37 CampbellSoup CPB 2.8 20 53.67 –1.11 .37 8.25 5.71 COPEL ELP 11.2 98 7.39 –0.37.2619 10.73 10.01 DirectSellingA DSAQ ... 26 10.50 –0.03 ... 88.04 22.03 Enviva EVA 16.3 dd 22.22 –1.22 .905 34.05 12.79 FreseniusMed FMS 2.2 19 22.85 –0.41.7085
33.99 18.69 CampingWorld CWH11.4 7 22.00 +1.11 .625 4.88 2.20 CiaSiderurgica SID 14.6 12 2.79 –0.21.2015 121.17 87.64 DiscoverFinSvcs DFS 2.3 7 105.52 +4.35 .70 2.89 1.00 EnzoBiochem ENZ ... dd 2.58 +0.04 ... 32.49 22.63 FreshDelMonte FDP 2.0 14 29.44 –0.20 .15
24.73 14.51 CanadaGoose GOOS ... 44 19.14 +0.63 ... 16.60 9.31 CerveceriasUnid CCU 1.5 16 15.21 –0.64.0302 126.48 84.07 Disney DIS ... 55 99.57 –0.33 ... 234.14 145.98 Equifax EFX .8 43 202.77 +7.31 .39 19.29 7.48 Frontline FRO 15.8 13 15.41 –0.61 1.07
58.13 39.40 CIBC CM 5.9 11 42.66 –0.71.6177 25.94 16.32 CompassDiversif CODI 5.3 dd 18.86 –0.49 .25 88.06 61.55 DolbyLab DLB 1.3 46 84.29 –1.28 .27 42.53 26.28 Equinor EQNR 2.7 3 28.44 –1.10 .20 8.14 0.96 fuboTV FUBO ... dd 1.16 –0.06 ...
129.89 103.79 CanNtlRlwy CNI 1.9 22 123.03 +0.65.5906 6.88 1.84 Compass COMP ... dd 3.08 –0.05 ... 12.97 7.20 Dole DOLE 2.5 14 12.92 +0.82 .08 33.24 22.59 Equitable EQH 3.1 6 25.81 +0.52 .20 10.18 4.56 FullTruck YMM ... cc 6.49 –0.83 ...
69.46 44.45 CanadianNatRscs CNQ 4.4 8 59.85 –2.16 .632 64.13 30.41 CompassMnlInt CMP 1.9 dd 31.91 +0.31 .15 261.59 183.25 DollarGeneral DG 1.1 20 218.22 +4.99 .59 9.90 4.60 EquitransMdstm ETRN12.6 dd 4.77 –0.12 .15 81.41 57.36 FullerHB FUL 1.2 22 66.17 –0.07 .19
82.96 65.17 CdnPacKC CP .7 28 81.29 +3.14.1399 10.43 9.76 ComputeHlthA CPUH ... 35 10.37 +0.06 ... 2.17 0.34 Doma DOMA ... dd .37 ... ... 28.20 19.41 EquityCommnwlth EQC .0 79 20.62 –0.05 4.25 10.38 9.76 FusionAcqnIIA FSNB ... 41 10.26 +0.03 ...
3.80 1.01 Cango CANG .0 dd 1.17 +0.04 .98 22.11 9.71 ComstockRscs CRK 4.6 3 10.92 –0.20 .125 86.61 52.03 DominionEner D 4.6 54 57.71 –0.22.6675 82.98 56.91 EquityLife ELS 2.6 45 68.37 +4.62.4475 10.63 5.77 FutureFuel FF 3.1 22 7.67 –0.24 .06
25.74 17.11 Cannae CNNE ... dd 19.01 +0.51 ... 41.30 31.02 ConagraBrands CAG 3.5 22 37.45 +0.48 .33 426.44 291.00 Domino's DPZ 1.5 26 330.52 +0.14 1.21 93.14 54.60 EquityResdntl EQR 4.3 30 61.30 +1.26.6625
9.75 0.76 CanoHealth CANO ... dd 1.16 –0.16 ... 10.47 9.61 ConcordAcqnIIA CNDA ... 24 10.16 +0.02 ... 66.96 46.00 Donaldson DCI 1.4 22 63.90 +0.62 .23 2.70 1.34 EquusTotReturn EQS ... dd 1.57 –0.02 ... G
139.50 86.84 CapitalOne COF 2.5 5 96.59 +0.01 .60 10.42 9.89 ConcordAcqnIII A CNDB ... 19 10.41 +0.01 ... 50.38 24.60 DonnelleyFin DFIN ... 14 44.68 +0.95 ... 13.90 9.12 ErmenegildoZegna ZGN .7 59 13.09 +0.07.0947
69.25 36.90 Capri CPRI ... 9 45.33 +0.83 ... 118.11 84.96 GATX GATX 2.0 26 112.60 +0.31 .55
2.10 1.03 ConcordMed CCM ... dd 1.41 +0.14 ... 95.50 41.37 DoorDash DASH ... dd 61.29 –0.43 ... 20.50 8.07 EroCopper ERO ... 17 19.30 –0.03 ... 12.44 5.75 GEO Group GEO ... 7 7.84 –0.33 ...
81.57 49.70 CardinalHealth CAH 2.5 dd 80.08 –0.55.4957 150.21 71.09 Conmed CNMD .7 dd 116.20 +5.68 .20 23.51 12.91 DorianLPG LPG .0 7 21.88 +0.22 1.00 45.01 34.27 EssentGroup ESNT 2.4 5 41.84 +0.15 .25
22.46 15.90 CareTrustREIT CTRE 5.8 dd 19.45 –0.33 .28 35.90 23.10 GFLEnvironmental GFL .1 dd 34.92 +0.23 .012
138.49 78.30 ConocoPhillips COP 2.0 7 102.26 –6.24 .60 32.43 17.22 DoubleVerify DV ... cc 30.50 +0.26 ... 26.43 18.88 EssentialProp EPRT 4.5 24 24.18 +0.09 .275 62.19 36.10 GMS GMS ... 7 56.35 +0.43 ...
318.71 203.66 Carlisle CSL 1.4 12 218.85 +7.97 .75 102.21 78.10 ConEd ED 3.3 21 99.04 +2.36 .81 41.40 27.76 DouglasDynamics PLOW 4.0 24 29.69 –0.02 .295 52.43 38.50 EssentialUtil WTRG 2.6 25 43.69 +0.50 .287
106.24 52.10 CarMax KMX ... 23 69.16 –0.30 ... 6.95 2.00 GOL Linhas GOL .0 dd 2.52 –0.31.0023
10.65 9.79 ConstellationI A CSTA ... 31 10.28 +0.01 ... 6.82 2.84 DouglasElliman DOUG 6.5 dd 3.08 –0.05 .05 359.57 195.03 EssexProp ESS 4.3 34 212.42 +4.48 2.31 46.68 28.47 GSK GSK 5.4 4 36.71 –1.06.3404
19.68 6.11 Carnival CCL ... dd 9.38 –0.22 ... 261.32 208.12 ConstBrands A STZ 1.6 dd 226.44 –1.79 .80 31.66 10.62 DouglasEmmett DEI 6.0 23 12.58 +0.23 .19 284.45 186.47 EsteeLauder EL 1.0 62 256.23 +2.22 .66
17.98 5.43 Carnival CUK ... dd 8.47 –0.25 ... 10.62 9.77 GSquaredIIA GSQB ... 30 10.38 +0.02 ...
17.57 9.82 Constellium CSTM ... 6 14.11 –0.39 ... 160.66 114.49 Dover DOV 1.4 20 147.68 +0.67 .505 31.78 19.60 EthanAllen ETD 4.8 6 26.70 –0.09 .32 64.33 32.10 GXO Logistics GXO ... 32 53.07 +0.98 ...
52.50 24.76 CarpenterTech CRS 1.7 dd 46.87 +1.86 .20 8.26 3.11 ContainerStore TCS ... 3 3.27 –0.03 ... 71.23 42.91 Dow DOW 5.1 9 54.87 –1.63 .70 21.00 9.94 Euronav EURN 1.2 17 16.81 –0.88 .03
52.07 22.71 CarriageSvcs CSV 1.6 11 28.89 +0.71.1125 208.20 148.24 Gallagher AJG 1.1 40 207.77 +7.32 .55
18.25 6.86 Volaris VLRS ... dd 11.72 –0.27 ... 48.08 22.91 Doximity DOCS ... 63 36.45 +2.32 ... 13.34 5.10 EveHolding EVEX ... dd 7.49 +0.24 ... 47.99 15.41 GameStop GME ... dd 20.49 –1.97 ...
49.17 33.10 CarrierGlobal CARR 1.6 11 45.22 +0.92 .185 13.05 11.56 Cool CLCO ... ... 12.30 –0.15 ... 60.73 49.59 DrReddy'sLab RDY .5 22 60.44 +0.35.3171 10.50 9.86 EVeMobilityA EVE ... cc 10.47 +0.01 ...
20.42 8.75 Cars.com CARS ... 77 19.09 –0.73 ... 4.24 1.25 Gannett GCI ... dd 1.80 –0.03 ...
406.67 244.22 Cooper COO .0 51 385.40 +11.69 .03 18.50 8.17 DreamFinders DFH ... 7 15.53 +1.62 ... 12.89 5.30 Eventbrite EB ... dd 7.99 –0.16 ... 5.49 0.64 GaotuTechedu GOTU ... cc 3.41 –0.08 ...
92.06 62.66 Carter's CRI 4.2 11 71.33 +1.19 .75 18.95 3.53 Cooper-Standard CPS ... dd 11.24 –1.50 ... 35.95 19.10 Dril-Quip DRQ ... cc 27.85 –0.88 ... 137.42 78.67 EvercoreA EVR 2.3 11 124.67 +3.86 .72
91.40 3.55 Carvana CVNA ... dd 8.14 –0.83 ... 15.49 7.79 Gap GPS 6.2 dd 9.63 +0.29 .15
98.11 55.25 Copa CPA 3.7 10 88.46 –3.03 .82 22.29 12.64 DuckhornPtf NAPA ... 31 15.00 +0.25 ... 10.51 9.94 EverestConsolA MNTN ... cc 10.48 –0.02 ... 114.39 76.37 Garmin GRMN 3.0 19 97.73 –1.13 .73
115.34 40.69 Catalent CTLT ... 20 45.03 –1.29 ... 26.63 18.75 Core&Main CNM ... 12 25.75 +1.05 ... 58.28 38.89 Ducommun DCO ... 22 51.83 –0.22 ... 395.00 244.58 EverestRe RE 1.8 24 370.62 +11.41 1.65
266.04 160.60 Caterpillar CAT 2.2 17 220.27 –3.41 1.20 358.25 221.39 Gartner IT ... 30 302.72 –12.16 ...
31.42 13.19 CoreLabs CLB .2 51 21.28 –1.28 .01 115.83 83.76 DukeEnergy DUK 4.1 30 98.36 +0.721.005 21.11 13.52 Everi EVRI ... 13 15.51 –0.81 ... 14.78 9.40 GatesIndustrial GTES ... 17 13.26 –0.10 ...
14.51 8.36 Cato CATO 8.1 cc 8.41 –0.10 .17 23.50 14.01 CorebridgeFin CRBG 5.5 1 16.64 +0.48 .23 17.50 10.54 Dun&Bradstreet DNB 1.7 dd 11.71 +0.35 .05 94.41 70.54 EversourceEner ES 3.4 19 78.84 +0.38 .675
48.40 1.82 Cazoo CZOO ... dd 2.00 –0.29 ... 7.49 2.20 GatosSilver GATO ... dd 6.20 –0.98 ...
35.48 20.45 CoreCard CCRD ... 17 26.58 –1.82 ... 78.40 49.52 DuPont DD 2.1 6 69.89 –0.57 .36 41.10 30.17 Evertec EVTC .6 9 32.80 –0.22 .05 27.15 11.92 GencoShipping GNK 12.8 4 15.59 –0.71 .50
56.93 37.58 CedarFairRec FUN 2.9 8 41.28 +0.34 .30 13.80 8.70 CoreCivic CXW ... 9 9.20 –0.15 ... 54.18 20.05 DutchBros BROS ... dd 30.61 –1.54 ... 39.78 21.83 EvolentHealth EVH ... dd 36.14 +3.26 ...
161.37 86.71 Celanese CE 2.7 6 104.60 –6.12 .70 299.85 86.29 Generac GNRC ... 19 102.78 +1.05 ...
3.48 0.96 CorEnergyInfr CORR17.9 dd 1.12 –0.08 .05 122.13 76.21 DycomInds DY ... 19 90.84 –1.49 ... 51.35 30.44 EvoquaWater AQUA ... 82 49.65 –0.09 ... 256.86 207.42 GeneralDynamics GD 2.3 18 225.02 –2.67 1.32
14.28 8.21 Celestica CLS ... 10 11.89 –0.61 ... 37.73 28.98 Corning GLW 3.3 22 33.60 –1.18 .28 4.49 2.08 DynagasLNG DLNG ... 2 2.66 –0.14 ... 31.13 18.31 ExcelerateEner EE .5 84 21.13 –2.25 .025
6.23 4.39 CementosPacasm CPAC 9.3 10 5.35 +0.19.5276 100.47 46.77 GeneralElec GE .3 dd 99.51 +4.07 .08
11.70 5.00 CorpAmAirports CAAP ... ... 11.19 +0.88 ... 48.00 29.41 Dynatrace DT ... cc 42.65 +0.37 ... 4.02 0.66 Express EXPR ... 0 .87 +0.03 ... 88.34 64.94 GeneralMills GIS 2.5 19 87.45 +0.89 .54
6.09 3.20 Cemex CX ... 15 5.78 –0.20 ... 28.69 21.59 CorpOfficeProp OFC 5.1 18 22.37 –0.41 .285 17.06 10.60 DynexCapital DX 13.2 3 11.80 –0.15 .13 24.04 8.82 Expro XPRO ... dd 19.17 +0.21 ...
24.91 14.44 CenovusEnergy CVE 1.8 7 17.50 –0.04.0767 43.63 30.33 GeneralMotors GM 1.1 5 33.55 –0.94 .09
10.60 9.65 CorsairPtrA CORS ... 23 10.26 +0.03 ... 216.83 139.97 ExtraSpaceSt EXR 4.3 24 151.16 –3.95 1.62 11.02 9.70 GenAsia I A GAQ ... 31 10.35 –0.03 ...
98.53 61.71 Centene CNC ... 32 65.99 –2.08 ... 68.43 50.03 Corteva CTVA 1.0 39 61.48 –0.65 .15 E 119.63 79.29 ExxonMobil XOM 3.1 9 116.01 –0.04 .91
33.50 25.03 CenterPointEner CNP 2.5 19 30.53 +0.13 .19 67.78 33.54 Genesco GCO ... 6 36.41 +0.07 ...
19.26 10.13 Cosan CSAN ... 25 11.85 –0.92 ... 10.23 9.68 EG Acqn A EGGF ... 78 10.21 +0.01 ... 12.95 7.61 GenesisEnergy GEL 5.6 dd 10.77 –0.22 .15
9.84 3.77 CenterraGold CGAU 2.9 dd 7.08 –0.53.0516 15.65 8.55 Costamare CMRE 4.8 2 9.50 –0.50 .115 F
104.11 51.26 Centerspace CSR 5.3 dd 55.17 –0.01 .73 96.85 20.49 elfBeauty ELF ... cc 96.68 +6.54 ... 16.61 6.10 GenieEnergy GNE 1.9 5 15.75 –0.33 .075
36.55 22.25 CoterraEnergy CTRA 9.8 5 25.46 –0.30 .37 169.89 95.64 EMCOR EME .5 19 157.78 +1.87 .15 10.33 9.71 FastAcqnII A FZT ... cc 10.25 ... ... 5.82 2.20 GeniusSports GENI ... dd 4.32 –0.12 ...
10.39 5.67 CentraisElBras EBR 1.9 14 6.63 –0.49.1306 12.64 5.90 Coty COTY ... 98 12.30 +0.04 ...
26.80 16.05 CentralPacFin CPF 6.4 6 16.23 –0.28 .26 32.21 20.38 ENI E 4.2 4 30.39 –0.22.3107 35.00 9.03 F&GAnnuities FG 4.2 ... 18.97 +0.59 .20 48.85 37.68 Genpact G 1.2 24 44.69 –0.70.1375
21.38 8.98 Coupang CPNG ... dd 15.64 –0.39 ... 150.88 92.16 EOG Rscs EOG 2.8 9 117.31 –4.30 .825 45.25 28.85 FB Financial FBK 2.0 11 29.92 –0.18 .15 187.73 125.55 GenuineParts GPC 2.3 19 166.52 +1.45 .95
6.93 2.81 CentralPuerto CEPU 2.1 8 5.92 –0.37.1649 22.26 9.81 Coursera COUR ... dd 10.49 –0.68 ...
67.74 39.00 CenturyComm CCS 1.4 4 65.67 +3.53 .23 462.99 260.68 EPAM Systems EPAM ... 40 280.73 –15.27 ... 10.37 0.79 F45Training FXLV ... dd .91 –0.11 ... 6.40 3.43 GenworthFin GNW ... 5 5.99 –0.15 ...
39.36 18.06 CousinsProperties CUZ 6.1 19 20.91 +0.75 .32 56.38 33.92 EPR Prop EPR 8.2 20 40.16 +0.52 .275 17.04 5.55 Figs FIGS ... 59 6.65 +0.29 ... 18.52 10.20 GeoPark GPRK 4.6 3 11.21 –0.68 .13
79.66 43.23 CeridianHCM CDAY ... dd 67.02 –0.63 ... 83.00 69.00 Crane CR ... ... 76.26 –3.78 ...
19.92 8.07 ChargePoint CHPT ... dd 8.84 +0.12 ... 51.97 28.11 EQT EQT 1.8 8 32.59 –0.55 .15 136.96 98.24 FMC FMC 1.9 21 123.22 +0.53 .58 6.04 3.57 Gerdau GGB .5 4 4.94 –0.37.0751
49.56 28.53 CraneNXT CXT 3.8 7 49.14 +3.34.1632 63.32 32.12 ESAB ESAB .3 16 59.65 +0.56 .05 14.71 10.48 FNB FNB 4.2 8 11.46 +0.21 .12 10.17 0.23 Getaround GETR ... dd .52 +0.27 ...
288.83 181.36 CharlesRiverLabs CRL ... 21 200.90 –2.79 ... 9.54 5.13 Crawford A CRD.A 2.6 dd 9.06 +0.51 .06
242.59 101.44 ChartIndustries GTLS ... cc 129.50 +1.70 ... 101.52 60.03 ESCO Tech ESE .3 30 97.76 +2.20 .08 16.94 6.42 FreyrBattery FREY ... dd 7.38 –0.88 ... 37.88 3.42 GettyImages GETY ... dd 5.06 –1.26 ...
9.00 5.05 Crawford B CRD.B 2.9 dd 8.21 +0.09 .06 5.84 1.01 ESSTech GWH ... dd 1.06 –0.20 ... 22.61 16.70 FS KKR Cap FSK 13.7 58 18.70 +0.06 .06 36.49 24.66 GettyRealty GTY 5.1 18 33.80 +0.17 .43
15.04 9.34 ChathamLodging CLDT 2.7 cc 10.35 –0.01 .07 158.95 113.21 Credicorp BAP 3.0 9 133.22 +1.603.9936
6.50 1.41 CheetahMobile CMCM ... dd 2.16 –0.59 ... 9.18 4.89 E2open ETWO ... dd 6.65 +0.31 ... 205.63 140.09 FTI Consulting FCN ... 30 196.83 –7.24 ... 36.29 25.67 Gildan GIL 2.3 11 32.50 +0.50 .186
7.37 0.82 CreditSuisse CS 4.4 dd .89 –0.07.0528 78.75 40.13 EagleBulkShip EGLE 5.2 3 46.05 –1.09 .60 140.18 74.57 Fabrinet FN ... 15 95.39 –2.86 ... 4.91 1.17 GinkgoBioworks DNA ... dd 1.31 +0.01 ...
30.05 15.25 Chegg CHGG ... 10 18.48 +0.20 ...
18.96 9.80 CrescentEnergy CRGY 5.9 5 11.45 –1.12 .17 152.15 101.98 EagleMaterials EXP .7 13 145.88 +2.14 .25 474.13 345.92 FactSet FDS .8 37 421.48 +7.51 .89 59.70 34.49 GlacierBancorp GBCI 3.7 13 35.45 –2.22 .33
569.90 430.16 Chemed CHE .3 34 566.71 +4.72 .38
10.96 5.51 CrescentPoint CPG 4.0 4 7.37 –0.41.0736 22.25 10.65 EarthstoneEner ESTE ... 3 13.65 –1.11 ... 728.85 340.48 FairIsaac FICO ... 48 719.23 +21.17 ... 12.53 2.08 Glatfelter GLT .0 dd 4.09 +0.48 .14
44.95 23.58 Chemours CC 3.5 8 28.22 –1.58 .25
32.24 22.11 CrestwoodEquity CEQP10.5 dd 24.99 –0.24 .655 20.47 12.27 EasterlyGovtProp DEA 7.6 41 13.93 –0.01 .265 12.89 3.64 Farfetch FTCH ... 7 4.20 –0.23 ... 60.92 33.33 Glaukos GKOS ... dd 49.57 +0.91 ...
7.34 4.58 CherryHillMtg CHMI19.7 7 5.48 +0.08 .27
30.40 13.20 CrossTimbers CRT 10.4 11 21.85 +1.91.2447 214.30 137.47 EastGroup EGP 3.0 38 168.65 +9.60 1.25 16.06 9.44 FarmlandPtrs FPI 2.3 74 10.63 –0.13 .06 7.60 3.49 GlobalBlue GB ... dd 5.74 –0.26 ...
138.49 105.79 ChesapeakeUtil CPK 1.7 26 128.77 –0.78 .535
196.76 121.71 CrownCastle CCI 5.0 33 125.97 –3.301.565 112.78 69.91 EastmanChem EMN 3.9 13 81.33 –1.49 .79 18.11 7.15 Fastly FSLY ... dd 16.43 +0.50 ... 10.00 4.26 GlblBusTravel GBTG ... dd 6.63 –0.05 ...
189.68 132.54 Chevron CVX 3.6 9 169.12 –3.32 1.51
121.28 66.00 CrownHoldings CCK 1.2 13 78.86 +2.71 .24 7.24 2.78 EastmanKodak KODK ... 23 3.44 –0.22 ... 7.91 0.48 FathomDigital FATH ... dd .49 –0.06 ... 30.72 20.52 GlobalIndemnity GBLI 3.6 dd 27.61 –0.60 .25
52.88 22.22 ChewyA CHWY ... cc 32.87 –1.41 ...
10.67 9.80 CrownPropA CPTK ... cc 10.21 +0.16 ... 178.75 122.50 Eaton ETN 2.1 27 162.88 +1.06 .86 131.18 85.97 FedAgriMtg A AGM.A 3.9 8 112.36 +1.30 1.10 37.32 22.26 GlobalIndl GIC 3.1 13 26.20 –0.28 .20
7.31 3.80 Chico'sFas CHS ... 6 5.37 +0.07 ...
53.51 36.82 CubeSmart CUBE 4.3 36 45.82 –0.25 .49 179.86 131.04 Ecolab ECL 1.3 43 165.60 +1.23 .53 149.37 90.38 FedAgriMtg C AGM 3.2 10 135.87 +4.82 1.10 15.86 7.01 GlobalMedREIT GMRE 9.0 46 9.36 +0.11 .21
10.96 4.91 ChimeraInvt CIM 16.3 dd 5.65 +0.19 .23
160.60 95.75 Cullen/Frost CFR 3.4 12 103.64 –1.54 .87 17.60 8.59 Ecopetrol EC 18.4 3 11.10 –0.54.1479 125.35 86.43 FederalRealty FRT 4.4 21 97.28 +0.91 1.08 15.30 9.82 GlobalNetLease GNL 14.0 dd 11.39 –0.11 .40
9.38 3.87 ChinaGreenAg CGA ... dd 3.94 –0.06 ...
7.72 3.95 Culp CULP ... dd 5.30 +0.04 ... 11.75 8.20 Ecovyst ECVT ... 22 11.29 –0.21 ... 58.15 31.86 FederalSignal FSS .7 26 51.15 –0.20 .09 39.24 20.23 GlobalPtrs GLP 8.3 3 30.50 +0.25.9375
11.20 6.73 ChinaYuchai CYD 5.4 9 7.36 –0.17 .40
261.91 184.28 Cummins CMI 2.7 15 232.88 –0.73 1.57 45.43 32.00 EdgewellPersonal EPC 1.3 24 44.99 +2.42 .15 45.55 27.88 FederatedHermes FHI 2.5 16 42.88 –0.72 .27 143.91 92.27 GlobalPayments GPN .9 cc 108.89 +1.33 .25
1816.70 1196.28 Chipotle CMG ... 56 1800.00 +61.70 ...
182.55 124.37 Curtiss-Wright CW .4 23 174.73 –0.41 .19 73.61 54.45 EdisonIntl EIX 4.0 46 72.93 +1.32.7375 248.76 141.92 FedEx FDX 2.2 15 230.44 –0.25 1.26 24.50 14.62 GlobalShipLease GSL 7.6 3 19.67 –0.76 .375
146.79 104.15 ChoiceHotels CHH .9 22 128.94 +6.16.2875
19.15 9.05 Cushman&Wkfd CWK ... 11 9.63 +0.12 ... 124.19 67.13 EdwardsLife EW ... 35 86.54 +2.18 ... 149.81 99.16 Ferguson FERG 2.2 14 136.92 +7.30 .75 240.00 144.50 Globant GLOB ... 45 154.84 –4.05 ...
231.37 173.78 Chubb CB 1.7 16 201.19 +5.41 .83
7.86 4.54 CustomTruck CTOS ... 40 6.24 –0.25 ... 26.76 8.67 ElancoAnimal ELAN ... dd 9.98 +0.70 ... 286.61 167.45 Ferrari RACE .5 52 278.03 –7.501.9876 123.85 87.87 GlobeLife GL .8 14 107.62 +0.34 .225
44.79 32.90 ChunghwaTel CHT 2.9 26 41.26 +0.531.237
45.78 6.87 CustomersBancorp CUBI ... 3 19.10 +1.59 ... 91.30 46.18 Elastic ESTC ... dd 60.29 +0.61 ... 45.51 31.84 FidNatlFin FNF 5.1 9 35.49 +0.07 .45 80.04 50.92 GlobusMedical GMED ... 31 57.92 +0.38 ...
105.28 70.16 Church&Dwight CHD 1.2 55 91.61 +3.07.2725
11.00 9.75 ChurchillCapV A CCV ... 26 10.07 –0.01 ... D 11.58 5.06 EldoradoGold EGO ... dd 10.68 –0.87 ... 106.65 48.57 FidNatlInfo FIS 3.7 dd 56.28 –1.13 .52 87.92 64.65 GoDaddy GDDY ... 35 77.41 +0.63 ...
10.31 9.74 ChurchillVI A CCVI ... 24 10.14 +0.02 ... 22.14 15.31 ElementSolns ESI 1.8 24 18.24 –0.17 .08 9.08 4.00 51TalkOnlineEd COE ... dd 5.14 –0.04 ... 11.01 9.98 GoGreenInvtsA GOGN ... dd 10.67 +0.09 ...
10.18 9.71 ChurchillVII A CVII ... 25 10.16 ... ... 42.15 26.44 DCP Midstream DCP 4.1 9 41.84 –0.01 .43 549.52 440.02 ElevanceHealth ELV 1.3 18 450.74 –33.72 1.48 2.65 1.19 FinanceofAm FOA ... dd 1.68 –0.15 ... 15.88 7.03 GoldFields GFI 2.1 19 15.46 +0.09.2425
57.74 38.33 Ciena CIEN ... 38 46.89 –4.25 ... 7.57 3.47 DHI Group DHX ... 43 3.79 +0.21 ... 16.88 10.81 EllingtonFin EFC 14.4 dd 12.54 +0.40 .15 5.92 3.40 FinVolution FINV 5.2 3 3.75 –0.03 .215 10.44 9.74 GoldenFalconA GFX ... 42 10.11 ... ...
340.11 240.11 Cigna CI 2.0 12 252.12 –6.98 1.23 12.13 4.98 DHT DHT 5.0 25 9.65 –0.42 .38 9.14 5.70 EllingtonResiMtg EARN13.3 dd 7.21 +0.21 .08 64.66 43.54 FirstAmerFin FAF 3.6 24 57.41 +0.75 .52 20.17 13.28 GoldmanSachsBDC GSBD13.0 26 13.81 +0.06 .45
19.76 8.28 Cinemark CNK ... dd 16.48 +0.20 ... 11.05 4.66 DRDGOLD DRD ... 13 10.63 –0.26 ... 10.40 9.67 ElliottOppIIA EOCW ... 23 10.26 ... ... 16.40 10.69 FirstBanCorp FBP 5.0 7 11.29 +0.10 .14 389.58 277.84 GoldmanSachs GS 2.9 12 341.66 +4.74 2.50
32.02 13.26 CircorIntl CIR ... 29 27.57 –1.08 ... 138.29 100.64 DTE Energy DTE 3.4 21 113.69 +0.71.9525 26.07 16.14 ElmeComms ELME 4.0 dd 17.92 +0.33 .18 16.53 11.57 FirstCmwlthFin FCF 4.1 9 11.85 +0.07 .12 35.36 22.67 Gorman-Rupp GRC 2.9 55 23.76 –0.32 .175
54.56 40.01 Citigroup C 4.2 7 49.03 –0.53 .51 61.12 45.58 DT Midstream DTM 5.3 13 48.80 –0.15 .69 13.50 8.28 EmbotellAndinaA AKO.A10.1 13 12.52 +0.22.2035 24.92 13.40 FirstHorizon FHN 3.3 11 18.25 –0.10 .15 73.10 56.48 Graco GGG 1.3 27 70.95 +0.23 .235
44.82 28.28 CitizensFin CFG 5.8 7 28.80 –0.30 .42 13.23 0.49 D-WaveQuantum QBTS ... dd .56 +0.06 ... 16.36 9.63 EmbotellAndinaB AKO.B 8.9 16 15.65 +0.08.2238 64.80 42.91 FirstIndRlty FR 2.4 18 52.69 +2.25 .32 10.86 9.68 GrafAcqnIV GFOR ... 48 10.18 –0.02 ...
4.52 1.93 Citizens CIA ... dd 2.22 –0.12 ... 36.00 22.46 DXC Tech DXC ... 8 24.13 –1.41 ... 16.75 7.91 Embraer ERJ ... 83 15.79 –0.87 ... 12.28 5.53 FirstMajestic AG .3 dd 7.17 –0.20.0054 9.85 4.07 GrafTechIntl EAF .8 3 4.83 –0.23 .01
16.14 5.80 CityOfficeREIT CIO 13.3 34 6.01 –0.08 .20 19.30 11.17 Dana DAN 2.8 dd 14.36 –0.46 .10 4.55 2.42 EmeraldHldg EEX ... 10 3.92 –0.15 ... 171.09 11.52 FirstRepBank FRC .0 2 14.26 +1.14 .27 14.66 6.51 Graham GHM ... dd 13.22 –0.49 ...
36.88 18.59 Civeo CVEO ... dd 19.48 –1.81 ... 303.82 233.71 Danaher DHR .4 26 252.81 +1.14 .27 7.50 3.46 Emeren SOL ... 3 4.17 –0.09 ... 47.50 35.32 FirstEnergy FE 3.8 57 40.61 –0.23 .39 681.70 525.58 GrahamHoldings GHC 1.1 44 590.27 –3.96 1.65
84.76 44.17 CivitasRscs CIVI 2.9 5 69.63 –4.44 1.65 88.91 51.10 Danaos DAC 5.3 2 57.06 –2.22 .75 40.45 7.74 EmergentBiosol EBS ... dd 10.37 –1.48 ... 12.30 1.31 FiscalNote NOTE ... dd 1.86 –0.84 ... 709.21 440.48 Grainger GWW 1.0 22 670.11 +19.00 1.72
April 24, 2023 BARRON’S 47

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.

NYSE Cumulative Daily Breadth vs DJIA

44.15 25.35 GraniteConstr GVA 1.4 19 37.77 –0.83 .13 22.81 4.19 Lanvin LANV ... dd 5.46 +0.03 ... 95.52 56.51 Matson MATX 1.9 2 65.43 +2.36 .31
11.15 4.35 GranitePointMtg GPMT20.5 dd 4.40 –0.20 .20 63.49 28.88 LasVegasSands LVS ... dd 63.05 +4.80 ... 12.36 8.27 MauiLand MLP ... cc 11.17 –1.01 ...
14.00 4.82 GraniteRidge GRNT 6.9 5 5.47 –0.85 .11 43.44 30.21 Lazard LAZ 5.7 10 35.25 +1.39 .50 52.77 17.51 MaxarTech MAXR .1 dd 52.68 +1.44 .01
25.62 19.08 GraphicPkg GPK 1.6 14 24.42 –0.34 .10 158.44 114.67 Lear LEA 2.3 24 132.49 –2.83 .77 85.25 54.46 Maximus MMS 1.4 27 82.41 –1.24 .28
29.99 10.30 GravitasEduc GEHI ... ... 17.77 +3.98 ... Nothing From Nothing: NYSE Composite breadth fell for the second 10.42 9.80 LearnCWInvtA LCW ... 30 10.34 +0.07 ... 16.66 5.95 MayvilleEngg MEC ... 13 11.93 –0.51 ...
20.83 7.87 GrayTelevision GTN 4.0 2 7.92 –0.52 .08 41.94 30.05 Leggett&Platt LEG 5.6 14 31.55 +0.06 .44 103.82 68.01 McCormickVtg MKC.V 1.8 35 86.13 –0.65 .39
19.90 7.92 GrayTelevision A GTN.A 3.6 2 8.91 +0.31 .08 time in three weeks. The S&P 500 dipped 0.1% in a busy week for 110.91 87.24 Leidos LDOS 1.6 19 91.75 –0.16 .36 104.77 70.60 McCormick MKC 1.8 35 85.68 +0.69 .39
11.33 5.91 GreatAjax AJX 14.9 dd 6.71 +0.01 .25 6.69 1.03 LejuHoldings LEJU ... dd 1.18 –0.02 ... 292.53 228.34 McDonald's MCD 2.1 35 292.06 +3.08 1.52
37.97 16.80 GreenBrickPtrs GRBK ... 6 36.99 +1.93 ... earnings. Losing NYSE stocks narrowly outpaced winners. 32.97 12.08 Lemonade LMND ... dd 12.39 –0.59 ... 10.00 2.81 McEwenMining MUX ... dd 8.43 –1.12 ...
30.29 14.96 GreenDot GDOT ... 15 17.37 +0.29 ... Breadth DJIA 17.48 6.52 LendingClub LC ... 3 7.25 +0.06 ... 401.78 298.69 McKesson MCK .6 17 359.86 –2.14 .54
44.70 23.80 Greenbrier GBX 3.7 25 29.13 –0.27 .27 113.90 62.54 Lennar A LEN 1.3 7 111.20 +6.20 .375 17.01 7.59 MediaAlpha MAX ... dd 9.33 –0.90 ...
14.53 5.65 Greenhill GHL 5.2 dd 7.75 +0.23 .10 594,500 34,600 98.20 52.67 Lennar B LEN.B 1.6 6 96.32 +5.57 .375 19.97 7.10 MedicalProp MPW14.0 6 8.31 +0.03 .29
4.79 2.32 GreenTree GHG ... dd 4.53 –0.04 ... 278.84 182.85 LennoxIntl LII 1.6 19 262.61 +13.33 1.06 193.85 94.52 Medifast MED 6.8 8 96.39 –1.69 1.65
84.87 54.75 Greif B GEF.B 3.7 7 80.18 +2.59 .75 10.97 9.79 LeoHldgsII A LHC ... 37 10.48 +0.01 ... 111.82 75.77 Medtronic MDT 3.2 28 85.73 +5.02 .68
74.22 57.10 Greif A GEF 3.1 8 63.92 +1.01 .50
589,000 33,400 20.49 13.57 LeviStrauss LEVI 3.2 12 14.91 –0.26 .12 116.45 83.05 Merck MRK 2.5 20 115.37 +0.06 .73
19.54 16.15 GreystoneHousing GHI 9.0 6 16.53 –0.43 .37 8.49 4.48 Li-Cycle LICY ... dd 4.69 –0.94 ... 54.33 27.89 MercuryGeneral MCY 4.1 dd 31.02 +1.03.3175
43.74 17.56 Griffon GFF 1.4 dd 28.71 –1.832.00 583,500 32,200 19.08 10.71 LibertyEnergy LBRT 1.5 4 13.41 –0.03 .05 18.84 12.49 MeridianLink MLNK ... cc 15.27 –0.73 ...
71.51 4.50 Grindr GRND ... dd 6.48 +0.21 ... 147.73 94.02 LifeStorage LSI 3.6 31 132.94 –4.06 1.20 130.68 62.51 MeritageHomes MTH .9 5 126.78 +6.73 .27
242.68 136.16 Group1Auto GPI .7 5 228.78 +0.84 .45 20.35 8.75 LifeTime LTH ... dd 17.96 +0.36 ... 28.00 8.76 MesaRoyalty MTR 9.8 10 20.65 +1.65.2379
12.50 0.18 GroveCollab GROV ... dd .49 +0.04 ...
578,000 31,000 1.88 0.73 LightInTheBox LITB ... dd 1.39 –0.07 ... 29.95 16.56 MesabiTrust MSB 7.5 13 25.19 –0.14 .84
Breadth 587,392
200.85 126.01 GpoAeroportuar PAC 3.8 ... 173.53 –19.643.3121 4.93 0.25 Lightng eMotors ZEV ... 2 .32 +0.03 ... 1.90 0.70 MetaData AIU ... dd 1.07 –0.22 ...
314.48 179.01 GpoAeroportSur ASR 2.7 17 282.94 –20.834.5984 572,500 29,800 28.35 12.71 Lightspeed LSPD ... dd 13.54 –0.58 ... 10.30 9.65 MetalsAcqn MTAL ... dd 10.26 +0.03 ...
4.93 1.96 GpoAvalAcc AVAL10.4 15 2.59 –0.06.0161 386.27 276.83 EliLilly LLY 1.2 57 385.24 +10.51 1.13 51.38 33.91 MethodeElec MEI 1.3 18 41.78 –1.08 .14
3.22 1.20 GpoSupervielle SUPV 1.3 dd 2.37 –0.27.0151 567,000 28,600 67.50 19.74 LincolnNational LNC 8.6 dd 20.96 –0.01 .45 77.36 52.83 MetLife MET 3.3 21 60.17 –0.45 .50
10.62 4.38 GrupoTelevisa TV ... dd 4.87 –0.50 ... 367.51 262.47 Linde LIN 1.4 44 366.21 +6.541.275 99.29 13.98 MetropolitanBk MCB ... 6 33.92 +4.17 ...
37.89 23.15 GuarantyBcshrs GNTY 3.7 8 24.63 –1.72 .23 M J J A S O N D J F M A 183.08 116.77 Lindsay LNN 1.1 18 127.62 –0.66 .34 1615.97 1065.55 Mettler-Toledo MTD ... 41 1559.39 –17.56 ...
24.15 14.27 Guess GES 4.5 9 19.88 +0.48 .225 In generating this chart, we subtract each day's NYSE composite declines from that day's advances. The resultant total is 6.79 1.68 LionElectric LEV ... 24 2.16 +0.40 ... 212.66 138.68 MidAmApt MAA 3.7 27 150.13 +3.07 1.40
92.48 52.08 Guidewire GWRE ... dd 77.90 –0.05 ... added to the next day's total, and so on. When all five days' numbers are added together, this produces the weekly figure we 15.51 5.46 LionsGate A LGF.A ... dd 11.78 +0.92 ... 36.25 21.00 MillerIndustries MLR 2.2 19 33.32 –1.11 .18
12.91 7.18 GuildHldgs GHLD ... 2 11.00 +0.10 ... plot. Dec. 31, 1985 =1000. 14.30 5.19 LionsGate B LGF.B ... dd 10.91 +0.81 ... 73.57 49.38 MineralsTechs MTX .3 16 58.50 –1.47 .05
108.10 60.15 GulfportEnergy GPOR ... 5 83.10 +1.62 ... 314.83 180.00 LithiaMotors LAD .7 6 227.17 +1.56 .50 9.53 5.40 MirionTech MIR ... dd 8.44 +0.02 ...
33.10 17.58 LithiumAmericas LAC ... dd 19.04 –1.35 ... 15.03 7.80 MisterCarWash MCW ... 25 8.65 +0.02 ...
H 110.78 64.25 LiveNationEnt LYV ... cc 66.98 –1.98 ... 8.31 3.38 MistrasGroup MG ... 37 7.87 +0.06 ...
–52-Week– Tick Div –52-Week– Tick Div
294.02 164.47 HCA Healthcare HCA .9 14 281.21 +7.86 .60 High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. 49.39 17.31 LiveOakBcshs LOB .5 6 23.70 +0.51 .03 7.71 4.31 MitsubishiUFJ MUFG 2.8 27 6.45 –0.05.1021
73.16 27.65 HCI Group HCI 2.9 dd 54.57 +4.98 .40 4.71 1.38 Hyliion HYLN ... dd 1.44 –0.11 ... 12.24 7.95 JanusIntl JBI ... 13 9.17 –0.04 ... 10.63 9.55 LiveOakCrestA LOCC ... dd 10.12 ... ... 11.40 6.75 MiX Telematics MIXT 2.2 31 7.99 –0.09.0574
71.76 50.61 HDFC Bank HDB .7 23 70.89 +0.46.5805 53.03 20.99 HysterYaleMatls HY 2.5 dd 52.48 +3.05.3225 40.68 24.72 JefferiesFin JEF 3.8 13 31.30 +0.33 .30 10.36 9.64 LiveOakCrestview LOCC.UT ... ... 10.36 +0.18 ... 3.30 2.10 MizuhoFin MFG 3.1 9 3.00 +0.04 .062
66.19 34.90 HF Sinclair DINO 4.1 3 44.33 –2.11 .45 2.22 1.05 JianpuTech JT ... dd 1.45 –0.08 ... 36.38 18.26 Livent LTHM ... 15 20.66 –1.09 ... 43.18 20.95 ModelN MODN ... dd 33.66 –0.31 ...
I 76.92 38.43 JinkoSolar JKS ... 32 47.57 –1.75 ... 35.06 15.37 LiveRamp RAMP ... dd 23.55 +0.36 ... 26.90 7.67 ModineMfg MOD ... 16 21.25 –0.47 ...
10.68 9.78 HH&L Acqn HHLA ... 30 10.38 +0.04 ...
39.44 24.61 HNI HNI 4.9 9 26.30 +0.45 .32 7.15 3.15 JobyAviation JOBY ... dd 3.84 –0.11 ... 12.27 4.20 LiveWire LVWR ... dd 7.30 +0.80 ... 19.25 9.61 Modiv MDV 10.2 dd 11.22 +0.71.0958
23.75 17.07 ICICI Bank IBN .5 19 21.99 –0.25.1124
40.79 24.08 HP HPQ 3.6 12 29.48 –0.34.2625 126.75 81.59 JohnBeanTech JBT .4 26 107.49 +2.12 .10 2.63 1.70 LloydsBanking LYG 4.7 ... 2.40 –0.01.0385 50.23 33.12 Moelis MC 5.6 20 42.78 +1.20 .60
12.53 6.07 ICL Group ICL 2.5 4 6.12 –0.18.1383
39.63 24.77 HSBC HSBC 4.5 10 35.69 –0.65 1.15 186.69 150.11 J&J JNJ 2.8 34 162.69 –3.15 1.19 3.47 1.25 loanDepot LDI ... dd 1.74 +0.05 ... 159.00 87.02 MohawkInds MHK ... cc 96.94 –1.00 ...
115.92 93.53 IDACORP IDA 2.8 22 111.32 +0.98 .79
6.50 1.64 HUYA HUYA ... dd 3.19 +0.10 ... 69.60 45.52 JohnsonControls JCI 2.5 32 58.61 +1.12 .36 8.57 0.30 LocalBounti LOCL ... dd .52 +0.03 ... 374.00 249.78 MolinaHealthcare MOH ... 20 275.54 –18.16 ...
35.18 21.68 IDT IDT ... 18 32.50 +0.19 ...
91.39 48.67 Haemonetics HAE ... 46 85.32 +0.54 ... 228.32 132.28 JonesLang JLL ... 10 132.78 –1.25 ... 508.10 373.67 LockheedMartin LMT 2.5 22 482.55 –5.443.00 97.70 53.76 MolsonCoorsA TAP.A 2.8 dd 59.51 –8.48 .41
12.77 4.91 IHS Holding IHS ... dd 9.23 +0.19 ...
13.58 7.23 Hagerty HGTY ... dd 9.27 +0.59 ... 10.08 2.79 JumiaTech JMIA ... dd 2.92 –0.03 ... 66.40 49.36 Loews L .4 14 56.44 +0.20.0625 60.12 46.69 MolsonCoorsB TAP 2.8 dd 58.32 +2.26 .41
14.72 8.14 ING Groep ING 4.4 ... 12.90 –0.27.1737
9.05 5.59 Haleon HLN .6 31 8.94 +0.12.0577 10.78 9.88 JuniperII A JUN ... 18 10.44 +0.02 ... 7.95 4.45 LomaNegra LOMA 3.9 cc 6.55 –0.54.6907 2.73 0.41 MoneyLion ML ... dd .42 –0.03 ...
3.53 0.64 INNOVATE VATE ... dd 2.92 –0.01 ...
43.99 23.30 Halliburton HAL 1.9 19 33.40 –0.23 .16 36.22 25.18 JuniperNetworks JNPR 2.8 22 31.31 –2.68 .22 78.09 48.20 LouisianaPacific LPX 1.6 5 61.33 +2.30 .24 55.00 28.36 MontroseEnvl MEG ... dd 30.87 –1.13 ...
21.24 13.20 Invesco IVZ 4.4 11 17.07 +0.18.1875
14.93 9.18 HamiltonBeach HBB 4.3 5 9.73 –0.35 .105 223.31 170.12 Lowe's LOW 2.0 21 211.04 +8.86 1.05 335.91 230.16 Moody's MCO 1.0 41 303.59 +1.27 .77
249.11 165.75 IQVIA IQV ... 35 202.31 +1.96 ... K 7.05 1.26 LufaxHolding LU 10.7 3 1.83 –0.20 .05 102.69 70.25 Moog A MOG.A 1.1 20 97.22 –1.63 .27
14.31 4.73 Hanesbrands HBI 12.1 dd 4.96 +0.10 .15 7.10 3.16 IRSA IRS ... 3 5.70 –0.44 ...
46.24 21.56 HannonArmstrong HASI 5.5 63 28.48 +0.60 .395 17.66 11.15 KAR Auction KAR ... dd 13.59 +0.12 ... 12.54 2.06 LumenTech LUMN .0 dd 2.23 –0.04 .25 100.99 72.05 MorganStanley MS 3.4 16 91.12 +4.41 .775
95.18 63.77 ITT ITT 1.4 19 83.65 +0.59 .29 2.75 1.84 LumentFinance LFT 12.0 18 2.00 +0.08 .06 71.02 41.16 Mosaic MOS 1.8 4 44.05 –2.94 .20
154.45 119.82 HanoverIns THG 2.7 38 121.21 –3.93 .81 3.23 0.92 IamGold IAG ... dd 2.86 –0.24 ... 49.67 30.14 KB Financial KB 2.4 4 37.24 +0.16.3829
51.77 29.80 HarleyDavidson HOG 1.8 8 37.60 +0.50 .165 42.61 24.78 KB Home KBH 1.4 5 41.69 +2.00 .15 17.83 12.71 Luxfer LXFR 3.3 16 15.80 +0.16 .13 10.75 9.81 MotiveCapII A MTVC ... cc 10.46 +0.02 ...
10.78 9.94 IconicSportsA ICNC ... 25 10.52 ... ... 117.22 71.46 LyondellBasell LYB 5.1 8 93.83 –3.02 1.19 293.32 195.18 MotorolaSol MSI 1.2 37 292.75 +1.29 .88
4.79 1.94 HarmonyGold HMY ... 26 4.39 –0.20 ... 246.23 172.19 IDEX IEX 1.1 28 217.76 –1.77 .60 58.00 41.96 KBR KBR .9 47 57.02 +0.58 .135
11.46 3.73 Harsco HSC ... dd 6.72 –0.08 ... 21.08 9.09 KE Holdings BEKE ... dd 17.49 +0.43 ... 39.64 24.81 Movado MOV 5.2 6 26.75 +0.53 1.00
4.26 1.34 iHuman IH ... 11 3.25 +0.07 ... M 76.00 50.05 MuellerIndustries MLI 1.7 6 68.73 +0.10 .30
79.44 60.17 HartfordFinl HIG 2.4 13 69.54 +1.50 .425 253.37 173.52 IllinoisToolWks ITW 2.2 24 236.19 +4.87 1.31 60.53 41.77 KKR KKR 1.2 dd 52.52 +0.61 .155
38.85 22.77 HavertyFurn HVT 3.7 6 30.41 –1.66 .28 20.72 10.10 KKR RealEstFin KREF15.1 50 11.37 +0.08 .43 193.42 110.00 M&T Bank MTB 4.2 10 124.09 +7.50 1.30 14.62 9.90 MuellerWater MWA 1.8 27 13.53 –0.02 .061
21.27 12.13 Imax IMAX ... dd 20.24 –0.52 ... 6.19 0.87 MultiPlan MPLN ... dd 1.02 –0.08 ...
37.62 24.55 HavertyFurn A HVT.A 3.3 6 31.25 –0.69 .26 5.25 2.77 IndependenceContr ICD ... dd 2.99 –0.17 ... 5.71 1.06 KoreGroup KORE ... dd 1.26 +0.14 ... 14.48 7.86 MBIA MBI ... dd 10.85 +0.51 ...
44.12 33.18 HawaiianElec HE 3.7 18 39.42 +0.75 .36 15.23 11.19 KT KT 5.6 6 11.40 –0.34.7482 41.41 27.04 MDC Holdings MDC 5.1 5 39.51 +1.63 .50 51.29 25.97 MurphyOil MUR 3.0 6 37.19 –1.91 .275
28.37 14.55 IndepRealty IRT 3.4 31 16.34 +0.44 .14 323.00 217.39 MurphyUSA MUSA .5 10 273.45 +0.54 .37
11.04 9.70 HawksAcqnA HWKZ ... cc 10.16 –0.02 ... 66.25 38.04 IndustrsBachoco IBA 1.8 9 53.00 –6.79.4887 221.27 154.19 Kadant KAI .6 19 193.24 –0.81 .29 32.53 24.92 MDU Rscs MDU 3.0 17 29.81 –0.08.2225
16.89 7.97 Hayward HAYW ... 15 11.63 +0.60 ... 24.29 1.61 Kaleyra KLR ... dd 1.77 –0.07 ... 15.19 7.15 MFA Financial MFA 13.4 dd 10.48 +0.55 .35 26.49 16.08 MyersIndustries MYE 2.7 12 20.16 –0.16 .135
10.77 9.81 InfiniteAcqnA NFNT ... cc 10.45 +0.01 ...
32.03 18.00 HealthcareRealty HR 7.2 cc 19.48 +0.01 .31 10.65 9.99 InFinTAcqnA IFIN ... dd 10.63 +0.01 ... 45.67 18.88 Kaman KAMN 3.6 dd 22.04 –0.11 .20 15.76 11.38 MGIC Investment MTG 2.8 5 14.30 +0.15 .10 N
35.19 20.21 HealthpeakProp PEAK 5.7 23 21.13 +0.12 .30 23.87 14.96 Informatica INFA ... dd 15.70 –0.18 ... 77.17 63.74 Kellogg K 3.5 24 67.35 +0.35 .59 46.24 26.41 MGM Resorts MGM .0 13 44.88 +1.33.0025
10.86 9.88 HeartlandMediaA HMA ... 24 10.43 +0.01 ... 20.79 14.76 Infosys INFY 1.6 21 14.87 –0.31.2013 68.15 40.65 Kemper KMPR 2.3 dd 54.91 +2.33 .31 67.64 34.33 MI Homes MHO ... 4 65.19 +3.68 ... 63.19 31.25 NACCO Inds NC 2.3 4 36.43 –0.30.2075
7.00 3.41 HeclaMining HL .2 dd 6.11 –0.50.0025 60.39 39.28 IngersollRand IR .1 38 55.34 –0.36 .02 30.60 20.21 Kennametal KMT 3.1 17 26.01 –0.34 .20 19.49 4.45 MinisoGroup MNSO .0 33 16.39 –0.22 .152 13.92 8.12 N-able NABL ... cc 13.20 –0.28 ...
177.55 126.95 Heico HEI .1 66 171.65 +3.29 .10 90.81 58.44 Ingevity NGVT ... 13 71.22 –1.50 ... 24.11 13.97 KennedyWilson KW 5.9 36 16.32 +0.15 .24 3.44 1.41 MOGU MOGU ... ... 2.58 +0.31 ... 41.94 18.06 NCR NCR ... 74 22.21 –0.47 ...
140.60 102.33 Heico A HEI.A .1 53 136.73 +3.19 .10 106.98 78.81 Ingredion INGR 2.7 14 104.83 –0.25 .71 59.89 26.66 KenonHoldings KEN 10.4 5 26.82 –0.31 2.79 35.37 27.47 MPLX MPLX 8.9 9 34.78 –0.13 .775 4.03 1.00 NGL Energy NGL ... dd 2.97 +0.09 ...
4.60 0.19 Heliogen HLGN ... dd .30 –0.04 ... 159.76 67.10 InnovativeIndProp IIPR 10.4 13 69.07 –1.67 1.80 10.91 9.98 KensingtonCapAcqnV KCGI.UT ... ... 10.61 –0.04 ... 43.55 22.53 MP Materials MP ... 15 22.74 –5.26 ... 24.43 8.03 NIO NIO ... dd 8.33 –0.94 ...
73.64 48.27 HeliosTech HLIO .6 20 61.71 +1.28 .09 10.57 9.85 KensingtonCapV A KCGI ... 12 10.47 +0.02 ... 13.90 7.03 MRC Global MRC ... 16 9.39 –0.07 ... 10.71 5.75 NL Industries NL 4.3 9 6.47 –0.09 .07
6.25 0.75 Innovid CTV ... dd .99 +0.15 ...
9.16 2.47 HelixEnergy HLX ... dd 7.66 –0.05 ... 21.19 9.61 KeyCorp KEY 7.1 7 11.59 –0.50 .205 146.33 108.75 MSA Safety MSA 1.4 29 130.93 +0.18 .46 24.83 13.98 NOV NOV 1.1 47 18.28 –0.54 .05
10.71 9.78 InsightAcqnA INAQ ... 26 10.23 +0.01 ...
54.59 32.69 Helm&Payne HP 2.8 25 35.99 –1.44 .235 189.45 127.93 KeysightTech KEYS ... 23 148.37 –11.19 ... 572.50 376.41 MSCI MSCI 1.0 51 544.60 +4.57 1.38 14.86 8.79 NOW DNOW ... 9 10.70 –0.10 ...
131.09 87.74 Insperity NSP 1.6 28 129.74 +6.21 .52
30.65 12.04 Herbalife HLF ... 5 14.89 +0.22 ... 75.90 27.03 KilroyRealty KRC 7.2 15 30.11 +0.49 .54 91.79 71.33 MSC Industrial MSM 3.5 14 91.30 +2.88 .79 47.82 30.25 NRG Energy NRG 4.4 7 34.40 –0.81.3775
282.31 142.74 InspireMedical INSP ... dd 274.95 +13.69 ...
162.47 83.43 HercHoldings HRI 2.5 9 103.05 –8.17.6325 10.76 9.99 KimbellTigerA TGR ... cc 10.56 +0.02 ... 10.56 9.44 M3-Brigade II A MBAC ... 15 10.00 +0.02 ... 5986.96 3576.01 NVR NVR ... 12 5924.20 +291.65 ...
125.87 69.44 InstalledBldg IBP 1.1 16 122.22 +10.35 .90
18.62 10.94 HerculesCapital HTGC12.0 17 12.99 +0.37 .08 144.53 108.74 KimberlyClark KMB 3.3 25 141.57 +4.24 1.18 10.38 9.85 M3-BrigadeIII A MBSC ... dd 10.34 +0.01 ... 10.52 9.95 NaborsEnerA NETC ... cc 10.51 +0.03 ...
47.70 24.00 InsteelInds IIIN .4 7 27.55 –0.10 .03
6.17 1.12 HeritageInsurance HRTG 7.0 dd 3.43 +0.47 .06 26.57 17.34 KimcoRealty KIM 4.8 cc 19.18 +0.48 .23 16.41 8.38 MV Oil MVO17.2 6 12.45 –0.37 .345 193.88 92.66 NaborsIndustries NBR ... dd 112.18 –6.83 ...
31.47 15.68 Instructure INST ... dd 26.48 +0.78 ...
12.15 5.76 HershaHospitality HT 3.1 2 6.45 +0.02 .05 20.20 15.78 KinderMorgan KMI 6.5 15 17.37 –0.44.2825 15.90 5.30 Mytheresa MYTE ... dd 5.30 –1.96 ... 50.00 31.30 NatlBankHoldings NBHC 3.1 12 31.85 –0.55 .25
83.18 50.05 IntegerHoldings ITGR ... 42 82.33 +2.75 ...
262.64 201.42 Hershey HSY 1.6 33 260.85 +4.571.036 44.99 27.80 Kinetik KNTK 9.7 22 31.05 –1.18 .75 14.51 7.40 Macerich MAC 6.9 dd 9.91 +0.34 .17 75.97 53.94 NationalFuelGas NFG 3.5 8 55.03 –1.08 .475
10.90 9.94 IntegratedRailA IRRX ... 32 10.60 ... ...
160.52 90.34 Hess HES 1.2 20 143.84 –5.09.4375 10.60 5.15 KingswayFin KFS ... 5 8.09 –0.42 ... 25.82 15.10 Macy's M 3.9 4 17.07 –0.67.1654 77.94 47.22 NationalGrid NGG 4.3 13 71.34 +1.731.0307
10.85 9.93 IntegratedWellA WEL ... cc 10.57 +0.01 ... 5.68 3.00 KinrossGold KGC 2.4 dd 4.96 –0.38 .03
34.99 24.33 HessMidstream HESM 7.9 14 28.84 –0.40.5696 120.97 88.60 ICE ICE 1.6 42 108.35 +0.84 .42 35.00 28.27 MSG Ent MSGE ... ... 30.99 ... ... 67.16 48.05 NatlHealthInv NHI 7.2 34 49.99 –0.22 .90
17.25 11.90 HewlettPackard HPE 3.3 22 14.46 –1.45 .12 337.12 196.00 KinsaleCapital KNSL .2 48 330.80 +19.42 .14 201.72 136.61 MSG Sports MSGS .0 89 198.67 +1.68 7.00 81.50 59.99 NatlPrestoInds NPK 1.4 24 70.79 –0.423.00
72.10 47.06 InterContinentl IHG 2.0 33 70.45 +1.17 .945 76.34 55.03 Kirby KEX ... 34 68.12 –1.36 ...
74.99 47.38 Hexcel HXL .7 46 68.19 +0.92 .125 32.54 19.65 IntercorpFinSvcs IFS 5.0 6 23.67 –0.23 1.18 56.88 44.79 MagellanMid MMP 7.4 11 56.25 +0.251.0475 48.42 38.05 NatlRetailProp NNN 5.1 23 43.18 +0.64 .55
44.73 19.45 HighwoodsProp HIW 8.8 15 22.84 +0.17 .50 23.31 16.42 KiteRealty KRG 4.3 dd 21.16 +1.03 .24 68.92 45.58 MagnaIntl MGA 3.5 26 52.56 –1.79 .46 64.98 34.90 NatlStorage NSA 5.6 39 38.94 –0.30 .55
153.21 115.55 IBM IBM 5.2 64 125.73 –2.41 1.65 64.35 42.50 Knight-Swift KNX 1.0 14 56.50 +0.73 .14
53.54 36.16 Hillenbrand HI 1.9 16 45.99 +0.01 .22 135.17 81.53 IntlFlavors IFF 3.4 dd 96.38 +1.72 .81 20.64 8.45 Magnachip MX ... dd 9.10 –0.30 ... 9.12 3.61 Natura&Co NTCO 1.1 dd 4.14 –0.49.0492
34.87 24.18 Hilltop HTH 2.1 18 30.68 +1.15 .16 11.30 9.87 KnightSwanA KNSW ... cc 10.42 +0.01 ... 30.31 18.01 MagnoliaOil MGY 2.0 5 21.34 –1.95 .115 15.00 9.11 NaturalGasSvcs NGS ... dd 10.67 –0.19 ...
28.81 15.01 IntlGameTech IGT 2.8 21 28.65 +1.29 .20 18.70 4.72 KnotOffshore KNOP 2.1 3 4.87 –0.14 .026
51.81 32.12 HiltonGrandVac HGV ... 16 45.89 –0.91 ... 49.39 30.69 IntlPaper IP 5.1 7 36.04 +0.13.4625 10.58 9.74 MagnumOpusA OPA ... 17 10.25 –0.02 ... 24.25 8.00 NaturalGrocers NGVC 3.6 15 11.09 +0.10 .10
162.55 108.41 Hilton HLT .4 33 148.02 +3.71 .15 20.25 11.57 Knowles KN ... dd 16.35 –0.05 ... 45.67 31.66 MainStreetCap MAIN 6.7 12 40.05 +0.49 .225 65.72 36.21 NaturalResPtrs NRP 5.6 4 53.40 +1.02 2.43
53.25 17.89 IntlSeaways INSW 1.2 5 40.03 –0.18 1.88 60.40 20.90 Kohl's KSS 8.6 dd 23.16 –0.22 .50
6.50 4.93 HimalayaShipping HSHP ... ... 5.80 –0.04 ... 27.34 10.41 ManchesterUnited MANU .9 dd 21.01 –1.01 .09 13.33 4.40 Natuzzi NTZ ... dd 5.10 +0.10 ...
39.52 25.14 Interpublic IPG 3.3 16 37.50 –0.38 .31 30.89 11.75 Philips PHG 4.1 dd 19.03 +1.24.9641
12.04 2.72 Hims&HersHealth HIMS ... dd 11.68 +1.92 ... 20.20 7.53 Manitowoc MTW ... dd 15.58 +0.52 ... 7.80 4.71 NatWest NWG 3.6 8 6.83 –0.10.3958
105.92 25.25 IntrepidPotash IPI ... 5 25.80 –1.48 ... 53.83 30.98 KontoorBrands KTB 4.1 11 46.31 –1.01 .48
49.00 11.30 Hippo HIPO ... dd 18.48 +1.44 ... 95.76 64.00 Manpower MAN 3.6 11 74.59 –5.42 1.36 3.38 1.23 Nautilus NLS ... dd 1.31 +0.02 ...
32.93 20.82 InvenTrust IVT 3.8 29 22.57 +0.14.2155 38.42 20.11 Koppers KOP .7 11 33.70 –0.43 .06
18.66 6.88 HireRight HRT ... 6 10.92 +0.80 ... 21.19 14.92 ManulifeFinl MFC 4.6 7 19.35 +0.18.2703 15.21 9.81 NavigatorHldgs NVGS ... 20 13.96 –0.04 ...
18.80 9.60 InvescoMtg IVR 15.1 dd 10.59 +0.34 .40 9.50 5.76 KoreaElecPwr KEP ... dd 7.22 +0.04 ...
12.68 1.88 Holley HLLY ... 4 2.31 +0.14 ... 33.42 19.42 MarathonOil MRO 1.5 5 24.09 –1.64 .10 4.78 1.53 NaviosMaritime NM ... dd 1.88 +0.13 ...
9.00 1.17 Invitae NVTA ... dd 1.35 –0.02 ... 66.65 46.47 KornFerry KFY 1.2 10 49.09 –2.09 .15
20.00 15.12 HollyEnergy HEP 8.2 10 17.06 –0.33 .35 138.83 77.62 MarathonPetrol MPC 2.4 4 123.53 –7.25 .75 99.49 72.94 Nelnet NNI 1.1 9 95.64 +4.63 .26
43.78 28.52 InvitatHomes INVH 3.1 70 33.29 +1.09 .26 8.55 4.64 KosmosEnergy KOS ... 15 6.91 –0.65 ...
26.20 19.83 HomeBancShares HOMB 3.3 13 21.74 +1.00 .18 51.26 29.26 Marcus&Millichap MMI 1.6 12 31.66 –0.26 .25 4.44 1.59 NerdyA NRDY ... dd 4.09 +0.04 ...
9.71 3.04 IonQ IONQ ... dd 6.25 –0.46 ... 58.97 41.82 Kroger KR 2.2 16 47.92 +1.27 .26
347.25 264.51 HomeDepot HD 2.8 18 300.04 +7.85 2.09 18.23 13.41 Marcus MCS 1.2 dd 17.23 –0.31 .05 23.35 17.07 Netstreit NTST 4.5 cc 17.78 +0.05 .20
57.67 43.33 IronMountain IRM 4.6 28 53.91 +1.15.6185 19.78 8.25 KronosWorldwide KRO 8.2 10 9.22 –0.06 .19
27.40 21.44 HondaMotor HMC 3.0 8 25.92 –0.18.4426 14.45 1.11 MariaDB MRDB ... 6 1.51 +0.18 ... 74.08 28.75 Nevro NVRO ... dd 33.22 –3.27 ...
3.38 0.20 IronNet IRNT ... dd .26 –0.04 ... 3.87 0.33 KukeMusic KUKE ... dd .90 –0.16 ...
42.24 31.25 HoraceMannEdu HMN 4.1 dd 31.82 –0.84 .33 14.55 7.75 MarineProducts MPX 4.2 11 13.43 +0.20 .14 55.84 38.07 NewJerseyRscs NJR 2.9 18 53.32 –0.02 .39
3.94 2.50 ItauCorpBanca ITCB 4.9 4 3.41 –0.25.1646 17.21 7.93 Kyndryl KD ... dd 14.31 –0.52 ...
54.91 37.78 HormelFoods HRL 2.8 22 39.85 +0.59 .275 45.84 26.23 MarineMax HZO ... 3 27.91 +0.23 ... 46.63 9.29 NewOrientalEduc EDU ... dd 43.02 +5.40 ...
6.07 3.90 ItauUnibanco ITUB ... 9 5.03 –0.23 ...
110.37 59.25 DR Horton DHI .9 7 106.58 +8.33 .25 L 1483.98 1064.09 Markel MKL ... dd 1329.56 +9.88 ... 80.88 41.66 NewRelic NEWR ... dd 72.27 –1.23 ...
102.36 74.18 HoulihanLokey HLI 2.2 25 94.82 +4.45 .53 J 3.70 0.71 Markforged MKFG ... dd .97 +0.18 ... 11.02 5.81 NY CmntyBcp NYCB 7.5 7 9.02 +0.34 .17
74.50 33.20 Hovnanian HOV ... 2 71.07 +6.52 ... 139.89 89.28 LCI Inds LCII 3.7 7 114.47 +3.29 1.05 165.85 110.08 MarriottVacations VAC 2.1 16 138.74 +2.55 .72 42.40 27.59 NYTimes A NYT 1.1 38 39.85 –0.03 .11
103.21 50.90 HowardHughes HHC ... 21 76.93 +1.03 ... 27.93 13.37 JBG SMITH Prop JBGS 6.5 21 13.76 +0.02 .225 7.42 4.08 LG Display LPL .0 dd 6.16 –0.23 .231 180.59 143.33 Marsh&McLen MMC 1.3 28 179.97 +6.79 .59 372.50 280.28 NewMarket NEU 2.3 13 369.24 +1.50 2.10
44.37 29.84 HowmetAerospace HWM .4 39 42.93 +0.39 .04 21.37 8.38 JELD-WEN JELD ... 24 12.33 +0.04 ... 15.02 3.06 LL Flooring LL ... dd 3.18 –0.21 ... 386.73 284.99 MartinMarietta MLM .7 26 354.59 +5.39 .66 75.66 37.45 Newmont NEM 3.4 dd 47.62 –1.90 .40
263.30 170.21 Hubbell HUBB 1.9 22 230.63 +2.90 1.12 30.36 15.00 J.Jill JILL ... 9 25.49 +0.14 ... 23.99 8.99 LSB Inds LXU ... 3 9.09 –0.49 ... 58.18 42.33 Masco MAS 2.2 14 50.79 +2.15 .285 4.91 2.38 NewparkResources NR ... dd 3.97 +0.02 ...
431.60 245.03 HubSpot HUBS ... dd 423.85 +7.65 ... 144.34 101.28 JPMorganChase JPM 2.8 10 140.54 +1.81 1.00 45.49 31.90 LTC Properties LTC 6.6 14 34.31 –0.17 .19 94.98 65.71 MasoniteIntl DOOR ... 10 90.88 –0.31 ... 9.85 4.27 NexaResources NEXA .0 17 6.40 –0.30.1888
6.89 3.08 HudbayMinerals HBM .3 19 5.10 ....0076 89.10 48.80 Jabil JBL .4 11 78.81 –4.95 .08 255.10 189.73 L3HarrisTech LHX 2.3 37 202.03 +1.52 1.14 103.50 62.36 MasTec MTZ ... cc 86.18 –2.21 ... 5.53 3.39 NexGenEnergy NXE ... dd 3.57 –0.17 ...
25.70 5.27 HudsonPacProp HPP 17.6 dd 5.68 +0.04 .25 10.72 9.79 JacksonAcqnA RJAC ... 25 10.33 +0.02 ... 13.28 8.81 LXP Industrial LXP 5.2 25 9.66 +0.14 .125 15.00 7.08 MasterBrand MBC ... ... 7.87 +0.28 ... 25.98 12.76 NexPointRealEst NREF15.4 76 13.01 –0.83 .185
571.30 410.87 Humana HUM .7 22 491.21 –32.62 .885 49.60 23.56 JacksonFinl JXN 6.8 1 36.41 –0.37 .62 33.06 21.92 La-Z-Boy LZB 2.6 7 28.25 +0.29.1815 390.00 276.87 Mastercard MA .6 37 375.24 +2.81 .57 95.04 38.67 NexPointResidentl NXRT 3.8 dd 44.00 +1.01 .42
260.02 194.36 HuntingIngalls HII 2.4 14 208.71 –1.24 1.24 147.69 106.78 JacobsSolns J .9 23 114.75 –0.26 .26 274.36 200.32 LabCorp.ofAmerica LH 1.2 17 233.00 +3.65 .72 73.78 41.17 MatadorRscs MTDR 1.2 5 49.13 –3.67 .15 4.84 1.82 Nextdoor KIND ... dd 2.23 –0.08 ...
37.13 23.54 Huntsman HUN 3.5 12 26.80 –0.15.2375 30.01 17.25 JamesHardie JHX 1.0 21 22.63 +0.23 .30 12.31 8.67 LadderCapital LADR 9.9 8 9.25 +0.23 .23 119.75 64.89 Materion MTRN .5 27 110.25 –3.65 .125 91.35 67.22 NextEraEnergy NEE 2.4 38 78.99 +0.97.4675
125.07 70.12 HyattHotels H ... 29 117.40 +5.43 ... 32.99 19.09 JanusHenderson JHG 6.0 13 26.14 –0.36 .39 110.92 60.59 LambWeston LW 1.0 29 110.35 +1.64 .28 28.99 18.29 Mativ MATV 7.9 cc 20.15 –0.94 .40 12.50 6.66 NexTierOilfield NEX ... 6 8.06 –0.53 ...
48 BARRON’S April 24, 2023

D ATA NEW YORK STOCK EXCHANGE COMPOSITE LIST B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div –52-Week– Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
86.80 55.10 NicoletBankshares NIC ... 13 57.19 –4.07 ... 27.19 13.40 PanAmerSilver PAAS 2.3 dd 17.12 –1.61 .10 25.50 14.75 RXO RXO ... 24 18.64 –0.25 ... 54.34 36.64 SensataTechs ST .9 24 47.81 +0.47 .12 12.72 8.60 SunstoneHotel SHO 2.1 28 9.71 +0.10 .05
134.93 82.22 Nike NKE 1.1 36 125.53 –0.42 .34 30.49 12.91 ParPacific PARR ... 4 23.52 –2.09 ... 23.84 17.84 RadianGroup RDN 3.8 5 23.39 –0.12 .225 89.34 63.17 SensientTech SXT 2.2 22 74.79 –0.53 .41 10.24 2.57 SuperGroup SGHC ... ... 3.61 –0.09 ...
17.10 2.03 NineEnergy NINE ... 10 4.38 –0.87 ... 47.03 20.37 ParTechnology PAR ... dd 32.47 –0.90 ... 2.74 1.55 Rafael RFL ... dd 2.05 +0.12 ... 36.50 12.69 SentinelOne S ... dd 18.58 +0.71 ... 7.38 2.88 SuperiorIndsIntl SUP ... cc 4.86 ... ...
32.08 23.78 NiSource NI 3.5 17 28.64 +0.79 .25 21.49 12.35 Paragon28 FNA ... dd 18.34 +0.89 ... 128.94 82.23 RalphLauren RL 2.6 15 115.11 –4.96 .75 4.17 1.86 SequansComms SQNS ... ... 2.47 +0.09 ... 11.50 7.71 Suzano SUZ 5.7 2 7.78 –0.44 .116
21.98 11.78 NoahHoldings NOAH ... 8 16.82 +0.37 ... 10.34 3.90 ParamountGroup PGRE 7.2 dd 4.30 –0.03.0775 37.44 22.61 RangeResources RRC 1.3 5 25.50 –1.76 .08 14.52 4.90 SeritageGrowth SRG ... dd 8.19 –0.21 ... 28.80 6.10 Sweetgreen SG ... dd 7.35 –0.26 ...
45.50 22.64 Noble NE ... 31 37.70 –2.34 ... 16.92 10.08 ParkAerospace PKE 3.9 33 12.98 –0.19 .125 12.04 8.40 RangerEnergySvcs RNGR ... 22 11.19 –0.60 ... 75.11 56.85 ServiceCorp SCI 1.5 20 70.55 –0.68 .27 57.38 28.37 Sylvamo SLVM 2.2 17 45.92 +0.48 .25
5.34 4.08 Nokia NOK 1.4 5 4.22 –0.68.0329 20.50 10.70 ParkHotels PK 3.5 17 11.98 +0.14 .15 16.34 2.90 Ranpak PACK ... dd 4.40 –0.17 ... 521.58 337.00 ServiceNow NOW ... cc 473.31 +10.28 ... 40.89 27.15 SynchronyFin SYF 3.1 5 29.72 –0.08 .23
21.45 12.50 NomadFoods NOMD ... 12 18.71 +0.04 ... 364.57 230.44 ParkerHannifin PH 1.7 33 320.80 +1.69 1.33 126.00 84.86 RaymondJames RJF 1.8 13 95.76 +2.17 .42 93.83 47.16 ServisFirst SFBS 2.2 11 50.72 +0.22 .28 46.34 27.08 SynovusFin SNV 4.9 6 30.99 +1.37 .38
4.23 3.00 Nomura NMR 3.3 14 3.84 +0.06.0324 50.15 34.46 Parsons PSN ... 53 45.31 –0.77 ... 9.84 2.44 RayonierAdvMatls RYAM ... dd 5.30 –0.09 ... 63.46 37.72 ShakeShack SHAK ... dd 55.69 +1.66 ... 90.74 70.61 Sysco SYY 2.6 27 75.56 +2.08 .49
4.65 1.80 NordicAmTankers NAT 7.0 62 3.58 +0.01 .15 402.78 255.82 PaycomSoftware PAYC ... 62 300.55 –2.60 ... 45.04 29.51 Rayonier RYN 3.5 44 32.23 –0.07 .285 2.43 0.27 Shapeways SHPW ... dd .28 ... ... 14.82 3.05 System1 SST ... dd 3.65 –0.40 ...
27.72 14.91 Nordstrom JWN 4.7 11 16.17 –0.11 .19 18.40 6.75 Paymentus PAY ... ... 8.18 –0.69 ... 104.91 80.27 RaytheonTech RTX 2.2 29 102.25 +0.57 .55 62.75 44.90 Shell SHEL 3.4 5 61.46 –0.60 .575
269.05 196.33 NorfolkSouthern NSC 2.4 15 211.61 +4.02 1.35 38.28 11.29 Paysafe PSFE ... dd 15.74 +0.02 ... 15.45 9.36 ReadyCapital RC 15.5 6 10.32 +0.21 .40 285.00 195.24 SherwinWilliams SHW 1.0 30 233.64 +7.99 .605 T
18.87 9.20 NorthAmConstr NOA 1.6 12 18.66 +0.51.0588 32.89 17.42 PeabodyEnergy BTU ... 3 24.09 –1.14 ... 75.11 55.50 RealtyIncome O 4.9 44 62.33 +1.56 .255 76.40 29.39 Shift4Paymts FOUR ... 66 65.53 –4.70 ...
10.45 2.61 TAL Education TAL ... dd 6.19 +0.07 ...
20.72 10.03 NoEuroOil NRT 18.6 5 13.87 –0.41 1.00 47.00 8.00 PeakstoneRealty PKST ... ... 29.00 +11.00 ... 6.55 1.67 Redwire RDW ... dd 3.00 +0.13 ... 36.64 22.98 ShinhanFin SHG 3.6 4 26.74 –0.371.0794
59.38 36.79 TC Energy TRP 6.8 70 41.21 –1.08.6969
39.10 21.45 NorthernOil&Gas NOG 4.2 4 32.77 –2.29 .34 12.03 8.84 Pearson PSO 2.4 26 10.55 +0.08.1815 10.44 5.52 RedwoodTrust RWT13.6 dd 6.78 +0.19 .23 54.67 23.63 Shopify SHOP ... dd 48.94 +2.55 ...
15.38 6.52 TDCX TDCX ... 14 7.24 –0.64 ...
10.76 9.73 NorthernStrIII A NSTC ... 28 10.12 +0.05 ... 26.14 12.37 PebblebrookHotel PEB .3 dd 14.08 –0.13 .01 162.89 108.28 RegalRexnord RRX 1.1 18 128.89 –2.77 .35 10.69 9.88 ShoulderUpTechA SUAC ... cc 10.32 –0.08 ...
111.57 78.86 TD Synnex SNX 1.6 12 89.15 –5.23 .35
10.74 9.75 NorthernStrIV A NSTD ... 29 10.14 +0.02 ... 23.95 13.66 PediatrixMedical MD ... 18 14.74 +0.12 ... 49.30 24.38 RegionalMgmt RM 4.5 5 26.89 +0.38 .30 81.23 44.61 Shutterstock SSTK 1.6 32 66.82 –6.63 .27
138.24 104.76 TE Connectivity TEL 1.8 18 128.40 +2.48 .59
556.27 430.94 NorthropGrum NOC 1.5 15 471.99 –0.58 1.73 10.77 9.89 PegasusDigA PGSS ... 25 10.50 +0.03 ... 24.33 13.94 RegionsFin RF 4.4 8 18.36 –0.15 .20 14.94 7.82 Sibanye-Stillwater SBSW 5.1 6 9.04 +0.41.2675
22.70 15.09 Tegna TGNA 2.3 6 16.54 –0.15 .095
55.97 42.37 NorthwestNat NWN 4.1 18 47.72 +0.67 .485 42.74 29.59 PembinaPipeline PBA 5.9 8 32.70 –1.18.4766 1.85 0.50 Regis RGS ... dd 1.04 –0.01 ... 83.42 48.31 SignetJewelers SIG 1.2 12 74.99 +0.99 .23
26.63 18.85 Telus TU 4.8 24 21.21 +0.03.2629
22.01 10.31 NorwegCruise NCLH ... dd 13.04 +0.40 ... 7.90 4.98 PennantPark PNNT14.5 dd 5.10 –0.01 .185 153.35 104.46 ReinsGrp RGA 2.3 15 140.31 +2.92 .80 55.41 38.59 SilganHoldings SLGN 1.3 18 54.08 +2.10 .18
31.52 17.65 TelusIntl TIXT ... 30 20.11 –0.41 ...
6.99 3.38 NouveauMonde NMG ... dd 4.12 –0.18 ... 73.79 38.53 PennyMacFin PFSI 1.3 8 63.60 +0.33 .20 264.42 160.29 RelianceSteel RS 1.6 8 249.60 +4.07 1.00 49.91 19.13 SilverBowRscs SBOW ... 2 23.02 –2.19 ...
47.85 26.01 Ternium TX 6.5 3 41.44 –0.85 1.80
100.44 74.09 Novartis NVS 2.3 32 100.30 +2.423.4694 16.60 10.78 PennyMacMtg PMT 13.4 dd 11.95 +0.10 .40 223.80 124.18 RenaissanceRe RNR .7 dd 209.80 +8.48 .38 137.26 1.10 SilvergateCapital SI ... dd 1.52 ... ...
128.93 71.63 TFI Intl TFII 1.2 13 119.11 +1.61 .35
172.97 95.02 NovoNordisk NVO .7 50 172.65 +4.051.1887 155.36 94.49 PenskeAuto PAG 1.6 8 140.59 –2.07 .61 33.91 1.13 Renren RENN .0 dd 1.32 +0.0531.5585 13.76 4.37 Similarweb SMWB ... dd 5.87 +0.45 ...
15.27 10.20 TIM TIMB 4.5 21 13.40 –0.32.1794
7.04 3.26 NuHoldings NU ... dd 4.99 +0.33 ... 60.85 38.55 Pentair PNR 1.6 18 53.46 +0.52 .22 38.71 25.35 RentokilInit RTO 1.1 53 37.92 +1.07.3169 133.08 86.02 SimonProperty SPG 6.5 17 110.66 +3.10 1.80
83.13 53.69 TJX TJX 1.7 26 78.43 +1.24.3325
47.84 29.96 NuSkinEnts NUS 3.8 20 41.37 +0.88 .39 287.59 114.87 Penumbra PEN ... dd 279.90 +2.28 ... 149.17 119.72 RepublicSvcs RSG 1.4 30 138.61 +1.24 .495 117.08 75.25 SimpsonMfg SSD .9 15 113.23 +4.04 .26
10.57 9.78 TLGAcqnOneA TLGA ... 50 10.43 +0.04 ...
182.68 100.13 Nucor NUE 1.3 6 153.45 +7.26 .51 21.03 4.90 Perfect PERF ... dd 6.02 +0.14 ... 27.00 14.95 ResideoTech REZI ... 9 18.05 +0.05 ... 9.68 4.07 SiriusPoint SPNT ... dd 9.29 –0.09 ...
11.26 6.31 TPG RE Fin TRTX13.0 dd 7.37 +0.30 .24
15.85 8.09 NuScalePower SMR ... dd 8.72 –0.25 ... 63.13 38.23 PerformanceFood PFGC ... 36 61.95 +1.65 ... 247.65 189.40 ResMed RMD .8 41 228.07 +3.51 .44 165.32 97.36 SiteOneLandscape SITE ... 26 139.81 +3.96 ...
25.00 21.28 TXO Energy TXO ... dd 22.00 –1.85 ...
17.75 12.80 NuSTAREnergy NS 10.1 44 15.81 –0.20 .40 12.46 6.58 PerimeterSolns PRM ... 23 7.40 +0.04 ... 69.95 46.68 RestaurantBrands QSR 3.2 21 69.51 +2.01 .55 33.65 19.31 SitioRoyalties STR 9.6 14 24.96 –1.22 .60
98.99 59.43 TaiwanSemi TSM 1.7 13 85.37 –1.83.3597
108.89 67.52 Nutrien NTR 3.0 5 70.62 –2.31 .53 170.00 113.46 PerkinElmer PKI .2 30 132.94 –4.17 .07 49.50 20.17 Revolve RVLV ... 28 21.99 –1.87 ... 42.20 16.83 SixFlags SIX ... 18 23.53 –2.50 ...
17.15 12.28 TakedaPharm TAK 3.4 26 16.85 +0.04.3012
5.64 1.55 NuvationBio NUVB ... dd 1.82 +0.02 ... 27.77 12.37 PermianBasin PBT 4.3 23 26.92 +1.79.0268 36.31 26.05 RexAmerRes REX ... 18 28.48 –0.36 ... 50.79 31.28 SkechersUSA SKX ... 21 50.29 +0.79 ...
10.38 4.10 SkeenaRscs SKE ... dd 6.49 –0.34 ... 25.49 11.67 TalosEnergy TALO ... 3 13.83 –1.23 ...
46.66 29.19 nVentElectric NVT 1.6 18 43.58 +0.76 .175 12.05 5.08 PermianRscs PR 1.9 6 10.43 –0.80 .05 82.95 48.74 RexfordIndlRealty REXR 2.7 60 57.01 +3.33 .38
6.65 1.03 Skillsoft SKIL ... dd 1.38 –0.13 ... 20.27 13.26 Tanger SKT 5.2 25 18.92 –0.33 .245
5.79 2.02 PermianvilleRT PVL 16.4 7 2.76 +0.15 .03 10.40 9.72 RiceAcqnII A RONI ... cc 10.26 –0.01 ...
O 2.34 0.45 Skillz SKLZ ... dd .62 –0.07 ... 47.48 26.39 Tapestry TPR 2.9 12 41.88 –0.25 .30
10.65 6.19 PermRock PRT 14.8 7 6.77 –0.37.0309 11.05 9.89 RigelResourceA RRAC ... 24 10.49 +0.01 ... 80.40 55.56 TargaResources TRGP 2.6 19 75.61 –2.30 .50
43.90 30.78 Perrigo PRGO 3.0 dd 36.44 ... .273 95.48 26.47 RingCentral RNG ... dd 28.79 –0.16 ... 76.06 43.04 SkylineChamp SKY ... 10 75.24 +5.38 ...
30.52 23.30 OFGBancorp OFG 3.4 7 25.67 +1.52 .22 247.20 137.16 Target TGT 2.7 27 162.18 +1.18 1.08
16.32 8.88 PetroleoBrasil PBR 54.6 2 11.60 –0.46.1706 80.52 50.92 RioTinto RIO 7.6 8 64.58 –4.00 2.25 6.59 2.03 SmartRent SMRT ... dd 2.39 –0.07 ...
42.91 33.28 OGE Energy OGE 4.4 11 37.62 –0.32.4141 40.16 22.89 TaroPharm TARO ... 20 24.61 +0.03 ...
15.04 7.86 PetroleoBrasilA PBR.A60.8 2 10.42 –0.30.1706 6.73 3.43 Riskified RSKD ... dd 5.23 –0.14 ... 52.13 25.09 Smartsheet SMAR ... dd 43.54 –1.00 ...
23.52 11.60 O-I Glass OI ... 6 21.56 –0.92 ... 40.34 20.05 TaylorMorrison TMHC ... 4 39.41 +1.40 ...
54.93 39.23 Pfizer PFE 4.1 7 40.21 –0.98 .41 72.73 48.72 RitchieBros RBA 1.8 21 58.70 –0.12 1.08 71.87 46.58 SmithAO AOS 1.7 47 68.78 +1.66 .30
89.62 68.86 ONE Gas OGS 3.2 20 80.71 +1.09 .65 18.30 4.90 Team TISI ... 0 5.29 –0.08 ...
109.81 82.85 PhilipMorris PM 5.2 17 97.77 –1.71 1.27 11.61 2.05 RiteAid RAD ... dd 2.30 –0.15 ... 34.07 21.78 Smith&Nephew SNN 2.3 62 31.90 +1.91 .462
71.57 50.50 ONEOK OKE 5.8 17 66.30 –0.73 .955 16.03 5.48 TechnipFMC FTI ... dd 13.02 –0.54 ...
113.53 74.02 Phillips66 PSX 4.2 4 100.15 –6.11 1.05 11.75 6.86 RithmCapital RITM12.4 4 8.04 +0.15 .25 163.07 119.82 Smucker SJM 2.7 23 151.24 –1.14 1.02
13.96 6.95 ON24 ONTF ... dd 8.89 ... ... 49.34 24.72 TeckResourcesB TECK .8 10 45.81 +0.59.4565
5.88 2.10 PhoenixNewMedia FENG ... dd 2.63 +0.37 ... 114.89 65.40 RobertHalf RHI 2.6 12 73.30 –2.02 .48 31.21 7.33 Snap SNAP ... dd 10.01 –0.68 ...
38.93 13.29 OakStreetHealth OSH ... dd 38.91 +0.07 ... 46.79 16.05 Tecnoglass TGLS .8 14 46.30 +3.46 .09
40.00 13.19 Phreesia PHR ... dd 33.80 +2.16 ... 53.88 21.65 Roblox RBLX ... dd 40.70 –5.00 ... 263.86 190.08 Snap-On SNA 2.5 15 263.01 +23.07 1.62
77.13 51.53 OccidentalPetrol OXY 1.2 5 61.87 –2.61 .18 6.75 2.54 Teekay TK ... 8 5.77 –0.32 ...
18.83 13.42 PhysiciansRealty DOC 6.4 31 14.36 –0.06 .23 11.38 5.97 RocketCos. RKT ... 27 8.82 –0.33 ... 205.66 110.27 Snowflake SNOW ... dd 145.19 +3.06 ...
55.04 30.30 OccidentalPetrolWt OXY.WT ... ... 40.69 –2.82 ... 48.05 14.24 TeekayTankers TNK ... 6 39.45 –0.94 ...
17.04 6.35 PiedmontOfficeA PDM 13.0 5 6.45 +0.04 .21 309.36 190.08 Rockwell ROK 1.7 30 275.45 –1.85 1.18 115.76 60.21 SOQUIMICH SQM 11.9 5 63.44 –15.762.0024
22.26 7.25 OceaneeringIntl OII ... 67 17.04 –1.10 ... 20.65 14.31 TejonRanch TRC ... 30 17.57 –0.46 ...
81.63 59.03 PinnacleWest PNW 4.3 19 80.59 +2.11 .865 58.86 36.23 RogersComm B RCI 3.0 19 48.09 –1.16.3709 9.63 3.08 SohoHouse SHCO ... dd 6.48 +0.56 ...
37.17 17.76 OcwenFinancial OCN ... 42 29.41 –0.08 ... 61.20 21.60 TeladocHealth TDOC ... dd 27.79 +2.20 ...
29.27 16.14 Pinterest PINS ... dd 27.39 –1.19 ... 273.38 98.45 Rogers ROG ... 26 158.98 –0.63 ... 14.61 7.67 SolarisOilfield SOI 5.7 12 7.74 –0.50 .11
5.90 0.38 Offerpad OPAD ... dd .47 –0.08 ... 6.85 3.72 TelecomArgentina TEO 24.8 dd 5.01 –0.70.3139
288.46 177.27 PioneerNatRscs PXD 12.1 7 224.78 –5.224.48 43.06 31.43 Rollins ROL 1.3 54 39.63 +0.83 .13 12.79 7.51 SolarWinds SWI ... dd 8.54 +0.06 ...
44.94 22.14 OilDriAmerica ODC 2.5 27 44.17 +3.28 .28 480.04 325.00 TeledyneTech TDY ... 26 427.79 –12.13 ...
162.20 102.60 PiperSandler PIPR 1.7 22 141.79 +4.46 1.25 487.47 356.22 RoperTech ROP .6 40 445.41 +5.50.6825 8.62 3.39 SoloBrands DTC ... dd 8.12 –0.18 ...
10.47 3.51 OilStatesIntl OIS ... dd 7.78 –0.50 ... 335.80 182.65 Teleflex TFX .5 35 269.21 +5.38 .34
5.72 2.30 PitneyBowes PBI 5.4 18 3.72 –0.10 .05 10.96 9.75 RossAcqnIIA ROSS ... 30 10.32 –0.05 ... 3.40 0.86 Sonendo SONX ... dd 1.36 –0.47 ...
26.72 20.27 OldRepublic ORI 3.9 11 25.26 +0.09 .245 11.15 6.49 TelefonicaBras VIV 7.5 17 7.99 –0.15.0281
85.91 54.15 PlanetFitness PLNT ... 68 79.55 +3.01 ... 108.61 83.63 RoyalBkCanada RY 3.9 12 99.94 +0.57.9844 62.26 34.17 SonicAutomotive SAH 2.1 32 53.01 –1.18 .28
67.25 41.33 Olin OLN 1.4 6 55.62 –1.19 .20 5.38 3.10 Telefonica TEF 5.3 cc 4.42 –0.03.1553
7.52 3.29 PlanetLabs PL ... dd 4.10 –0.16 ... 83.70 31.09 RoyalCaribbean RCL ... dd 63.02 +1.07 ... 33.07 6.00 SonidaSrLiving SNDA ... dd 8.20 –0.81 ...
14.08 5.74 Olo OLO ... dd 7.79 –0.69 ... 33.18 23.03 TelekmIndonesia TLK 2.7 20 28.43 –0.911.0389
8.40 4.21 PlayAGS AGS ... dd 5.85 –0.58 ... 10.50 0.44 RubiconTech RBT ... dd .52 –0.01 ... 65.97 51.52 SonocoProducts SON 3.2 13 61.79 +1.24 .51
33.71 24.81 OmegaHealthcare OHI 9.9 15 26.99 –0.56 .67 19.60 9.47 Telephone&Data TDS 7.2 dd 10.28 –0.60 .185
25.79 15.59 PlymouthIndREIT PLYM 4.4 dd 20.67 +1.04 .225 7.55 2.77 RushStreetInt RSI ... dd 3.26 +0.19 ... 95.70 61.72 Sony SONY .4 17 92.05 +1.19.2579
96.78 61.31 Omnicom OMC 3.0 14 93.85 –1.16 .70 44.28 20.03 TempurSealy TPX 1.2 14 36.24 –1.56 .11
123.87 91.86 Polaris PII 2.4 11 109.16 +1.22 .65 46.40 32.13 RyanSpecialty RYAN ... 78 40.08 –1.38 ... 80.57 60.71 Southern SO 3.7 23 73.61 +1.67 .70
33.51 15.44 OnHolding ONON ... cc 33.31 +2.60 ... 11.16 9.71 10XCapIII A VCXB ... cc 10.28 +0.01 ...
10.41 9.79 PontemA PNTM ... 26 10.37 +0.03 ... 102.36 65.47 RyderSystem R 2.9 5 85.77 –0.12 .62 82.05 42.42 SoCopper SCCO 4.5 23 78.65 –1.89 1.00
31.50 20.32 OneLiberty OLP 8.1 11 22.17 –0.13 .45 38.00 22.24 Tenaris TS .0 7 28.61 –0.90 .56
56.37 41.58 PortlandGenElec POR 3.6 19 50.56 +1.07.4525 41.89 18.68 RyersonHolding RYI 1.8 4 38.83 +1.81 .17 10.82 9.86 SouthportAcqnA PORT ... 17 10.40 +0.02 ...
23.00 4.50 OneConnectFin OCFT ... dd 5.08 –0.07 ... 9.29 3.14 TencentMusic TME ... 23 7.63 +0.03 ...
98.84 72.28 PostHoldings POST ... 6 88.21 +1.25 ... 98.76 70.47 RymanHospitality RHP 1.6 41 90.50 +0.10 .75 48.90 28.95 SouthwestAir LUV 2.2 41 32.15 +0.48 .18
49.67 28.77 OneMain OMF 10.4 5 38.42 +0.69 1.00 83.02 36.69 TenetHealthcare THC ... 18 68.89 +4.12 ...
10.15 9.65 PostHldgsA PSPC ... 38 10.14 ... ... 95.62 56.60 SouthwestGas SWX 4.3 dd 57.48 –1.51 .62
89.75 56.02 OntoInnovation ONTO ... 18 82.71 +0.17 ... S 74.96 54.90 Tennant TNC 1.6 19 67.43 +0.71 .265
17.66 14.13 PostalRealty PSTL 6.5 95 14.59 +0.09.2375 9.87 4.60 SouthwesternEner SWN ... 3 4.98 –0.18 ...
16.77 10.82 Ooma OOMA ... dd 12.31 +0.24 ... 45.31 28.65 Teradata TDC ... cc 40.01 –0.73 ...
26.05 10.60 PowerSchool PWSC ... dd 21.13 +1.39 ... 91.26 38.93 SpectrumBrands SPB 2.4 61 70.02 +1.71 .42
49.32 28.41 Oppenheimer A OPY 1.5 15 38.99 +2.29 .15 134.64 78.22 SAP SAP 1.2 65 133.95 +6.532.1864 60.85 26.64 Terex TEX 1.3 10 45.22 +0.38 .15
87.36 44.92 PrecisionDrilling PDS ... dd 49.56 –2.40 ... 35.86 18.00 SphereEnt SPHR ... dd 25.61 –1.62 ...
3.78 1.70 OppFi OPFI ... 7 1.98 –0.09 ... 395.80 279.32 S&P Global SPGI 1.0 33 351.72 +3.86 .90 6.68 1.29 TerranOrbital LLAP ... dd 2.00 +0.22 ...
67.45 48.51 PrestigeCnsHlth PBH ... 15 62.20 –0.64 ... 2.00 0.57 SpireGlobal SPIR ... dd .70 +0.10 ...
96.74 60.78 Oracle ORCL 1.7 31 95.15 –0.56 .40 10.30 9.72 SDCLEDGEAcqn SEDA ... 53 10.30 +0.02 ... 78.72 50.36 TerrenoRealty TRNO 2.6 24 62.70 +0.34 .40
10.69 9.89 PrimeImpactI A PIAI ... 48 10.47 +0.01 ... 78.86 61.52 Spire SR 4.1 15 69.91 +1.90 .72
12.71 8.81 Orange ORAN 4.5 16 12.66 +0.18.2352 11.60 4.90 SeacorMarine SMHI ... dd 8.22 –0.52 ... 5.82 2.43 TetraTech TTI ... 56 3.01 –0.16 ...
195.69 110.22 Primerica PRI 1.4 18 180.47 +3.17 .65 45.95 21.14 SpiritAeroSys SPR .1 dd 30.60 +2.38 .01
16.40 7.95 OrchidIsland ORC 17.5 dd 11.00 +0.03 .16 8.59 1.87 SES AI SES ... dd 1.97 –0.28 ... 11.45 6.78 TevaPharm TEVA ... dd 8.35 +0.06 ...
16.47 12.15 PrimoWater PRMW 2.1 84 15.39 +0.28 .08 26.14 15.92 SpiritAirlines SAVE .0 dd 17.51 +0.17 .10
39.09 20.96 Organon OGN 4.6 7 24.11 +0.31 .28 11.60 8.71 SFL SFL 10.4 ... 9.27 –0.16 .24 2739.00 1250.01 TexasPacLand TPL .8 27 1557.01 –157.53 3.25
28.20 15.90 PrimorisSvcs PRIM 1.0 10 24.28 –0.99 .06 47.64 34.31 SpiritRealtyCap SRC 7.0 19 37.94 +0.10 .663
26.91 12.87 OrionEngCarbons OEC .3 14 24.40 –0.51.0207 8.65 3.12 SignaSports SSU ... dd 3.51 +0.11 ... 36.97 25.47 Textainer TGH 3.4 6 35.74 –0.82 .30
25.93 16.90 ProAssurance PRA 1.1 dd 18.48 +0.38 .05 136.73 69.29 Spotify SPOT ... dd 133.76 –0.98 ...
3.35 2.10 OrionGroup ORN ... dd 2.43 –0.09 ... 17.22 10.42 SITE Centers SITC 4.3 17 12.15 +0.28 .13 76.11 57.11 Textron TXT .1 17 67.93 –0.66 .02
68.56 40.00 ProcoreTech PCOR ... dd 54.66 +2.16 ... 11.23 9.91 SpreeAcqn1 A SHAP ... dd 10.48 +0.02 ...
13.88 5.61 OrionOffice ONL 6.2 dd 6.42 +0.11 .10 83.88 55.74 SJW Group SJW 1.9 33 78.89 –0.19 .38 611.06 475.77 ThermoFisher TMO .2 32 571.68 –17.16 .35
163.71 122.18 Procter&Gamble PG 2.4 27 156.07 +5.07.9407 14.57 7.25 Sprinklr CXM ... dd 12.82 –0.31 ...
97.26 68.78 Orix IX 3.3 8 85.71 +0.281.5643 27.27 18.26 SK Telecom SKM 7.3 11 20.14 –0.43.7123 27.85 13.26 Thermon THR ... 22 22.10 –1.03 ...
149.87 106.35 Progressive PGR .3 97 137.02 +1.17 .10 49.76 29.76 Sprott SII 2.8 53 35.31 –2.02 .25
101.81 67.28 OrmatTech ORA .6 75 87.16 +1.07 .12 76.07 19.06 SLGreenRealty SLG 13.5 dd 24.08 +1.15.2708 133.04 91.55 ThomsonReuters TRI 1.5 46 132.75 +2.86 .49
173.97 98.03 Prologis PLD 2.8 38 123.58 +3.82 .87 1.64 0.69 SprucePower SPRU ... dd .72 –0.24 ...
8.16 2.05 OscarHealth OSCR ... dd 5.83 –0.50 ... 54.97 24.66 SM Energy SM 1.1 3 27.29 –3.65 .15 105.36 66.26 ThorIndustries THO 2.3 5 79.38 –0.20 .45
7.85 4.03 PropertyGuru PGRU ... dd 4.58 –0.14 ... 33.41 14.43 Squarespace SQSP ... dd 31.65 –0.73 ...
106.66 69.30 Oshkosh OSK 2.1 32 78.06 –2.19 .41 34.78 2.54 SOS SOS ... dd 4.41 –0.01 ... 14.30 7.02 3D Systems DDD ... dd 9.13 –0.24 ...
15.43 6.54 ProPetro PUMP ... cc 6.86 –0.63 ... 58.11 31.11 St.Joe JOE 1.0 34 41.27 +0.49 .10
10.29 9.71 OsirisAcqn OSI ... 41 9.95 –0.01 ... 78.30 41.66 SPX Tech SPXC ... cc 66.26 –0.55 ... 154.66 100.16 3M MMM 5.7 10 104.48 –1.29 1.50
78.76 58.25 ProsperityBcshs PB 3.6 11 60.64 +0.93 .55 48.24 31.61 StandardMotor SMP 3.2 11 36.29 +0.06 .29
11.38 3.84 OsiskoDevelopment ODV ... dd 5.27 –0.12 ... 4.32 0.53 SQZ Biotech SQZ ... dd .67 –0.01 ... 51.88 17.51 Tidewater TDW ... dd 44.49 –1.48 ...
53.00 22.04 ProtoLabs PRLB ... dd 28.87 –1.57 ... 122.97 79.02 StandexInt SXI .9 21 120.51 +1.22 .28
17.00 9.20 OsiskoGold OR 1.0 cc 16.04 –0.43.0405 41.33 26.56 STAG Indl STAG 4.3 34 34.10 +1.74.1225 10.35 6.65 Tilly's TLYS ... 22 7.32 –0.46 ...
25.61 17.71 ProvidentFinSvcs PFS 5.3 8 17.97 –0.06 .24 144.38 70.24 StanleyBlackDck SWK 4.0 12 80.00 +0.58 .80
87.33 62.49 OtisWorldwide OTIS 1.4 28 82.73 +1.47 .29 10.45 9.82 ST Ener I A STET ... 15 10.41 +0.01 ... 89.40 50.85 Timken TKR 1.6 14 78.19 +0.75 .31
120.13 75.37 PrudentialFin PRU 5.8 dd 85.71 +0.13 1.25 61.61 40.92 Stantec STN 1.0 36 60.49 +1.32.1435
36.80 3.59 Ouster OUST ... dd 3.72 –0.58 ... 91.10 54.29 SabineRoyalty SBR 11.2 9 77.22 –0.38.4655 26.23 14.09 TimkenSteel TMST ... 16 17.74 –0.24 ...
34.37 18.20 Prudential PUK ... 38 28.55 –0.53 ... 12.60 6.26 Starrett A SCX ... 5 10.43 –0.50 ...
27.26 14.55 OutfrontMedia OUT 7.4 20 16.13 +0.11 .30 5.12 2.35 SafeBulkers SB 5.5 3 3.66 –0.18 .05 19.81 9.53 TItanIntl TWI ... 4 10.25 –0.67 ...
74.76 52.51 PublicServiceEnt PEG 3.6 31 64.09 +0.59 .57 4.53 2.60 Startek SRT ... dd 3.22 –0.37 ...
4.02 1.90 OverseasShip OSG ... 12 3.53 –0.42 ... 52.97 23.46 Safehold SAFE10.8 dd 28.84 +0.54.3546 26.04 11.91 Toast TOST ... dd 17.92 +0.35 ...
24.44 16.07 StarwoodProp STWD10.9 6 17.54 +0.44 .48
63.30 32.26 Ovintiv OVV 3.2 3 37.01 –1.54 .30 413.34 270.13 PublicStorage PSA 4.2 12 288.49 –1.863.00 200.12 126.34 Salesforce CRM ... cc 199.03 +4.38 ... 64.28 39.53 Toll Bros TOL 1.4 5 61.83 +1.82 .21
94.74 58.62 StateStreet STT 3.4 10 73.63 –6.40 .63
41.50 11.79 Owens&Minor OMI ... 55 15.59 +1.09 ... 64.49 35.03 PulteGroup PHM 1.0 6 62.83 +2.69 .16 18.42 10.95 SallyBeauty SBH ... 9 14.26 +0.26 ... 46.11 30.14 TootsieRoll TR .8 41 44.32 –0.23 .09
47.62 38.00 SteelPartners SPLP ... 5 41.00 –2.00 ...
105.62 72.97 OwensCorning OC 2.1 8 101.29 +2.72 .52 32.45 21.90 PureStorage PSTG ... cc 23.28 –2.77 ... 22.59 8.42 Samsara IOT ... dd 22.16 +2.24 ... 225.82 140.66 TopBuild BLD ... 13 217.96 +16.28 ...
12.43 6.20 Steelcase SCS 4.8 28 8.39 +0.58 .10
14.97 10.18 OwlRock ORCC10.3 11 12.82 –0.06 .33 10.85 9.95 PyrophyteAcqn PHYT ... 23 10.57 +0.02 ... 15.43 7.93 SanJuanBasin SJT 22.6 6 9.40 –1.26.1038 25.96 16.80 TopgolfCallaway MODG ... 30 22.87 +0.47 ...
18.97 11.37 Stellantis STLA 8.3 3 17.68 –1.181.4635
5.35 0.30 Owlet OWLT ... dd .34 +0.04 ... 55.29 18.91 Q2Holdings QTWO ... dd 24.43 +0.87 ... 29.28 12.62 SandRidgeEnergy SD ... 2 14.16 –1.30 ... 117.66 71.86 Toro TTC 1.3 23 105.15 +0.39 .34
18.02 4.26 Stem STEM ... dd 4.37 –0.32 ...
123.37 77.81 OxfordIndustries OXM 2.5 10 106.00 +4.64 .65 51.18 40.38 Qiagen QGEN ... 25 45.09 –1.43 ... 8.30 4.51 SandstormGold SAND 1.0 15 5.73 –0.32 .015 77.15 55.43 TorontoDomBk TD 4.5 10 61.71 +0.88.7097
116.72 91.64 Stepan SCL 1.5 15 98.58 –1.13 .365
7.07 2.12 QuadGraphics QUAD ... 23 3.76 –0.19 ... 28.00 20.16 SaratogaInvt SAR 10.1 21 24.19 +0.88 .69 8.29 2.19 Torrid CURV ... 8 3.77 +0.22 ...
PQ 245.18 159.21 Steris STE 1.0 dd 187.07 +0.54 .47
216.45 129.06 QuakerHoughton KWR .9 dd 188.22 –9.22 .435 28.37 12.00 Sasol SSL 7.7 3 12.91 –0.62.3871 10.40 9.62 TortoiseEcoIII A TRTL ... 31 10.24 +0.03 ...
28.21 13.36 Stevanato STVN .2 48 26.94 +0.13.0546
27.04 18.00 QuanexBldg NX 1.6 9 20.24 –0.26 .08 55.18 35.64 SaulCenters BFS 6.5 22 36.55 –0.65 .59 65.05 44.61 TotalEnergies TTE ... 8 63.45 –1.50 ...
49.00 24.27 PBF Energy PBF 2.3 2 35.54 –3.10 .20 58.84 35.96 StewartInfo STC 4.3 7 41.40 +0.19 .45
168.75 106.33 QuantaServices PWR .2 50 165.80 –0.22 .08 59.45 30.65 Schlumberger SLB 2.0 19 49.80 –2.68 .25 11.70 7.05 TownsquareMedia TSQ 8.1 14 9.25 +0.76.1875
17.01 9.64 PG&E PCG ... 20 16.89 ... ... 68.77 49.31 StifelFinancial SF 2.3 12 61.50 +1.41 .36
10.95 9.83 QuantumFin QFTA ... 23 10.24 –0.01 ... 30.93 20.26 SchneiderNatl SNDR 1.3 11 27.13 +0.53 .09 175.14 130.07 ToyotaMotor TM 2.6 10 134.67 –1.291.7621
26.93 15.42 PGT Innovations PGTI ... 17 26.22 +0.52 ... 53.53 28.35 STMicroelec STM .4 10 47.45 –3.33 .06
16.51 5.11 QuantumScape QS ... dd 7.45 –0.40 ... 86.63 45.00 SchwabC SCHW 1.9 15 53.80 +3.03 .25 6.95 2.48 Traeger COOK ... dd 3.16 –0.53 ...
4.98 2.33 PHX Minerals PHX 3.4 6 2.63 –0.18.0225 25.87 15.62 Stoneridge SRI ... dd 18.65 +0.02 ...
2.18 0.69 Qudian QD ... dd 1.27 +0.12 ... 117.94 79.33 ScienceApplicat SAIC 1.4 19 103.28 –4.65 .37 10.31 9.73 TrajectoryAlphaA TCOA ... cc 10.25 +0.01 ...
83.17 62.52 PJT Partners PJT 1.3 22 75.03 +1.60 .25 47.35 30.66 Stride LRN ... 16 37.80 –0.51 ...
158.34 120.40 QuestDiag DGX 2.0 18 145.18 +2.84 .71 64.20 19.65 ScorpioTankers STNG 1.4 6 56.07 –0.70 .20 196.22 120.64 TraneTech TT 1.7 24 176.93 +1.95 .75
39.00 20.20 PLDT PHI 5.4 22 22.03 –0.76.2567 306.56 188.84 Stryker SYK 1.0 49 303.54 +11.78 .75
5.97 1.68 QuotientTech QUOT ... dd 3.07 –0.13 ... 118.17 39.06 ScottsMiracleGro SMG 3.7 dd 70.81 –2.92 .66 11.85 7.55 Transalta TAC 1.8 cc 8.82 –0.40.0414
178.33 117.51 PNC Fin PNC 4.9 8 123.38 +1.53 1.50 9.57 1.52 StudioCity MSC ... dd 8.00 –0.28 ...
49.60 43.43 PNM Resources PNM 3.0 25 48.84 +0.05.3675 R 10.35 6.11 ScullyRoyalty SRL 13.7 75 6.70 +0.12 .16 72.78 49.50 SturmRuger RGR 3.4 12 57.51 –0.48 .42 47.76 36.70 TrancntlRlty TCI ... 1 36.82 –1.80 ...
80.03 36.53 POSCO PKX 2.1 9 74.72 –3.31 .971 10.57 9.87 SculptorAcqnIA SCUA ... 18 10.47 +0.01 ... 17.75 14.40 SuburbanPropane SPH 8.4 6 15.44 –0.02 .325 772.01 499.63 TransDigm TDG .0 52 764.47 +12.6418.50
145.14 107.06 PPG Ind PPG 1.7 26 141.98 +3.56 .62 264.94 152.90 RBC Bearings RBC ... 56 222.56 +5.13 ... 12.74 7.90 SculptorCapMgmt SCU 5.3 dd 8.47 +0.11 .20 9.18 5.39 SumitomoMits SMFG 3.2 9 8.43 +0.12.1407 7.74 2.32 Transocean RIG ... dd 6.06 –0.49 ...
31.74 23.47 PPL PPL 3.3 30 28.69 +0.12 .24 10.60 9.90 RCF Acqn A RCFA ... 22 10.47 ... ... 95.79 40.67 Sea SE ... dd 79.17 –4.35 ... 10.11 6.17 SummitHotelProp INN 2.4 dd 6.57 –0.11 .04 12.78 4.58 TransportadGas TGS ... 8 10.25 –1.08 ...
29.52 12.11 ProgHoldings PRG ... 13 24.72 +0.03 ... 33.86 23.39 RELX RELX 1.9 32 33.81 +0.98.1802 19.54 10.03 SeabridgeGold SA ... dd 12.59 –1.03 ... 34.40 21.62 SummitMaterials SUM ... 12 27.30 +0.60 ... 94.39 50.32 TransUnion TRU .6 48 64.80 +1.24 .105
10.43 9.85 ProofAcqnIA PACI ... cc 10.39 –0.01 ... 28.25 16.78 RE/MAX RMAX 4.7 80 19.53 +1.12 .23 45.48 22.00 SeaDrill SDRL ... 0 35.11 –1.86 ... 21.49 11.52 SummitMidstream SMLP ... dd 15.89 +0.30 ... 58.41 33.57 Travel+Leisure TNL 4.6 9 39.44 –0.03 .45
31.74 18.09 PROS PRO ... dd 29.71 +3.14 ... 16.38 9.50 REV REVG 1.8 cc 11.17 –0.33 .05 68.71 41.24 SealedAir SEE 1.7 14 47.09 +0.48 .20 190.57 117.63 SunComms SUI 2.7 71 139.62 +3.06 .93 194.51 149.65 Travelers TRV 2.1 15 179.50 +11.13 1.00
13.78 8.75 P10 PX 1.2 43 10.31 –0.17 .03 355.45 207.37 RH RH ... 12 245.15 +11.27 ... 75.28 40.01 SeaWorldEnt SEAS ... 12 52.97 –4.12 ... 53.76 37.96 SunLifeFinancial SLF 4.4 12 48.19 +0.25.5455 12.67 8.56 Tredegar TG 5.8 11 9.00 –0.11 .13
94.51 43.49 PVH PVH .2 29 87.00 –1.20.0375 148.84 100.96 RLI RLI .7 11 146.87 +18.13 .26 9.84 5.52 SelectEnergySvcs WTTR 2.8 15 7.22 –0.30 .05 10.43 5.72 SunCokeEnergy SXC 3.9 7 8.23 –0.37 .08 53.15 30.06 TreeHouseFoods THS ... dd 52.22 +1.14 ...
165.72 110.56 PackagingCpAm PKG 3.5 13 143.23 +2.07 1.25 14.78 9.27 RLJ Lodging RLJ 3.1 cc 10.30 –0.01 .08 30.78 18.86 SelectMedical SEM 1.7 24 29.00 +0.73 .125 42.72 26.43 SuncorEnergy SU 5.0 6 30.44 –2.17.3589 67.78 38.68 Trex TREX ... 33 53.66 +1.72 ...
35.33 19.51 PagerDuty PD ... dd 33.96 +0.72 ... 3.06 0.90 RLX Tech RLX ... 16 2.58 –0.03 ... 3.25 0.51 SelectQuote SLQT ... dd 1.87 +0.03 ... 15.40 2.16 SunlandsTech STG .0 1 8.48 –0.16 .63 27.35 14.59 TriPointe TPH ... 5 26.44 +0.65 ...
19.49 7.51 PagSeguroDig PAGS ... 10 9.02 –0.23 ... 11.69 5.70 RPC RES 1.4 7 7.50 –0.15 .04 176.47 136.54 Sempra SRE 3.0 24 156.80 +3.77 1.19 4.89 0.25 SunlightFinl SUNL ... dd .44 +0.12 ... 15.80 7.19 TriconRes TCN 2.9 3 8.06 +0.17 .058
12.73 5.92 PalantirTech PLTR ... dd 8.18 –0.63 ... 106.50 74.56 RPM RPM 2.0 20 82.12 +0.86 .42 15.00 7.16 Semrush SEMR ... dd 9.78 –0.02 ... 31.47 12.46 SunnovaEnergy NOVA ... dd 18.04 +2.19 ... 11.02 9.87 TrineIIAcqnA TRAQ ... 21 10.48 +0.01 ...
38.23 18.71 PampaEnergia PAM ... 5 34.30 –3.26 ... 14.07 7.28 RPTRealty RPT 6.0 11 9.26 +0.08 .14 20.98 12.45 SendasDistrib ASAI 1.2 15 12.78 –0.70.0358 48.59 34.26 Sunoco SUN 7.3 10 45.27 –0.38.8255 96.22 60.61 TriNet TNET ... 15 85.54 +1.56 ...
April 24, 2023 BARRON’S 49

D ATA NYSE NASDAQ ISSUES B A R R ON S .C OM / D ATA

–52-Week– Tick Div –52-Week– Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.

Five-Day Nasdaq Composite

31.95 20.94 TrinityIndustries TRN 4.3 30 23.94 +0.23 .26 2.68 0.45 VirnetX VHC .0 dd .53 –0.90 1.00 A
52.35 17.54 Trinseo TSE 3.0 dd 18.80 –1.98 .14 235.57 174.60 Visa V .8 33 234.05 +0.03 .45
99.95 47.50 AAON AAON .5 54 99.46 +4.00 .12
17.13 10.36 TripleFlagPrecMtl TFPM 1.2 46 16.29 –0.67 .05 24.48 16.73 Vishay VSH 1.9 7 21.25 –0.39 .10
21.87 12.24 AcadiaPharm ACAD ... dd 20.09 +2.10 ...
17.47 10.10 TriplePtVent TPVG13.1 dd 12.17 +0.16 .40 45.69 27.03 VishayPrecision VPG ... 15 39.03 –2.10 ... 29.56 19.68 ACI Worldwide ACIW ... 20 25.61 –0.48 ...
10.59
83.82
9.76
48.64
TristarAcqnI
TritonIntl
TRIS ...
TRTN 3.4
26
7
10.50
82.96
+0.14 ...
–0.60 .70
22.84
41.20
5.91
22.97
VistaEnergy
VistaOutdoor
VIST ...
VSTO ...
8
4
21.10
26.06
–1.30 ...
–0.38 ...
3.96 1.68 AC Immune ACIU ... dd 2.18 –0.06 ... Incisions: Price cuts slashed Tesla margins. Intuitive Surgical’s robots
20.24 5.46 ACM Research ACMR ... 18 10.44 –0.11 ...
25.62 7.84 TriumphGroup TGI ... 7 11.00 +0.03 ... 27.39 20.76 Vistra VST 3.3 dd 23.70 –0.79.1975 14.80 6.10 ACV Auctions ACVA ... dd 11.81 –0.17 ... are getting busy again. The Nasdaq Composite Index finished Friday at
19.95 11.09 Tronox TROX 3.7 4 13.63 ... .125 120.86 39.74 VitalEnergy VTLE ... 1 46.81 –5.69 ... 3.98 1.43 ADMA Biologics ADMA ... dd 3.58 +0.40 ...
30.16 15.77 TrueBlue TBI ... 9 17.45 –0.87 ... 20.99 13.90 VitesseEnergy VTS 10.6 ... 18.78 –0.59 .50 25.47 9.33 Adtran ADTN 3.8 dd 9.59 –0.74 .09 12,072—off 0.4% for the week.
52.36 28.70 TruistFinl TFC 6.6 7 31.47 –1.78 .52 132.15 91.53 VMware VMW ... 41 126.12 +0.22 ... 18.00 0.78 AerwinsTech AWIN ... 1 .94 +0.02 ...
24.78 8.40 TsakosEnergy TNP 1.7 3 18.06 –0.24 .15 28.45 16.55 Vontier VNT .4 11 27.41 +0.45 .025 19.00 11.09 AFC Gamma AFCG18.8 6 11.89 +0.27 .56 Monday Tuesday Wednesday Thursday Friday
18.81 1.21 Tupperware TUP ... dd 1.32 –0.25 ... 41.59 12.53 VornadoRealty VNO 9.8 dd 15.24 +0.74 .375 12.89 7.30 AGNC Invt AGNC14.3 dd 10.05 +0.09 .12
5.44 2.33 TurkcellIletism TKC 2.5 7 4.94 +0.16.0826 78.11 56.20 VoyaFinancial VOYA 1.0 18 77.04 +2.30 .20 11.15 9.89 AIBAcqnA AIB ... cc 10.55 +0.03 ... 12,265
32.68 18.81 TurningPoint TPB 1.1 45 23.51 +0.95 .065 197.76 137.54 VulcanMatls VMC 1.0 40 171.14 +2.06 .43 0.25 0.07 AIBAcqnRt AIBBR ... ... .14 +0.04 ...
10.83 4.92 TutorPerini TPC ... dd 5.06 –0.28 ... 11.57 9.94 ALSPOrchidI A ALOR ... cc 10.33 +0.01 ...
3.42 0.77 Tuya TUYA ... dd 1.95 +0.16 ... W 15.39 4.23 AlxOncology ALXO ... dd 6.00 +1.20 ...
129.79 41.00 Twilio TWLO ... dd 57.26 –2.36 ...
42.67 14.45 AMC Networks AMCX ... cc 18.36 +0.48 ... 12,195
9.16 3.57 W&T Offshore WTI ... 3 4.47 –0.66 ... 60.49 44.72 Amerisafe AMSF 2.6 18 53.22 +1.43 .34
10.71 9.76 TwinRidgeCapA TRCA ... 44 10.30 +0.03 ... 108.39 80.82 WEC Energy WEC 3.2 22 97.06 +0.22 .78 41.57 23.71 A-MarkPrecMet AMRK 2.2 6 35.92 +0.21 .20
11.00 9.74 twoA TWOA ... dd 10.12 +0.01 ... 204.06 125.00 WEX WEX ... 40 180.07 –8.52 ... 45.99 22.31 ANI Pham ANIP ... dd 39.52 +1.10 ... (Prev Fri)
21.84 12.12 TwoHarbors TWO18.3 9 14.01 +0.35 .60 94.96 67.07 WNS WNS ... 33 91.73 +1.62 ... 333.89 194.23 Ansys ANSS ... 54 323.57 +6.10 ... 12,125
425.81 281.11 TylerTech TYL ... 96 373.39 +9.02 ... 89.63 67.77 W.P.Carey WPC 5.8 24 73.10 +1.791.067 23.58 6.88 AN2 Therap ANTX ... dd 8.70 –0.07 ...
97.84 55.81 TysonFoods TSN 3.1 9 61.00 +0.18 .48 65.45 39.67 WPP WPP 3.9 16 59.81 +0.531.4657 51.95 30.15 APA APA 2.7 3 37.23 –3.55 .25
30.10 12.81 WabashNational WNC 1.4 10 22.55 +0.33 .08 22.45 15.50 ARKRestaurants ARKR 2.8 7 17.91 +0.77 .125
U 9.23 2.80 ARS Pharm SPRY ... dd 6.54 +0.56 ... 12,055
107.86 78.26 Wabtec WAB .7 29 100.44 +0.71 .17
698.59 363.15 ASML ASML .8 35 634.47 –31.731.8386
22.30 13.80 UBS Group UBS 2.7 9 20.29 –1.62 .55 131.78 67.51 Walker&Dunlop WD 3.7 11 68.06 –3.34 .63 10.48 9.81 A SPAC II ASCB ... cc 10.43 +0.02 ...
59.37 37.18 UDR UDR 4.0 cc 41.53 +1.31 .42 12.70 3.14 Wallbox WBX ... ... 3.20 –0.03 ... 0.30 0.05 A SPAC II Rt ASCBR ... ... .09 +0.01 ... +34.26 -4.31 +3.81 -97.67 +12.90
44.54 31.19 UGI UGI 4.1 40 34.99 +0.44 .36 160.36 117.27 Walmart WMT 1.5 36 151.73 +3.25 .57 14.27 3.55 AST Space ASTS ... dd 4.29 +0.42 ... 11,985
70.57 44.79 U-Haul UHAL .0 2 60.88 +0.65 .05 25.13 9.50 WarbyParker WRBY ... dd 10.72 –0.37 ... 2.64 0.88 ATA Creativity AACG ... dd 1.88 +0.03 ...
68.29 47.22 U-Haul N UHAL.B .3 ... 54.01 –0.10 .04 42.95 26.11 WarriorMetCoal HCC .8 3 36.51 –1.32 .88 5.00 1.14 ATAI Life ATAI ... dd 2.17 +0.29 ...
10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4 10 12 2 4
24.76 13.73 UMH Prop UMH 5.5 dd 14.89 +0.31 .205 148.20 113.50 WasteConnections WCN .7 45 145.10 +2.00 .255 50.45 34.74 ATN Intl ATNI 2.1 dd 39.13 –0.64 .21
61.10 44.67 Unitil UTL 2.8 23 58.72 +0.81.405 175.98 138.89 WasteMgt WM 1.7 31 165.15 –0.15 .70 1.93 0.56 AVROBIO AVRO ... dd .94 ... ... 52-Week Tick Div 52-Week Tick Div
21.95 14.90 USA Compression USAC10.1 dd 20.69 –0.78 .525 3.36 0.97 Waterdrop WDH ... 13 2.94 –0.02 ... 9.94 3.09 AXT AXTI ... 8 3.10 –0.40 ... High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
80.14 48.61 UsanaHealth USNA ... 18 65.10 +0.87 ... 369.00 265.61 Waters WAT ... 26 306.90 –0.27 ... 17.63 12.48 Abcam ABCM ... dd 15.86 +0.26 ... 47.75 24.05 Alpha&Omega AOSL ... 9 24.76 –0.79 ... 20.75 7.85 ArcoPlatform ARCE ... 91 11.24 –0.08 ...
32.41 19.12 US Cellular USM ... 64 21.34 –0.84 ... 356.60 220.68 Watsco WSO 2.9 22 338.42 +26.45 2.45 14.97 5.42 AbCelleraBio ABCL ... 14 7.21 –0.17 ... 10.55 9.89 AlphaStarAcqn ALSA ... cc 10.54 +0.01 ... 29.10 11.70 ArcturusTherap ARCT ... cc 27.68 +0.11 ...
41.28 25.49 US Foods USFD ... 39 37.73 +0.78 ... 181.40 116.31 WattsWater WTS .7 22 162.06 +1.96 .30 7.46 1.53 Absci ABSI ... dd 1.69 –0.10 ... 0.21 0.05 AlphaStarRt ALSAR ... ... .09 –0.02 ... 27.40 10.05 ArcutisBiotherap ARQT ... dd 13.80 –0.09 ...
131.50 73.30 US PhysTherapy USPH 1.6 47 105.26 +0.12 .43 10.70 9.62 WaverleyCap1 A WAVC ... cc 10.40 +0.17 ... 12.59 6.79 AbsoluteSftwr ABST 3.0 dd 7.94 –1.10.0595 15.30 2.01 AlphaTeknova TKNO ... dd 2.06 –0.20 ... 5.13 0.49 Ardelyx ARDX ... dd 4.95 +0.24 ...
5.30 3.43 AcaciaResearch ACTG ... dd 3.76 –0.02 ... 125.40 83.34 Alphabet A GOOGL ... 23 105.41 –3.46 ... 22.31 16.53 AresCapital ARCC10.5 15 18.20 –0.05 .48
19.99 9.47 US Silica SLCA ... 12 12.28 –0.14 ... 93.24 28.11 Wayfair W ... dd 36.87 +2.06 ...
69.02 25.10 AcademySports ASO .5 9 66.65 –0.44 .09 125.45 83.45 Alphabet C GOOG ... 24 105.91 –3.55 ... 407.93 267.35 arGEN-X ARGX ... dd 389.37 +6.38 ...
6.03 1.34 US Xpress USX ... dd 6.01 +0.07 ... 6.93 2.91 WeaveComms WEAV ... dd 4.50 +0.01 ... 89.85 63.20 AcadiaHealthcare ACHC ... 25 73.71 –2.03 ... 17.13 5.73 Alphatec ATEC ... dd 16.15 +0.55 ... 8.71 0.36 ArgoBlockchain ARBK ... dd 1.44 –0.06 ...
5.47 2.84 UWM UWMC 7.5 12 5.31 +0.13 .10 56.46 36.03 WebsterFin WBS 4.1 8 38.68 +1.42 .40 16.12 4.61 Accolade ACCD ... dd 16.03 +1.72 ... 10.65 10.05 AlphaTimeAcqn ATMC ... ... 10.25 +0.02 ... 15.27 4.23 Arhaus ARHS ... 8 8.16 +0.32 ...
37.58 19.90 Uber UBER ... dd 30.83 –0.65 ... 95.57 71.05 WeisMarkets WMK 1.6 18 86.07 +1.70 .34 10.91 9.80 AccretionAcqn ENER ... cc 10.32 –0.02 ... 10.72 10.10 AlphaVestAcqn ATMV ... ... 10.25 ... ... 10.49 9.83 AriszAcqnA ARIZ ... dd 10.41 +0.04 ...
350.63 218.15 Ubiquiti UI 1.0 43 244.63 –14.59 .60 48.84 35.25 WellsFargo WFC 2.9 12 41.24 +1.60 .30 0.29 0.01 AccretionAcqnRt ENERR ... ... .12 –0.01 ... 0.57 0.11 AlphaVestAcqnRt ATMVR ... ... .11 –0.04 ... 0.20 0.01 AriszAcqnRt ARIZR ... ... .14 ... ...
22.30 10.40 UiPath PATH ... dd 15.34 –0.86 ... 96.84 56.50 Welltower WELL 3.2 cc 75.63 +1.54 .61 3.52 1.70 Accuray ARAY ... dd 2.92 –0.08 ... 9.95 4.82 AlpineImmune ALPN ... dd 7.16 –0.15 ... 12.20 8.56 ArmadaAcqnI AACI ... dd 10.15 +0.05 ...
3.11 2.13 UltraparPart UGP 3.8 9 2.84 –0.15.0613 175.00 99.00 WescoIntl WCC 1.1 9 142.10 +4.68 .375 7.60 0.57 AcelRxPharm ACRX ... 0 .70 +0.01 ... 7.25 0.52 AlpineSummit ALPS47.1 4 .78 –0.09.0315 10.61 9.90 ArogoCapA AOGO ... dd 10.42 –0.05 ...
16.29 6.38 UnderArmour A UAA ... 13 8.84 –0.35 ... 102.96 67.45 WestFraserTimber WFG 1.6 4 75.70 –1.57 .30 10.79 9.94 AchariVenturesI AVHI ... 30 10.50 –0.06 ... 10.40 9.83 AlsetCapAcqnA ACAX ... cc 10.30 ... ... 24.59 5.45 ArrayTech ARRY ... dd 21.11 –0.28 ...
15.09 5.74 UnderArmour C UA ... 12 8.02 –0.30 ... 369.52 206.19 WestPharmSvcs WST .2 47 365.88 +1.95 .19 3.45 0.75 AchillesTherap ACHL ... dd .87 –0.02 ... 0.44 0.05 AlsetCapAcqnRt ACAXR ... ... .27 +0.01 ... 138.46 2.37 Arrival ARVL ... ... 2.39 –1.68 ...
17.27 6.33 Unifi UFI ... dd 7.38 –0.33 ... 86.87 7.46 WestAllianceBcp WAL 3.5 5 40.59 +8.93 .36 18.96 5.77 AclarisTherap ACRS ... dd 9.15 +0.31 ... 72.66 43.17 AltairEngg ALTR ... dd 70.79 –0.37 ... 36.51 22.38 ArrowFinancial AROW 4.8 8 22.48 –0.23 .27
205.59 154.72 Unifirst UNF .7 31 170.76 +3.28 .31 15.84 7.00 WstAstMtgCap WMC16.8 dd 8.35 –0.13 .35 1.48 0.26 AcordaTherap ACOR ... dd .49 –0.04 ... 10.41 9.88 AltEnergyA AEAE ... 19 10.39 +0.01 ... 48.48 23.09 ArrowheadPharm ARWR ... dd 30.87 +0.41 ...
54.75 42.44 Unilever UL 3.4 18 54.51 +0.93.4569 29.50 21.95 WesternMidstrm WES 7.5 9 26.70 –0.30 .856 10.70 9.97 AcriCapitalA ACAC ... cc 10.54 +0.06 ... 23.49 3.82 Altimmune ALT ... dd 5.79 +1.01 ... 10.90 9.70 ArtemisStratInvt ARTE ... 75 10.40 +0.01 ...
242.66 183.69 UnionPacific UNP 2.6 18 198.85 +0.32 1.30 19.70 10.07 WesternUnion WU 8.7 5 10.86 –0.23 .235 25.47 8.06 AcrivonTherap ACRV ... ... 11.74 +3.36 ... 17.67 3.58 AltisourcePortf ASPS ... dd 3.69 –0.15 ... 16.00 3.27 Arteris AIP ... dd 3.80 –0.17 ...
86.12 70.94 ActivisionBliz ATVI ... 45 85.53 +0.26 ... 14.60 5.20 Alvotech ALVO ... dd 9.41 –1.25 ... 63.00 44.08 ArtesianRscs A ARTNA 2.0 30 56.57 +0.62.2784
18.90 3.31 Unisys UIS ... dd 3.36 –0.54 ... 141.19 81.29 Westlake WLK 1.2 7 114.32 –3.80 .357
10.97 3.02 AcumenPharm ABOS ... dd 4.00 +0.26 ... 27.33 16.82 AmalgamFin AMAL 2.3 7 17.35 +0.22 .10 64.51 25.35 Arvinas ARVN ... dd 28.54 +1.68 ...
9.10 5.36 UnitedMicro UMC ... 7 8.09 –0.28 ... 54.78 26.84 WestRock WRK 3.6 10 30.79 +0.61 .275 2.15 0.48 AcutusMedical AFIB ... dd .79 +0.10 ... 3.13 1.04 Amarin AMRN ... dd 1.35 ... ... 134.53 61.58 AscendisPharma ASND ... dd 80.93 –0.24 ...
49.56 22.07 UnitedNatFoods UNFI ... 9 26.55 +0.86 ... 16.80 9.45 Westwood WHG 4.8 dd 12.45 +1.85 .15 3.88 0.90 Adagene ADAG ... dd 1.41 –0.08 ... 149.62 81.43 Amazon.com AMZN ... dd 106.96 +4.45 ... 18.00 8.12 AscentIndustries ACNT ... 5 9.57 –0.31 ...
209.39 154.87 UPS B UPS 3.3 15 195.21 +2.34 1.62 8.08 0.44 WeWork WE ... dd .45 –0.05 ... 2.65 1.01 AdaptimmuneTher ADAP ... dd 1.35 –0.01 ... 99.86 49.02 Ambarella AMBA ... dd 67.32 –0.68 ... 263.59 173.81 AspenTech AZPN ... ... 234.76 –6.88 ...
481.99 230.54 UnitedRentals URI 1.6 13 372.66 –5.39 1.48 42.86 27.37 Weyerhaeuser WY 2.4 12 31.03 –0.05 .19 13.21 5.96 AdaptiveBiotech ADPT ... dd 8.59 +0.68 ... 13.07 0.38 AmbrxBio AMAM ... dd 12.30 +2.21 ... 2.42 0.77 AssemblyBiosci ASMB ... dd .98 –0.02 ...
53.37 32.61 US Bancorp USB 5.7 9 33.52 –1.45 .48 52.76 28.62 WheatonPrecMet WPM 1.2 33 49.11 –1.78 .15 114.99 73.66 AddusHomeCare ADUS ... 40 112.47 +1.30 ... 97.08 76.79 Amdocs DOX 1.9 21 91.85 –4.26 .435 49.56 31.04 AstecIndustries ASTE 1.3 dd 40.95 –0.10 .13
35.80 16.41 US Steel X .8 3 25.01 –0.77 .05 3.34 0.37 WheelsUp UP ... dd .47 –0.03 ... 11.85 6.30 Adeia ADEA 2.5 dd 8.06 +0.10 .05 147.99 69.36 Amedisys AMED ... 22 78.75 –2.31 ... 75.91 52.65 AstraZeneca AZN 1.9 72 75.60 +1.74 .985
558.10 449.70 UnitedHealth UNH 1.4 22 483.82 –27.97 1.65 199.07 124.10 Whirlpool WHR 5.0 dd 140.98 +6.03 1.75 21.87 5.13 AdicetBio ACET ... dd 6.18 +0.57 ... 31.09 17.58 AmerantBncpA AMTB 2.0 10 18.29 –1.11 .09 16.28 2.36 AstriaTherap ATXS ... dd 12.35 +1.30 ...
80.62 21.22 UnitySoftware U ... dd 28.65 –0.79 ... 1560.21 1030.38 WhiteMtnIns WTM .1 dd 1525.00 +114.81 1.00 451.15 274.73 Adobe ADBE ... 37 377.67 –1.71 ... 21.15 11.65 AmerAirlines AAL ... cc 13.40 +0.61 ... 16.33 7.46 Astronics ATRO ... dd 15.96 +0.74 ...
35.61 21.49 Univar UNVR ... 11 35.28 –0.02 ... 13.34 8.15 WhitestoneREIT WSR 5.3 13 8.98 –0.08 .04 6.59 1.70 AdvEmissions ADES ... dd 1.95 +0.13 ... 105.60 80.30 AEP AEP 3.5 21 93.92 +1.42 .83 15.56 10.97 AstroNova ALOT ... 41 14.88 –0.04 ...
64.13 43.64 Universal UVV 5.9 14 53.76 –0.16 .79 22.72 8.57 WideOpenWest WOW ... dd 10.93 +0.20 ... 101.00 67.55 AdvEnergyInds AEIS .5 17 87.82 –3.33 .10 38.83 28.22 AmNtlBcsh AMNB 4.1 9 29.25 –0.36 .30 9.34 2.32 AtaraBiotherap ATRA ... dd 3.04 +0.35 ...
57.85 40.92 UniversalHealth UHT 6.1 31 46.83 +0.15 .715 54.38 34.49 Wiley A WLY 3.6 dd 38.90 +0.75.3475 109.57 54.57 AdvMicroDevices AMD ... cc 88.43 –3.32 ... 13.54 7.10 AmOutdoorBrands AOUT ... dd 9.00 ... ... 9.79 2.94 AteaPharm AVIR ... dd 3.28 ... ...
154.65 82.50 UniversalHealthB UHS .6 15 139.97 +3.99 .20 54.58 34.46 Wiley B WLYB 3.5 dd 40.27 +2.00.3475 5.65 1.15 AdvantageSolns ADV ... dd 1.15 –0.20 ... 21.12 3.78 AmericanPubEdu APEI ... dd 6.54 +0.22 ... 23.80 0.98 Athenex ATNX ... dd 1.31 +0.02 ...
1.82 0.53 AdverumBiotech ADVM ... dd .93 +0.09 ... 19.34 11.63 AmerSoftware AMSWA 3.5 38 12.41 –0.39 .11 12.07 2.22 AthiraPharma ATHA ... dd 2.77 +0.20 ...
19.82 8.39 UnivInsurance UVE 3.2 dd 19.79 +1.56 .16 37.97 27.80 Williams WMB 6.0 18 29.93 –0.46.4475
1.80 0.14 AegleaBioTherap AGLE ... dd .17 +0.02 ... 6.65 3.20 AmerSupercond AMSC ... dd 4.04 –0.19 ... 3.49 2.10 AtlanticAmerican AAME ... 19 2.33 –0.16 ...
11.45 5.27 UnvlTechInst UTI ... 46 6.90 –0.51 ... 176.89 101.58 Williams-Sonoma WSM 3.0 7 121.27 +2.78 .90 11.50 1.99 Aemetis AMTX ... dd 2.16 –0.07 ...
46.64 30.21 UnumGroup UNM 3.3 6 40.48 +0.45 .33 70.53 43.05 Winnebago WGO 1.8 6 59.08 +0.48 .27 60.78 40.70 AmericanWoodmark AMWD ... 11 51.36 +0.55 ... 10.95 9.79 AtlCoastal II A ACAB ... cc 10.39 –0.01 ...
30.79 10.52 AerovateTherap AVTE ... dd 19.51 +2.62 ... 127.05 52.24 AmerCarMart CRMT ... 12 79.00 –7.00 ... 36.35 24.42 AtlanticaSust AY 6.4 dd 27.74 –0.05.445
9.90 1.27 UpHealth UPH ... dd 1.69 +0.01 ... 6.92 4.32 Wipro WIT 1.6 17 4.41 +0.08.1225 109.22 70.08 AeroVironment AVAV ... dd 102.73 –3.59 ... 54.24 32.78 AmerisBancorp ABCB 1.8 7 33.98 +0.55 .15 47.59 21.65 Atlanticus ATLC ... 5 29.03 +0.39 ...
19.71 12.91 UrbanEdgeProp UE 4.3 37 14.73 +0.53 .16 6.55 4.60 WisdomTree WT 1.8 26 6.49 +0.07 .03 10.82 9.88 AetheriumAcqnA GMFI ... dd 10.42 +0.01 ... 4.12 2.95 AmeriServFin ASRV 4.0 8 3.00 –0.12 .03 300.29 113.86 Atlassian TEAM ... dd 158.55 –6.98 ...
22.80 14.76 UrstadtBiddle UBP 5.9 22 15.35 –0.26 .225 125.48 52.76 Wolfspeed WOLF ... dd 59.38 +3.15 ... 4.08 0.55 Affimed AFMD ... dd .85 +0.09 ... 296.67 223.30 Amgen AMGN 3.5 20 243.86 –6.14 2.13 243.99 0.47 AtlisMotor AMV ... dd .53 –0.10 ...
19.36 15.07 UrstadtProp A UBA 5.7 25 17.53 +0.33 .25 24.08 9.60 WolverineWwide WWW 2.4 dd 16.77 –0.15 .10 40.97 8.62 AffirmHldgs AFRM ... dd 10.99 –0.05 ... 13.84 5.91 AmicusTherap FOLD ... dd 11.45 +0.05 ... 29.40 11.02 AtourLifestyle ATAT ... cc 23.02 +0.19 ...
19.98 12.06 UtzBrands UTZ 1.2 dd 18.31 +0.73 .057 26.93 19.11 WoodsideEnergy WDS11.0 6 22.68 –0.59 1.44 17.02 8.73 Afya AFYA ... 15 12.09 –1.45 ... 31.38 14.89 AmkorTech AMKR 1.3 8 23.43 –0.72 .075 2.80 0.76 Atreca BCEL ... dd .91 –0.02 ...
39.64 22.18 WooriFin WF 6.8 3 26.48 –0.251.7502 88.16 31.49 Agilysys AGYS ... cc 84.71 +0.92 ... 43.95 26.76 AmphastarPharm AMPH ... 25 43.84 +1.69 ... 59.81 32.51 AtriCure ATRC ... dd 41.95 –0.50 ...
V 106.70 59.43 Workiva WK ... dd 97.30 –2.21 ... 34.76 16.75 AgiosPharm AGIO ... dd 22.68 +0.74 ... 13.45 6.66 AmtechSystems ASYS ... 9 8.72 –0.80 ... 705.74 534.99 Atrion ATRI 1.3 34 659.00 +14.22 2.15
30.65 19.29 WorldFuelSvcs INT 2.2 14 25.10 –0.81 .14 8.22 2.50 Agora API ... dd 3.39 –0.15 ... 41.93 6.51 AmylyxPharm AMLX ... dd 31.05 +1.05 ... 32.10 21.77 AuburnNatlBncp AUBN 4.5 8 23.75 +1.00 .27
56.28 20.03 VF VFC 5.2 21 22.88 +0.40 .30 10.70 9.86 AhrenAcqnA AHRN ... 29 10.47 +0.01 ...
109.80 55.09 WW Ent WWE .4 48 109.35 +4.66 .12 4.86 0.76 Amyris AMRS ... dd .79 –0.18 ... 24.80 10.00 AudioCodes AUDC 3.5 12 10.15 –0.86 .18
5.60 1.25 ViaOptronics VIAO ... dd 2.83 +0.16 ... 28.95 14.01 AirT AIRT ... 66 24.52 –0.12 ...
65.17 38.01 WorthingtonInds WOR 2.0 15 61.25 +0.03 .31 198.25 133.48 AnalogDevices ADI 1.8 28 186.34 –2.17 .86 24.83 8.13 AuraBiosciences AURA ... dd 8.80 +0.10 ...
35.69 26.42 VICI Prop VICI 4.7 27 33.33 +0.98 .39 34.00 19.42 AirTransportSvcs ATSG ... 9 20.50 –0.05 ... 32.44 18.20 AnaptysBio ANAB ... dd 22.58 +1.05 ...
91.66 58.82 WyndhamHtls WH 2.0 18 68.95 +2.14 .35 10.51 9.83 AuraFatProjectsA AFAR ... 83 10.48 –0.01 ...
13.84 6.47 Vizio VZIO ... ... 8.84 –0.09 ... 163.24 81.91 Airbnb ABNB ... 41 115.50 +0.85 ... 15.24 7.13 AnavexLifeSci AVXL ... dd 8.03 +0.15 ... 13.42 4.07 AuriniaPharm AUPH ... dd 10.71 –0.51 ...
13.70 5.75 VOC Energy VOC 13.7 7 9.13 –0.22 .23 XYZ 11.75 2.69 AirSculptTech AIRS .0 dd 5.00 –0.25 .41 55.63 29.35 Andersons ANDE 1.7 12 44.20 +2.71 .185 3.21 0.61 AuroraCannabis ACB ... dd .62 –0.02 ...
5.95 2.66 VTEX VTEX ... ... 3.30 –0.41 ... 119.76 70.65 AkamaiTech AKAM ... 27 80.94 –1.61 ... 9.56 1.47 Anghami ANGH ... ... 1.72 +0.12 ... 4.83 1.10 AuroraInnov AUR ... dd 1.49 +0.08 ...
51.00 29.55 V2X VVX ... cc 43.21 +1.17 ... 4.20 1.62 XFinancial XYF ... 2 3.32 +0.17 ... 54.88 7.52 AkeroTherap AKRO ... dd 46.30 +8.31 ... 6.31 1.81 Angi ANGI ... dd 2.05 –0.06 ... 1.19 0.40 AuroraMobile JG ... dd .42 ... ...
8.77 3.88 VaalcoEnergy EGY 3.9 6 4.11 –0.33.0625 45.06 24.75 XPO XPO ... 8 44.02 +10.72 ... 16.57 6.63 Akoya AKYA ... dd 7.30 +0.26 ... 24.74 8.60 AngioDynamics ANGO ... dd 8.90 –0.19 ... 11.23 9.54 AuroraTechA ATAK ... 40 10.44 +0.01 ...
269.50 201.91 VailResorts MTN 3.3 30 249.13 +4.30 2.06 20.14 11.74 XeniaHotels XHR 3.1 26 12.71 –0.12 .10 78.99 46.94 Alarm.com ALRM ... 45 48.25 +0.28 ... 2.04 0.46 AngionBiomed ANGN ... dd .78 +0.20 ... 0.19 0.05 AuroraTechRt ATAKR ... ... .14 +0.01 ...
80.00 37.17 Valaris VAL ... 26 60.96 –5.03 ... 11.90 2.95 XinyuanRealEst XIN ... dd 3.15 –0.17 ... 4.01 0.41 AlaunosTherap TCRT ... dd .51 –0.06 ... 32.51 19.95 AnikaTherap ANIK ... dd 27.07 –0.65 ... 235.01 163.20 Autodesk ADSK ... 51 194.09 –0.57 ...
19.31 11.72 Vale VALE 7.3 4 14.27 –1.69 .347 35.35 6.18 XPeng XPEV ... dd 9.25 –0.67 ... 13.50 5.76 Alector ALEC ... dd 6.65 +0.19 ... 7.65 2.38 Annexon ANNX ... dd 5.61 +0.77 ... 3.79 1.60 AutolusTherap AUTL ... dd 1.80 ... ...
10.63 5.64 AlgomaSteel ASTL 2.7 3 7.51 –0.24 .05 10.90 9.91 AnthemisDigA ADAL ... cc 10.47 +0.01 ... 274.92 196.61 ADP ADP 2.3 29 215.21 –0.49 1.25
5.99 2.54 ValensSemicon VLN ... dd 2.64 –0.16 ... 26.00 8.15 Xperi XPER ... ... 10.02 +0.13 ...
43.26 23.00 Alico ALCO .8 dd 24.03 –0.09 .05 87.48 33.32 ApellisPharm APLS ... dd 86.25 +5.30 ... 10.57 1.05 AvadelPharm AVDL ... dd 10.55 +0.64 ...
150.39 96.71 ValeroEnergy VLO 3.4 4 119.63 –12.23 1.02 33.21 11.20 XponentialFit XPOF ... dd 32.58 +1.25 ... 381.60 172.05 AlignTech ALGN ... 77 355.14 +12.87 ...
54.06 15.59 Valhi VHI 1.9 5 16.80 –0.08 .08 118.58 72.08 Xylem XYL 1.3 53 104.31 –0.13 .33 49.65 35.96 ApogeeEnt APOG 2.2 9 43.57 +1.37 .24 10.95 9.94 AvalonAcqn AVAC ... 33 10.49 ... ...
19.17 4.88 AlignmentHlthcr ALHC ... dd 5.32 –1.26 ... 49.00 4.28 ApollomicsA APLM ... dd 4.53 –1.40 ... 30.23 15.69 Avantax AVTA ... dd 25.80 –1.46 ...
353.36 213.27 ValmontInds VMI .8 25 304.44 +1.41 .60 55.15 27.86 Yeti YETI ... 38 39.23 –0.35 ... 2.41 0.84 AligosTherap ALGS ... dd 1.01 +0.08 ... 135.81 79.92 AppFolio APPF ... dd 133.22 +5.12 ... 3.17 0.67 AveannaHealth AVAH ... dd 1.09 –0.16 ...
37.33 24.40 Valvoline VVV 1.5 15 34.37 –0.07 .125 13.11 2.82 YPF YPF ... 2 11.30 –1.15 ... 7.92 1.30 AlimeraSciences ALIM ... dd 2.07 –0.03 ... 4.84 0.46 AppHarvest APPH ... dd .47 –0.01 ...
5.56 0.46 Vapotherm VAPO ... dd .51 –0.01 ... 5.57 3.00 Yalla YALA ... 8 3.64 –0.31 ... 6.13 3.40 AvePoint AVPT ... dd 4.38 +0.22 ...
17.71 9.23 AlkamiTech ALKT ... dd 12.78 +0.26 ... 59.90 29.80 Appian APPN ... dd 40.00 –0.36 ...
14.39 8.64 VectorGroup VGR 6.4 12 12.49 –0.23 .20 2.20 0.39 YatsenHolding YSG ... dd 1.03 –0.23 ... 39.80 23.88 AviatNetworks AVNW ... 28 32.51 –1.52 ...
32.79 21.75 Alkermes ALKS ... dd 29.38 +0.03 ... 176.15 124.17 Apple AAPL .6 28 165.02 –0.19 .23 35.39 20.83 AvidTechnology AVID ... 25 31.11 –1.68 ...
232.26 151.02 VeevaSystems VEEV ... 62 185.52 +6.58 ... 39.27 25.30 Yelp YELP ... 58 29.41 –1.28 ... 8.73 2.54 Allakos ALLK ... dd 4.57 +0.80 ... 5.00 0.85 AppliedDigital APLD ... dd 3.19 –0.35 ... 25.74 9.83 AvidityBio RNA ... dd 16.32 +1.34 ...
5.96 1.28 Velo3D VLD ... dd 2.29 +0.08 ... 9.88 4.00 Yext YEXT ... dd 9.01 +0.80 ... 118.30 0.48 AllarityTherap ALLR ... dd .51 –0.93 ... 125.62 71.12 ApplMaterials AMAT 1.1 15 113.46 +0.56 .32 11.86 5.86 AvidXchange AVDX ... dd 7.65 +0.14 ...
13.60 7.81 VelocityFinl VEL ... 10 8.98 +0.04 ... 3.85 0.67 YirenDigital YRD ... ... 2.12 +0.05 ... 6.12 1.03 Allbirds BIRD ... dd 1.30 +0.07 ... 4.79 0.24 AppliedMolecular AMTI ... dd .28 +0.03 ... 311.06 131.83 AvisBudget CAR ... 3 176.71 –1.11 ...
2.78 0.30 VenatorMaterials VNTR ... dd .33 –0.07 ... 10.00 3.03 Youdao DAO ... dd 5.77 –0.31 ... 174.09 62.94 AllegiantTravel ALGT ... cc 100.49 +4.43 ... 4.00 1.48 AppliedOptoelec AAOI ... dd 2.14 +0.02 ... 50.19 35.45 Avnet AVT 2.8 5 41.58 –2.41 .29
59.81 35.33 Ventas VTR 4.0 dd 45.18 +1.69 .45 138.53 103.97 Yum!Brands YUM 1.7 30 138.33 +3.45 .605 48.72 19.20 AllegroMicro ALGM ... 53 41.66 –3.38 ... 2.15 0.50 AppliedTherap APLT ... dd .95 +0.11 ... 2.93 1.32 Aware AWRE ... dd 1.68 –0.06 ...
17.69 10.22 VerisResidential VRE ... dd 15.32 –0.15 ... 64.70 36.05 YumChina YUMC .8 60 62.21 –0.77 .13 27.63 14.54 AllianceResource ARLP13.5 5 20.79 +0.07 .70 44.76 9.14 Applovin APP ... dd 16.43 –0.04 ... 136.38 46.41 AxcelisTechs ACLS ... 23 125.37 –2.31 ...
161.84 94.50 Veritiv VRTV 2.1 5 120.07 –3.44 .63 71.40 16.23 ZimIntShipping ZIM 88.1 1 19.25 –2.406.40 64.62 47.19 AlliantEnergy LNT 3.3 20 55.29 +0.93.4525 13.40 0.40 Appreciate SFR ... dd 1.50 +1.03 ... 2.79 0.16 AxcellaHealth AXLA ... dd .40 +0.02 ...
44.88 21.14 AlliedMotionTech AMOT .3 33 35.70 –0.92 .025 32.70 3.78 ApreaTherap APRE ... dd 3.92 –0.18 ...
53.54 34.55 Verizon VZ 7.0 7 37.32 –1.90.6525 29.79 16.27 ZTO Express ZTO .0 23 28.19 –0.22 .37 229.00 82.49 AxonEnterprise AXON ... cc 225.02 +1.11 ...
17.49 4.42 AllogeneTherap ALLO ... dd 5.41 +0.42 ... 17.30 2.30 Aptorum APM ... dd 2.77 +0.22 ...
30.17 11.93 VermilionEnergy VET 1.8 2 12.94 –0.53.0727 2.74 1.05 ZeppHealth ZEPP ... dd 1.31 –0.02 ... 79.92 38.41 Axonics AXNX ... dd 60.21 +2.89 ...
6.43 2.51 Allot ALLT ... dd 2.76 –0.01 ... 10.70 9.95 APxAcqnI A APXI ... 18 10.54 ... ...
11.58 1.41 VerticalAerospace EVTL ... dd 1.95 –0.15 ... 11.60 4.09 ZetaGlobal ZETA ... dd 10.38 +0.18 ... 82.00 20.63 AxsomeTherap AXSM ... dd 72.92 +4.42 ...
10.29 3.17 AlloVir ALVR ... dd 3.85 –0.03 ... 11.16 1.31 ApyxMedical APYX ... dd 2.90 –0.10 ...
17.88 7.76 Vertiv VRT .1 dd 12.18 –0.25 .01 5.49 1.86 ZeviaPBC ZVIA ... dd 3.51 –0.04 ... 242.97 117.58 AlnylamPharm ALNY ... dd 209.28 +5.36 ... 79.60 37.61 Azenta AZTA ... dd 42.98 –3.14 ...
2.08 0.62 AquestiveTherap AQST ... dd 1.39 +0.12 ...
44.25 18.42 Viad VVI ... cc 18.52 –0.49 ... 2.13 0.89 Zhihu ZH ... dd 1.16 –0.04 ... 2.46 0.58 Aravive ARAV ... dd 1.70 +0.02 ... B
5.12 1.36 VicariousSurgical RBOT ... 84 2.34 +0.23 ... 140.29 100.39 ZimmerBiomet ZBH .7 cc 137.92 +5.55 .24 3.15 1.85 ArbutusBiopharma ABUS ... dd 3.00 +0.13 ... 20.71 10.71 BCB Bancorp BCBP 5.8 4 11.00 –0.18 .16
51.00 26.14 Victoria'sSecret VSCO ... 8 33.26 +0.15 ... 24.17 13.68 ZipRecruiter ZIP ... 35 17.64 +0.05 ... Nasdaq Issues includes stocks traded on the Nasdaq 104.87 65.88 ArcBest ARCB .5 8 95.60 +1.70 .12 14.53 6.35 BELLUS Health BLU ... dd 14.43 +7.37 ...
9.50 5.88 VinceHolding VNCE ... dd 7.21 –0.04 ... 185.36 124.15 Zoetis ZTS .8 39 176.88 +2.28 .375 Global Select and Nasdaq Global Market tiers. They are
eligible for inclusion on the basis of SEC-approved 39.89 6.04 Arcellx ACLX ... dd 39.56 +8.55 ... 5.51 3.00 BGC Partners BGCP .9 37 4.68 +0.29 .01
16.18 6.36 Vipshop VIPS ... 10 14.93 –0.08 ... 13.18 5.45 Zuora ZUO ... dd 8.65 –0.04 ... market value of publicly-held shares, trading volume, 72.68 41.05 ArchCapital ACGL ... 19 71.68 +1.43 ... 36.14 20.15 BJsRestaurants BJRI ... cc 31.34 +3.60 ...
8.56 2.98 VirginGalactic SPCE ... dd 3.51 +0.18 ... 35.82 19.29 ZurnElkayWater ZWS 1.3 45 20.99 +0.40 .07 price and number of market-makers. 86.80 1.24 Arcimoto FUV ... dd 1.47 –0.36 ... 110.85 70.21 BOK Fin BOKF 2.6 11 81.58 +0.86 .54
50 BARRON’S April 24, 2023

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
33.34 17.08 BRP Group BRP ... dd 25.11 –0.25 ... 36.27 25.80 CSX CSX 1.4 16 31.82 +1.36 .11 18.07 3.79 CogentBio COGT ... dd 11.24 +0.97 ... 125.55 66.89 DexCom DXCM ... cc 123.73 +8.03 ... 8.96 2.04 Exagen XGN ... dd 2.43 ... ...
90.42 58.71 BRP DOOO .7 10 77.57 +0.29 .133 29.25 15.01 CVB Fin CVBF 5.2 9 15.31 –0.14 .20 71.32 46.75 CogentComm CCOI 5.4 cc 67.33 –1.69 .925 197.00 154.24 DiamondHillInvt DHIL 3.5 13 169.59 –0.09 1.50 11.10 9.91 ExcelFinAcqnA XFIN ... cc 10.29 +0.07 ...
59.46 24.95 B RileyFin RILY 12.2 dd 32.77 +4.80 1.00 12.88 0.59 CabalettaBio CABA ... dd 8.59 +0.78 ... 71.30 40.21 Cognex CGNX .6 39 48.62 –0.46 .07 168.95 103.71 DiamondbkEner FANG 2.1 6 141.09 –5.65 2.15 23.13 14.87 Exelixis EXEL ... 34 19.01 –0.45 ...
10.79 3.82 Backblaze BLZE ... dd 4.40 –0.26 ... 11.17 9.92 CactusAcqn1 A CCTS ... cc 10.49 +0.02 ... 6.27 1.07 CognitionTherap CGTX ... dd 1.72 –0.06 ... 43.68 18.54 DigiIntl DGII ... 49 32.47 –1.18 ... 49.86 35.19 Exelon EXC 3.3 20 43.22 +1.09 .36
160.88 73.58 Baidu BIDU ... 40 124.96 –3.79 ... 217.67 132.32 CadenceDesign CDNS ... 69 213.00 –1.55 ... 86.35 51.33 CognizantTech CTSH 1.9 13 59.49 –0.55 .29 27.60 12.45 Digimarc DMRC ... dd 17.04 –0.65 ... 191.18 126.17 ExlService EXLS ... 40 168.98 +0.65 ...
38.66 20.42 BakerHughes BKR 2.6 dd 29.66 +0.51 .19 70.23 31.31 CaesarsEnt CZR ... dd 44.05 +0.52 ... 7.76 2.31 CognyteSoftware CGNT ... dd 4.47 +0.21 ... 53.96 12.34 DigitalWorldA DWAC ... dd 13.04 –0.08 ... 18.70 9.96 eXpWorld EXPI 1.5 cc 11.92 –0.52.045
143.88 110.15 Balchem BCPC .6 40 128.67 +1.67 .71 10.67 3.51 Caesarstone CSTE26.5 dd 3.77 +0.07 .25 14.11 5.58 CoherusBioSci CHRS ... dd 8.30 +0.42 ... 36.51 20.26 DimeCommBcshs DCOM 4.9 5 20.44 –0.26 .25 187.83 82.39 Expedia EXPE ... 44 93.80 +1.77 ...
9.41 4.43 BallardPower BLDP ... dd 4.60 –0.37 ... 65.32 43.96 Cal-MaineFoods CALM16.1 4 54.54 –0.82 2.20 38.63 24.06 Cohu COHU ... 18 35.45 –0.59 ... 97.45 58.52 Diodes DIOD ... 12 83.27 –1.60 ... 119.90 86.08 ExpeditorsIntl EXPD 1.2 14 111.24 –0.43 .67
118.07 79.91 BancFirst BANF 2.0 14 81.99 +0.44 .40 7.44 2.41 CalAmp CAMP ... dd 2.50 –0.63 ... 141.20 31.55 CoinbaseGlbl COIN ... dd 59.04 –10.87 ... 32.85 11.80 DiscMedicine IRON ... dd 31.35 +9.40 ... 25.39 7.01 Expensify EXFY ... dd 8.45 +0.24 ...
29.16 9.20 Bandwidth BAND ... dd 13.41 –0.42 ... 45.50 22.64 CalavoGrowers CVGW 1.3 dd 30.74 +1.36 .10 30.22 14.04 CollegiumPharm COLL ... dd 23.07 +0.14 ... 11.17 10.15 DistokenAcqn DIST ... ... 10.27 +0.04 ... 112.75 80.97 Exponent EXPO 1.1 50 98.09 –0.21 .26
49.52 31.48 BankOZK OZK 4.0 7 35.39 +1.70 .35 26.17 17.06 CaliforniaBncp CALB ... 7 17.91 +0.10 ... 133.03 84.16 ColliersIntl CIGI .3 cc 102.69 +1.34 .15 0.15 0.10 DistokenAcqnRt DISTR ... ... .13 +0.01 ... 16.45 4.09 Exscientia EXAI ... dd 5.65 +0.86 ...
30.86 21.08 Bank7 BSVN 2.7 7 23.32 –0.03 .16 25.49 10.82 CalliditasTherap CALT ... dd 24.61 –0.14 ... 13.97 4.27 Collplant CLGN ... dd 7.31 +0.12 ... 55.96 25.66 DistributionSoln DSGR ... 30 44.58 +3.03 ... 21.03 8.49 ExtremeNetworks EXTR ... 43 15.71 –3.50 ...
10.68 8.39 BankFinancial BFIN 4.5 11 8.81 +0.26 .10 20.50 8.40 CalumetSpecialty CLMT ... dd 16.75 +0.28 ... 17.87 9.40 ColonyBankcorp CBAN 4.5 9 9.71 +0.10 .11 10.68 3.95 Diversey DSEY ... dd 8.16 +0.05 ... 12.65 2.19 EyePointPharm EYPT ... dd 9.00 +4.67 ...
36.87 22.70 BankwellFin BWFG 3.3 5 24.02 +0.90 .20 24.19 12.40 CambiumNtwks CMBM ... 21 14.71 –1.92 ... 35.53 19.59 ColumbiaBanking COLB 5.6 7 21.36 –0.22 .30 2.61 0.61 DiversifiedHlthcr DHC 4.2 dd .96 –0.11 .01 10.68 6.77 Ezcorp EZPW ... 14 8.69 –0.38 ...
75.72 49.28 Banner BANR 3.8 8 50.42 –1.12 .48 49.10 32.75 CamdenNational CAC 5.0 8 33.39 –0.04 .42 22.86 16.13 ColumbiaFin CLBK ... 24 19.27 +0.60 ... 3.02 0.70 DixieGroup DXYN ... dd .72 ... ... F
12.09 3.41 Baozun BZUN ... dd 4.77 –0.02 ... 31.94 20.83 Camtek CAMT ... 16 26.01 +0.62 ... 98.32 65.02 ColumbiaSportswr COLM 1.4 18 88.83 +0.93 .30 33.63 9.03 dLocal DLO ... ... 14.11 +0.20 ...
100.85 65.93 BarrettBus BBSI 1.4 13 86.99 –1.04 .30 4.54 1.87 Canaan CAN ... 4 2.62 –0.50 ... 39.85 23.54 ColumbusMcKinn CMCO .8 21 34.57 –0.92 .07 47.24 23.40 Docebo DCBO ... cc 37.36 –1.57 ... 46.82 22.61 FARO Tech FARO ... dd 23.85 –0.50 ...
24.12 14.20 BassettFurniture BSET 4.4 14 14.51 –1.30 .16 47.69 22.15 CanadianSolar CSIQ ... 12 39.83 +1.44 ... 47.00 28.39 Comcast A CMCSA 3.1 32 37.74 –0.22 .29 92.04 39.57 DocuSign DOCU ... dd 51.05 –3.41 ... 203.66 127.05 F5 FFIV ... 25 134.02 –11.43 ...
23.54 16.16 BayCom BCML 2.5 8 16.16 –0.18 .10 5.02 1.15 CandelTherap CADL ... dd 1.40 –0.02 ... 72.60 53.18 CommerceBcshrs CBSH 2.0 14 54.57 –0.57 .27 6.63 0.63 Dogness DOGZ ... 10 .88 +0.23 ... 3.65 1.31 FGFinancial FGF ... dd 2.43 –0.07 ...
68.31 45.71 BeaconRoof BECN ... 11 60.08 +1.52 ... 10.87 9.98 Canna-GlobalA CNGL ... cc 10.65 –0.15 ... 9.02 4.03 CommVehicle CVGI ... dd 7.25 –0.05 ... 175.68 124.76 DollarTree DLTR ... 21 150.99 +3.09 ... 10.50 9.89 FG Merger FGMC ... dd 10.47 +0.05 ...
73.27 27.77 BeamTherap BEAM ... dd 31.16 –0.11 ... 5.26 0.50 Canoo GOEV ... dd .76 +0.08 ... 13.73 4.44 CommScope COMM ... dd 4.53 –0.80 ... 45.73 11.35 Domo DOMO ... dd 16.60 +0.96 ... 4.06 0.53 FLJ FLJ ... 0 .62 –0.15 ...
1.77 0.74 BeasleyBroadcast BBGI ... dd .75 –0.02 ... 6.71 1.34 CanopyGrowth CGC ... dd 1.34 –0.09 ... 48.05 35.55 CmntyTrBcp CTBI 4.9 8 35.83 –0.56 .44 17.13 13.05 DonegalGroup A DGICA 4.5 dd 14.82 +0.18 .165 63.52 53.08 FRP Holdings FRPH ... cc 57.68 –1.82 ...
30.00 0.23 BedBath BBBY ... dd .29 +0.06 ... 6.90 2.77 Cantaloupe CTLP ... dd 5.65 –0.02 ... 15.23 11.92 CommWestBcshs CWBC 2.5 8 12.80 +0.03 .08 20.18 13.10 DonegalGroup B DGICB 4.0 dd 14.90 –0.01.1475 10.51 9.70 FTACEmeraldA EMLD ... ... 10.24 +0.01 ...
280.62 118.18 BeiGene BGNE ... dd 258.45 –5.55 ... 69.16 50.26 CommVaultSys CVLT ... cc 58.14 –2.98 ... 32.61 22.51 DorchesterMnls DMLP12.3 9 30.49 +1.05.8843 10.94 9.79 FTACZeusAcqnA ZING ... cc 10.30 +0.02 ...
32.92 19.33 CanterburyPark CPHC 1.2 15 23.16 –0.24 .07
44.30 20.94 BelFuse A BELFA .7 9 35.01 –0.99 .06 11.16 9.60 CompassDigitalAcqn CDAQ ... 29 10.25 +0.04 ... 119.04 73.32 DormanProducts DORM ... 22 86.00 +0.03 ... 28.57 14.29 FTAI Aviation FTAI 4.4 dd 27.50 +0.10 .33
27.49 15.32 CapitalBancorp CBNK 1.3 6 17.35 +0.90 .06
42.00 14.84 BelFuse B BELFB .9 8 32.76 –1.90 .07 7.94 4.26 CompoSecure CMPO ... 11 7.75 ... ... 12.59 7.41 DoubleDown DDI ... dd 7.97 +0.13 ... 4.25 2.22 FTAI Infra FIP 4.0 dd 3.00 –0.21 .03
36.86 24.63 CapitalCityBank CCBG 2.5 12 28.35 –0.17 .18
44.63 26.32 BentleySystems BSY .5 78 42.65 +0.15 .05 2.59 0.51 Compugen CGEN ... dd .62 –0.01 ... 2.12 0.90 DouYuIntl DOYU ... dd 1.07 –0.05 ... 6.14 1.78 FTC Solar FTCI ... dd 2.68 –0.18 ...
17.69 11.93 CapitalProduct CPLP 4.7 2 12.89 –0.21 .15
2.95 0.51 BerkshireGrey BGRY ... dd 1.37 ... ... 34.47 25.33 ComputerPrograms CPSI ... 26 28.52 –0.75 ... 22.02 9.77 DraftKings DKNG ... dd 21.97 +2.81 ... 6.42 0.60 FangddNetwork DUO ... ... .91 –0.12 ...
24.01 16.28 CapitalSouthwest CSWC 11.1 14 18.22 –0.04 .05
0.47 0.04 BerkshireGreyWt BGRYW ... ... .32 –0.01 ... 9.80 6.37 ComputerTask CTG ... 16 6.80 +0.05 ... 28.75 2.54 DragonflyEnergy DFLI ... dd 4.97 +0.68 ... 9.54 4.31 Fanhua FANH ... 34 8.77 +0.09 ...
10.85 9.90 CapitalworksEMA CMCA ... 26 10.46 +0.01 ...
12.43 6.78 Berry(bry) BRY 3.1 3 7.71 –0.61 .44 2.40 0.92 comScore SCOR ... dd 1.04 –0.04 ... 35.45 24.62 DrivenBrands DRVN ... cc 30.95 +1.04 ... 7.85 0.20 FaradayFuture FFIE ... dd .22 –0.05 ...
10.43 6.46 CapitolFedFin CFFN 5.2 11 6.59 –0.04 .085
47.44 11.03 BeyondMeat BYND ... dd 14.09 –0.73 ... 16.87 8.42 ComtechTel CMTL 3.6 dd 11.16 +0.12 .10 24.99 18.71 Dropbox DBX ... 14 21.73 –0.32 ... 6.83 3.03 FarmerBros FARM ... dd 3.15 +0.04 ...
22.00 13.24 CapStarFin CSTR 2.9 9 13.63 –0.85 .10
33.49 12.08 BicycleTherap BCYC ... dd 20.00 +1.05 ... 163.43 105.25 Concentrix CNXC 1.0 13 105.45 –4.93 .275 14.25 5.57 DuluthHoldings DLTH ... 86 6.01 –0.38 ... 57.94 43.73 Fastenal FAST 2.6 28 54.81 +1.54 .35
12.98 4.03 CaraTherap CARA ... dd 4.10 –0.13 ...
16.13 7.13 Big5SportingGds BGFV12.4 7 8.04 +0.17 .25 5.78 3.12 Conduent CNDT ... dd 3.40 +0.03 ... 146.40 60.50 Duolingo DUOL ... dd 140.82 +5.92 ... 12.27 9.86 FatProjectsAcqn FATP ... dd 10.90 +0.47 ...
21.41 12.26 CardiovascularSys CSII ... dd 19.98 +0.01 ...
21.80 7.75 BigCommerce BIGC ... dd 8.56 +0.43 ... 37.06 16.48 Confluent CFLT ... dd 24.53 –0.32 ... 17.48 7.26 DynavaxTechs DVAX ... 6 11.02 –0.10 ... 37.13 4.02 FateTherap FATE ... dd 6.22 +0.21 ...
41.38 2.57 Cardlytics CDLX ... dd 6.50 +0.11 ...
30.35 8.23 Bilibili BILI ... dd 20.38 –0.52 ... 2.49 1.28 Conifer CNFR ... dd 1.65 +0.07 ... 15.63 4.30 DyneTherap DYN ... dd 11.35 +2.25 ... 10.91 9.91 FeutuneLightA FLFV ... cc 10.41 –0.01 ...
5.35 2.50 Carecloud CCLD ... dd 3.40 –0.23 ...
102.84 68.00 Bio-Techne TECH .4 52 83.47 –1.77 .08 2.93 0.56 ConnectBiopharma CNTB ... dd 1.07 +0.02 ... 0.53 0.05 FeutuneLightRt FLFVR ... ... .15 +0.04 ...
34.30 8.10 CareDx CDNA ... dd 8.69 –0.19 ... E 25.69 7.81 FibroGen FGEN ... dd 20.40 +0.77 ...
12.15 2.01 BioAtla BCAB ... dd 3.47 –0.13 ... 8.47 2.14 CareMax CMAX ... dd 2.18 –0.52 ... 31.03 16.02 ConnectOneBncp CNOB 3.8 5 16.22 –0.12 .155
15.49 9.27 BioceresCrop BIOX ... dd 10.56 –0.55 ... 16.72 4.67 Conn's CONN ... dd 4.76 –0.50 ... 11.32 3.02 ECARX ECX ... 20 5.00 –0.35 ... 52.90 34.20 FidelityD&D FDBC 3.3 9 44.25 –0.33 .36
37.09 9.14 CarGurus CARG ... 11 16.99 –0.18 ... 12.65 6.00 EDAP TMS EDAP ... dd 10.75 +0.09 ... 9.19 5.89 FiestaRestaurant FRGI ... dd 8.05 –0.38 ...
15.43 7.20 BioCryst BCRX ... dd 7.52 –0.55 ... 13.19 4.12 CaribouBio CRBU ... dd 4.47 –0.11 ... 65.68 29.62 ConsensusCloud CCSI ... 11 39.15 +0.09 ...
3.00 0.96 Biodesix BDSX ... dd 1.66 –0.14 ... 10.50 9.74 Consilium I A CSLM ... cc 10.37 +0.03 ... 0.21 0.06 EFHuttonAcqnIRt EFHTR ... ... .14 +0.01 ... 40.07 22.11 FifthThirdBncp FITB 4.8 8 27.48 +1.04 .33
19.30 2.75 CarismaTherap CARM ... dd 4.09 +0.53 ... 11.37 9.98 EFHuttonAcqnI EFHT ... cc 10.27 +0.02 ... 30.23 17.55 FinInstitutions FISI 6.7 5 17.94 +0.09 .30
311.88 187.16 Biogen BIIB ... 14 293.99 +5.86 ... 41.74 24.59 Carlyle CG 4.3 9 30.23 –0.22 .325 0.30 0.02 Consilium I Rt CSLMR ... ... .10 +0.02 ...
117.77 70.73 BioMarinPharm BMRN ... cc 97.51 –1.50 ... 8.49 2.10 ConsldComm CNSL ... dd 3.70 –0.03 ... 11.11 9.98 EsgenAcqnA ESAC ... 26 10.65 +0.14 ... 0.20 0.05 FinStrategiesRt FXCOR ... ... .11 –0.01 ...
15.89 11.23 CarlyleSecured CGBD10.8 9 13.65 –0.12 .07 21.80 15.10 ESSA Bancorp ESSA 3.8 8 15.75 –0.09 .15 3.65 0.30 FinchTherap FNCH ... dd .48 +0.08 ...
36.68 2.84 BiomeaFusion BMEA ... dd 30.43 +6.45 ... 9.24 3.92 CarParts.com PRTS ... dd 4.98 –0.07 ... 20.58 10.42 ConsldWater CWCO 1.9 46 17.53 +0.19 .085
10.90 1.80 Bionomics BNOX ... dd 2.35 +0.06 ... 97.89 52.64 ConstellationEner CEG 1.5 dd 76.55 +0.12 .282 21.96 13.37 EagleBncpMT EBMT 4.0 9 13.64 –0.11.1375 10.85 9.91 FinnovateAcqnA FNVT ... cc 10.45 +0.02 ...
3.65 1.28 CarrolsRestr TAST ... dd 3.65 +0.86 ... 49.58 23.87 EaglePharm EGRX ... 10 27.62 –2.09 ... 11.00 9.96 FintechEcoA FEXD ... 40 10.51 +0.02 ...
188.99 117.08 BioNTech BNTX .0 3 118.28 –11.381.5342 18.84 12.58 CarterBkshrs CARE ... 7 13.51 +0.30 ... 32.98 18.89 ConstructionPtrs ROAD ... 75 25.67 +0.73 ...
10.47 9.89 BioPlusAcqnA BIOS ... cc 10.45 +0.01 ... 15.47 4.64 ConsumerPtfo CPSS ... 3 8.89 –0.71 ... 99.00 3.92 Eargo EAR ... dd 5.26 –0.49 ... 0.30 0.07 FintechEcoRt FEXDR ... ... .10 ... ...
11.20 9.90 CartesianGrwIIA RENE ... 64 10.52 +0.03 ... 82.03 33.86 EastWestBncp EWBC 3.5 6 54.81 +2.32 .48 17.96 8.07 FinWiseBancorp FINW ... 5 8.97 +0.12 ...
28.75 1.95 BioraTherap BIOR ... dd 2.57 –0.03 ... 10.57 9.97 CarticaAcqnA CITE ... 24 10.56 +0.01 ... 63.60 6.86 ContextLogic WISH ... dd 8.52 +0.95 ...
10.53 2.00 Biote BTMD ... dd 6.09 –0.04 ... 78.58 51.11 Copart CPRT ... 35 78.39 +1.27 ... 21.54 11.24 EasternBankshares EBC 3.4 10 11.69 +0.08 .10 19.33 10.07 FirstAdvantage FA ... 31 13.40 +0.50 ...
5.32 1.03 CasaSystems CASA ... dd 1.18 +0.04 ... 24.35 15.30 Eastern EML 2.5 9 17.88 –1.07 .11 49.00 32.53 FirstBancorpNC FBNC 2.7 8 32.85 –0.46 .22
13.18 0.80 Bioventus BVS ... dd .98 –0.08 ... 14.00 9.76 CascadiaAcqnA CCAI ... 29 10.56 ... ... 8.03 2.65 CorMedix CRMD ... dd 4.98 –0.29 ...
3.21 0.38 Bitfarms BITF ... dd 1.04 –0.21 ... 18.76 10.96 CorsairGaming CRSR ... dd 17.61 +0.01 ... 31.20 2.52 EbangIntl EBON ... 5 5.88 –0.28 ... 32.05 23.92 FirstBancorp FNLC 5.4 7 25.10 +0.72 .34
89.16 63.90 CasellaWaste CWST ... 87 88.99 +4.51 ... 54.83 35.92 eBay EBAY 2.3 dd 43.11 –0.42 .25 35.90 23.46 FirstBancshares FBMS 3.5 8 24.20 +0.42 .21
4.08 1.18 BlackDiamond BDTX ... dd 1.58 +0.09 ... 249.90 181.40 CaseysGenStores CASY .7 19 224.59 –1.86 .38 204.42 129.19 Corvel CRVL ... 53 204.20 +6.00 ...
69.77 43.54 Blackbaud BLKB ... dd 66.80 –1.22 ... 1.45 0.61 CorvusPharm CRVS ... dd 1.06 +0.02 ... 33.42 11.75 Ebix EBIX 1.7 8 17.44 –0.44 .075 16.76 9.60 FirstBank FRBA 2.5 5 9.67 –0.11 .06
51.48 31.85 CassInfoSys CASS 3.1 15 37.13 –5.62 .29 25.03 15.26 EchoStar SATS ... 8 17.24 –0.24 ... 27.98 18.68 FirstBusey BUSE 5.1 8 18.92 –0.23 .24
79.23 48.73 BlackLine BL ... dd 61.78 –0.97 ... 36.10 15.58 CastleBiosci CSTL ... dd 24.33 +1.75 ... 85.37 53.51 CoStar CSGP ... 76 70.00 +0.78 ...
4.24 3.26 BlackRockCapInvt BKCC11.9 72 3.37 –0.15 .10 591.90 406.51 Costco COST .7 37 506.35 +15.05 1.02 14.33 5.41 EdgewiseTherap EWTX ... dd 7.62 +1.81 ... 39.88 28.00 FirstBusFinSvcs FBIZ 3.1 6 29.05 +0.44.2275
47.30 32.15 CathayGenBncp CATY 4.1 6 33.21 +0.39 .34 5.08 0.61 Edgio EGIO ... dd .61 –0.08 ... 1091.99 505.84 FirstCitizBcshA FCNCA .3 15 1035.67 +58.69 .75
14.33 9.60 BlkRkTCPCap TCPC12.8 dd 10.01 –0.13 .32 318.00 179.47 CavcoIndustries CVCO ... 11 308.13 +19.99 ... 19.97 10.19 Couchbase BASE ... dd 16.68 +1.17 ...
11.05 9.72 bleuacaciaA BLEU ... cc 10.24 +0.01 ... 40.37 18.14 CovenantLogist CVLG .9 5 36.01 +0.88 .11 19.97 6.33 EditasMedicine EDIT ... dd 8.18 +0.59 ... 39.39 23.23 FirstCommBkshs FCBC 4.9 8 23.81 +0.25 .29
16.73 4.09 CECO Env CECO ... 25 12.62 –0.76 ... 7.14 1.91 EducDev EDUC ... dd 2.17 +0.07 ... 26.72 18.75 FirstFinBncpOH FFBC 4.4 8 20.69 +0.20 .23
0.15 0.01 bleuacaciaRt BLEUR ... ... .06 +0.01 ... 6.23 3.80 CellebriteDI CLBT ... 9 5.78 +0.04 ... 126.32 81.87 CrackerBarrel CBRL 4.9 22 106.67 –6.81 1.30
12.80 9.90 BlockchainCoinIA BCSA ... 46 10.36 +0.06 ... 7.68 3.89 CreativeMedia CMCT 7.3 dd 4.63 +0.40 .085 17.84 3.32 EHang EH ... dd 10.98 +0.39 ... 47.26 27.55 FirstFinBkshs FFIN 2.4 18 28.63 –0.52 .17
4.16 1.77 Cellectis CLLS ... dd 1.90 –0.14 ... 12.55 2.67 eHealth EHTH ... dd 8.56 +0.11 ... 49.90 33.83 FirstFinIN THFF 3.2 6 34.00 –1.04 .20
10.81 9.85 BlockchainMoonA BMAQ ... dd 10.63 +0.03 ... 3.07 0.46 CelyadOncology CYAD ... dd .64 –0.19 ... 648.95 358.00 CreditAcceptance CACC ... 13 490.57 +12.12 ...
0.21 ... BlockchainMoonRt BMAQR ... ... .03 –0.03 ... 19.46 7.84 CredoTech CRDO ... dd 8.58 –0.31 ... 9.89 0.75 EigerBioPharma EIGR ... dd 1.05 –0.04 ... 17.45 11.48 FirstFinNW FFNW 4.3 8 12.04 +0.27 .13
9.41 2.89 CentessaPharm CNTA ... dd 4.97 +0.95 ... 10.52 2.87 8x8 EGHT ... dd 3.16 –0.65 ... 24.57 6.10 FirstFoundation FFWM 6.6 3 6.71 +0.25 .11
28.46 15.89 BloominBrands BLMN 4.0 25 24.24 –0.39 .24 4.20 0.61 Centogene CNTG ... dd .73 +0.02 ... 18.20 12.55 CrescentCapBDC CCAP11.4 29 14.35 +0.10 .41
23.13 7.14 BlueBird BLBD ... dd 17.72 –0.63 ... 10.49 9.90 CresceraCapA CREC ... cc 10.47 +0.02 ... 18.03 2.00 89bio ETNB ... dd 16.69 +1.17 ... 29.65 13.33 FirstGuarBcshs FGBI 4.5 6 14.25 +0.12 .16
46.78 35.61 CentralGarden CENT ... 15 37.08 –2.65 ... 13.00 8.15 ElPolloLoco LOCO .0 16 9.21 +0.08 1.50 28.28 19.59 FirstHawaiian FHB 5.3 10 19.75 –0.56 .26
13.20 8.14 BlueFoundryBncp BLFY ... cc 9.44 –0.10 ... 43.43 33.69 CentralGardenA CENTA ... 14 35.38 –2.40 ... 9.15 4.18 Cresud CRESY ... 2 6.30 –0.71 ...
10.94 9.88 BlueOceanA BOCN ... 20 10.48 +0.02 ... 13.51 5.88 Cricut CRCT .0 35 9.71 –0.11 .35 244.80 162.01 ElbitSystems ESLT 1.2 28 173.01 –5.29 .50 42.29 15.01 FirstInternetBncp INBK 1.5 4 16.11 +0.72 .06
22.13 5.27 CenturyAluminum CENX ... dd 8.76 –0.69 ... 142.79 108.53 ElectronicArts EA .6 35 129.11 +1.24 .19 46.34 27.53 FirstInterBanc FIBK 6.7 15 27.87 –0.88 .47
10.85 9.87 BlueWorldA BWAQ ... cc 10.52 +0.05 ... 14.00 2.81 CenturyTherap IPSC ... dd 3.04 –0.07 ... 22.85 15.23 CrineticsPharm CRNX ... dd 17.85 +1.92 ...
0.25 0.06 BlueWorldRt BWAQR ... ... .08 ... ... 36.76 20.56 Criteo CRTO ... cc 30.46 –1.24 ... 4.61 0.72 ElevationOnc ELEV ... dd 1.83 –0.12 ... 45.04 29.64 FirstMerchants FRME 4.2 8 30.24 +0.27 .32
2.87 1.53 Ceragon CRNT ... dd 1.82 +0.14 ... 6.87 2.21 EliemTherap ELYM ... dd 3.17 +0.02 ... 39.60 24.91 FirstMidBcshs FMBH 3.6 7 25.32 –0.33 .23
8.58 2.78 bluebirdbio BLUE ... dd 3.43 +0.31 ... 32.86 12.82 Cerence CRNC ... dd 25.97 –0.99 ... 10.79 9.83 CrixusBH3 A BHAC ... 37 10.29 +0.02 ...
79.40 37.82 BlueprintMed BPMC ... dd 49.05 +2.19 ... 148.18 46.08 Crocs CROX ... 17 147.18 +12.88 ... 117.60 2.02 EmbarkTech EMBK ... dd 2.64 –0.37 ... 22.05 10.77 FirstNWBncp FNWB 2.3 7 12.33 +0.27 .07
24.96 10.60 Certara CERT ... cc 24.41 +0.32 ... 36.64 22.30 Embecta EMBC 2.0 11 29.46 +1.27 .15 221.88 59.60 FirstSolar FSLR ... dd 216.89 +8.49 ...
2.72 1.18 BoltBiotherap BOLT ... dd 1.53 +0.07 ... 5.95 2.36 Cerus CERS ... dd 2.50 –0.31 ... 3.62 1.80 Cronos CRON ... dd 1.81 –0.05 ...
2721.85 1616.85 BookingHldgs BKNG ... 35 2687.33 +37.47 ... 40.12 15.26 CrossCtyHlthcr CCRN ... 5 23.67 +0.35 ... 10.91 9.96 EmbraceChange EMCG ... cc 10.48 +0.01 ... 59.94 42.04 1stSource SRCE 2.9 9 43.61 +0.25 .32
10.47 9.90 ChainBridgeIA CBRG ... 28 10.47 +0.02 ... 0.45 0.08 EmbraceChangeRt EMCGR ... ... .14 +0.03 ... 23.40 16.18 FirstUnited FUNC 4.8 4 16.60 –0.18 .20
30.95 10.76 BowmanConsult BWMN ... 80 29.40 +0.47 ... 33.65 16.64 ChampionX CHX 1.3 36 26.71 –1.45 .085 14.79 9.79 CrossFirstBkshs CFB ... 8 10.14 +0.24 ...
7.08 2.30 BraggGaming BRAG ... dd 3.44 –0.13 ... 216.50 92.25 CrowdStrike CRWD ... dd 132.25 –3.52 ... 3.69 0.86 Emcore EMKR ... dd 1.07 +0.01 ... 18.95 11.80 FirstWatchRest FWRG ... cc 15.14 +0.05 ...
7.62 1.02 ChargeEnt CRGE ... dd 1.07 +0.03 ... 28.37 20.26 Enact ACT 2.3 6 24.30 –0.30 .14 33.25 17.41 FirstWesternFin MYFW ... 8 17.51 –0.38 ...
8.14 1.50 Brainsway BWAY ... dd 1.58 –0.09 ... 518.57 297.66 CharterComms CHTR ... 11 332.71 –8.79 ... 7.25 1.02 CueHealth HLTH ... dd 1.05 –0.58 ...
50.97 22.54 Braze BRZE ... dd 33.01 +0.04 ... 15.89 7.30 CullinanOncology CGEM ... 5 10.79 +0.77 ... 76.36 36.20 EnantaPharma ENTA ... dd 36.79 +0.26 ... 100.00 63.43 FirstCash FCFS 1.4 18 96.87 +0.81 .33
140.53 107.54 CheckPoint CHKP ... 21 131.83 –0.58 ... 72.73 43.65 EncoreCapital ECPG ... 8 51.75 –1.01 ... 3.30 0.85 FirsthandTechVal SVVC ... dd .93 –0.02 ...
19.95 4.98 BridgeBioPharma BBIO ... dd 15.88 +1.14 ... 41.28 26.05 Cheesecake CAKE 3.3 39 33.22 +0.55 .27 2.91 1.88 CumberlandPharm CPIX ... dd 1.92 ... ...
25.90 3.26 BridgerAerospace BAER ... dd 4.52 –0.03 ... 15.67 3.32 CumulusMedia CMLS ... 5 3.88 +0.25 ... 206.74 94.39 EncoreWire WIRE .0 4 162.73 –5.54 .02 148.70 112.44 FirstService FSV .6 54 146.09 +1.43 .225
42.16 28.70 ChefsWarehouse CHEF ... 52 33.39 +0.89 ... 11.36 9.98 EnergemA ENCP ... cc 10.55 ... ... 119.48 87.03 Fiserv FISV ... 30 116.96 +1.37 ...
15.50 10.71 BridgfordFoods BRID ... 3 12.86 +0.76 ... 53.43 39.81 ChemungFinl CHMG 3.0 7 41.51 +0.51 .31 20.06 5.63 CureVac CVAC ... dd 8.00 +0.21 ...
7.70 3.91 Brightcove BCOV ... dd 3.95 –0.26 ... 1.77 0.47 Curis CRIS ... dd .80 –0.15 ... 26.34 16.92 EnergyRecovery ERII ... 54 22.59 –1.92 ... 220.19 109.49 FiveBelow FIVE ... 43 200.59 –5.41 ...
10.80 9.98 ChengheAcqnA CHEA ... cc 10.54 ... ... 29.70 15.33 EnlightRenewableEn ENLT ... 67 15.76 –1.13 ... 27.71 4.17 5EAdvMatls FEAM ... dd 4.42 –0.99 ...
60.54 38.38 BrighthouseFin BHF ... dd 43.47 +0.86 ... 107.31 69.68 ChesapeakeEner CHK 2.7 3 80.85 –0.13 1.29 68.59 18.47 Cutera CUTR ... dd 22.29 –0.14 ...
9.45 3.45 BrilliantEarthA BRLT ... cc 3.73 –0.03 ... 8.47 3.30 Cvent CVT ... dd 8.43 ... ... 25.34 4.04 EnlivenTherap ELVN ... 88 19.90 +1.87 ... 120.39 46.61 Five9 FIVN ... dd 66.87 –4.64 ...
18.85 12.91 ChicagoAtlRealEst REFI 13.4 8 14.03 +0.24 .47 26.30 6.50 Enovix ENVX ... dd 12.59 –1.09 ... 31.35 18.12 FiveStarBncp FSBC 3.0 8 19.70 –0.37 .15
12.36 9.91 BroadCapital BRACU ... ... 10.25 –0.31 ... 19.94 4.68 CVRx CVRX ... dd 9.55 +0.27 ...
15.89 1.50 ChickenSoupA CSSE ... dd 1.95 –0.05 ... 339.92 128.67 EnphaseEnergy ENPH ... 81 223.61 +14.71 ... 25.12 13.63 Flex FLEX ... 12 20.63 –1.05 ...
10.64 9.88 BroadCapital BRAC ... dd 10.64 +0.02 ... 165.73 100.35 CyberArkSoftware CYBR ... dd 138.87 +5.95 ...
57.00 29.20 Children'sPlace PLCE ... dd 32.70 +1.57 ... 100.30 70.29 EnsignGroup ENSG .2 25 99.02 +0.55.0575 23.81 13.46 Flexsteel FLXS 3.4 13 17.77 –0.41 .15
0.33 0.02 BroadCapitalRt BRACR ... ... .11 –0.01 ... 10.54 1.67 CymaBayTherap CBAY ... dd 10.34 +1.43 ...
5.09 1.18 Chimerix CMRX ... 1 1.21 +0.01 ... 252.48 169.04 Enstar ESGR ... dd 239.45 +4.66 ... 26.78 4.96 FluenceEnergy FLNC ... dd 20.13 –1.22 ...
648.50 415.07 Broadcom AVGO 2.9 22 632.90 +13.364.60 4.22 1.13 CyteirTherap CYT ... dd 2.15 +0.21 ...
9.21 4.62 Chindata CD ... 24 6.43 –0.22 ... 120.56 61.75 Entegris ENTG .5 48 73.04 +0.82 .10 1.81 0.64 Fluent FLNT ... dd .75 –0.06 ...
15.50 10.04 BrooklineBcp BRKL 5.3 7 10.13 –0.14 .135 16.05 7.38 CytekBiosci CTKB ... cc 10.10 –0.08 ...
27.44 12.41 ChinookTherap KDNY ... dd 21.80 +1.44 ... 38.33 28.57 EnterpriseBncp EBTC 3.2 8 29.10 –0.55 .23 23.44 13.35 FlushingFin FFIC 6.6 5 13.43 –0.24 .22
84.74 48.42 Bruker BRKR .2 41 81.41 –2.25 .05 55.80 32.96 Cytokinetics CYTK ... dd 38.34 +3.56 ...
34.89 17.50 ChipMOSTechs IMOS14.3 8 24.28 –0.852.9194 56.35 39.64 EnterpriseFinSvcs EFSC 2.3 8 43.32 +0.20 .25 32.43 14.56 Flywire FLYW ... dd 29.77 +0.82 ...
10.90 9.87 BullpenParlayA BPAC ... 20 10.44 +0.01 ... 3.02 1.17 CytomXTherap CTMX ... dd 1.65 –0.01 ...
181.34 93.35 ChordEnergy CHRD 3.5 2 142.19 –2.62 3.55 10.49 9.91 Ent4.0TechAcqnA ENTF ... 92 10.46 ... ... 52.62 30.27 FocusFinPtrs FOCS ... 37 51.94 –0.01 ...
39.33 16.96 Bumble BMBL ... dd 17.58 +0.56 ... 15.42 0.27 CyxteraTech CYXT ... dd .30 +0.02 ...
264.11 172.75 ChurchillDowns CHDN .3 23 257.71 +1.71 .714 2.62 0.50 EnthusiastGaming EGLX ... dd .51 –0.04 ... 10.49 9.89 FocusImpact FIAC ... 26 10.40 +0.02 ...
4.18 1.05 BurgerFiIntl BFI ... dd 1.10 –0.10 ... D
39.96 18.64 Chuy's CHUY ... 32 35.57 +0.71 ... 24.38 5.12 EntradaTherap TRDA ... dd 14.31 –2.94 ... 11.00 1.56 FocusUniversal FCUV ... dd 1.59 –0.23 ...
6.82 1.70 BurningRockBio BNR ... dd 2.85 –0.04 ...
65.38 18.00 Cimpress CMPR ... dd 45.25 +1.27 ... 3.43 1.08 DBV Tech DBVT ... dd 1.57 –0.19 ... 62.82 40.37 ePlus PLUS ... 11 47.25 –3.42 ... 18.12 4.51 FoghornTherap FHTX ... dd 6.72 –0.44 ...
11.47 9.90 BurTechAcqnA BRKH ... cc 10.20 +0.02 ...
139.88 88.66 CincinnatiFin CINF 2.8 dd 105.78 –0.96 .75 45.99 12.64 DiceTherap DICE ... dd 32.67 +5.83 ... 7.99 4.76 EpsilonEnergy EPSN 5.0 3 5.04 –0.63.0625 10.90 9.91 ForbionEuroA FRBN ... cc 10.50 ... ...
25.03 15.68 BusFirstBcshs BFST 3.0 7 15.93 –0.10 .12
470.23 343.86 Cintas CTAS 1.0 37 459.87 +1.26 1.15 31.63 7.42 DISH Network DISH ... 2 7.58 –0.26 ... 6.05 1.72 EQRx EQRX ... dd 1.85 +0.06 ... 42.24 18.15 FormFactor FORM ... 44 28.05 –1.84 ...
5.62 0.61 BuzzFeed BZFD ... dd .67 –0.28 ...
11.00 9.90 byNordicAcqnA BYNO ... cc 10.43 +0.03 ... 3.35 0.38 CipherMining CIFR ... dd 2.26 –0.65 ... 31.36 13.95 DMC Global BOOM ... 28 20.21 +0.58 ... 3.20 0.52 Equillium EQ ... dd .62 –0.10 ... 110.42 60.29 FormulaSys FORTY 1.6 12 60.67 –0.43 .671
111.15 61.94 CirrusLogic CRUS ... 15 88.00 –1.17 ... 2.03 0.59 D-MarketElec HEPS ... dd .96 –0.13 ... 762.51 494.89 Equinix EQIX 1.9 93 713.00 +24.32 3.41 59.20 30.29 ForresterRes FORR ... 29 32.77 –0.32 ...
C 52.96 38.60 CiscoSystems CSCO 3.3 17 47.03 –3.51 .39 10.52 9.91 DPCapAcqnIA DPCS ... cc 10.46 +0.01 ... 38.04 23.12 EquityBcshs EQBK 1.6 7 23.80 –0.68 .10 69.07 42.61 Fortinet FTNT ... 62 66.78 –1.29 ...
5.23 1.48 Cadiz CDZI ... dd 4.40 –0.51 ... 35.24 15.48 CitiTrends CTRN ... 3 18.77 –0.81 ... 10.65 9.85 DuetAcqnA DUET ... dd 10.41 ... ... 10.74 2.65 Erasca ERAS ... dd 2.80 –0.12 ... 11.57 10.03 FortuneRiseA FRLA ... ... 10.77 +0.08 ...
63.77 43.10 C&F Fin CFFI 3.3 6 53.62 –1.31 .44 14.55 10.31 CtznCmntyBcp CZWI 2.8 6 10.48 –0.22 .29 34.74 22.09 DXP Ents DXPE ... 10 25.32 –0.84 ... 286.50 158.46 ErieIndemnity A ERIE 2.1 40 228.29 –2.73 1.19 117.57 84.04 ForwardAir FWRD .9 15 110.28 –0.05 .24
24.98 20.49 CB FinSvcs CBFV 4.6 10 21.57 –1.16 .25 19.73 11.85 CitizensHolding CIZN 7.5 7 12.76 +0.52 .24 15.59 2.98 DadaNexus DADA ... dd 6.37 –0.47 ... 15.50 9.25 Escalade ESCA 4.1 11 14.68 –0.77 .15 10.74 2.96 Fossil FOSL ... dd 3.57 +0.39 ...
10.19 7.41 CCC Intelligent CCCS ... cc 9.05 +0.22 ... 103.00 76.50 CityHolding CHCO 2.9 13 89.67 –0.31 .65 5.87 1.46 Daktronics DAKT ... dd 5.45 –0.21 ... 8.87 1.21 EsperionTherap ESPR ... dd 1.28 +0.03 ... 15.96 9.00 FosterLB FSTR ... dd 10.79 –0.87 ...
215.00 147.91 CDW CDW 1.4 20 163.13 –23.83 .59 29.32 6.86 Clarus CLAR 1.0 dd 9.79 +0.25 .025 8.49 3.73 DallasNews DALN14.5 dd 4.40 +0.08 .16 4.25 1.95 EtonPharm ETON ... dd 3.57 +0.05 ... 26.49 5.32 4D Molecular FDMT ... dd 21.81 +5.64 ...
39.20 23.71 CEVA CEVA ... dd 27.00 –1.27 ... 11.36 9.79 CleanEarthA CLIN ... cc 10.31 –0.01 ... 130.70 61.34 Datadog DDOG ... dd 67.28 –0.04 ... 149.91 67.01 Etsy ETSY ... dd 102.05 –0.48 ... 38.96 28.02 FoxA FOXA 1.5 12 33.62 +0.21 .25
10.80 9.86 CFAcqnVII A CFFS ... ... 10.34 –0.01 ... 0.49 0.08 CleanEarthRt CLINR ... ... .19 +0.04 ... 49.04 29.60 Dave&Buster's PLAY ... 12 33.99 –1.19 ... 140.63 71.60 EuronetWorldwide EEFT ... 20 111.09 –0.81 ... 35.91 26.35 FoxB FOX 1.6 11 30.82 +0.07 .25
13.24 2.94 C4 Therap CCCC ... dd 3.29 –0.06 ... 8.58 3.84 CleanEnerFuels CLNE ... dd 4.20 –0.27 ... 157.12 5.30 Dave DAVE ... dd 5.61 –0.48 ... 31.25 12.02 EuropeanWax EWCZ .0 cc 18.95 +0.26 3.30 127.54 69.28 FoxFactory FOXF ... 23 112.66 +0.26 ...
121.23 86.60 CH Robinson CHRW 2.5 13 97.39 +1.82 .61 134.90 41.34 Clearfield CLFD ... 11 43.38 –1.84 ... 2.28 1.08 DawsonGeophys DWSN ... dd 1.90 –0.04 ... 3.29 0.15 EveloBiosci EVLO ... dd .15 –0.02 ... 44.25 22.45 Franchise FRG 9.0 dd 27.77 +0.66 .625
10.98 8.60 CIIGCapPtrsII CIIG ... dd 9.53 +0.18 ... 1.88 0.90 ClearsideBiomed CLSD ... dd 1.06 –0.04 ... 28.35 5.44 DayOneBiopharm DAWN ... dd 13.70 +1.36 ... 48.20 24.10 Everbridge EVBG ... dd 28.21 –3.65 ... 100.00 68.27 FranklinElec FELE 1.0 22 89.11 +0.28 .225
2.40 1.03 CLPS CLPS .0 dd 1.13 +0.02 .05 10.61 9.43 ClimateRockA CLRC ... dd 10.40 ... ... 5.78 1.61 DecibelTherap DBTX ... dd 2.69 +0.28 ... 13.65 5.87 EverCommerce EVCM ... dd 13.01 +1.61 ... 5.94 2.90 FreightCarAmer RAIL ... dd 3.08 +0.04 ...
229.30 166.55 CME Group CME 2.3 26 189.73 –0.75 1.10 0.15 0.06 ClimateRockRt CLRCR ... ... .10 ... ... 22.76 9.01 DecipheraPharm DCPH ... dd 14.72 +0.18 ... 12.55 9.98 Evergreen EVGRU ... ... 10.50 –0.01 ... 8.35 4.92 FrequencyElec FEIM .0 dd 6.91 +0.22 1.00
28.50 17.61 CNB FinPA CCNE 3.9 6 18.10 –0.08 .175 55.70 24.65 ClimbGlbl CLMB 1.3 18 50.40 –2.40 .17 30.11 9.42 DefinitiveHlthcr DH ... dd 11.86 +1.04 ... 11.47 9.93 EvergreenA EVGR ... 79 10.50 –0.05 ... 5.59 0.40 FrequencyTherap FREQ ... dd .41 –0.05 ...
21.50 6.54 CompassPath CMPS ... dd 8.96 –0.98 ... 3.55 0.78 CloverHealth CLOV ... dd .78 –0.05 ... 11.42 9.82 DenaliCapAcqnA DECA ... dd 10.53 –0.01 ... 72.11 54.12 Evergy EVRG 3.9 19 63.02 +1.66.6125 112.27 36.02 Freshpet FRPT ... dd 65.01 –0.19 ...
45.95 10.44 CPI Card PMTS ... 14 41.96 –0.53 ... 54.53 29.91 CoastalFinl CCB ... 11 34.44 +1.14 ... 39.43 20.24 DenaliTherap DNLI ... dd 25.12 +0.41 ... 18.86 5.23 EverQuote EVER ... dd 8.05 –0.61 ... 19.89 10.51 FreshworksA FRSH ... dd 15.10 +1.11 ...
128.10 78.35 CRA Intl CRAI 1.4 18 105.57 –0.67 .36 656.11 405.03 CocaColaCon COKE .4 12 551.30 +15.48 .50 42.08 26.48 DentsplySirona XRAY 1.4 dd 41.09 –0.06 .14 9.41 4.71 EverspinTech MRAM ... 21 6.31 –0.15 ... 33.88 19.06 Frontdoor FTDR ... 31 27.19 +0.01 ...
86.95 38.94 CRISPR Therap CRSP ... dd 52.01 +1.70 ... 62.44 41.80 Coca-ColaEuro CCEP 2.8 18 61.78 +1.90 1.11 82.02 56.19 DescartesSystems DSGX ... 67 79.73 –1.93 ... 12.65 3.64 EVgo EVGO ... dd 6.21 +0.05 ... 30.83 20.30 FrontierComms FYBR ... 12 20.92 –0.64 ...
66.58 49.02 CSG Systems CSGS 2.1 37 52.37 –1.63 .28 14.62 3.79 Codexis CDXS ... dd 4.30 +0.20 ... 26.30 4.90 DesignTherap DSGN ... dd 6.09 +0.90 ... 1.30 0.57 Evogene EVGN ... dd .60 +0.02 ... 15.25 8.19 Frontier ULCC ... dd 9.50 +0.25 ...
14.98 6.68 CSP CSPI .8 20 14.23 –0.48 .03 25.95 18.66 CodorusValleyBncp CVLY 3.1 10 20.60 +0.09 .16 7.57 3.27 DestinationXL DXLG ... 3 4.65 –0.26 ... 14.34 6.51 Evolus EOLS ... dd 9.15 +0.76 ... 5.50 2.02 FuelCell FCEL ... dd 2.04 –0.18 ...
148.91 96.03 CSW Industrials CSWI .5 25 138.21 –1.98 .19 21.42 1.03 CoeptisTherap COEP ... dd 1.31 ... ... 3.62 2.56 Deswell DSWL 7.5 12 2.67 ... .10 15.04 7.80 Evotec EVO ... dd 9.78 –0.75 ... 15.00 2.25 FulcrumTherap FULC ... dd 2.73 +0.32 ...
April 24, 2023 BARRON’S 51

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
65.17 28.53 FulgentGenetics FLGT ... 7 30.05 –0.78 ... 57.00 34.42 HancockWhitney HWC 3.3 6 36.78 +0.33 .30 24.97 16.45 IndepBankMI IBCP 5.4 6 17.19 +0.21 .23 0.64 ... KeyarchAcqnRt KYCHR ... ... .10 ... ... 13.82 9.01 LutherBurbank LBC 5.2 6 9.24 +0.09 .12
18.91 12.29 FultonFin FULT 4.8 7 12.49 –0.74 .15 27.35 17.61 HanmiFinancial HAFC 5.5 5 18.12 +0.33 .25 76.00 40.66 IndependentBank IBTX 3.7 9 40.91 –1.58 .38 14.22 2.25 KezarLifeSci KZR ... dd 2.49 +0.11 ... 8.74 1.83 LyellImmuno LYEL ... dd 2.31 –0.05 ...
27.79 7.14 Funko FNKO ... dd 9.15 –0.60 ... 24.68 17.50 HanoverBancorp HNVR 2.2 6 18.21 –0.69 .10 20.33 1.84 IndLogistics ILPT 2.1 dd 1.92 –0.31 .01 78.15 49.35 Kforce KFRC 2.2 18 64.10 –1.49 .36 34.57 8.19 Lyft LYFT ... dd 10.44 +0.27 ...
9.20 2.13 FusionFuelGreen HTOO ... ... 2.95 +0.15 ... 15.57 11.33 HarborOneBncp HONE 2.6 12 11.34 –0.25 .075 8.12 4.26 Infinera INFN ... dd 6.28 –0.67 ... 28.18 16.66 KimballElec KE ... 12 21.06 –1.68 ... 6.99 1.86 LyraTherap LYRA ... dd 2.03 –0.36 ...
6.21 1.98 FusionPharm FUSN ... dd 3.77 –0.29 ... 15.99 8.25 Harmonic HLIT ... 56 14.16 –1.64 ... 1.76 0.12 InfinityPharm INFI ... dd .17 +0.01 ... 12.63 6.11 KimballIntl B KBAL 2.9 dd 12.33 +0.11 .09 M
72.20 26.84 Futu FUTU ... 18 46.26 –1.55 ... 62.09 29.81 HarmonyBio HRMY ... 11 32.40 +0.89 ... 7.25 0.78 InflaRx IFRX ... dd 4.48 +0.15 ... 10.13 1.77 KingsoftCloud KC ... dd 6.68 –1.00 ...
10.90 9.97 FutureTechIIA FTII ... cc 10.50 –0.02 ... 3.35 0.59 HarpoonTherap HARP ... dd .61 –0.09 ... 7.76 4.15 InfoSvcsGrp III 3.2 13 5.03 –0.06 .04 17.20 7.36 KiniksaPharm KNSA ... 5 11.66 +0.31 ... 76.56 42.85 Macom Tech MTSI ... 14 63.19 ... ...
24.65 5.40 HarrowHealth HROW ... dd 24.63 +2.69 ... 102.99 78.32 InglesMarkets IMKTA .7 6 93.57 +3.09 .165 15.86 2.86 KinnateBio KNTE ... dd 2.88 –2.58 ... 10.60 9.82 MeliKaszek MEKA ... 4 10.23 –0.01 ...
G 86.27 61.67 MGE Energy MGEE 2.1 25 77.43 +1.33.4075
17.88 7.15 Harte-Hanks HHS ... 2 8.54 –0.17 ... 34.72 7.67 Inhibrx INBX ... dd 21.22 +2.97 ... 7.87 2.55 Kirkland's KIRK ... dd 2.96 +0.20 ...
9.48 6.26 GCM Grosvenor GCMG 5.2 28 8.01 +0.07 .11 6.07 1.98 HarvardBioSci HBIO ... dd 4.89 –0.04 ... 41.84 20.60 InMode INMD ... 20 37.44 +0.76 ... 4.55 0.58 Knightscope KSCP ... ... .63 –0.01 ... 125.74 88.78 MGP Ingredients MGPI .5 20 98.56 +1.38 .12
35.93 8.41 GDS Holdings GDS ... dd 16.09 –0.53 ... 94.22 45.75 Hasbro HAS 5.4 35 51.69 –0.71 .70 3.97 1.90 InnatePharma IPHA ... dd 2.99 –0.33 ... 12.80 4.50 KodiakSciences KOD ... dd 5.15 +0.15 ... 126.49 64.77 MKS Instrum MKSI 1.0 15 85.03 +2.49 .22
86.88 53.00 GE HealthCare GEHC ... ... 86.48 +4.11 ... 55.75 21.50 HashiCorp HCP ... dd 28.74 +2.02 ... 9.00 2.78 Innodata INOD ... dd 8.58 +0.66 ... 73.68 17.04 KornitDigital KRNT ... dd 17.11 –0.96 ... 11.70 0.63 MSP Recovery LIFW ... dd .73 –0.15 ...
17.53 5.70 GH Research GHRS ... dd 7.95 –0.11 ... 20.66 7.44 HawaiianHoldings HA ... dd 8.44 +0.23 ... 116.00 83.13 Innospec IOSP 1.2 20 104.27 –1.95 .65 44.87 32.73 KraftHeinz KHC 4.1 20 39.22 +0.12 .40 130.35 74.77 MYR Group MYRG ... 25 123.50 +0.20 ...
29.32 11.60 G-IIIApparel GIII ... dd 16.20 –0.03 ... 47.29 33.31 Hawkins HWKN 1.4 15 42.67 –0.53 .15 8.15 3.39 InnovAge INNV ... dd 6.14 –1.00 ... 17.11 8.90 KratosDefense KTOS ... dd 12.76 –0.10 ... 11.84 6.96 Macatawa MCBC 3.2 10 9.89 +0.09 .08
17.49 2.42 G1Therapeutics GTHX ... dd 2.70 +0.05 ... 26.60 21.06 HawthornBcsh HWBK 2.9 8 23.06 –0.19 .17 11.78 9.98 InnovativeIntlA IOAC ... dd 10.66 +0.07 ... 16.06 10.21 KrispyKreme DNUT .9 dd 15.30 +0.42 .035 8.30 2.13 Macrogenics MGNX ... dd 6.95 +0.46 ...
66.83 36.08 GRAVITY GRVY ... 6 56.00 –1.42 ... 60.85 29.00 HaynesIntl HAYN 1.8 13 48.55 +0.16 .22 9.90 5.77 InnovSolSuprt ISSC ... 23 6.80 –0.39 ... 5.74 1.20 KronosBio KRON ... dd 1.34 +0.04 ... 315.45 57.15 MadrigalPharm MDGL ... dd 303.49 +63.70 ...
4.28 1.45 GSI Tech GSIT ... dd 1.55 –0.25 ... 21.43 6.40 HealthCatalyst HCAT ... dd 13.12 +0.23 ... 18.29 10.64 Innoviva INVA ... 6 11.98 –0.04 ... 90.53 47.67 KrystalBiotech KRYS ... dd 86.85 +0.47 ... 2.24 0.32 MagentaTherap MGTA ... dd .77 –0.01 ...
11.15 9.78 GSRIIMeteoraA GSRM ... dd 10.34 –0.01 ... 11.00 9.88 HealthcareAI A HAIA ... 22 10.47 ... ... 32.01 11.60 Inogen INGN ... dd 13.40 +0.61 ... 58.81 35.95 Kulicke&Soffa KLIC 1.6 9 47.50 –1.47 .19 20.24 12.43 MagicSoftware MGIC 4.7 16 12.85 –0.50 .30
3.00 0.50 GSRIIMeteoraRt GSRMR ... ... 1.20 +0.41 ... 20.01 11.55 HealthcareSvcs HCSG .0 30 14.16 –0.62 .215 3.09 0.69 InovioPharm INO ... dd .86 +0.01 ... 19.93 10.10 KuraOncology KURA ... dd 11.00 –0.44 ... 14.21 5.59 Magnite MGNI ... dd 9.42 +0.13 ...
5.70 2.05 Gaia GAIA ... dd 3.16 +0.04 ... 79.20 52.27 HealthEquity HQY ... dd 57.27 +0.19 ... 6.50 0.99 InozymePharma INZY ... dd 6.16 +0.60 ... 96.60 30.95 KuraSushiUSA KRUS ... dd 67.36 +2.53 ... 13.45 10.00 MagyarBancorp MGYR 1.2 8 10.20 –0.23 .03
6.19 2.33 GainTherap GANX ... dd 5.43 +0.64 ... 27.69 18.81 HealthStream HSTM .4 69 27.22 –0.21 .025 3.22 0.47 Inseego INSG ... dd .66 +0.01 ... 39.85 13.15 KymeraTherap KYMR ... dd 34.84 +1.98 ... 34.68 21.36 MakeMyTrip MMYT ... dd 23.15 –0.88 ...
64.43 36.17 Galapagos GLPG ... dd 38.82 +0.45 ... 18.17 13.15 HeartlandExp HTLD .5 9 15.60 +0.01 .02 144.84 81.11 InsightEnt NSIT ... 16 120.61 –17.24 ... 70.87 46.30 MalibuBoats MBUU ... 7 57.04 +1.34 ...
2.95 1.04 Galecto GLTO ... dd 2.06 +0.16 ... L 18.45 14.11 MalvernBancorp MLVF ... 16 14.83 –0.17 ...
51.61 34.73 HeartlandFinUSA HTLF 3.3 8 36.09 +0.74 .30 28.94 16.04 Insmed INSM ... dd 18.22 +1.47 ...
2.90 1.12 GaleraTherap GRTX ... dd 2.79 +0.02 ... 41.29 22.79 Heidrick&Strug HSII 2.2 7 27.86 –1.26 .15 6.70 0.79 Inspirato ISPO ... dd .81 –0.07 ... 10.71 9.90 LamfGlbI A LGVC ... cc 10.47 +0.02 ... 8.79 1.62 MammothEnergy TUSK ... dd 4.15 –0.51 ...
10.50 6.62 Gambling.com GAMB ... cc 9.90 +0.08 ... 221.71 82.94 HelenofTroy HELE ... 14 87.40 –1.46 ... 8.74 0.47 InstilBio TIL ... dd .65 ... ... 10.85 9.94 LavaMedtech LVAC ... 33 10.42 ... ... 160.00 106.02 ManhattanAssoc MANH ... 78 158.78 +2.41 ...
3.66 0.56 GamidaCell GMDA ... dd 1.60 +0.79 ... 11.54 4.10 HelloGroup MOMO .0 8 8.38 –0.34 .70 328.87 181.00 Insulet PODD ... cc 319.30 +0.48 ... 7.38 1.37 LavaTherap LVTX ... dd 1.63 –0.15 ... 35.47 14.00 Mannatech MTEX 5.7 dd 14.00 –1.50 .20
55.13 41.97 Gaming&Leisure GLPI 5.6 19 51.85 +1.00 .25 11.00 7.45 HennessyAdvsrs HNNA 7.3 11 7.56 –0.24.1375 47.04 13.52 Intapp INTA ... dd 45.20 +0.79 ... 10.59 9.94 LFCapAcqnIIA LFAC ... cc 10.55 +0.02 ... 5.73 2.61 MannKind MNKD ... dd 4.07 +0.04 ...
10.60 9.90 GardinerHlthcr GDNR ... dd 10.51 +0.03 ... 10.57 9.60 HennessyCapVI HCVI ... 30 10.10 –0.17 ... 64.81 40.67 IntegraLifeSci IART ... 27 58.22 –0.76 ... 126.37 71.73 LGI Homes LGIH ... 8 114.00 +4.68 ... 35.82 12.16 MaravaiLifeSci MRVI ... 9 14.46 +0.35 ...
8.65 5.57 GarrettMotion GTX ... 11 8.18 +0.28 ... 90.11 64.75 HenrySchein HSIC ... 22 84.65 +2.22 ... 11.12 9.79 IntegralAcqn1 INTE ... dd 10.33 +0.01 ... 10.55 9.90 LIVCapAcqnII A LIVB ... ... 10.52 +0.04 ... 10.38 9.85 MarblegateAcqn GATE ... cc 10.08 –0.01 ...
26.83 15.52 GenDigital GEN 2.8 20 17.65 +0.08 .125 14.87 7.79 HeritageCommerce HTBK 6.4 7 8.11 +0.17 .13 15.91 6.63 IntegralAd IAS ... cc 15.19 –0.27 ... 59.33 46.20 LKQ LKQ 1.9 14 56.60 +0.28 .275 2.32 1.23 Marchex MCHX ... dd 1.96 –0.01 ...
2.51 0.22 GeneDx WGS ... dd .30 +0.01 ... 38.85 24.00 HeritageCrystal HCCI ... 10 34.81 –0.32 ... 47.65 24.59 Intel INTC 1.7 16 30.30 –1.59 .125 271.56 165.47 LPL Financial LPLA .6 20 203.88 +0.89 .30 2.43 0.79 MarinSoftware MRIN ... dd .79 –0.07 ...
8.72 3.40 GenerationBio GBIO ... dd 4.54 +0.04 ... 34.34 18.80 HeritageFin HFWA 4.5 8 19.70 +0.55 .22 76.45 32.44 IntelliaTherap NTLA ... dd 37.14 –1.02 ... 16.00 5.41 LSI Inds LYTS 1.6 17 12.83 +0.01 .05 8.58 3.47 MarinusPharm MRNS ... dd 8.10 +0.71 ...
27.37 9.97 GenesisGrowthA GGAA ... dd 10.70 –0.29 ... 24.34 14.49 HertzGlobal HTZ ... 5 15.31 –0.04 ... 3.37 1.33 Intellicheck IDN ... dd 2.25 –0.17 ... 15.04 9.61 LakeShoreBancorp LSBK 7.2 10 9.95 –0.25 .18 399.78 217.44 MarketAxess MKTX .9 49 327.01 –8.99 .72
11.00 9.98 GenesisUnicorn GENQU ... ... 10.70 +0.02 ... 30.36 10.80 Hesai HSAI ... dd 10.96 –0.97 ... 10.52 9.97 IntelligentMedA IQMD ... ... 10.21 –0.13 ... 20.02 13.91 LakelandBcp LBAI 3.9 9 14.78 +0.03 .145 4.59 1.45 MarketWise MKTW ... 2 1.59 –0.02 ...
11.49 9.92 GenesisUnicornA GENQ ... dd 10.63 +0.01 ... 75.38 39.58 Hibbett HIBB 1.7 6 57.51 –3.94 .25 4.63 1.37 Inter INTR ... dd 1.66 –0.22 ... 83.57 55.86 LakelandFin LKFN 3.2 14 56.86 –0.57 .46 12.06 3.46 Marqeta MQ ... dd 4.28 –0.13 ...
2.19 0.73 Genetron GTH ... dd .91 +0.01 ... 38.21 18.94 HighPeakEner HPK .4 12 22.58 –1.18 .025 161.17 64.52 InterParfums IPAR 1.6 42 157.31 +10.28 .625 18.35 11.13 LakelandInd LAKE 1.0 51 12.41 –0.12 .03 186.17 131.01 Marriott MAR .9 24 174.41 +6.31 .40
5.05 3.02 Genfit GNFT ... dd 3.76 –0.24 ... 24.42 7.90 HilleVax HLVX ... dd 13.84 +0.63 ... 90.19 52.18 InteractiveBrkrs IBKR .5 18 81.13 –2.07 .10 11.76 9.89 LakeshoreAcqnII LBBB ... cc 10.45 +0.01 ... 10.64 10.15 MarsAcqn MARX ... ... 10.19 +0.01 ...
47.50 26.19 Genmab GMAB ... 35 40.99 –0.59 ... 12.45 6.60 HillmanSolns HLMN ... dd 8.22 +0.39 ... 21.86 10.81 InterceptPharm ICPT ... 3 19.04 +1.79 ... 0.35 0.05 LakeshoreII Rt LBBBR ... ... .25 ... ... 0.24 0.15 MarsAcqnRt MARXR ... ... .17 ... ...
31.48 23.28 Gentex GNTX 1.8 20 26.76 –0.75 .12 10.23 4.81 HimaxTechs HIMX17.7 5 7.00 –0.30 1.25 7.59 1.73 Intercure INCR ... 8 2.25 +0.01 ... 548.85 299.59 LamResearch LRCX 1.3 14 517.19 +16.351.725 23.43 16.00 MartenTransport MRTN 1.2 16 20.78 +0.34 .06
76.13 49.45 Gentherm THRM ... 78 57.06 –0.84 ... 341.00 182.40 HinghamSvg HIFS 1.3 12 184.18 –30.02 .63 75.74 40.23 InterDigital IDCC 2.0 23 70.78 –3.12 .35 116.28 81.10 LamarAdv LAMR 4.8 24 103.62 +1.86 1.25 5.93 2.39 MartinMidstream MMLP .8 dd 2.50 –0.05.005
8.83 3.76 GeospaceTech GEOS ... dd 7.62 –0.79 ... 20.43 13.70 HollysysAuto HOLI ... 9 15.61 –0.47 ... 15.05 7.38 Interface TILE .5 25 7.82 +0.05 .01 214.00 116.85 LancasterColony LANC 1.6 56 206.67 +8.60 .85 63.11 33.75 MarvellTech MRVL .6 dd 39.02 –1.27 .06
40.70 30.47 GermanAmBncp GABC 3.2 11 31.60 +0.52 .25 86.65 59.78 Hologic HOLX ... 21 84.06 –0.08 ... 53.71 38.00 IntlBcshs IBOC 3.0 9 41.95 +0.34 .63 25.90 20.49 LandmarkBncp LARK 4.1 11 20.70 –0.71 .21 198.00 108.89 Masimo MASI ... 75 196.03 +4.36 ...
3.84 1.18 Geron GERN ... dd 2.67 +0.70 ... 43.45 31.45 HomeBancorp HBCP 3.1 6 32.51 +0.78 .25 7.54 4.29 Intevac IVAC ... dd 6.95 –0.44 ... 188.47 137.15 LandstarSystem LSTR .7 16 182.22 +1.45 .30 35.29 18.49 MasterCraftBoat MCFT ... 10 29.68 +0.49 ...
57.54 36.58 GibraltarInds ROCK ... 19 49.28 +1.70 ... 4.65 0.99 HomePtCap HMPT 8.0 dd 2.00 +0.06 .04 63.50 42.01 Intra-Cellular ITCI ... dd 62.51 +2.30 ... 91.62 47.46 Lantheus LNTH ... cc 90.63 +1.96 ... 87.46 34.33 MatchGroup MTCH ... 29 34.92 –0.44 ...
62.00 4.14 GigaCloudTech GCT ... 10 5.26 –0.30 ... 45.44 16.98 HomeStreet HMST 8.0 5 17.54 –0.41 .35 490.83 339.36 Intuit INTU .7 66 446.40 +4.78 .78 10.80 2.92 LanzaTechGlobal LNZA ... dd 3.40 –0.03 ... 18.66 7.30 Materialise MTLS ... dd 8.31 +0.44 ...
7.54 4.61 GilatSatellite GILT ... dd 4.61 –0.16 ... 30.79 21.49 HomeTrustBcshs HTBI 1.8 9 22.17 +0.11 .10 136.00 8.55 IntuitiveMachinesA LUNR ... dd 8.81 –1.32 ... 10.44 4.66 Largo LGO ... dd 4.80 –0.34 ... 9.52 3.31 MatrixService MTRX ... dd 5.01 –0.34 ...
89.74 57.17 GileadSciences GILD 3.5 24 86.57 +3.57 .75 3.30 0.86 HomologyMed FIXX ... dd .98 –0.05 ... 304.84 180.07 IntuitiveSurgical ISRG ... 82 300.22 +33.20 ... 6.85 1.53 LarimarTherap LRMR ... dd 4.50 –0.03 ... 26.99 15.36 Mattel MAT ... 16 17.39 –0.32 ...
70.96 30.92 GitLab GTLB ... dd 32.93 +0.59 ... 4.51 1.60 Honest HNST ... dd 1.80 ... ... 11.42 9.93 LatAmGrowthA LATG ... 14 10.53 –0.02 ... 7.45 2.37 Matterport MTTR ... dd 2.64 –0.11 ...
11.75 2.51 Inventiva IVA ... dd 2.66 –0.38 ...
12.49 8.21 GladstoneCap GLAD10.1 24 9.46 +0.07 .08 220.96 166.63 Honeywell HON 2.1 27 196.08 –0.47 1.03 3.60 0.49 Latch LTCH ... dd .75 +0.07 ... 39.64 22.12 MatthewsIntl MATW 2.4 dd 38.12 +1.02 .23
23.72 12.69 Investar ISTR 2.6 5 14.72 +1.87 .095
22.67 11.45 GladstoneComm GOOD 9.9 dd 12.11 –0.22 .10 22.10 12.90 HookerFurnishings HOFT 5.3 dd 16.55 –1.61 .22 13.14 2.24 Latham SWIM ... dd 2.25 –0.07 ... 7.50 3.36 MaxCyte MXCT ... dd 5.05 –0.30 ...
5.21 3.24 InvestcpCredit ICMB14.6 dd 3.56 –0.01 .02
16.59 11.40 GladstoneInvt GAIN 7.2 9 13.36 –0.20 .08 15.95 9.36 HopeBancorp HOPE 5.8 5 9.69 +0.20 .14 96.82 43.41 LatticeSemi LSCC ... 71 90.40 –2.01 ... 31.28 8.85 MaxeonSolar MAXN ... dd 31.21 +2.88 ...
11.39 9.94 InvestcorpEur I A IVCB ... ... 10.51 +0.04 ...
39.81 14.99 GladstoneLand LAND 3.4 dd 16.42 –0.06.046 20.64 10.15 HorizonBancorp HBNC 6.0 5 10.58 –0.18 .16 13.35 9.24 LaureateEduc LAUR .0 30 11.99 –0.05 .68 53.65 29.27 MaxLinear MXL ... 20 31.34 –0.17 ...
10.64 9.95 InvestcorpIndiaA IVCA ... 50 10.57 +0.03 ...
11.19 9.75 GlblBlockchain GBBK ... cc 10.32 ... ... 10.27 10.10 HorizonSpaceI HSPO ... ... 10.26 +0.04 ... 15.82 5.24 Lavoro LVRO ... 23 5.66 –0.64 ... 111.70 73.29 McGrathRent MGRC 2.1 19 88.70 –2.02 .465
191.46 125.80 InvestorsTitle ITIC 1.3 12 146.64 –2.66 .46
37.65 15.63 Global-EOnline GLBE ... dd 29.68 –0.23 ... 1.03 0.10 HorizonSpaceI Rt HSPOR ... ... .12 –0.02 ... 1.86 0.27 LeapTherap LPTX ... dd .37 –0.02 ... 10.05 5.42 MedallionFin MFIN 5.0 4 6.42 –0.35 .08
4.90 1.03 Invivyd IVVD ... dd 1.15 –0.02 ...
11.00 10.00 GlobalStarA GLST ... dd 10.33 +0.03 ... 14.08 9.67 HorizonTechFin HRZN11.2 14 11.77 +0.11 .11 26.23 11.76 LeeEnterprises LEE ... dd 12.03 –0.26 ... 3.03 1.89 MediciNova MNOV ... dd 2.19 –0.11 ...
48.82 31.46 IonisPharm IONS ... dd 36.93 –0.07 ...
11.52 9.91 GlblTechAcqnI GTAC ... 21 10.44 –0.07 ... 113.83 57.84 HorizonTherap HZNP ... 50 111.33 –0.27 ... 23.33 11.96 LegacyHousing LEGH ... 8 21.77 +0.03 ... 16.45 8.05 MediWound MDWD ... dd 11.94 –1.08 ...
17.14 5.33 IovanceBiotherap IOVA ... dd 5.71 +0.07 ...
15.99 10.61 GlobalWaterRscs GWRS 2.6 47 11.25 –0.93.0248 21.63 14.51 HostHotels HST 3.0 18 16.22 –0.07 .12 15.52 7.37 LegalZoom LZ ... dd 10.10 +0.92 ... 241.48 126.95 Medpace MEDP ... 26 189.01 –3.13 ...
7.99 1.65 iQIYI IQ ... dd 6.59 –0.27 ...
72.50 36.81 GlobalFoundries GFS ... 24 61.88 –3.97 ... 3.10 1.05 HubCyberSecurity HUBC ... ... 1.12 –0.22 ... 70.00 32.87 LegendBiotech LEGN ... dd 69.70 +16.68 ... 45.49 2.60 MeihuaIntlMed MHUA ... ... 3.80 –0.70 ...
164.69 85.74 iRhythmTechs IRTC ... dd 139.70 +8.93 ...
10.90 9.89 GlobalinkInvt GLLI ... cc 10.44 +0.02 ... 104.67 62.68 HubGroup HUBG ... 8 82.12 +0.97 ... 56.38 38.32 LeMaitreVascular LMAT 1.0 59 54.72 +2.13 .14 12.92 4.77 MeiraGTx MGTX ... dd 5.67 +0.36 ...
4.23 1.96 Iridex IRIX ... dd 2.28 +0.02 ...
0.26 0.01 GlobalinkInvtRt GLLIR ... ... .09 +0.02 ... 1.35 0.14 HudsonAcqnIRt HUDAR ... ... .19 –0.05 ... 93.94 17.60 LendingTree TREE ... dd 23.91 +0.68 ... 14.46 4.06 MelcoResorts MLCO ... dd 14.39 +1.55 ...
67.56 32.88 IridiumComm IRDM .8 cc 67.26 +7.83 .13
4.16 0.51 GlycoMimetics GLYC ... dd 1.44 –0.03 ... 44.00 20.36 HudsonGlobal HSON ... 9 21.07 –0.20 ... 15.77 7.51 LeonardoDRS DRS ... 6 15.03 +0.33 ... 1337.75 600.68 MercadoLibre MELI ... cc 1281.92 –19.96 ...
11.33 1.02 IrisEnergy IREN ... ... 3.97 –0.55 ...
21.78 11.57 Gogo GOGO ... 20 13.95 –0.26 ... 1.52 0.45 HuizeHolding HUIZ ... dd 1.28 –0.03 ... 5.99 3.02 LesakaTech LSAK ... dd 4.07 –0.04 ... 39.03 28.29 MercantileBank MBWM 4.6 6 28.75 –0.07 .33
60.25 35.41 iRobot IRBT ... dd 43.39 +1.76 ...
7.90 2.83 Gogoro GGR ... dd 3.45 +0.03 ... 7.83 1.96 Humacyte HUMA ... dd 3.31 +0.06 ... 20.77 10.12 Leslie's LESL ... 14 10.70 +0.09 ... 11.16 9.91 MercatoPtrsA MPRA ... 22 10.45 +0.02 ...
12.66 9.73 IronwoodPharm IRWD ... 11 10.75 –0.24 ...
30.66 20.01 GolarLNG GLNG ... ... 21.29 –0.63 ... 200.64 153.92 JBHunt JBHT 1.0 20 176.42 –0.35 .42 3.48 1.31 LexiconPharm LXRX ... dd 2.49 +0.08 ... 17.50 9.03 MercerIntl MERC 3.3 2 9.09 –0.36 .075
10.82 10.13 IsraelAcqns ISRL ... ... 10.30 ... ...
51.52 32.53 GoldenEnt GDEN ... 17 43.59 +1.51 ... 15.74 9.94 HuntingtonBcshs HBAN 5.4 7 11.44 +0.03 .155 3.86 1.26 LexinFintech LX ... 4 2.36 –0.19 ... 65.42 40.48 MercurySystems MRCY ... dd 47.67 –2.22 ...
30.38 12.52 iTeosTherap ITOS ... 5 13.76 +0.10 ...
16.46 7.24 GoldenOcean GOGL18.0 4 9.17 –0.30 .20 30.41 21.75 Hurco HURC 2.8 25 22.80 –3.56 .16 41.49 12.52 LiAuto LI ... dd 22.93 –1.63 ... 1.85 0.30 MereoBioPharma MREO ... dd .99 –0.06 ...
60.61 39.38 Itron ITRI ... dd 52.37 –1.31 ...
15.36 11.94 GolubCapital GBDC10.0 19 13.19 –0.21 .33 84.47 49.68 HuronConsulting HURN ... 23 83.32 +0.49 ... 5.71 1.07 LianBio LIAN ... dd 2.15 –0.10 ... 17.38 11.01 Meridian MRBK 4.5 6 11.19 –0.99 .125
27.52 20.83 IturanLocation ITRN 2.6 12 21.87 +0.08 .14
16.85 3.82 GoodRx GDRX ... dd 5.76 –0.19 ... 4.17 0.78 Hut8Mining HUT ... dd 1.69 –0.44 ... 126.03 68.15 LibertyBroadbandA LBRDA ... 10 75.82 –2.29 ... 78.73 50.46 MeritMedical MMSI ... 61 78.25 +0.78 ...
15.69 9.66 Goodyear GT ... 15 10.55 –0.23 ... J 130.86 68.67 LibertyBroadbandC LBRDK ... 10 75.65 –2.28 ... 13.66 3.00 MerrimackPharm MACK ... dd 12.19 –0.65 ...
11.44 1.18 Hydrofarm HYFM ... dd 1.52 –0.01 ...
71.04 29.23 GooseheadIns GSHD ... cc 54.77 +2.36 ... 4.10 0.68 Hyperfine HYPR ... dd 1.46 –0.01 ... 27.87 10.65 JakksPacific JAKK ... 2 21.13 –0.09 ... 25.13 15.22 LibertyGlobal A LBTYA ... 48 18.76 –0.25 ... 8.34 2.68 MersanaTherap MRSN ... dd 4.26 +0.11 ...
9.42 4.45 GoPro GPRO ... 26 4.51 –0.15 ... 7.80 4.93 Hywin HYW ... 5 6.15 –0.05 ... 165.90 117.45 J&JSnackFoods JJSF 1.9 67 149.66 +0.90 .70 24.18 16.30 LibertyGlobal B LBTYB ... 50 19.25 –0.59 ... 30.81 12.03 Merus MRUS ... dd 22.00 +0.25 ...
10.76 9.60 GoresIX A GHIX ... 42 10.16 +0.04 ... 5.22 0.65 HyzonMotors HYZN ... ... .87 +0.02 ... 68.29 33.17 JD.com JD 1.7 38 35.63 –1.22 .62 26.11 16.16 LibertyGlobal C LBTYK ... 51 19.67 –0.32 ... 4.12 1.03 MesaAir MESA ... dd 2.18 –0.06 ...
15.20 0.91 GossamerBio GOSS ... dd 1.21 +0.17 ... 11.55 1.42 Joann JOAN24.6 dd 1.79 +0.22 .11 10.44 5.90 LibertyLatAmA LILA ... dd 8.33 –0.40 ... 239.50 114.21 MesaLab MLAB .4 dd 172.86 +8.05 .16
I 10.35 5.88 LibertyLatAmC LILAK ... dd 8.33 –0.37 ... 4.35 2.14 Mesoblast MESO ... dd 3.36 –0.08 ...
4.03 2.19 Grab GRAB ... dd 2.93 –0.01 ... 42.84 21.38 Joyy YY 7.1 42 28.62 –0.88 .51
5.69 1.68 GracellBiotech GRCL ... dd 1.79 –0.10 ... 91.89 41.52 IAC IAC ... dd 49.99 +1.39 ... 212.62 139.28 JackHenry JKHY 1.3 33 157.18 +3.22 .52 69.12 45.01 LibertyFormOne A FWONA ... 30 66.09 –0.59 ... 224.30 88.09 MetaPlatforms META ... 25 212.89 –8.60 ...
121.60 78.37 GrandCanyonEduc LOPE ... 20 117.02 –2.78 ... 31.40 14.85 IBEX IBEX ... 23 21.67 –1.79 ... 93.72 54.80 JackintheBox JACK 1.9 15 90.36 +2.91 .44 76.15 50.00 LibertyFormOne C FWONK ... 33 73.58 –0.35 ... 11.00 9.80 MetalSkyStar MSSA ... ... 10.38 ... ...
4.49 1.59 GraphiteBio GRPH ... dd 2.79 +0.30 ... 121.28 88.98 ICF Intl ICFI .5 32 109.33 –1.08 .14 0.56 ... JaguarGlbGrwI Rt JGGCR ... ... .16 ... ... 37.04 24.50 LibertyBraves A BATRA ... 32 36.39 –0.03 ... 0.22 0.06 MetalSkyStarRt MSSAR ... ... .15 –0.02 ...
14.94 7.80 GreatElmCap GECC17.0 dd 8.23 +0.21 .35 225.54 128.90 ICU Medical ICUI ... dd 181.08 +5.36 ... 11.53 9.82 JaguarGlbGrwI A JGGC ... 57 10.45 +0.03 ... 35.78 23.34 LibertyBraves C BATRK ... 31 35.31 +0.29 ... 54.97 28.73 Methanex MEOH 1.6 10 45.02 –0.39 .175
2.55 1.40 GreatElm GEG ... 39 2.11 –0.08 ... 19.14 8.14 IDEAYA Bio IDYA ... dd 14.93 +1.13 ... 26.60 18.89 JamesRiver JRVR 1.0 33 19.50 +0.34 .05 45.26 25.05 LibertySirius A LSXMA ... 10 28.56 –0.56 ... 24.34 14.65 MetroCityBkshs MCBS 4.4 6 16.30 +0.33 .18
15.40 4.75 GreatLakesDredge GLDD ... dd 5.34 –0.35 ... 515.79 317.06 IdexxLab IDXX ... 62 495.65 +13.16 ... 32.47 17.16 JamfHolding JAMF ... dd 19.36 –0.22 ... 45.20 25.02 LibertySirius C LSXMK ... 10 28.42 –0.58 ... 87.76 54.33 MicrochipTech MCHP 1.9 21 76.80 –2.73 .358
64.16 49.04 GreatSouthernBncp GSBC 3.1 9 52.34 +2.28 .40 46.00 24.94 IES Holdings IESC ... 23 42.90 +0.99 ... 23.64 9.39 JanuxTherap JANX ... dd 15.41 +0.77 ... 10.62 9.95 LibertyRscsA LIBY ... dd 10.57 ... ... 75.41 48.43 MicronTech MU .8 44 61.13 –1.50 .115
41.25 26.09 GreenPlains GPRE ... dd 32.94 +0.59 ... 28.20 9.74 IGM Biosci IGMS ... dd 11.30 +0.19 ... 166.81 125.36 JazzPharm JAZZ ... dd 145.35 –0.17 ... 93.67 8.43 LibertyTripAdvB LTRPB ... 58 22.33 –1.10 ... 294.18 213.43 Microsoft MSFT 1.0 32 285.76 –0.38 .68
14.75 11.05 GreenPlainsPtrs GPP 13.9 8 13.10 +0.19 .455 14.36 2.73 I-Mab IMAB ... ... 3.35 –0.17 ... 13.71 6.18 JetBlue JBLU ... dd 6.92 +0.13 ... 1.68 0.57 LibertyTripAdvA LTRPA ... 2 .75 –0.04 ... 436.98 132.56 MicroStrategy MSTR ... dd 291.02 –42.73 ...
11.12 9.98 GreenVisorI A GVCI ... 21 10.58 +0.01 ... 74.00 48.33 IndusRealty INDT 1.1 cc 66.52 +0.09 .18 27.96 16.36 JFrog FROG ... dd 20.36 –0.47 ... 11.96 1.52 LifecoreBiomed LFCR ... dd 4.37 +0.54 ... 5.76 1.04 Microvast MVST ... dd 1.04 –0.24 ...
7.62 0.22 GreenidgeGen GREE ... dd .58 –0.10 ... 3.62 1.02 IN8bio INAB ... dd 1.05 –0.16 ... 186.01 0.69 JianzhiEduc JZ ... ... 1.12 ... ... 3.22 1.14 LifeMD LFMD ... dd 1.70 +0.11 ... 5.96 1.94 MicroVision MVIS ... dd 1.97 –0.21 ...
8.39 0.27 Greenlane GNLN ... dd .31 +0.01 ... 9.22 1.72 IO Biotech IOBT ... dd 1.87 +0.02 ... 4.68 1.57 Jiayin JFIN ... 1 4.41 +0.66 ... 10.57 4.22 LifeStanceHealth LFST ... dd 8.03 +0.57 ... 34.99 23.13 MidPennBancorp MPB 3.4 7 23.39 –0.60 .20
9.93 0.32 GreenLightBio GRNA ... dd .36 –0.10 ... 134.81 79.88 IPG Photonics IPGP ... 58 115.54 –0.55 ... 81.28 46.30 JohnsonOutdoors JOUT 2.1 15 59.98 –0.08 .31 13.20 4.95 LifetimeBrands LCUT 3.4 dd 4.99 –0.11.0425 13.69 10.01 MidCapFin MFIC13.4 27 11.35 –0.01 .38
10.49 6.72 GreenlightCapRe GLRE ... 18 10.15 +0.23 ... 30.84 18.59 i3Verticals IIIV ... dd 24.96 +0.66 ... 6.87 0.58 JounceTherap JNCE ... dd 1.91 –0.01 ... 8.10 4.55 LifewayFoods LWAY ... cc 6.11 +0.09 ... 163.10 120.30 Middleby MIDD ... 18 141.83 +2.82 ...
13.34 5.71 Grifols GRFS ... 23 7.57 +0.04 ... 30.00 8.85 IVERICbio ISEE ... dd 29.84 +1.55 ... 11.39 6.55 JupiterWellnessA JWAC ... cc 10.50 –0.10 ... 83.95 46.83 LigandPharm LGND ... dd 77.04 +2.70 ... 96.19 72.64 MiddlesexWater MSEX 1.6 33 78.88 –0.05.3125
28.98 9.66 GrindrodShipping GRIN 1.1 2 11.35 +0.90 .03 10.92 9.78 IXAcqnA IXAQ ... 32 10.33 +0.02 ... 0.54 0.06 JupiterWellnessRt JWACR ... ... .36 –0.05 ... 68.55 40.10 Light&Wonder LNW ... dd 60.72 –0.35 ... 28.88 19.62 MidlandStBncp MSBI 6.0 5 20.11 –0.01 .30
5.85 1.71 Gritstone GRTS ... dd 2.65 –0.38 ... 55.55 47.17 IcahnEnterprises IEP 15.7 dd 51.10 –1.622.00 3.60 0.41 Lilium LILM ... ... .43 –0.08 ... 35.58 20.82 MidWestOneFin MOFG 4.6 5 21.20 –0.76.2425
39.73 21.04 Ichor ICHR ... 11 28.63 –0.85 ... K 17.90 10.44 Limoneira LMNR 1.8 15 17.00 –0.70 .075 9.85 3.10 MilestonePharm MIST ... dd 4.02 +0.43 ...
46.37 25.71 GroceryOutlet GO ... 44 28.47 +0.62 ...
20.85 3.37 Groupon GRPN ... dd 3.91 +0.16 ... 10.90 2.10 iClickInteract ICLK ... dd 3.00 –0.34 ... 429.46 250.20 KLA KLAC 1.4 15 371.97 –3.07 1.30 7.93 4.59 LincolnEduc LINC ... 17 6.00 –0.50 ... 33.46 15.54 MillerKnoll MLKN 4.3 20 17.35 –0.64.1875
10.76 9.68 GrowthforGoodA GFGD ... cc 10.28 +0.01 ... 249.99 171.43 Icon ICLR ... 34 207.13 –2.65 ... 18.63 3.64 KLX Energy KLXE ... dd 10.05 –1.33 ... 176.52 118.17 LincolnElectric LECO 1.6 20 160.04 +1.04 .64 25.23 10.22 MillicomIntl TIGO ... 49 19.93 +0.45 ...
0.18 ... GrowthforGoodRt GFGDR ... ... .17 ... ... 16.45 2.28 Icosavax ICVX ... dd 6.06 +0.90 ... 12.10 6.89 KVH Inds KVHI ... 9 11.13 –0.57 ... 22.59 11.39 LiquiditySvcs LQDT ... 11 13.71 +0.66 ... 2.88 1.90 Mind CTI MNDO12.5 7 1.92 –0.03 .24
91.73 46.53 GrAeroportuario OMAB 4.4 28 78.56 –11.56.4944 18.53 3.44 iHeartMedia IHRT ... dd 4.16 +0.38 ... 10.85 9.91 KairousAcqn KACL ... cc 10.76 –0.09 ... 281.78 192.19 Littelfuse LFUS 1.0 16 245.70 –9.32 .60 21.98 12.75 MineralysTherap MLYS ... ... 14.23 +1.03 ...
70.59 22.39 GuardantHealth GH ... dd 24.51 +0.01 ... 6.50 1.94 IkenaOncology IKNA ... dd 4.84 –0.16 ... 0.55 0.06 KairousAcqnRt KACLR ... ... .18 ... ... 85.89 40.26 LivaNova LIVN ... dd 49.82 +7.23 ... 4.41 0.15 MinervaSurgical UTRS ... dd .23 ... ...
5.74 3.10 GulfIslandFab GIFI ... dd 3.48 +0.01 ... 334.62 173.45 Illumina ILMN ... dd 227.68 –0.33 ... 107.41 59.24 KaiserAlum KALU 4.9 dd 63.45 –2.41 .77 24.22 3.57 LivePerson LPSN ... dd 5.05 –0.25 ... 101.30 32.96 MiratiTherap MRTX ... dd 42.63 +3.38 ...
4.95 2.50 Gulf Resources GURE ... 3 2.74 –0.09 ... 4.33 0.31 iMediaBrands IMBI ... dd .35 +0.03 ... 2.80 1.32 Kaltura KLTR ... dd 1.70 –0.17 ... 3.42 1.40 LiveVox LVOX ... dd 3.01 +0.04 ... 30.55 17.32 MirumPharm MIRM ... dd 27.26 +2.27 ...
9.25 4.28 Immersion IMMR 1.6 8 7.35 –1.18 .03 17.06 4.12 KalVistaPharm KALV ... dd 8.20 +0.29 ... 4.93 0.50 LixiangEduc LXEH ... ... .61 +0.01 ... 29.70 1.06 Missfresh MF ... ... 1.13 –0.01 ...
H 16.17 3.70 Immuneering IMRX ... dd 11.43 –1.15 ... 5.56 3.72 Kamada KMDA ... dd 4.55 –0.04 ... 25.00 14.43 LoganRidgeFin LRFC ... dd 21.42 –0.01 ... 16.96 9.81 MissionProduce AVO ... dd 11.16 +0.17 ...
56.47 26.12 H&E Equipment HEES 2.6 11 41.55 –0.43 .275 11.76 1.11 Immunic IMUX ... dd 1.56 +0.13 ... 3.30 2.00 KandiTech KNDI ... dd 2.83 +0.09 ... 10.97 9.68 LogisticsInnovA LITT ... 26 10.20 +0.03 ... 48.11 24.85 Mobileye MBLY ... dd 44.44 +2.76 ...
23.49 16.09 HBT Finl HBT 3.6 9 18.74 +0.24 .17 7.80 1.21 ImmunityBio IBRX ... dd 2.68 +0.75 ... 29.44 9.74 Kanzhun BZ ... cc 17.12 –0.08 ... 68.32 41.81 LogitechIntl LOGI 1.7 22 56.97 –1.67.9781 10.91 9.96 MobivAcqn MOBV ... cc 10.42 +0.01 ...
10.90 9.91 HCM Acqn A HCMA ... 24 10.46 –0.04 ... 69.06 25.01 Immunocore IMCR ... dd 61.59 +6.78 ... 20.00 12.50 KaratPkg KRT .0 12 14.04 +0.75 .35 7.36 2.70 LongboardPharm LBPH ... dd 7.25 +1.17 ... 217.25 115.03 Moderna MRNA ... 7 140.85 –16.25 ...
2.79 1.08 HCW Biologics HCWB ... dd 1.39 –0.11 ... 6.63 3.10 Immunogen IMGN ... dd 4.26 +0.22 ... 278.25 92.26 KarunaTherap KRTX ... dd 201.06 +18.42 ... 7.65 1.85 LoopIndustries LOOP ... dd 2.88 –0.14 ... 121.54 71.49 ModivCare MODV ... dd 72.91 –6.56 ...
24.40 18.56 HMN Fin HMNF 1.3 10 18.66 –0.39 .06 6.50 2.35 ImmunoPrecise IPA ... dd 3.08 +0.55 ... 6.98 2.45 KaryopharmTherap KPTI ... dd 4.09 –0.23 ... 3.73 0.46 LordstownMotors RIDE ... dd .48 –0.06 ... 17.18 5.50 MolecularPtrs MOLN ... 2 6.58 +0.05 ...
1.94 0.68 Hookipa HOOK ... dd .76 +0.02 ... 20.24 3.15 Immunovant IMVT ... dd 15.50 +1.23 ... 1.93 0.40 Katapult KPLT ... dd .50 +0.03 ... 2.83 0.15 Lottery.com LTRY ... dd .37 –0.04 ... 17.87 5.14 Momentive MNTV ... dd 9.35 –0.02 ...
21.28 7.39 HutchmedChina HCM ... dd 16.35 –1.38 ... 3.39 1.47 Immutep IMMP ... dd 1.63 +0.04 ... 12.86 7.70 KearnyFinancial KRNY 5.7 11 7.77 –0.13 .11 50.49 17.60 Lovesac LOVE ... 17 29.18 +0.69 ... 3.84 0.42 Momentus MNTS ... dd .46 +0.02 ...
53.52 24.38 H World HTHT ... dd 47.02 –0.13 ... 10.75 0.93 ImpelPharm IMPL ... dd 1.82 +0.25 ... 22.56 13.41 KellyServices A KELYA 1.8 dd 16.45 –0.29 .075 3.64 1.11 LucidDiag LUCD ... dd 1.53 +0.17 ... 85.67 54.01 MonarchCasino MCRI .0 16 72.63 –2.995.00
24.78 17.10 HackettGroup HCKT 2.3 15 18.75 –0.17 .11 144.90 39.74 Impinj PI ... dd 139.99 +2.53 ... 26.64 13.64 KellyServices B KELYB 1.8 dd 16.65 –0.21 .075 21.78 6.09 Lucid LCID ... dd 7.03 –0.70 ... 171.89 73.58 monday.com MNDY ... dd 130.32 –0.60 ...
34.86 15.20 HainCelestial HAIN ... 35 17.71 –0.31 ... 88.30 50.50 InariMedical NARI ... dd 68.67 +4.49 ... 8.69 6.00 KY FirstFedBncp KFFB 6.3 40 6.37 –0.21 .10 21.29 1.90 Lulu'sFashion LVLU ... 23 2.20 +0.12 ... 16.98 6.74 Mondee MOND ... dd 10.05 –0.16 ...
10.62 9.94 HainanManaslu HMAC ... cc 10.35 ... ... 8.65 1.77 Incannex IXHL ... dd 2.12 +0.01 ... 61.10 24.38 KerosTherap KROS ... dd 45.26 +6.47 ... 386.70 251.51 lululemon LULU ... 57 377.80 +9.55 ... 71.85 54.72 Mondelez MDLZ 2.2 36 71.32 +1.51 .385
0.78 0.06 HainanManasRt HMACR ... ... .20 ... ... 10.71 9.84 InceptionGrowth IGTA ... cc 10.21 +0.02 ... 41.31 33.35 KeurigDrPepper KDP 2.3 35 35.31 +0.21 .20 96.46 44.94 Lumentum LITE ... cc 47.05 +1.81 ... 10.96 9.18 MoneyGram MGI ... 30 10.16 –0.37 ...
35.10 4.21 HallmarkFin HALL ... dd 5.97 –0.54 ... 0.18 0.07 InceptionGrowthRt IGTAR ... ... .14 +0.05 ... 20.48 13.55 KewauneeSci KEQU ... dd 15.61 +0.11 ... 13.64 3.91 LuminarTech LAZR ... dd 5.70 –0.10 ... 390.84 135.15 MongoDB MDB ... dd 232.86 +9.77 ...
59.46 32.83 HalozymeTherap HALO ... 24 34.27 –1.38 ... 86.29 65.07 Incyte INCY ... 49 74.59 +0.09 ... 7.53 4.00 KeyTronic KTCC ... 14 6.87 –0.10 ... 4.93 0.45 LumiraDx LMDX ... dd .68 –0.08 ... 541.39 301.69 MonolithicPower MPWR .9 51 463.00 –14.27 1.00
81.23 55.81 HamiltonLane HLNE 2.2 29 73.85 +1.90 .40 91.65 54.67 IndependentBank INDB 3.7 10 59.58 –2.16 .55 10.84 9.74 KeyarchAcqn KYCH ... cc 10.35 +0.01 ... 9.56 2.95 LumosPharma LUMO ... dd 3.20 –0.18 ... 55.70 37.49 Monro MNRO 2.3 34 48.29 +0.92 .28
52 BARRON’S April 24, 2023

D ATA NASDAQ ISSUES B A R R ON S .C OM / D ATA

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
54.52 41.07 MonsterBev MNST ... 47 53.07 +0.51 ... O 20.00 4.32 PepGen PEPG ... dd 12.55 +3.28 ... 10.91 9.80 RF Acqn A RFAC ... dd 10.34 +0.02 ... 159.84 61.28 SareptaTherap SRPT ... dd 127.98 +5.35 ...
13.89 5.66 MonteRosaTherap GLUE ... dd 5.72 –1.13 ... 186.84 154.86 PepsiCo PEP 2.5 29 185.41 +1.90 1.15 0.28 0.03 RF Acqn Rt RFACR ... ... .15 ... ... 8.08 0.59 SatsumaPharm STSA ... dd 1.04 +0.39 ...
11.01 9.97 MontereyBioAcqn MTRY ... dd 10.90 +0.22 ... 53.59 28.85 ODP ODP ... 13 44.37 +0.82 ... 12.25 10.00 PerceptionCapII PCCT ... dd 10.72 –0.08 ... 7.42 3.94 RF Industries RFIL ... 76 4.15 –0.10 ... 2.85 1.06 Savara SVRA ... dd 1.80 +0.05 ...
10.40 9.80 MontereyCapA MCAC ... dd 10.27 –0.01 ... 13.87 8.61 OP Bancorp OPBK 5.3 4 9.03 +0.21 .12 15.65 9.75 PerdoceoEduc PRDO ... 10 13.42 –0.13 ... 24.55 18.01 RGC Resources RGCO 3.7 dd 21.32 –1.39.1975 41.01 25.75 ScanSource SCSC ... 8 27.77 –2.00 ...
0.30 0.08 MontereyCapRt MCACR ... ... .15 ... ... 3.24 1.00 OPKO Health OPK ... dd 1.52 –0.04 ... 12.00 5.47 PerellaWeinberg PWP 3.0 dd 9.23 +0.47 .07 11.24 9.91 ROC Energy ROC ... cc 10.50 +0.04 ... 54.79 25.96 SchnitzerSteel SCHN 2.5 13 30.61 –0.93.1875
276.68 180.99 Morningstar MORN .7 cc 207.59 –0.92 .375 11.02 9.79 OPYAcqnIA OHAA ... cc 10.42 +0.20 ... 110.28 59.79 Perficient PRFT ... 23 65.52 –3.98 ... 0.40 0.03 ROC Energy Rt ROCAR ... ... .29 –0.01 ... 13.00 4.33 ScholarRock SRRK ... dd 7.65 –0.36 ...
49.24 19.23 Morphic MORF ... dd 44.82 +10.18 ... 912.00 562.90 OReillyAuto ORLY ... 27 903.81 +11.54 ... 3.97 1.72 PerformantFin PFMT ... dd 3.25 –0.01 ... 27.07 6.71 R1 RCM RCM ... dd 15.71 +0.55 ... 48.28 28.22 Scholastic SCHL 2.2 22 36.32 +0.94 .20
6.35 3.17 MorphoSys MOR ... dd 5.33 +0.13 ... 105.63 69.31 OSI Systems OSIS ... 17 99.94 –2.01 ... 42.75 16.41 PerionNetwork PERI ... 19 38.38 –1.88 ... 2.99 0.95 RVL Pharm RVLP ... dd .97 –0.14 ... 35.24 15.85 Schrodinger SDGR ... dd 29.60 +2.11 ...
19.93 4.45 MotorcarParts MPAA ... dd 4.55 –0.50 ... 22.62 17.59 OaktreeSpec OCSL11.2 cc 18.75 –0.07 .55 15.70 7.50 Perma-PipeIntl PPIH ... 16 11.18 +0.24 ... 10.49 1.57 RackspaceTech RXT ... dd 1.78 –0.01 ... 11.24 9.77 SchultzeSpecII A SAMA ... dd 10.35 –0.02 ...
10.74 10.09 MountainI A MCAA ... cc 10.69 ... ... 4.60 1.28 Oatly OTLY ... dd 2.25 –0.03 ... 6.22 1.73 Personalis PSNL ... dd 2.45 –0.61 ... 16.52 7.97 RadiusGlbInfr RADI ... dd 14.69 +0.04 ... 4.48 0.19 Science37 SNCE ... dd .33 –0.03 ...
0.35 0.03 MountainCrestVRt MCAGR ... ... .30 +0.01 ... 24.93 15.96 OceanFirstFin OCFC 4.9 7 16.27 –0.95 .20 22.20 7.59 PetcoHealth WOOF ... 28 9.68 +0.14 ... 28.13 12.03 RadNet RDNT ... cc 27.97 +0.67 ... 18.17 10.60 SciPlay SCPL ... 19 17.09 +0.01 ...
10.45 9.69 MountainCrestV MCAG ... cc 10.26 –0.03 ... 6.57 2.57 OcularTherapeutix OCUL ... dd 6.43 +1.17 ... 21.62 6.66 PetIQ PETQ ... dd 11.83 +0.14 ... 31.59 17.42 Radware RDWR ... dd 20.99 –2.03 ... 11.65 3.68 scPharm SCPH ... dd 9.99 +0.42 ...
10.76 1.25 Movella MVLA ... dd 1.48 –0.02 ... 14.10 6.26 Oculis OCS ... cc 10.86 +1.36 ... 25.85 15.25 PetMedExpress PETS 7.8 27 15.38 –0.33 .30 14.48 2.15 RainOncology RAIN ... dd 7.55 +0.10 ... 11.50 9.58 ScreamingEagleA SCRM ... 42 10.18 –0.02 ...
17.75 0.88 MultiMetaVerse MMV ... dd 1.09 +0.04 ... 24.43 6.77 OfficePropIncm OPI 14.4 dd 6.94 –0.84 .25 17.81 6.10 Pharming PHAR ... 62 10.70 –0.74 ... 15.89 4.15 Rallybio RLYB ... dd 4.67 +0.36 ... 17.99 8.60 ScrippsEW SSP ... 5 8.81 –0.34 ...
10.65 9.96 MurphyCanyonA MURF ... cc 10.46 +0.03 ... 32.49 21.96 OhioValleyBanc OVBC 3.4 9 24.89 +0.24 .22 27.50 1.77 Pharvaris PHVS ... dd 8.94 +0.24 ... 18.24 8.12 RamacoRscs METC 6.0 3 8.37 –0.37 .125 36.92 20.66 SeacoastBkgFL SBCF 3.0 14 22.72 +0.22 .17
11.46 3.37 Mynaric MYNA ... dd 6.01 +0.16 ... 141.63 44.12 Okta OKTA ... dd 75.96 +1.66 ... 14.84 5.84 PhathomPharm PHAT ... dd 10.58 +0.60 ... 51.88 20.00 Rambus RMBS ... dd 49.30 –0.76 ... 88.25 47.47 Seagate STX 5.0 dd 56.42 –7.54 .70
28.18 13.92 MyriadGenetics MYGN ... dd 22.47 +0.20 ... 18.23 3.68 Olaplex OLPX ... 11 3.80 –0.23 ... 40.26 30.53 Phenixfin PFX .0 dd 36.75 +0.80 .121 53.59 27.26 RangerOil ROCC .7 4 40.91 –2.69 .075 207.17 105.43 Seagen SGEN ... dd 203.80 –1.70 ...
381.81 231.31 OldDomFreight ODFL .5 29 348.85 +10.18 .40 6.18 0.90 PhenomeX CELL ... dd 1.23 +0.21 ... 13.57 3.65 RaniTherap RANI ... dd 4.83 –0.41 ... 10.92 9.76 SeaportGlblAcqnII SGII ... 27 10.26 –0.03 ...
N 20.19 13.33 OldNatlBncp ONB 4.1 10 13.54 +0.06 .14 20.54 11.75 PhibroAnimal PAHC 3.0 18 15.89 +0.20 .12 6.03 0.99 RapidMicro RPID ... dd 1.00 –0.02 ... 10.64 9.20 SeaportGlblAcqnII SGIIU ... ... 10.23 –0.40 ...
39.22 15.60 Napco Security NSSC ... 50 34.66 +1.26 ... 17.80 12.77 Old2ndBcp OSBC 1.5 9 12.91 –0.14 .05 35.90 27.07 PhillipsEdison PECO 3.6 80 31.32 +0.27.0933 108.48 26.49 Rapid7 RPD ... dd 51.63 +4.67 ... 13.23 5.28 SecureWorks SCWX ... dd 9.42 +0.92 ...
48.68 32.05 NBT Bancorp NBTB 3.6 9 33.16 –0.52 .30 6.08 2.00 OlemaPharm OLMA ... dd 4.15 +0.49 ... 7.93 3.61 RealGoodFood RGF ... dd 3.86 –0.24 ... 9.11 5.77 SecurityNatFin SNFCA ... 6 7.06 –0.13 ...
10.73 9.99 PhoenixBiotech PBAX ... dd 10.73 +0.02 ...
18.25 2.92 NGM Biopharm NGM ... dd 4.09 +0.49 ... 26.47 8.39 OlinkHolding OLK ... dd 21.91 –0.66 ... 6.43 1.04 RealReal REAL ... dd 1.23 +0.08 ... 13.40 3.50 Seer SEER ... dd 3.77 –0.13 ...
25.81 13.87 Photronics PLAB ... 8 15.06 –0.59 ...
235.11 164.65 NICE NICE ... 52 209.00 –18.31 ... 72.27 40.40 Ollie'sBargain OLLI ... 39 64.09 +6.55 ... 101.79 18.47 ReataPharm RETA ... dd 99.96 +5.41 ... 2.73 0.65 SelectaBiosci SELB ... 6 1.11 –0.10 ...
34.66 20.85 Pilgrim'sPride PPC ... 7 22.31 –1.06 ...
24.72 15.33 NMI Holdings NMIH ... 7 22.95 –0.43 ... 58.84 22.62 OlympicSteel ZEUS 1.0 7 52.25 +0.11 .125 14.18 4.92 RecursionPharm RXRX ... dd 5.72 –0.22 ...
89.00 51.15 PinnacleFinPtrs PNFP 1.6 8 54.77 +1.89 .22 103.61 66.81 SelectiveIns SIGI 1.2 27 96.77 +1.98 .30
3.61 0.97 NN NNBR ... dd 1.09 +0.05 ... 128.51 77.28 OmegaFlex OFLX 1.1 48 113.40 +5.15 .32 60.57 46.05 RedRiverBcshs RRBI .7 9 46.48 –0.73 .08
3.40 0.25 PintecTech PT ... dd 1.09 –0.23 ... 49.49 1.35 SelinaHosp SLNA ... 5 1.53 –0.04 ...
1.85 0.49 NRX Pharm NRXP ... dd .60 –0.02 ... 11.98 1.98 OmegaTherap OMGA ... dd 8.06 +0.50 ... 15.89 5.35 RedRobin RRGB ... dd 14.05 –1.19 ...
2.51 1.34 Pixelworks PXLW ... dd 1.51 +0.10 ... 11.34 0.55 Semantix STIX ... dd 4.21 +0.17 ...
154.97 95.14 NV5Global NVEE ... 29 95.36 –3.12 ... 7.75 1.74 Omeros OMER ... 7 5.66 –0.69 ... 48.66 30.98 RedRockResorts RRR 2.1 14 47.30 +3.75 .25
13.50 9.10 PlainsAllAmPipe PAA 8.1 11 13.18 +0.04.2675 12.03 9.97 SemperParatusA LGST ... cc 10.51 –0.06 ...
198.28 132.08 NXP Semi NXPI 2.4 16 169.82 –2.531.014 10.50 1.91 OmniAb OABI ... dd 3.88 +0.09 ... 13.92 3.08 Redfin RDFN ... dd 8.71 –0.17 ...
14.17 9.39 PlainsGP PAGP 7.8 14 13.77 +0.09.2675 65.51 20.52 Semtech SMTC ... 22 20.70 –0.95 ...
13.95 0.92 NanoLabs NA ... ... 1.08 –0.04 ... 125.17 46.11 Omnicell OMCL ... cc 62.25 +2.55 ... 84.40 2.67 RedHillBio RDHL ... dd 2.75 –0.46 ...
9.73 5.35 PlayaHotels PLYA ... 28 9.41 +0.02 ... 68.74 46.61 SenecaFoods A SENEA ... 8 47.94 –2.26 ...
16.44 5.31 NanoXImaging NNOX ... dd 6.15 –0.59 ... 11.55 9.79 OmniLitAcqnA OLIT ... cc 10.22 ... ... 11.23 9.78 RedwoodsAcqn RWOD ... cc 10.32 +0.01 ...
6.60 3.24 Playstudios MYPS ... dd 4.19 +0.08 ... 69.83 47.80 SenecaFoods B SENEB ... 8 50.40 –1.60 ...
6.69 2.32 Nanobiotix NBTX ... dd 3.74 –0.21 ... 87.55 44.76 ON Semi ON ... 17 73.74 –4.18 ... 0.22 0.03 RedwoodsAcqnRt RWODR ... ... .10 ... ...
18.16 7.81 Playtika PLTK ... 16 11.32 +0.50 ... 2.39 1.28 SenseiBiotherap SNSE ... dd 1.51 +0.01 ...
20.51 4.37 NanoStringTech NSTG ... dd 10.02 +0.19 ... 1.90 0.23 Oncorus ONCR ... dd .33 +0.03 ... 73.06 51.97 RegencyCtrs REG 4.3 22 60.72 +1.06 .65
115.36 74.53 Plexus PLXS ... 16 91.02 –5.42 ... 2.49 1.21 SenstarTech SNT ... dd 1.49 +0.10 ...
11.85 1.24 NantHealth NH ... dd 1.65 +0.28 ... 13.63 5.82 1-800-FLOWERS FLWS ... cc 10.76 –0.62 ... 837.55 538.01 RegenPharm REGN ... 21 800.73 –28.60 ...
36.64 3.97 PliantTherap PLRX ... dd 30.35 +3.85 ... 9.99 0.94 SentiBiosciences SNTI ... dd .96 –0.11 ...
69.22 46.77 Nasdaq NDAQ 1.4 25 56.97 +1.81 .22 6.68 4.82 180DegreeCap TURN ... dd 4.87 –0.14 ... 33.06 10.85 RelayTherap RLAY ... dd 12.74 –4.70 ...
13.36 3.14 PolestarAuto PSNY ... dd 3.69 –0.07 ... 4.25 1.10 SeraPrognostics SERA ... dd 3.27 –0.10 ...
59.75 27.35 Natera NTRA ... dd 55.16 +3.76 ... 4.00 1.37 111 YI ... dd 2.71 +0.06 ... 38.68 1.81 RelmadaTherap RLMD ... dd 2.64 –0.07 ...
6.90 0.38 PolyPid PYPD ... dd .43 –0.01 ... 9.49 2.50 SeresTherap MCRB ... dd 6.44 +0.58 ...
81.75 45.50 Nathan's NATH 2.7 16 74.08 –0.49 .50 8.43 3.61 1stdibs.com DIBS ... dd 3.83 –0.03 ... 18.18 6.66 RemitlyGlobal RELY ... dd 17.97 +0.72 ...
10.44 7.10 PonceFinl PDLB ... dd 7.43 –0.11 ... 11.57 4.65 ServiceProperties SVC 8.7 dd 9.17 –0.32 .20
57.65 38.40 NationalBeverage FIZZ ... 34 51.54 +2.41 ... 43.96 23.68 OneWaterMarine ONEW ... 3 27.69 –0.49 ... 5.85 1.05 Renalytix RNLX ... dd 2.32 –0.16 ...
2.44 0.10 NatlCineMedia NCMI33.9 dd .35 +0.01 .03 10.54 10.16 PonoCapitalThree PTHR ... ... 10.25 +0.04 ... 10.94 9.90 7AcqnA SVNA ... 22 10.47 +0.01 ...
11.10 9.93 OnyxAcqnIA ONYX ... cc 10.58 ... ... 41.77 27.61 Renasant RNST 3.1 10 28.09 –0.42 .22 3.74 0.61 17Educ&Tech YQ ... dd 1.28 +0.05 ...
58.29 29.81 NatlInstruments NATI 1.9 55 58.06 –0.07 .28 15.37 5.35 OpenLending LPRO ... 13 6.93 +0.03 ... 10.88 9.95 PonoCapTwoA PTWO ... ... 10.43 ... ...
429.53 278.10 Pool POOL 1.2 20 343.24 +12.99 1.00 11.30 1.79 ReneoPharm RPHM ... dd 10.50 +3.70 ... 3.20 1.32 Sharecare SHCR ... dd 1.70 +0.14 ...
47.60 30.93 NatlResearch NRC 1.1 35 44.94 +0.55 .12 42.04 24.91 OpenText OTEX 2.6 32 37.80 –1.46 .243 8.17 4.04 ReNewEnergy RNW ... dd 5.61 +0.01 ...
43.82 17.25 NationalVision EYE ... 51 20.50 +0.08 ... 2.20 0.70 PopCulture CPOP ... 7 .76 –0.03 ... 5.82 1.85 ShattuckLabs STTK ... dd 2.93 +0.07 ...
8.21 0.92 OpendoorTech OPEN ... dd 1.54 –0.16 ... 6.72 1.10 RenttheRunway RENT ... dd 3.17 –0.02 ... 25.93 15.62 ShenandoahTel SHEN .4 dd 19.26 –0.78 .08
309.25 166.94 NatlWesternLife NWLI .1 9 245.23 +15.23 .36 11.38 3.92 Opera OPRA .0 64 11.04 +0.41 .75 83.64 49.34 Popular BPOP 3.7 4 59.94 +1.18 .55
28.93 14.84 Portillo's PTLO ... 76 20.34 +0.49 ... 18.68 8.07 RepareTherap RPTX ... dd 9.57 +0.50 ... 32.43 9.58 ShoalsTech SHLS ... 27 21.96 –1.00 ...
12.60 7.04 NaturalAlt NAII ... 6 8.94 +0.19 ... 12.86 2.19 OportunFin OPRT ... dd 3.75 –0.09 ... 262.26 137.21 Repligen RGEN ... 51 166.09 –7.94 ...
5.07 1.50 NautilusBiotech NAUT ... dd 2.52 –0.31 ... 24.49 19.26 PortmanRidge PTMN13.3 dd 20.47 –0.12 .68 320.54 113.36 ShockwaveMed SWAV ... 50 286.46 +26.62 ...
8.50 3.25 Opthea OPT ... ... 3.64 +0.32 ... 29.52 13.05 Replimune REPL ... dd 17.25 +1.12 ... 32.40 19.43 ShoeCarnival SCVL 1.6 6 24.82 –1.23 .10
19.34 12.45 Navient NAVI 3.9 4 16.50 +0.31 .16 4.85 3.26 OpticalCable OCC ... 25 4.35 –0.04 ... 8.82 1.82 PoseidaTherap PSTX ... dd 2.85 +0.60 ...
10.30 4.31 Potbelly PBPB ... 70 10.14 +0.58 ... 50.16 38.17 RepublicBcpKYA RBCAA 3.6 9 41.26 +1.61 .374 21.12 13.21 ShoreBancshares SHBI 3.5 9 13.69 +0.31 .12
8.35 3.11 NavitasSemi NVTS ... 12 6.88 +0.10 ... 4.30 1.55 Optinose OPTN ... dd 1.87 –0.03 ... 4.86 1.12 RepublicFirstBncp FRBK ... 7 1.27 +0.05 ...
37.07 16.56 Nayax NYAX ... dd 16.56 –0.50 ... 58.13 39.10 PotlatchDelt PCH 3.8 10 47.78 –0.90 .45 34.10 17.66 Shyft SHYF .9 23 23.42 +0.74 .05
35.87 25.54 OptionCare OPCH ... 39 32.42 +0.73 ... 9.72 4.42 ReservoirMedia RSVR ... 43 6.05 –0.19 ...
39.83 19.58 nCino NCNO ... dd 25.90 +0.89 ... 47.46 18.87 PowellIndustries POWL 2.7 26 39.03 –2.32.2625 16.50 1.25 Sientra SIEN ... dd 1.57 –0.02 ...
7.21 2.62 OraSureTechs OSUR ... dd 7.15 +0.40 ... 23.18 14.11 ResourcesConnect RGP 3.7 8 15.03 –0.73 .14
18.65 2.18 NearIntelligence NIR ... 14 3.32 –2.65 ... 10.65 9.77 Pwr&Digital II A XPDB ... cc 10.29 –0.01 ... 24.76 15.81 SierraBancorp BSRR 5.8 7 16.00 –0.05 .23
23.39 7.49 OrchestraBioMed OBIO ... dd 13.99 –7.44 ... 20.00 12.43 RetailOppor ROIC 4.6 32 13.15 +0.17 .15
8.19 5.46 NecessityRetail RTL 15.2 dd 5.60 –0.13.2125 91.98 59.16 PowerIntegrations POWI 1.0 26 75.93 –2.91 .19 15.30 5.35 SightSciences SGHT ... dd 10.18 +1.00 ...
1.55 0.49 OrganiGram OGI ... dd .50 –0.06 ... 7.62 0.63 ReunionNeuro REUN .0 dd .92 +0.26 .017
5.18 0.60 NektarTherap NKTR ... dd .87 –0.06 ... 3.97 2.06 PowerFleet PWFL ... dd 2.75 –0.22 ... 1.61 0.29 SigilonTherap SGTX ... dd .70 +0.05 ...
6.85 2.36 OricPharm ORIC ... dd 5.40 –0.64 ... 36.61 11.27 RevanceTherap RVNC ... dd 32.11 +1.70 ...
18.96 10.69 NeoGames NGMS ... dd 13.41 –1.44 ... 10.60 9.94 PowerUpAcqn PWUP ... cc 10.52 +0.01 ... 10.48 9.89 SignalHillA SGHL ... cc 10.40 ... ...
47.28 30.41 OriginBancorp OBNK 1.9 10 32.22 +0.95 .15 10.80 9.66 RevelstoneCapA RCAC ... cc 10.27 –0.04 ...
29.87 10.49 Neogen NEOG ... cc 17.31 +1.21 ... 13.33 0.79 PraxisPrecision PRAX ... dd 1.07 +0.07 ... 17.99 5.30 SilenceTherap SLN ... dd 5.33 –0.87 ...
34.62 13.76 OrthofixMed OFIX ... dd 19.93 +1.68 ... 31.37 14.08 RevolutionMed RVMD ... dd 24.29 +2.15 ...
1.42 0.38 NeoleukinTherap NLTX ... dd .85 +0.06 ... 2.90 0.81 Precigen PGEN ... dd 1.22 +0.17 ... 50.00 31.30 Silicom SILC ... 13 34.30 –1.90 ...
60.75 35.67 OrthoPediatrics KIDS ... cc 49.33 +0.93 ... 32.50 24.54 ReynoldsCnsmr REYN 3.3 22 27.48 +0.17 .23
21.74 7.07 NerdWallet NRDS ... dd 15.02 +0.90 ... 2.38 0.68 PrecisionBio DTIL ... dd .91 +0.06 ... 194.68 109.44 SiliconLab SLAB ... 65 166.50 –1.28 ...
82.46 52.60 OtterTail OTTR 2.4 11 73.99 +0.31.4375 34.99 3.04 RhythmPharm RYTM ... dd 20.80 +1.40 ...
79.09 58.08 NetApp NTAP 3.2 11 63.21 –3.14 .50 77.75 49.82 PreferredBankLA PFBC 4.3 5 51.15 +0.92 .55 98.65 51.82 SiliconMotion SIMO 3.1 12 63.41 –2.76 .50
10.09 3.33 Outbrain OB ... dd 4.17 –0.16 ... 4.84 2.19 RibbonComms RBBN ... dd 2.54 –0.26 ...
108.77 53.09 NetEase NTES 1.5 20 90.20 –0.24 .27 130.00 57.71 PreformedLine PLPC .6 12 127.06 +1.71 .20 58.04 27.30 SilkRoadMed SILK ... dd 46.14 +4.96 ...
41.00 11.41 OutsetMedical OM ... dd 18.09 +0.03 ... 27.24 11.28 RichardsonElec RELL 1.5 8 15.69 –1.92 .06
379.43 162.71 Netflix NFLX ... 35 327.98 –10.65 ... 8.90 3.87 PreludeTherap PRLD ... dd 6.14 –1.98 ... 12.94 7.70 SilverSpikeInvt SSIC ... 28 8.00 –0.54 ...
39.24 17.05 Overstock OSTK ... dd 17.86 –1.11 ... 2.77 0.64 RigelPharm RIGL ... dd 1.19 –0.04 ...
26.79 17.02 Netgear NTGR ... dd 17.56 –0.83 ... 30.80 18.60 PremierFinl PFC 6.6 7 18.80 –0.54 .31 22.33 14.94 SilvercrestAsset SAMG 3.8 10 18.96 +0.55 .18
3.23 1.41 OvidTherap OVID ... dd 3.22 +0.12 ... 7.25 3.50 RiminiStreet RMNI ... dd 3.91 –0.09 ...
38.02 26.69 NetScout NTCT ... 37 28.27 –0.97 ... 38.98 30.62 Premier PINC 2.5 23 33.01 +0.88 .21 25.88 16.07 SimmonsFirstNat SFNC 4.8 8 16.54 –0.04 .20
7.19 4.83 OxfordLane OXLC17.3 4 5.21 +0.05 .075 8.00 5.03 RiverviewBncp RVSB 4.4 6 5.44 –0.05 .06
129.29 75.25 Neurocrine NBIX ... 68 104.17 +1.39 ... 8.75 0.70 Prenetics PRE ... dd .83 +0.03 ... 67.59 32.58 SimulationsPlus SLP .6 85 43.14 –0.55 .06
4.29 2.82 OxfordSquare OXSQ13.8 dd 3.05 –0.07 .035 40.86 11.88 Rivian RIVN ... dd 12.25 –1.13 ...
6.95 1.98 Neuronetics STIM ... dd 2.20 –0.02 ... 10.70 1.23 PrestoAutomation PRST ... 5 3.61 +2.22 ... 26.30 12.64 SinclairBroadcast SBGI 5.1 1 19.42 –1.09 .25
PQ 12.76 6.81 Robinhood HOOD ... dd 9.64 –0.36 ... 4.86 1.00 SingularGenomics OMIC ... dd 1.05 +0.02 ...
8.68 1.22 NeuroPace NPCE ... dd 4.25 –0.55 ... 82.61 56.29 PriceSmart PSMT 1.2 22 74.90 –1.45 .46 23.48 7.57 RocketPharm RCKT ... dd 18.54 +0.70 ...
63.06 26.14 NewFortressEner NFE .3 32 29.92 –0.58 .10 37.45 24.41 PAM Transport PTSI ... 6 25.19 –0.53 ... 21.73 11.07 PrimeMedicine PRME ... dd 13.37 –0.02 ... 6.85 3.43 SiriusXM SIRI 2.5 13 3.84 –0.12.0242
41.27 18.00 RockyBrands RCKY 2.4 9 25.58 –0.26 .155 234.89 73.10 SiTime SITM ... cc 117.46 –3.59 ...
13.66 11.09 NewMtnFin NMFC10.9 16 11.76 –0.26 .32 6.19 4.90 P&FIndustries PFIN 3.9 dd 5.16 –0.02 .05 10.52 9.88 PrimeNumberI A PNAC ... cc 10.45 +0.06 ... 8.25 4.77 RockyMtnChoc RMCF ... dd 5.23 –0.06 ... 10.70 9.97 SizzleAcqn SZZL ... dd 10.49 ... ...
10.83 9.87 NewProvidenceII A NPAB ... cc 10.41 +0.04 ... 22.48 13.02 PCB Bancorp PCB 4.6 6 13.11 –0.08 .15 0.26 0.08 PrimeNumberI Rt PNACR ... ... .17 –0.01 ... 10.00 2.52 RoivantSciences ROIV ... dd 8.96 +1.85 ... 23.25 17.50 SkywardSpecIns SKWD ... 56 21.75 +0.57 ...
13.44 8.28 NY Mortgage NYMT15.7 dd 10.21 +0.23 .40 56.68 37.76 PCConnection CNXN .8 12 40.59 –4.70 .08 14.41 9.17 PrimisFinl FRST 4.2 13 9.52 –0.13 .10 110.56 38.26 Roku ROKU ... dd 58.05 –3.67 ... 32.63 14.76 SkyWest SKYW ... 17 24.21 +0.56 ...
32.88 7.52 NewAmstPharma NAMS ... dd 15.52 +2.12 ... 5.68 3.90 PCTEL PCTI 4.7 31 4.71 +0.26 .055 37.60 26.57 PrincetonBncp BPRN 3.8 8 31.85 –0.72 .30 36.90 3.31 Root ROOT ... dd 3.83 –0.17 ...
10.70 10.00 NewcourtAcqnA NCAC ... 39 10.60 +0.01 ... 89.22 51.72 PDC Energy PDCE 2.5 4 65.21 –4.35 .40 96.17 61.05 PrincipalFinl PFG 3.4 4 75.15 –0.74 .64 123.69 76.16 Skyworks SWKS 2.3 15 106.72 –3.36 .62
11.89 9.92 RoseHillAcqn ROSE ... 33 10.52 –0.05 ... 50.61 23.61 SleepNumber SNBR ... 16 24.88 –1.50 ...
24.70 11.25 NewellBrands NWL 7.5 24 12.23 –0.19 .23 106.38 31.01 PDD PDD ... 22 69.23 +1.55 ... 44.64 17.99 PriviaHealth PRVA ... dd 26.23 +1.51 ... 122.45 69.24 RossStores ROST 1.3 24 106.32 +1.72 .335
11.20 9.72 NewHoldInvtIIA NHIC ... cc 10.21 +0.04 ... 43.25 19.34 PDF Solutions PDFS ... dd 40.09 –1.19 ... 9.50 3.68 Procaps PROC ... dd 4.70 +0.42 ... 4.47 1.37 SmartSand SND ... dd 1.66 –0.02 ...
10.84 9.77 RothCHAcqnV ROCL ... dd 10.34 +0.01 ... 1.61 0.60 SmartShareGlbl EM ... dd 1.06 +0.04 ...
13.52 6.24 Newmark NMRK 1.9 14 6.33 –0.10 .03 39.35 25.49 PENN Entmt PENN ... 24 29.64 +0.93 ... 27.00 10.15 ProFrac ACDC ... 9 11.32 –1.73 ... 6.52 3.14 Rover ROVR ... dd 4.38 –0.02 ...
21.69 14.87 NewsCorp A NWSA 1.2 34 17.28 –0.12 .10 10.35 1.59 PLBY Group PLBY ... dd 1.69 ... ... 59.36 40.33 ProgressSoftware PRGS 1.2 25 56.66 +0.04 .175 2.26 0.31 SmileDirectClub SDC ... dd .41 –0.02 ...
144.96 84.54 RoyalGold RGLD 1.2 35 130.01 –11.36 .375 16.72 8.21 Smith&Wesson SWBI 3.2 9 12.31 +0.09 .10
21.86 15.15 NewsCorp B NWS 1.1 34 17.44 –0.11 .10 18.12 3.84 PMV Pharm PMVP ... dd 4.76 +0.37 ... 46.50 25.67 Progyny PGNY ... cc 34.64 +2.25 ... 44.66 32.68 RoyaltyPharma RPRX 2.2 cc 36.10 –0.16 .20
26.57 11.19 NewtekOne NEWT18.9 ... 12.05 –1.00 .18 44.03 29.69 PRA Group PRAA ... 13 37.80 –0.88 ... 10.70 9.66 ProjectEnReimag PEGR ... 25 10.24 +0.02 ... 13.99 7.02 SnapOne SNPO ... dd 9.51 +0.08 ...
62.20 42.72 RushEnt A RUSHA 1.5 8 54.24 +0.08 .21 3.07 0.50 SoYoungIntl SY ... dd 2.79 –0.11 ...
3.35 0.19 NexImmune NEXI ... dd .40 +0.01 ... 52.40 25.90 ProceptBio PRCT ... dd 36.49 +0.47 ... 195.00 21.50 PrometheusBio RXDX ... dd 194.07 +80.06 ... 65.60 45.28 RushEnt B RUSHB 1.4 9 59.22 –0.67 .21
217.76 151.01 NexstarMedia NXST 3.1 7 172.71 –5.82 1.35 139.91 96.55 PTC PTC ... 44 126.59 –1.14 ... 11.30 4.57 ProSomnus OSA ... dd 5.11 –0.05 ... 10.50 9.76 SocialLvgI A SLAC ... 21 10.07 +0.01 ...
21.83 14.65 RuthsHospitality RUTH 3.9 14 16.37 –0.30 .16 8.52 4.24 SoFiTech SOFI ... dd 5.94 +0.02 ...
5.27 1.16 NextCure NXTC ... dd 1.54 +0.04 ... 55.70 25.01 PTC Therap PTCT ... dd 55.13 +5.86 ... 8.47 6.09 ProspectCapital PSEC10.5 87 6.87 –0.02 .06 18.60 9.78 RxSight RXST ... dd 17.75 +0.16 ...
8.10 3.10 Nexters GDEV ... 11 5.70 +1.20 ... 76.72 51.33 Paccar PCAR 1.4 13 73.15 +0.43 .25 25.69 6.91 ProtagonistTherap PTGX ... dd 24.02 +5.28 ... 18.30 13.08 Sohu.com SOHU ... dd 13.84 –0.19 ...
99.34 55.90 Ryanair RYAAY ... 16 94.76 +1.28 ... 7.40 3.24 SolGelTech SLGL ... dd 3.88 –0.02 ...
21.99 16.13 NextGenHlthcr NXGN ... 54 18.06 +0.56 ... 14.20 3.85 PacBiosciCA PACB ... dd 11.01 –0.19 ... 4.82 2.38 ProtaraTherap TARA ... dd 3.51 +0.60 ...
37.83 28.24 NEXTracker NXT ... ... 34.59 –0.25 ... 37.50 22.05 PacificPremBncp PPBI 5.9 7 22.34 –0.14 .33 7.71 1.07 Proterra PTRA ... dd 1.17 –0.08 ... S 375.90 190.15 SolarEdgeTech SEDG ... cc 319.20 +18.74 ...
10.75 4.92 NicholasFin NICK ... dd 4.94 –0.06 ... 76.94 35.35 PaciraBioSci PCRX ... cc 47.50 +5.05 ... 66.47 21.06 Prothena PRTA ... dd 54.52 +4.09 ... 38.43 26.51 S&T Bancorp STBA 4.6 7 27.67 –1.63 .32 14.25 3.40 SolidBiosci SLDB ... dd 4.86 –0.21 ...
8.97 0.81 Nikola NKLA ... dd .92 +0.10 ... 12.46 7.55 PactivEvergreen PTVE 4.9 5 8.09 +0.05 .10 24.49 3.19 ProventionBio PRVB ... dd 24.32 –0.03 ... 379.99 236.20 SBA Comm SBAC 1.3 61 256.88 –1.65 .85 9.40 1.95 SolidPower SLDP ... dd 2.31 –0.40 ...
22.00 1.49 9F JFU ... dd 2.80 +0.20 ... 35.87 5.00 PacWestBancorp PACW 8.9 3 11.29 +1.31 .25 15.85 13.29 ProvidentFin PROV 4.1 11 13.52 –0.05 .14 3.84 1.15 SCYNEXIS SCYX ... dd 3.17 +0.03 ... 7.06 1.98 SomaLogic SLGC ... dd 3.08 +0.02 ...
26.00 6.38 908Devices MASS ... dd 7.85 –0.48 ... 203.44 132.22 PaloAltoNtwks PANW ... cc 193.25 –6.19 ... 24.79 12.19 PubMatic PUBM ... 28 14.08 –0.17 ... 64.69 46.30 SEI Investments SEIC 1.4 20 58.43 +0.34 .43 4.74 0.48 Sonder SOND ... dd .54 +0.02 ...
9.99 2.57 NiuTech NIU ... dd 3.71 –0.02 ... 95.20 43.64 Palomar PLMR ... 26 52.85 –1.10 ... 27.47 4.07 Pulmonx LUNG ... dd 12.50 +1.60 ... 10.89 9.93 ShuaaPtrsI A SHUA ... cc 10.53 +0.02 ... 6.44 0.25 Sono SEV ... ... .26 –0.03 ...
20.35 3.12 Nkarta NKTX ... dd 4.77 +0.25 ... 104.30 66.74 PapaJohn's PZZA 2.2 40 75.19 –1.87 .42 5.16 1.60 PumaBiotech PBYI ... ... 2.78 –0.25 ... 22.51 11.14 SI-BONE SIBN ... dd 22.19 +2.32 ... 24.64 13.65 Sonos SONO ... cc 20.45 +0.17 ...
14.84 8.22 nLIGHT LASR ... dd 8.92 –0.27 ... 10.75 9.90 PapayaGrowthI A PPYA ... cc 10.41 +0.01 ... 38.90 18.15 PureTechHealth PRTC ... dd 27.50 ... ... 26.99 5.11 SIGA Tech SIGA .0 12 5.71 –0.24 .45 7.95 1.69 SophiaGenetics SOPH ... dd 4.65 +0.28 ...
230.20 1.65 Nogin NOGN ... dd 2.22 –0.65 ... 36.97 17.75 ParamountA PARAA 3.7 16 25.68 +0.96 .24 6.76 2.20 PurpleInnovation PRPL ... dd 2.70 +0.16 ... 12.50 9.87 SKGrowthOppsA SKGR ... cc 10.44 +0.01 ... 24.90 5.78 SoteraHealth SHC ... dd 16.81 +0.08 ...
6.78 4.25 Noodles NDLS ... dd 4.87 –0.29 ... 34.50 15.29 ParamountB PARA 4.3 14 22.53 +0.95 .24 9.63 4.10 Puyi PUYI ... dd 5.61 –0.16 ... 20.17 10.81 SLM SLM 3.0 9 14.67 +0.35 .11 3.11 1.48 SotherlyHotels SOHO ... 1 1.93 ... ...
251.26 194.89 Nordson NDSN 1.2 26 218.84 +0.97 .65 3.65 1.29 ParatekPharm PRTK ... dd 2.49 –0.23 ... 6.92 1.10 PyxisOncology PYXS ... dd 3.31 –0.16 ... 17.64 12.08 SLR Invt SLRC11.3 42 14.49 –0.52.1367 11.51 9.96 SoundPointA SPCM ... 21 10.58 +0.02 ...
48.50 33.15 NortheastBank NBN .1 7 36.39 +1.59 .01 7.98 0.75 PardesBiosci PRDS ... dd 1.73 +0.07 ... 62.85 40.31 QCR Holdings QCRH .6 7 41.05 –0.57 .06 25.40 12.04 SMART Global SGH ... cc 15.77 –0.61 ... 31.96 20.36 SouthPlainsFin SPFI 2.5 6 20.88 –0.21 .13
15.00 9.05 NorthernTechsIntl NTIC 2.3 38 11.94 –0.26 .07 21.36 9.23 Park-Ohio PKOH 4.0 dd 12.45 +0.09 .125 2.14 0.70 QilianIntl QLI .0 39 1.18 –0.02 .05 18.89 0.73 SMXSecurityMatters SMX ... dd 1.12 –0.98 ... 91.74 66.56 SouthState SSB 2.9 10 68.83 +1.22 .50
113.16 76.15 NorthernTrust NTRS 3.5 14 85.30 –2.62 .75 2.89 0.95 PassageBio PASG ... dd .98 –0.09 ... 121.27 75.38 Qorvo QRVO ... 22 92.95 –0.63 ... 2.41 0.73 SPI Energy SPI ... dd 1.40 +0.26 ... 49.96 28.11 SouthernFirstBcsh SFST ... 8 28.82 –1.41 ...
16.13 10.75 NorthfieldBanc NFBK 4.7 8 11.04 +0.07 .13 52.71 31.16 PathwardFinl CASH .5 10 41.56 +0.08 .05 156.66 101.93 Qualcomm QCOM 2.7 11 117.76 –2.40 .80 39.60 27.69 SP Plus SP ... 16 34.75 +0.54 ... 56.04 35.23 SoMO Bancorp SMBC 2.3 8 36.19 +0.66 .21
56.77 38.42 NorthrimBanCorp NRIM 4.5 8 44.87 –0.30 .60 17.65 12.25 PatriaInvts PAX 5.6 37 15.08 +0.17 .308 25.18 9.32 QualtricsIntl XM ... dd 17.96 ... ... 157.46 96.41 SPS Commerce SPSC ... cc 152.12 +0.63 ... 31.00 20.27 SouthernStBcsh SSBK 1.6 8 23.15 –0.71 .09
10.75 9.83 NorthViewAcqn NVAC ... 35 10.49 +0.14 ... 11.05 9.95 PatriaLatAm PLAO ... 33 10.60 +0.05 ... 162.36 101.10 Qualys QLYS ... 45 123.61 –4.94 ... 71.18 45.25 SS&C Tech SSNC 1.4 23 57.01 –0.47 .20 42.01 31.18 SouthsideBcshs SBSI 4.2 10 33.01 +0.54 .35
0.20 0.06 NorthViewRt NVACR ... ... .18 ... ... 77.96 41.75 PatrickIndustries PATK 2.6 5 69.49 +0.61 .45 13.79 9.89 QuantaSing QSG ... ... 10.90 +0.33 ... 23.66 12.78 SSR Mining SSRM 1.9 17 14.91 –0.88 .07 17.92 12.50 SovosBrands SOVO ... dd 16.92 –0.46 ...
15.35 11.28 NorthwestBcshs NWBI 7.0 11 11.46 +0.01 .20 16.35 8.79 PatriotNatBncp PNBK ... 6 9.26 –0.09 ... 25.49 6.31 Quanterix QTRX ... dd 12.92 +0.01 ... 16.60 10.08 SabraHealthcare SBRA10.7 dd 11.18 –0.47 .30 37.75 23.71 SpartanNash SPTN 3.5 26 24.73 +0.38 .215
40.60 25.71 NorthwestPipe NWPX ... 9 28.80 –0.26 ... 9.80 6.95 PatriotTransport PATI ... 27 9.60 +0.21 ... 2.24 0.86 Quantum QMCO ... dd .98 +0.01 ... 11.21 3.66 Sabre SABR ... dd 3.75 –0.32 ... 1.57 0.32 SpectrumPharm SPPI ... dd .70 +0.01 ...
62.95 48.68 Northwestern NWE 4.3 18 59.27 +0.68 .64 34.27 23.87 Patterson PDCO 3.8 14 27.42 +0.86 .26 4.65 1.47 Quantum-Si QSI ... dd 1.60 +0.08 ... 99.75 71.00 SafetyInsurance SAFT 4.8 24 74.38 –0.02 .90 5.65 0.68 SperoTherap SPRO ... dd 1.70 –0.02 ...
34.75 23.00 NorwoodFin NWFL 4.3 8 27.02 –0.39 .29 20.53 10.40 PattersonUTIEn PTEN 2.7 17 11.84 –0.20 .08 7.30 1.07 Quhuo QH ... ... 1.50 –0.28 ... 29.75 21.70 SagaComm SGA 4.4 15 22.90 –0.85 .25 129.25 65.00 Splunk SPLK ... dd 91.12 +0.12 ...
111.00 67.40 Nova NVMI ... 21 93.37 –2.18 ... 139.47 105.66 Paychex PAYX 2.9 26 109.52 +1.60 .79 110.55 66.88 QuidelOrtho QDEL ... 7 91.00 –3.16 ... 10.99 9.88 SagaliamAcqnA SAGA ... dd 10.58 +0.10 ... 12.42 6.13 SpokHoldings SPOK10.5 11 11.89 –0.07.3125
173.10 110.84 Novanta NOVT ... 77 158.89 +1.29 ... 34.95 20.14 PaycorHCM PYCR ... dd 24.59 –0.25 ... 4.04 0.54 QuinceTherap QNCX ... dd 1.58 +0.04 ... 0.20 0.05 SagaliamAcqnRt SAGAR ... ... .15 +0.04 ... 14.56 7.10 Sportradar SRAD ... cc 11.90 +0.28 ...
76.77 5.61 Novavax NVAX ... dd 8.68 –0.48 ... 276.88 152.01 Paylocity PCTY ... cc 193.93 –3.89 ... 18.18 8.28 QuinStreet QNST ... dd 11.84 –1.40 ... 49.56 27.36 SageTherap SAGE ... dd 47.48 +3.51 ... 11.11 5.93 SportsmansWrhs SPWH ... 6 6.14 –1.04 ...
120.03 56.06 Novocure NVCR ... dd 62.78 +0.06 ... 8.04 3.33 Payoneer PAYO ... dd 5.66 +0.04 ... 21.93 3.04 QurateRetailB QRTEB ... dd 4.10 –0.16 ... 306.40 168.03 Saia SAIA ... 21 279.98 +18.52 ... 13.45 9.90 SportsMapTech SMAP ... cc 10.43 +0.01 ...
16.55 2.60 Novonix NVX ... dd 2.73 –0.24 ... 103.03 66.39 PayPal PYPL ... 35 74.18 –2.35 ... 4.57 0.71 QurateRetailA QRTEA ... dd .72 –0.08 ... 3.15 0.96 SalemMedia SALM ... dd 1.05 ... ... 10.79 10.00 SpringValleyII A SVII ... ... 10.42 +0.01 ...
10.66 9.94 NubiaBrandA NUBI ... cc 10.52 +0.05 ... 42.19 27.12 PeapackGladFinl PGC .7 7 27.41 –0.18 .05 9.55 2.99 SanaBiotech SANA ... dd 5.24 +0.05 ... 0.22 0.10 SpringValleyII Rt SVIIR ... ... .20 ... ...
2.24 0.52 NuCana NCNA ... dd .94 +0.05 ... 10.73 9.84 PearlHldgsAcqnA PRLH ... cc 10.46 +0.01 ... R 43.62 22.48 SandySpringBncp SASR 5.6 6 24.23 +0.84 .34 5.44 0.41 SpringBig SBIG ... dd .73 +0.04 ...
19.91 7.52 NurixTherap NRIX ... dd 10.80 –1.42 ... 78.22 29.05 Pegasystems PEGA .3 dd 47.43 +1.75 .03 32.45 9.86 RaptTherap RAPT ... dd 19.76 +2.99 ... 104.25 67.02 Sanfilippo JBSS .7 19 102.31 +2.44 1.00 51.04 13.60 SpringWorks SWTX ... dd 23.95 +0.02 ...
33.73 13.44 Nutanix NTNX ... dd 24.83 –0.67 ... 20.88 6.66 Peloton PTON ... dd 9.48 –0.10 ... 23.88 13.56 RBB Bancorp RBB 4.6 4 14.05 +0.05 .16 6.42 1.35 SangamoTherap SGMO ... dd 1.66 +0.01 ... 35.67 22.56 SproutsFarmers SFM ... 14 33.11 –0.02 ...
40.43 7.09 Nuvalent NUVL ... dd 34.54 +6.20 ... 19.48 8.68 Pennant PNTG ... 59 12.78 –0.33 ... 97.45 46.49 RCI Hospitality RICK .3 15 74.95 –0.21 .06 12.10 3.30 SangomaTechs SANG ... dd 3.65 +0.15 ... 3.57 0.95 SpruceBio SPRB ... dd 2.17 +0.23 ...
59.06 35.17 Nuvasive NUVA ... 68 42.92 +0.42 ... 28.00 21.50 PennsWoodsBncp PWOD 5.5 9 23.30 –0.06 .32 28.82 10.11 RCM Tech RCMT ... 6 12.05 –0.07 ... 69.28 37.76 Sanmina SANM ... 12 53.96 –2.35 ... 112.27 46.36 StaarSurgical STAA ... 89 70.25 +3.78 ...
62.53 23.71 Nuvei NVEI ... cc 41.89 –0.31 ... 32.24 24.68 PeoplesBncpOH PEBO 6.0 7 25.35 +0.53 .38 2.20 0.27 REE Automotive REE ... dd .29 –0.04 ... 56.79 36.91 Sanofi SNY 2.4 16 56.70 +0.55.2972 9.23 4.80 Stagwell STGW ... 61 6.45 +0.12 ...
281.10 108.13 NVIDIA NVDA .1 cc 271.19 +3.61 .04 34.88 24.42 PeoplesBncpNC PEBK 2.6 10 29.57 –0.77 .19 35.73 17.03 REGENXBIO RGNX ... dd 19.07 +0.11 ... 26.66 16.18 SapiensInt SPNS 2.3 22 20.68 –0.68 .47 3.15 0.92 StdBioTools LAB ... dd 1.75 –0.05 ...
17.22 4.36 Nyxoah NYXH ... dd 10.34 +1.35 ... 59.99 40.85 PeoplesFinSvcs PFIS 4.0 8 41.50 +0.14 .41 11.54 9.40 RF Acqn RFACU ... ... 10.35 ... ... 5.00 0.38 SarcosTech&Robotic STRC ... dd .40 –0.08 ... 33.99 16.85 StarBulkCarriers SBLK24.6 4 20.72 –1.46 .60
April 24, 2023 BARRON’S 53

D ATA NASDAQ ISSUES FOREIGN MARKETS

52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div 52-Week Tick Div
High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt. High Low Name Sym Yld P/E Last Chg. Amt.
1.14 0.72 StarEquity STRR ... dd .80 –0.01 ... 36.60 8.05 Torm TRMD14.2 5 32.55 –0.59 2.59 8.70 1.77 VerricaPharm VRCA ... dd 6.51 +0.31 ... 51.77 34.83 WSFS Financial WSFS 1.6 11 37.49 +0.80 .15 XYZ
20.79 15.67 StarWi STHO ... ... 16.93 +1.06 ... 49.13 39.72 TowerSemi TSEM ... 19 44.80 –0.49 ... 11.00 6.55 VersaBank VBNK .9 11 7.64 +0.09.0182 10.44 3.28 WW Intl WW ... dd 8.47 +0.91 ...
110.83 68.39 Starbucks SBUX 2.0 38 108.19 +0.72 .53 33.42 24.30 TowneBank TOWN 3.7 9 24.55 –0.22 .23 22.98 9.44 Vertex VERX ... dd 22.14 –0.31 ... 13.13 1.58 Wag! PET ... dd 2.30 +0.02 ... 8.00 4.95 XIAO-I AIXI ... ... 5.50 –0.64 ...
4.18 2.15 StealthGas GASS ... 3 2.65 –0.10 ... 251.17 166.49 TractorSupply TSCO 1.7 26 248.59 +10.64 1.03 335.28 233.01 VertexPharm VRTX ... 26 331.09 –2.43 ... 46.80 30.39 WalgreensBoots WBA 5.4 dd 35.27 –0.05 .48 32.09 15.68 XOMA XOMA ... dd 18.58 –1.09 ...
136.46 62.44 SteelDynamics STLD 1.5 6 110.05 +5.59 .425 76.75 39.00 TradeDesk TTD ... cc 62.19 +1.50 ... 43.00 10.70 VerveTherap VERV ... dd 16.89 +1.84 ... 17.95 6.87 WalkMe WKME ... dd 10.71 –0.21 ... 26.86 10.30 XP XP ... 11 13.45 –0.42 ...
36.09 22.43 StellarBancorp STEL 2.3 15 22.62 –0.23 .13 81.98 51.47 Tradeweb TW .5 49 72.31 +1.71 .09 45.45 11.45 ViaRenewables VIA 30.4 20 11.91 –4.65.9063 21.94 8.82 WarnerBrosA WBD ... dd 13.58 –0.20 ... 9.10 3.00 XBiotech XBIT ... dd 3.46 –0.10 ...
32.12 21.98 StepStone STEP 3.4 dd 23.24 +0.39 .20 8.50 3.60 TransActTechs TACT ... dd 6.12 –0.02 ... 6.82 3.15 ViantTech DSP ... dd 4.33 –0.06 ... 38.76 21.57 WarnerMusic WMG 2.1 33 31.13 –0.23 .16 1.99 0.56 XcelBrands XELB ... dd .56 –0.06 ...
57.10 39.63 Stericycle SRCL ... 69 42.07 +0.07 ... 91.71 50.32 Transcat TRNS ... 62 81.20 –1.22 ... 44.77 25.38 ViaSat VSAT ... dd 35.76 +2.75 ... 39.17 28.11 WashingtonFederal WAFD 3.5 7 28.78 +0.07 .25 77.66 56.89 XcelEnergy XEL 3.0 22 70.44 +0.30 .52
27.86 10.58 SterlingCheck STER ... 59 11.24 +0.30 ... 2.90 0.28 TransCodeTherap RNAZ ... dd .35 –0.04 ... 12.40 8.42 Viatris VTRS 5.0 6 9.65 –0.22 .12 55.93 31.92 WashTrBcp WASH 6.8 8 32.77 +0.15 .56 38.20 19.36 Xencor XNCR ... dd 28.79 –0.43 ...
42.00 20.46 SterlingInfr STRL ... 13 37.10 +0.38 ... 90.15 20.36 TransMedics TMDX ... dd 88.73 +22.50 ... 16.00 8.88 ViaviSolutions VIAV ... 27 8.93 –1.31 ... 18.93 14.01 WaterstoneFinl WSBF 5.6 16 14.39 –0.08 .20 41.39 24.94 XenonPharm XENE ... dd 39.39 +3.79 ...
45.04 26.36 StevenMadden SHOO 2.4 13 35.00 –1.22 .21 88.55 31.19 TravelCenters TA ... 8 88.02 +0.82 ... 82.40 38.71 Vicor VICR ... 74 42.44 –1.92 ... 70.18 16.96 WeatherfordIntl WFRD ... cc 62.31 –2.90 ... 2.53 0.97 XerisBiopharma XERS ... dd 2.31 +0.14 ...
10.77 2.63 StitchFix SFIX ... dd 4.09 –0.29 ... 8.30 4.10 Travelzoo TZOO ... 11 5.81 –0.19 ... 34.01 22.22 VictoryCapital VCTR 3.5 8 30.44 +0.94 .32 25.57 10.02 Weibo WB ... 47 16.74 –0.59 ... 19.40 11.80 Xerox XRX 7.3 dd 13.76 –0.75 .25
78.71 48.65 StockYardsBncp SYBT 2.3 16 50.15 –1.53 .29 29.15 17.82 TravereTherap TVTX ... dd 21.23 +0.91 ... 2.74 0.31 View VIEW ... dd .33 –0.04 ... 3.12 0.34 Wejo WEJO ... dd .40 ... ... 4.92 1.95 XilioTherap XLO ... dd 3.21 –0.09 ...
22.87 6.88 StokeTherap STOK ... dd 8.68 +0.51 ... 27.97 12.48 TreaceMed TMCI ... dd 26.51 +1.77 ... 4.96 1.15 ViewRay VRAY ... dd 1.22 –0.08 ... 10.56 9.87 WelsbachTech WTMA ... dd 10.40 +0.01 ... 64.35 13.04 Xometry XMTR ... dd 13.90 –1.49 ...
12.63 6.81 StoneCo STNE ... dd 11.74 –0.10 ... 7.34 2.12 TreanInsurance TIG ... dd 6.16 +0.02 ... 16.77 2.18 VigilNeurosci VIGL ... dd 8.77 –0.75 ... 0.27 0.02 WelsbachTechRt WTMAR ... ... .19 +0.05 ... 3.25 0.43 Xos XOS ... dd .53 –0.07 ...
106.35 67.02 StoneX SNEX ... 9 102.53 –0.75 ... 13.48 5.06 TremorIntl TRMR ... 18 5.48 –0.29 ... 21.79 2.02 VikingTherap VKTX ... dd 21.21 +2.46 ... 23.78 15.77 Wendy's WEN 4.4 27 22.66 +1.15 .25 2.23 0.85 Xunlei XNET ... 5 1.61 –0.05 ...
21.44 11.04 Stratasys SSYS ... dd 14.87 –0.11 ... 4.68 1.43 TreviTherap TRVI ... dd 2.98 +1.09 ... 24.53 19.09 VillageSuper A VLGEA 4.5 9 22.02 +0.32 .25 7.51 1.39 WerewolfTherap HOWL ... dd 2.36 –0.21 ... 20.48 2.70 Y-mAbsTherap YMAB ... dd 5.88 –0.66 ...
98.22 59.43 StrategicEd STRA 2.6 48 92.92 –0.90 .60 58.62 37.41 TriCoBancshares TCBK 3.1 10 38.35 –0.48 .30 11.23 3.07 Vimeo VMEO ... dd 3.39 –0.08 ... 50.31 35.84 WernerEnterprises WERN 1.1 12 46.51 –0.57 .13 8.51 1.70 Yellow YELL ... 5 2.03 +0.16 ...
37.72 18.75 Strattec STRT ... 42 19.60 –0.40 ... 32.74 21.41 TriMas TRS .6 17 26.96 –0.10 .04 13.81 7.80 VinciPartners VINP 8.6 11 8.25 –0.65 .17 41.37 28.33 WesBanco WSBC 4.9 9 28.74 –0.23 .35 47.23 36.85 YorkWater YORW 1.8 32 44.33 –0.63.2027
46.44 18.51 StratusProp STRS .0 2 21.50 +1.35 4.67 72.24 46.85 Trimble TRMB ... 26 47.46 –1.47 ... 11.13 0.96 VintageWineEstates VWE ... dd 1.28 +0.01 ... 26.64 16.98 WestBancorp WTBA 5.9 6 17.03 –0.42 .25 10.36 9.80 YottaAcqn YOTA ... cc 10.33 –0.03 ...
4.33 0.40 StrongholdDig SDIG ... dd .98 –0.01 ... 1.50 0.80 TrinityBiotech TRIB ... dd 1.12 +0.28 ... 1.90 0.70 ViomiTech VIOT ... dd 1.01 +0.10 ... 63.86 40.15 WestamericaBncp WABC 4.1 8 40.96 +0.54 .42 0.23 0.06 YottaAcqnRt YOTAR ... ... .15 ... ...
30.00 20.80 StructureTherap GPCR ... ... 25.00 +0.72 ... 18.46 10.23 TrinityCapital TRIN14.9 dd 12.12 –0.53 .47 31.78 18.05 VirBiotech VIR ... 7 25.98 +1.43 ... 12.67 9.80 WesternAcqn WAVS ... dd 10.28 +0.03 ... 1.20 0.34 Yunji YJ ... dd .35 –0.03 ...
30.83 18.89 SummitFin SMMF 4.2 5 19.10 +0.11 .20 40.17 18.46 Trip.com TCOM ... cc 36.57 +1.09 ... 5.75 1.21 ViractaTherap VIRX ... dd 1.32 –0.14 ... 63.26 29.73 WesternDigital WDC ... dd 33.44 –2.02 ... 53.95 20.98 ZaiLab ZLAB ... dd 36.00 –2.52 ...
17.92 12.36 SummitStateBk SSBI 3.4 6 14.10 +0.95 .12 28.05 16.87 Tripadvisor TRIP ... cc 18.01 –0.46 ... 5.07 2.63 VircoMfg VIRC ... dd 4.11 –0.28 ... 10.25 7.13 WestNewEngBncp WNEB 3.6 7 7.74 –0.01 .07 391.76 224.87 ZebraTech ZBRA ... 33 287.90 –15.18 ...
5.78 0.66 SummitTherap SMMT ... dd 1.57 ... ... 10.55 1.00 TritiumDCFC DCFC ... ... 1.07 –0.06 ... 35.71 16.26 VirtuFinancial VIRT 4.9 10 19.53 +0.32 .24 1.60 0.70 WestportFuelSys WPRT ... dd .81 –0.02 ... 32.34 15.55 ZentalisPharm ZNTL ... dd 21.00 +2.76 ...
12.60 6.43 SumoLogic SUMO ... dd 12.00 ... ... 77.28 45.08 TriumphFinl TFIN ... 13 52.75 –3.03 ... 248.23 141.80 VirtusInvtPtrs VRTS 3.5 12 189.06 +4.87 1.65 14.71 9.34 WestrockCoffee WEST ... dd 12.56 +0.15 ... 15.73 0.96 ZeroFox ZFOX ... dd 1.32 –0.03 ...
29.48 13.25 SunCountryAir SNCY ... 67 19.21 +0.59 ... 2.24 0.93 trivago TRVG ... dd 1.44 +0.04 ... 10.55 9.82 ViscogliosiBros VBOC ... dd 10.36 –0.01 ... 32.45 19.89 WeycoGroup WEYS 3.6 9 26.91 +1.23 .24 6.92 4.00 ZevraTherapeutics ZVRA ... dd 5.86 –0.42 ...
11.67 4.85 SunOpta STKL ... dd 8.14 –0.35 ... 3.85 1.30 TrueCar TRUE ... dd 2.59 –0.08 ... 10.56 10.00 VisionSensingA VSAC ... dd 10.55 +0.03 ... 29.83 10.98 Willdan WLDN ... dd 14.93 –0.39 ... 96.28 66.85 ZiffDavis ZD ... 60 74.42 –2.55 ...
28.42 12.03 SunPower SPWR ... 57 14.01 –0.04 ... 82.49 32.76 Trupanion TRUP ... dd 33.38 –8.18 ... 171.66 88.82 Visteon VC ... 34 147.01 –2.73 ... 65.19 30.22 WillisLease WLFC ... cc 49.30 –7.94 ... 48.48 26.21 Zillow A ZG ... dd 44.06 –0.62 ...
39.13 16.69 SunRun RUN ... 28 21.14 +1.70 ... 39.36 29.18 TrustcoBank TRST 4.9 7 29.47 –0.52 .36 22.48 7.39 VitaCoco COCO ... cc 20.68 –0.71 ... 258.93 187.89 WillisTowers WTW 1.4 26 241.26 +3.80 .84 49.32 26.14 Zillow C Z ... dd 45.00 –0.65 ...
119.24 37.01 SuperMicroComp SMCI ... 10 107.32 –1.83 ... 38.47 23.04 Trustmark TRMK 3.9 20 23.57 +0.15 .23 18.18 7.89 VitalFarms VITL ... cc 13.14 –0.33 ... 2.38 0.56 WiMiHologram WIMI ... dd 1.01 –0.06 ... 10.60 9.68 ZimmerEnerA ZT ... 16 10.17 +0.01 ...
19.12 7.14 SuperiorGroup SGC 7.3 dd 7.62 –0.11 .14 4.56 1.45 TScanTherap TCRX ... dd 2.47 +0.28 ... 23.99 14.12 Vitru VTRU ... 26 16.47 –1.01 ... 193.74 67.67 Wingstop WING .4 cc 190.36 +4.97 .19 25.45 5.05 ZimVie ZIMV ... dd 8.25 +0.19 ...
42.09 24.95 SupernusPharms SUPN ... 39 38.73 +2.67 ... 2.90 0.46 Tuniu TOUR ... dd 1.74 –0.15 ... 10.49 6.29 VividSeats SEAT ... 21 7.25 –0.42 ... 347.89 183.94 Winmark WINA .8 32 345.90 +13.22 .80 62.52 22.55 ZionsBancorp ZION 5.6 5 29.35 –0.60 .41
19.35 6.17 TurtleBeach HEAR ... dd 10.86 –0.95 ... 16.88 9.94 Vodafone VOD 8.2 14 11.17 –0.19.4482 97.81 57.48 WintrustFin WTFC 2.3 8 70.37 –1.88 .40 124.05 63.55 ZoomVideo ZM ... cc 63.98 –5.52 ...
2.51 0.60 SurfaceOncol SURF ... dd .64 –0.05 ...
11.29 1.22 TuSimple TSP ... dd 1.31 –0.05 ... 7.57 3.48 VorBiopharma VOR ... dd 4.63 –0.09 ... 5.32 1.18 WISeKey WKEY ... dd 2.43 –0.08 ... 54.43 20.72 ZoomInfoTech ZI ... cc 21.99 –0.16 ...
6.90 1.11 Surgalign SRGA ... dd 1.14 –0.05 ...
6.31 2.00 23andMe ME ... dd 2.09 –0.11 ... 10.82 4.61 VoyagerTherap VYGR ... dd 7.97 –0.10 ... 101.55 53.12 Wix.com WIX ... dd 90.83 +0.85 ... 217.40 98.71 Zscaler ZS ... dd 101.71 –3.74 ...
59.10 20.46 SurgeryPartners SGRY ... dd 40.35 +3.44 ...
15.90 7.91 TwinDisc TWIN ... 14 9.15 –0.07 ... 2.76 0.78 Vroom VRM ... dd .86 –0.06 ... 118.69 79.26 Woodward WWD .9 34 94.10 +1.38 .22 39.60 16.99 Zumiez ZUMZ ... 16 17.90 –0.70 ...
44.24 16.00 Surmodics SRDX ... dd 24.12 +0.59 ...
58.76 12.66 TwistBiosci TWST ... dd 13.75 –0.22 ... 217.45 128.72 Workday WDAY ... dd 190.99 –3.05 ... 10.80 4.11 Zymeworks ZYME ... 5 9.83 –0.10 ...
8.72 3.33 SutroBioph STRO ... dd 4.75 +0.35 ... W
18.88 8.33 2seventybio TSVT ... dd 8.56 –0.76 ... 209.10 58.44 WorldAcceptance WRLD ... 42 88.35 +5.92 ... 1.60 0.37 ZynerbaPharm ZYNE ... dd .40 –0.01 ...
10.67 9.77 SwiftmergeAcqn IVCPU ... ... 10.38 +0.01 ...
13.15 4.70 2U TWOU ... dd 5.05 –0.07 ... 7.12 1.16 WaveLifeSci WVE ... dd 4.32 –0.17 ... 10.75 9.81 WorldwideWebbA WWAC ... 30 10.29 –0.11 ... 17.25 5.84 Zynex ZYXI ... 27 11.96 +0.02 ...
10.79 9.77 SwiftmergeA IVCP ... dd 10.34 +0.01 ...
16.86 4.93 TyraBiosciences TYRA ... dd 14.40 –0.34 ... 209.64 145.16 WD-40 WDFC 1.7 45 197.30 +16.70 .83 117.17 50.20 WynnResorts WYNN ... dd 114.11 +3.12 ... 25.00 1.38 ZyVersaTherap ZVSA ... dd 1.67 –0.12 ...
285.00 1.04 Swvl SWVL ... ... 1.25 +0.17 ...
31.43 8.75 Symbotic SYM ... dd 30.56 +2.62 ... U
172.15 81.13 Synaptics SYNA ... 16 95.13 –2.05 ... 99.40 64.13 UFP Inds UFPI 1.2 7 80.50 +1.94 .25
1.87 0.51 Synchronoss SNCR ... dd .95 –0.01 ... 99.19 51.28 UMB Fin UMBF 2.6 7 58.27 +0.08 .38
29.86
79.77
1.92
13.27
22.89
0.48
SyndaxPharm
SyneosHealth
Synlogic
SNDX ...
SYNH ...
SYBX ...
dd
15
dd
21.50
39.67
.65
+1.50 ...
–0.56 ...
–0.04 ...
5.79
14.97
2.95
9.39
UPFintech
USCB Financial
TIGR ...
USCB ...
dd
...
3.07
9.69
–0.18 ...
+0.11 ... Europe Asia
168.76 102.12 US Lime&Min USLM .5 20 160.50 +6.95 .20
392.79 255.02 Synopsys SNPS ... 62 377.26 –4.42 ... 11.45 9.87 UTA Acqn A UTAA ... cc 10.45 +0.02 ... Hard Charger: Mercedes foresees strong earnings, but inves- Factory Gate: In the reopened China, manufacturing is
2.50 1.71 SyprisSolutions SYPR ... dd 2.15 –0.03 ... 6.60 0.46 uCloudlink UCL ... dd 3.85 +0.14 ... tors fear a price war as Tesla trades margins for market share. recovering more slowly than consumer spending.
12.93 2.42 SyrosPharm SYRS ... dd 2.67 –0.03 ... 17.26 8.40 Udemy UDMY ... dd 8.96 +0.06 ...
T 553.06 330.80 UltaBeauty ULTA ... 23 541.37 +6.71 ...
3.88 0.82 TCR2 Therap TCRR ... dd 1.73 +0.17 ... 39.10 23.32 UltraClean UCTT ... 34 29.69 –0.65 ... S&P Europe BMI 0.37% -0.08% S&P Pan Asia BMI
13.18 5.15 TelaBio TELA ... dd 9.49 –1.31 ... 77.08 33.36 UltragenyxPharm RARE ... dd 42.24 +4.04 ...
5.77 3.67 Ultralife ULBI ... dd 4.06 –0.03 ... Switzerland 1.16 Japan 1.01
6.73 0.58 TFF Pharm TFFP ... dd .65 –0.02 ...
15.85 11.82 TFS Fin TFSL 9.1 44 12.47 –0.16.2825 31.50 20.15 UnionBankshares UNB 6.4 8 22.36 +0.94 .36 France 0.99 Philippines 0.51
10.42 9.89 TGVentureAcqn TGVC ... dd 10.37 –0.01 ... 28.26 12.52 uniQure QURE ... dd 19.78 +0.23 ...
11.35 9.95 TLGY Acqn A TLGY ... 26 10.51 +0.03 ... 55.04 31.58 UnitedAirlines UAL ... 8 44.45 +2.78 ... Denmark 0.85 New Zealand 0.29
1.91 0.51 TMCthemetals TMC ... dd .90 +0.04 ... 44.15 33.07 UnitedBkshrsWV UBSI 4.3 12 33.80 –0.09 .36 Spain 0.49 -0.07 Australia
154.38 120.90 T-MobileUS TMUS ... 71 146.22 –3.37 ... 39.50 25.13 UtdCmtyBks UCBI 3.5 10 26.41 –0.41 .23
44.43 23.09 TPG TPG 5.4 dd 29.69 +0.20 .50 37.26 24.72 UnitedFire UFCS 2.4 47 27.16 –0.09 .16 U.K. 0.48 -0.16 Indonesia
25.05 8.46 TPIComposites TPIC ... dd 12.93 +0.43 ... 25.20 8.60 UnitedGuardian UG 6.3 18 9.81 +0.60 .31
8.38 5.85 UnitedSecBcshrs UBFO 7.2 7 6.11 +0.09 .11 Germany 0.25 -0.46 Hong Kong
139.71 93.53 T.RowePrice TROW 4.4 17 111.96 –1.31 1.22
81.06 34.89 TTEC TTEC 2.9 16 35.42 –1.29 .52 283.09 173.22 UnitedTherap UTHR ... 15 230.76 +2.04 ... Greece 0.20 -0.52 Singapore
17.49 11.53 TTM Tech TTMI ... 13 12.28 –0.25 ... 13.45 3.06 Uniti UNIT18.5 dd 3.24 –0.09 .15
4.93 1.52 Taboola TBLA ... dd 2.37 –0.15 ... 29.88 21.70 UnityBancorp UNTY 2.1 6 23.25 +1.09 .12 Belgium 0.16 -0.52 China
18.50 1.46 UnityBiotech UBX ... dd 2.31 +0.35 ...
6.69 2.09 TabulaRasaHlth TRHC ... dd 5.35 –0.15 ...
155.91 89.41 UnivDisplay OLED 1.0 32 141.74 –3.77 .35
-0.45 Italy -0.60 South Korea
19.58 6.28 TactileSystems TCMD ... dd 18.57 +0.56 ...
137.43 90.00 TakeTwoSoftware TTWO ... dd 124.99 +1.92 ... 30.75 8.76 UnivElectro UEIC ... cc 10.13 –0.03 ... -1.11 Sweden -0.68 India
9.47 0.89 TalarisTherap TALS ... dd 2.46 +0.52 ... 45.00 17.89 UnivLogistics ULH 1.5 5 28.91 –0.05 .105
1.94 0.52 Talkspace TALK ... dd .80 ... ... 10.05 6.52 UnivStainless USAP ... dd 8.62 –0.17 ... -1.13 Netherlands -0.99 Malaysia
2.08 0.48 UniversePharm UPC ... dd .51 –0.01 ...
11.37 10.02 Talon1AcqnA TOAC ... 27 10.59 +0.04 ...
29.06 21.26 UnivestFin UVSP 3.9 8 21.48 –0.50 .21
-1.40 Norway -1.55 Taiwan
110.98 33.52 TandemDiabetes TNDM ... dd 37.48 –4.01 ...
8.56 3.18 TangoTherap TNGX ... dd 3.61 –0.65 ... 31.91 16.82 Upbound UPBD 5.8 cc 23.27 –0.67 .34 -1.90 Finland -1.93 Thailand
8.25 2.06 TarenaIntl TEDU ... 3 3.68 +0.22 ... 16.33 3.64 UplandSoftware UPLD ... dd 3.70 –0.11 ...
10.51 9.85 TargetGlbl I A TGAA ... cc 10.46 +0.02 ... 94.43 12.01 Upstart UPST ... dd 15.02 –0.38 ... Indexes based on S&P Global Broad Market Indices Source: S&P DJ Indices
19.66 10.80 TarsusPharm TARS ... dd 14.95 +3.38 ... 25.05 9.79 Upwork UPWK ... dd 10.60 +0.27 ...
29.74 17.81 UrbanOutfitters URBN ... 16 26.79 +0.28 ...
33.44
6.99
5.09
12.70
4.97
0.61
TaskUs
TatTechnologies
TayshaGene
TASK ...
TATT ...
TSHA ...
32
dd
dd
13.05
5.73
.71
–1.46 ...
–0.41 ...
–0.16 ...
12.63
3.04
4.85
1.22
UroGenPharma
Usio
URGN ...
USIO ...
dd
dd
10.04
1.75
+0.41 ...
–0.08 ...
Key Foreign Stock Market Indexes
109.50 80.10 UtahMedProducts UTMD 1.3 21 93.00 –4.21 .295 Most Recent Week’s Year-to-Date Most Recent Week’s Year-to-Date
11.15 9.94 Tech&TelecomA TETE ... 95 10.69 –0.01 ...
5.03 2.44 UTStarcom UTSI ... dd 3.91 –0.13 ... Close %Chg. Chg. % Chg. Close %Chg. Chg. % Chg.
74.61 33.01 TechTarget TTGT ... 27 34.55 –1.07 ...
10.70 0.91 Uxin UXIN ... 0 .94 –0.26 ... Amsterdam AEX 762.19 +0.10 +73.18 +10.62 Milan FTSE All Share 29927 –0.49 +4207.68 +16.36
8.69 5.16 Ericsson ERIC 3.0 11 5.31 –0.65.0873
18.21 6.00 Telesat TSAT ... dd 8.91 –0.19 ... V
Athens General 1111.33 +0.77 +181.54 +19.52 Oslo Composite 1373.61 –1.06 +10.93 +0.80
4.72 1.08 TelesisBio TBIO ... dd 2.56 –0.50 ... 10.93 9.90 VMGConsumerA VMGA ... cc 10.38 +0.01 ...
12.51 1.98 Telos TLS ... dd 2.06 –0.47 ... Bangkok SET 1558.36 –2.15 –110.30 –6.61 Paris CAC 7577.00 +0.76 +1103.24 +17.04
6.92 2.90 VNET VNET ... dd 2.98 –0.16 ...
15.15 0.48 TempoAutomation TMPO ... dd .70 –0.01 ... 14.75 5.85 VOXX Intl VOXX ... dd 13.61 –0.31 ... Bombay Sensex 59655 –1.28 –1185.68 –1.95 Santiago Selective 3082.02 –4.17 –90.55 –2.85
57.64 23.81 10xGenomics TXG ... dd 53.71 –0.32 ... 59.15 31.85 VSE VSEC .9 20 44.20 +0.65 .10 Brussels Bel-20 3826.30 –0.31 +125.13 +3.38 Sao Paulo Bovespa 104366 –1.80 –5367.78 –4.89
60.08 28.80 Tenable TENB ... dd 46.50 +0.61 ... 7.85 0.73 Vacasa VCSA ... dd .75 –0.05 ...
10.72 1.64 TenayaTherap TNYA ... dd 5.55 +2.68 ... 7.45 2.02 Vaccitech VACC ... 20 2.50 +0.07 ... Buenos Aires Merval 290890 +5.50 +88805 +43.94 Seoul Composite 2544.40 –1.05 +308.00 +13.77
10.58 10.09 TenXKeaneAcqn TENK ... ... 10.40 +0.05 ... 10.86 9.92 VahannaTechI A VHNA ... cc 10.47 +0.02 ... Copenhagen OMX 20 2107.59 +1.07 +272.31 +14.84 Shanghai Composite 3301.26 –1.11 +212.00 +6.86
115.48 67.81 Teradyne TER .4 23 97.99 –2.76 .11 13.07 8.26 ValleyNatlBncp VLY 5.1 8 8.59 +0.14 .11
14.04 1.45 TernsPharm TERN ... dd 13.25 +1.74 ... 34.31 9.54 Valneva VALN ... dd 10.80 –0.54 ... Dublin ISEQ 8510.68 +2.43 +1401.86 +19.72 Shenzhen B Share Idx 1165.74 –1.35 +8.41 +0.73
25.50 17.85 TerritorialBncp TBNK 5.1 10 18.02 –1.72 .23 11.05 9.97 ValuenceI A VMCA ... cc 10.57 ... ... EURO STOXX SXXE 465.19 +0.30 +55.22 +13.47 Singapore FTSE STI 3321.82 +0.58 +70.50 +2.17
344.95 101.81 Tesla TSLA ... 49 165.08 –19.92 ... 11.90 6.06 VandaPharm VNDA ... 59 6.35 –0.11 ...
8.79 4.03 TesscoTech TESS ... dd 8.78 +0.01 ... EURO STOXX 50 SXSE 4408.59 +0.41 +614.97 +16.21 Stockholm OMXS 848.22 –1.23 +66.36 +8.49
23.78 17.22 VarexImaging VREX ... 23 18.04 +0.26 ...
169.67 118.55 TetraTech TTEK .6 25 142.39 –0.38 .23 47.19 15.61 VaronisSystems VRNS ... dd 25.25 +0.30 ... Frankfurt DAX 15881 +0.47 +1958.07 +14.06 STOXX Europe 50 SXSP 4079.60 +0.87 +427.77 +11.71
69.27 45.81 TexasCapBcshs TCBI ... 8 51.86 +2.98 ... 5.89 3.05 VastaPlatform VSTA ... dd 3.83 +0.28 ... Helsinki OMHX 10656 –1.90 –150.99 –1.40 STOXX Europe 600 SXXP 469.00 +0.45 +44.11 +10.38
186.30 144.46 TexasInstruments TXN 2.8 19 177.02 –1.96 1.24 49.31 17.44 Vaxcyte PCVX ... dd 45.12 +8.62 ...
113.20 68.58 TexasRoadhouse TXRH 2.0 28 109.98 +0.09 .55 8.35 1.24 Vaxxinity VAXX ... dd 1.95 –0.15 ... Hong Kong Hang Seng 20075 –1.78 +294.32 +1.49 Sydney S&P/ASX 200 7330.40 –0.42 +291.71 +4.14
37.58 16.59 TheBancorp TBBK ... 12 27.36 +0.36 ... 10.88 3.81 VectivBio VECT ... dd 10.88 +2.29 ... Istanbul IMKB 5012.34 –1.58 –496.82 –9.02 Taipel Weighted 15602 –2.05 +1465.30 +10.36
12.21 1.99 TherapeuticsMD TXMD ... dd 3.74 +0.12 ... 24.78 16.11 VeecoInstr VECO ... 7 18.92 –0.68 ...
12.03 7.53 TheravanceBio TBPH ... dd 11.56 –0.36 ... 47.25 11.07 VentyxBiosciences VTYX ... dd 37.29 +7.44 ... Jakarta Composite 6821.81 –0.08 –28.81 –0.42 Tel Aviv 125 Index 1702.14 –1.77 –111.21 –6.13
14.77 4.01 TheseusPharm THRX ... dd 9.58 +0.11 ... 6.95 2.84 VeraBradley VRA ... dd 5.71 –0.32 ... Johannesburg All Share 77910 –1.22 +4862.39 +6.66 Tokyo Nikkei-225 28564 +0.25 +2469.87 +9.47
26.75 13.95 ThirdCoastBcshs TCBX ... 11 13.98 –0.47 ... 23.39 5.20 VeraTherap VERA ... dd 6.53 +0.26 ... Kuala Lumpur Composite 1422.11 –0.91 –73.38 –4.91 Toronto S&P/TSX 20693 +0.55 +1308.23 +6.75
24.60 3.75 ThirdHarmonic THRD ... ... 4.27 –0.15 ... 32.40 14.85 Veracyte VCYT ... dd 23.14 +1.21 ...
2.39 0.70 36Kr KRKR ... 11 .99 –0.02 ... 22.38 12.20 Veradigm MDRX ... 33 12.70 +0.41 ... LISBON PSI 4646.31 +1.33 +225.88 +5.11 Vienna ATX 3254.00 –0.12 +127.61 +4.08
6.94 3.41 ThorneHealthtech THRN ... 15 4.56 –0.28 ... 1.59 0.29 Verastem VSTM ... dd .37 –0.02 ... London FTSE - 100 7914.13 +0.54 +462.39 +6.21 Wellington S&P/NZX 50 11927 +0.40 +454.26 +3.96
20.80 6.28 Thoughtworks TWKS ... dd 6.39 –0.34 ... 37.28 17.30 Vericel VCEL ... dd 30.80 +0.97 ...
8.14 0.73 ThredUp TDUP ... dd 2.82 –0.18 ... 55.99 31.63 VerintSystems VRNT ... dd 37.02 –1.11 ... Madrid IBEX 35 9415.60 +0.56 +1186.52 +14.42 Zurich Swiss 11460 +1.04 +731.18 +6.81
25.49 9.47 360DigiTech QFIN 3.9 5 17.47 –1.34 .16 224.56 155.25 VeriSign VRSN ... 35 217.56 +1.10 ... Manila Composite 6520.44 +0.59 –45.95 –0.70
10.65 9.70 ThunderBridgeIV A THCP ... 82 10.17 +0.03 ... 215.70 156.05 VeriskAnalytics VRSK .7 33 196.79 +4.93 .34
5.48 2.28 TilrayBrands TLRY ... dd 2.30 –0.07 ... 37.31 16.86 Veritex VBTX 4.5 7 17.71 –0.51 .20 Mexico City IPC 54175 –0.52 +5711.42 +11.78 Indexes are based on local currencies. Because of various holidays and other market closings, the most
recent close is not necessarily that of the week of publication.
35.62 24.05 TimberlandBncp TSBK 3.4 9 27.28 +0.33 .23 14.49 4.57 Veritone VERI ... dd 5.06 –0.39 ...
47.87 21.50 TitanMachinery TITN ... 7 30.68 +1.23 ... 26.44 3.41 VeronaPharma VRNA ... dd 23.32 +1.85 ...
54 BARRON’S April 24, 2023

D ATA TOP 500 EXCHANGE-TRADED PORTFOLIOS B A R R ON S .C OM / D ATA

Tick Div Tick Div Tick Div Tick Div Tick Div
NOTICE TO READERS: Listed are Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt. Name Sym Yld Last Chg. Amt.
the top 500 ETF’s based on weekly iShiBdsDec23Trea IBTD 2.6 24.78 +0.02 .0837 DirexS&P500Br3 SPXS ... 17.51 +0.10 ... InvscNatAMTFrMuni PZA 2.7 23.53 –0.35 .0583 iShMSCIJapan EWJ 1.1 59.01 +0.57 .1243 SPDR Gold GLD ... 184.25 –2.11 ...
volume. iShIntlTreasuryBd IGOV ... 39.96 –0.23 ... DirexS&P500Bl3 SPXL .6 74.12 –0.38 .2619 InvscPreferred PGX 7.0 11.75 +0.07 .0604 iShMSCIMexico EWW 2.6 59.95 +0.10 1.0445 SPDRNuvBBHYMuni HYMB 3.9 24.70 –0.42 .0837
iShJPMUSDEmBd EMB 5.0 84.82 –1.07 .3616 DirexS&PBiotechBr3 LABD 2.0 15.80 –3.17 .2182 InvscS&P500EW RSP 1.8 144.92 +0.27 .6914 iShMSCIPacxJpn EPP 4.2 44.19 –0.32 .7088 SPDRNuveenMuniBd TFI 2.0 46.40 –0.68 .0854
Tick Div
Name Sym Yld Last Chg. Amt. iShMBS MBB 2.6 94.20 –0.23 .2513 DirexS&PBiotechBl3 LABU ... 6.00 +0.82 ... InvscS&P500GARP SPGP 1.2 85.57 –0.20 .2556 iShMSCIPhilippines EPHE 1.7 25.93 –0.25 .1236 SPDRNuveenSTMuni SHM .8 47.23 –0.38 .0351
iShMSCIACWI ACWI 1.7 92.17 –0.13 .6764 DirexS&P500Br1 SPDN 1.6 15.45 +0.03 .0943 InvscS&P500HiBeta SPHB .6 67.68 –0.32 .1243 iShMSCIPoland EPOL 2.4 17.22 +0.54 .2684 SPDRPtfAggBd SPAB 2.7 25.66 –0.08 .0677
Bats iShMSCIACWIxUS ACWX 2.5 49.66 –0.11 .3824 DirexHiBetaBear3X HIBS 1.2 5.45 +0.10 .0646 InvscS&P500HiDiv SPHD 4.1 42.32 +0.02 .1474 iShMSCISaudiArabia KSA 1.8 40.35 +0.30 .40 SPDRPtfDevxUS SPDW 2.8 32.94 +0.06 .3421
ARKGenomicRev ARKG ... 30.58 +0.27 ... iShMSCIACxJpn AAXJ 1.5 66.72 –1.13 .7872 DirexS&POil&GasBr2 DRIP 1.8 14.67 +1.59 .2701 InvscS&P500LowVol SPLV 2.2 63.76 +0.57 .1199 iShMSCISingapore EWS 2.4 20.00 +0.05 .2051 SPDRPtfEM SPEM 3.3 33.90 –0.55 .6539
BlkRkShMaturityBd NEAR 2.5 49.62 +0.06 .161 iShMSCIChina MCHI 1.8 47.99 –0.85 .7115 DirexS&POilBl2 GUSH 1.5 120.96 –14.91 1.1265 InvscS&P500PrVal RPV 2.7 75.37 –0.43 .5006 iShMSCISouthAfrica EZA 3.8 43.06 –0.28 .6573 SPDR PtfHYBd SPHY 6.7 22.82 –0.08 .1329
BlkRkUltShBd ICSH 2.6 50.23 +0.03 .1825 iShMSCIEAFESC SCZ 1.9 60.50 +0.09 1.125 DirexSemiBr3x SOXS 1.3 19.80 +0.90 .1879 InvscS&P500Qual SPHQ 1.8 47.71 –0.08 .2001 iShMSCISthKorea EWY 1.1 61.56 –1.79 .6974 SPDRPtfIntermCpBd SPIB 3.0 32.42 –0.08 .0935
DimenIntlCore2 DFIC 1.5 24.62 +0.01 .0493 iShMSCIEMxChina EMXC 2.7 49.53 –0.87 .8458 DirexSemiBl3 SOXL .8 14.86 –0.72 .025 InvscSrLoan BKLN 5.9 20.97 +0.02 .1372 iShMSCISwitz EWL 1.8 48.10 +0.87 .8573 SPDR PtfIntTrea SPTI 1.8 28.82 –0.08 .067
DimenIntlHiProf DIHP 1.8 24.66 –0.02 .0799 iShMSCIEurFinls EUFN 3.8 19.79 ... .072 DirexScBear3 TZA 1.5 31.67 –0.53 .4602 InvscSolar TAN ... 77.72 +1.39 ... iShMSCITaiwan EWT 5.4 43.95 –1.17 7.5576 SPDRPtfLTCorpBd SPLB 4.4 23.44 –0.09 .0732
DimenIntlSCValue DISV 1.3 24.44 –0.03 .0501 iShMSCITurkey TUR 2.2 33.53 –0.82 .1764 DirexSCBull3 TNA .4 31.45 +0.50 .0375 InvscTotalRetBd GTO 3.8 47.09 –0.09 .161 iShMSCIUK EWU 3.1 33.79 +0.22 .4704 SPDRPtfLgTermTrea SPTL 2.8 30.38 –0.18 .0767
FTCboeVestBf BUFR ... 23.61 –0.01 ... iSh1-5YIGCorpBd IGSB 2.4 50.49 –0.04 .13 DirexTechBear3 TECS 1.2 23.09 +0.46 .2707 InvscVarRtPfd VRP 5.6 22.34 +0.04 .1132 iShNatlMuniBd MUB 2.3 106.90 –1.04 .2277 SPDRPtfMtgBkdBd SPMB 3.0 22.07 –0.04 .0576
GlbXUSInfrDevt PAVE .8 27.58 +0.14 .1407 iSh1-3YTreaBd SHY 1.8 81.94 –0.06 .1802 DirexTechBull3 TECL .4 34.51 –0.72 .0768 InvscWildClnEngy PBW 5.0 36.36 –1.25 .4518 iShRuss2000Val IWN 2.3 135.17 +0.23 .6956 SPDRS&P500Value SPYV 2.1 41.05 +0.16 .1768
GS PhysGold AAAU ... 19.66 –0.23 ... iShPfd&Incm PFF 6.4 31.46 +0.10 .1852 Direx20+YrTrBull TMF 1.7 8.40 –0.18 .0346 iPathBBloomNatGas GAZ ... 10.79 +0.15 ... iShRussMC IWR 1.6 69.75 +0.16 .2564 SPDRPtfS&P1500 SPTM 1.6 50.74 –0.05 .1892
InnovS&P500PwrA PAPR ... 29.54 –0.02 ... iShSelectDiv DVY 3.6 117.82 –0.42 1.0052 ETFMGAltHarvest MJ 5.5 3.22 –0.09 .0656 iShChinaLC FXI 2.6 28.40 –0.31 .5931 iShRussMCGrowth IWP .7 90.60 +0.10 .1413 SPDRPtfS&P500 SPLG 1.6 48.47 –0.04 .1828
InvscRuss1000Dyn OMFL 1.6 47.52 +0.03 .2122 iShSemiconductor SOXX 1.1 416.81 –6.29 1.0724 ETFMGPrmJrSilv SILJ .1 10.99 –0.71 .0057 iShCoreDivGrowth DGRO 2.4 50.88 +0.17 .298 iShRussMCValue IWS 1.9 106.19 +0.38 .4909 SPDRS&P500Growth SPYG 1.0 55.68 –0.25 .179
iPathS&P500VIX VXX ... 39.20 –1.41 ... iSh7-10YTreaBd IEF 2.2 98.57 –0.35 .196 EnSelSectorSPDR XLE 3.9 84.98 –2.25 .7953 iShGrwthAllocation AOR 2.1 50.09 +0.07 .1994 iShRuss1000 IWB 1.5 226.27 –0.28 .8256 SPDRS&P500HiDiv SPYD 4.5 37.95 –0.01 .3874
iShBrdUSDHYCpBd USHY 6.3 35.25 –0.12 .198 iShShortTreaBd SHV 2.3 110.37 +0.11 .3909 FidelityMSCIEn FENY 3.6 22.91 –0.67 .207 iShCoreHiDiv HDV 3.9 103.23 –0.85 1.0421 iShRuss1000Grw IWF .8 244.06 –0.19 .518 SPDRPtfS&P400MC SPMD 1.6 43.77 +0.17 .1607
iShCoreMSCIEAFE IEFA 2.4 68.75 +0.35 .3346 iSh3-7YTreaBd IEI 1.6 117.29 –0.24 .2038 FidelityRealEst FREL 3.9 24.70 +0.36 .328 iShCoreMSCIEM IEMG 2.6 48.36 –0.92 .6589 iShRuss1000Val IWD 2.2 154.13 –0.18 .7632 SPDRPtfS&P600SC SPSM 1.6 37.10 –0.10 .1342
iShCurrMSCIEAFE HEFA 3.0 30.20 +0.21 .1133 iSh20+YTreaBd TLT 2.7 104.40 –0.68 .2688 FidelityTotalBd FBND 3.5 45.96 –0.11 .158 iShCoreMSCIEur IEUR 2.7 54.55 +0.36 .3399 iShRussellTop200Gr IWY .8 138.88 –0.14 .2667 SPDRPtfSTCpBd SPSB 2.5 29.59 –0.01 .09
iShIntlSelDiv IDV 6.5 28.14 –0.24 .2135 iSh0-5YIGCpBd SLQD 2.3 48.45 –0.03 .1131 FinSelSectorSPDR XLF ... 33.22 +0.34 ... iShMSCIIntlDev IDEV 2.4 62.19 +0.26 .3329 iShRussellTop200Vl IWX 2.0 66.30 –0.24 .3105 SPDRShtTermTrea SPTS 1.9 29.13 –0.03 .0875
iShUSAero&Def ITA 1.0 115.57 +0.63 .2796 JPMNasdEqPrem JEPQ 11.5 44.92 +0.02 .4539 FT DJ Internet FDN ... 142.97 –2.57 ... iShCoreS&P500 IVV 1.6 413.89 –0.36 1.6479 iShRussell2000 IWM 1.6 177.56 +1.05 .6307 SPDR PtfTIPS SPIP 6.3 26.35 –0.04 .2257
iShUSHomeConstrn ITB .7 73.92 +3.55 .1401 ProShUltPrQQQ TQQQ .9 26.87 –0.60 .1498 FT EnergyAlpDx FXN 3.7 15.54 –0.60 .2393 iShCoreS&P MC IJH 1.6 248.94 +0.96 .9467 iShRuss2000Gw IWO .8 227.74 +2.18 .4588 SPDRS&PBank KBE 3.4 36.87 +0.38 .2655
iShEdgeMSCIMinEAFE EFAV 2.3 70.44 +1.19 .4969 ProShUltShQQQ SQQQ 1.2 30.73 +0.66 .2045 FTInstPfdSecs FPEI 5.7 16.83 –0.03 .0806 iShCoreS&P SC IJR 1.6 95.02 –0.26 .3293 iShS&P500Grw IVW .9 64.25 –0.30 .1881 SPDR S&P 500 SPY 1.6 412.20 –0.26 1.5062
iShEdgeMSCIMinVlEM EEMV 1.9 55.08 –0.25 .7556 USTrea3mBill TBIL 2.6 50.01 +0.01 .1807 FT LtdDurIG FSIG 3.1 18.78 –0.10 .07 iShCoreS&PTotUS ITOT 1.6 90.93 +0.01 .3516 iShS&P500Value IVE 2.0 152.99 +0.54 .6948 SPDR S&P Home XHB 1.0 69.41 +2.29 .1811
iShEdgeMSCIMinUSA USMV 1.7 73.79 +0.14 .3205 ValkyrieBitcoin BTF ... 10.65 –1.24 ... FT MngstrDiv FDL 3.7 35.86 –0.34 .3097 iShCoreUSAggBd AGG 2.6 99.17 –0.23 .2518 iShS&PGSCIComm GSG ... 20.21 –0.77 ... SPDRS&PInsurance KIE 1.9 40.17 +0.44 .1296
iShEdgeMSCIUSAMom MTUM 2.1 142.41 –1.26 .8036 VanEckGlFallAnglHY ANGL 4.8 27.77 –0.14 .1274 FT PfdSecs FPE 6.2 16.00 –0.11 .0687 iShUSMedDevices IHI .4 56.82 +1.67 .0208 iShS&P100 OEF 1.4 188.61 –0.55 .6566 SPDR S&P Metals XME 1.9 50.19 –2.22 .1691
iShEdgeMSCIUSAQual QUAL 1.4 124.86 –0.14 .3652 VanEckSemicon SMH ... 248.34 –3.74 ... FT TCWUnPlBd UCON 3.8 24.39 +0.12 .085 iShEurope IEV 2.7 52.12 +0.34 .2014 iShShtNatlMuniBd SUB 1.1 104.29 –0.60 .1326 SPDRS&PRegionalBkg KRE 3.5 42.93 +0.62 .3634
iShEdgeMSCIUSAVal VLUE 3.2 91.62 –1.45 .7868 VangdEM GovBd VWOB 5.3 61.39 –0.68 .2882 FT ValLineDiv FVD 2.1 40.63 +0.29 .2076 iShGlblConStaples KXI 1.9 63.81 +1.13 .5883 iShSilver SLV ... 22.98 –0.33 ... SchwabEM Equity SCHE 2.8 24.22 –0.40 .6052
iShExpTechSftwr IGV .0 300.87 –0.42 .0234 VangdGlblxUS RE VNQI .6 41.58 –0.11 .2353 FlexGlbUpstmNatRsc GUNR 3.7 42.84 –1.01 .1653 iShGlobalEnergy IXC 4.8 39.09 –1.00 1.0962 iShTIPSBondETF TIP 5.5 109.74 –0.10 .1274 SchwabFundEmgLrg FNDE 5.3 26.15 –0.40 1.1233
iShFRBd FLOT 3.2 50.50 +0.09 .2243 VangdIntrCorpBd VCIT 3.2 79.87 –0.37 .2497 FSHiYdValScored HYGV 8.1 40.40 –0.14 .3106 iShGlbHlthcr IXJ 1.1 87.24 +0.24 .4397 iSh10-20YTreasBd TLH 3.0 112.70 –0.61 .3723 SchwabFundIntLrgCo FNDF 2.8 32.10 –0.02 .6188
iShIntlAggBd IAGG 2.2 48.72 –0.03 1.0817 VangdIntermTrea VGIT 2.0 59.73 –0.16 .1246 FlexiBx3YDurTIPS TDTT 5.8 24.01 +0.01 .1064 iShGlobalREIT REET 2.5 22.98 +0.40 .1522 iSh10+YIGCpBd IGLB 4.4 51.98 –0.20 .1995 SchwabFundUSLrgCo FNDX 2.0 55.31 –0.22 .2587
iShMSCIChileCap ECH 6.6 27.56 –1.69 .6886 VangdIntlHiDiv VYMI 4.4 63.81 –0.18 .3137 FrankFTSEJapan FLJP 1.8 26.04 +0.27 .2053 iShGoldTr IAU ... 37.59 –0.42 ... iShTreaFRBd TFLO 2.7 50.57 +0.06 .1838 SchwabFundUSSmCo FNDA 1.5 48.00 +0.03 .1402
iShMSCIEmgMulti EMGF 4.1 40.80 –0.67 1.2057 VangdLTCorpBd VCLT 4.4 79.08 –0.33 .3093 GlbXCopperMiners COPX 2.8 40.18 –1.41 .3955 iShGoldTrMicro IAUM ... 19.81 –0.21 ... iShUS Energy IYE 3.6 44.74 –1.13 .3784 SchwabIntmUSTrsr SCHR 2.5 50.20 –0.13 .1355
iShMSCIEurozone EZU 2.4 46.59 +0.17 .1749 VangdLongTrea VGLT 2.8 64.47 –0.42 .1674 GlbXLithium LIT 1.0 59.54 –3.22 .5166 iShiBdsDec25Cp IBDQ 2.5 24.52 –0.02 .063 iShUSRealEst IYR 2.9 84.42 +1.36 .4507 SchwabIntEquity SCHF 2.5 35.82 +0.12 .6274
iShMSCIGlbMet&MnPr PICK 6.8 41.99 –1.28 1.0654 VangdMBS VMBS 2.6 46.36 –0.08 .1161 GlbXRuss2000Cvr RYLD 12.9 18.17 +0.05 .176 iShiBdsDec24Cp IBDP 2.3 24.59 ... .059 iShUSRegBks IAT 4.1 34.96 +0.14 .199 SchwabIntlSC SCHC 1.6 34.05 –0.35 .5605
iShMSCIEAFEGrowth EFG 1.1 96.32 +1.00 .1798 VangdRuss1000Grw VONG .9 62.79 –0.03 .1284 GlbXS&P500Cv XYLD 12.4 40.68 –0.01 .3989 iShiBdsDec27Cp IBDS 3.2 23.75 –0.04 .0732 iShUSTech IYW .5 91.14 –0.89 .101 SchwabSrtTRmUSTrsr SCHO 2.0 48.61 –0.05 .1561
iShMSCIIndia INDA ... 39.88 –0.28 ... VangdRuss1000Val VONV 2.2 67.65 –0.03 .3212 GlbXSilverMiners SIL .4 30.31 –1.80 .0632 iShiBdsDec26Cp IBDR 2.7 23.72 ... .0638 iSh0-5YHYCorpBd SHYG 6.0 41.38 –0.08 .2603 SchwabUS AggrBd SCHZ 2.7 46.68 –0.13 .1263
iShMSCIEAFEValue EFV 3.8 50.00 +0.04 .5357 VangdRuss2000 VTWO 1.6 71.72 +0.42 .2177 GlbX US Pfd PFFD 6.3 20.08 +0.08 .105 iShiBdsDec23Cp IBDO 2.2 25.20 +0.03 .0668 iSh0-5YTIPSBd STIP 5.0 98.94 +0.04 .2036 SchwabUS BrdMkt SCHB 1.6 48.08 –0.01 .1776
iShMtgRealEst REM 11.5 21.85 +0.40 .1483 VangdSTCpBd VCSH 2.3 76.16 –0.09 .1908 GlbX Uranium URA .8 19.18 –0.68 .0492 iShiBoxx$HYCpBd HYG 5.5 74.99 –0.29 .3417 iSh0-3MTreaBd SGOV 2.4 100.52 +0.10 .3616 SchwabUS Div SCHD 3.6 73.16 –0.42 .5965
iShUSTelecom IYZ 2.7 21.81 –0.84 .1643 VangdShtTmInfltn VTIP 5.7 47.74 ... .0287 GSTreasury0-1Y GBIL 2.4 100.04 +0.11 .3563 iShiBoxx$InvGrCpBd LQD 3.5 109.00 –0.39 .3405 JPM AlerianMLP AMJ 6.5 22.46 –0.16 .3967 SchwabUS LC SCHX 1.6 48.62 –0.03 .1798
iShUSTreasuryBd GOVT 2.0 23.25 –0.06 .0435 VangdShortTrea VGSH 1.7 58.36 –0.05 .1427 JanusHendersonAAA JAAA 3.9 49.65 +0.12 .2344 SchwabUS LC Grw SCHG .5 65.02 –0.32 .0845
GSActiveBetaIntlEq GSIE 2.9 31.78 +0.13 .2002 iShIntlEquity INTF 2.5 27.18 +0.04 .1586
VangdTotalBd BND 2.6 73.48 –0.20 .1828 JanusHenShrtDur VNLA 4.9 47.80 +0.10 .1411 SchwabUS LC Val SCHV 2.5 66.39 +0.18 .3887
JPMBetaEurope BBEU 4.0 55.66 +0.41 .0984 GSActiveBetaUSLC GSLC 1.5 81.70 –0.07 .2819 iShLatinAmer40 ILF 12.1 24.11 –0.97 1.8137
VangdTotIntlBd BNDX 1.6 48.50 –0.05 .0716 JPMEquityPrem JEPI 11.3 55.08 +0.30 .4451 SchwabUS MC SCHM 1.7 67.66 +0.36 .2348
JPMBetaJapan BBJP 1.4 48.67 +0.46 .6803 GraniteGold BAR ... 19.62 –0.24 ... iShMSCIAustralia EWA 5.0 23.25 –0.21 .4302
VangdTotIntlStk VXUS 2.9 56.16 –0.16 .1205 JPMIntlResearchEnh JIRE 2.3 56.79 +0.34 1.3106 SchwabUS REIT SCHH 3.0 19.34 +0.30 .1198
JPMUltShMuni JMST 1.7 50.65 –0.06 .1101 HarborCpCultSC HAPS ... 25.06 +0.08 ... iShMSCIBrazil EWZ 12.7 27.70 –1.66 2.0217
JPM USQualFactor JQUA 1.5 41.60 –0.02 .0988 SchwabUS SC SCHA 1.5 41.65 +0.23 .136
-1xShVIXFutures SVIX ... 18.77 +0.66 ... WisdTrUSQltyDiv DGRW 2.1 62.98 +0.23 .19 HealthCareSelSect XLV 1.5 134.30 –0.27 .4891 iShMSCICda EWC 2.2 35.22 –0.23 .4915
JPM US Value JVAL 2.5 33.84 –0.29 .1314 Schwab US TIPs SCHP 6.2 53.36 –0.07 .0856
PacerIntCashCow100 ICOW 4.1 30.13 –0.32 .0279 iMGPDBiMgdFut DBMF 4.0 26.60 +0.10 2.2474 iShMSCI EAFE EFA 2.4 73.63 +0.41 .2684
PacerGlCashCows GCOW 3.7 34.32 –0.41 .1566 NYSE IndSelSectorSPDR XLI 1.6 100.61 +0.78 .3949 iSh MSCI EM EEM 2.4 39.01 –0.71 .5843
JPM UltShIncm JPST 2.2 50.26 +0.01 .1785 SPDR S&PMdCpTr MDY 1.3 456.15 +1.77 1.1925
KraneBoseraCnA50 KBA 2.1 25.43 –0.47 5.7098 SPDR S&P Biotch XBI ... 82.27 +4.08 ...
PacerUSCashCows100 COWZ 2.1 47.00 –0.89 .2108 PimcoActiveBd BOND 3.2 92.44 –0.18 .30 InnovIntDevPwApr IAPR ... 24.79 +0.13 ... iShMSCIFrance EWQ 2.7 39.71 +0.39 .1231
KraneCSIChInt KWEB ... 28.31 –0.59 ... SPDR S&P Div SDY 2.5 124.46 +1.20 .7132
PacerUSSCCash100 CALF 1.2 37.50 –0.54 .1269 InvscDBComm DBC .6 23.82 –0.65 .1447 iShMSCIGermany EWG 2.7 29.26 +0.12 .0086
NYSE ARCA MatlsSelSector XLB 2.2 80.70 –0.23 .3273 SPDRS&POil&Gas XOP 3.0 126.91 –7.51 .9541
ProShS&P500Arist NOBL 1.9 92.15 +1.06 .3539 InvscDBAgriFd DBA .5 20.94 +0.03 .0964 iShMSCIHongKong EWH 3.0 20.61 –0.14 .2806
MicroFang3xLvg BULZ ... 40.02 –2.18 ... SPDR S&P Pharm XPH 1.4 42.57 +1.11 .1154
ProShShtVIXST SVXY ... 68.21 +1.17 ... AGF USMktNeut BTAL 1.0 20.72 –0.13 .2132 InvscDBBaseMet DBB .9 19.56 –0.43 .1837 iShMSCIIndonesia EIDO 2.4 23.80 –0.39 .2318
MicroFANG-3XInvr FNGD ... 20.90 +1.08 ... SPDR S&P Retail XRT 2.3 62.25 +0.02 .2052
ProShUltVIXST UVXY ... 3.77 –0.21 ... ARK Innovation ARKK ... 37.63 –1.16 ... InvscDBOilFund DBO .7 14.93 –0.68 .1002 iShMSCIIntlQual IQLT 2.8 36.24 +0.09 .3035
MicroFang+3x FNGU ... 90.32 –5.03 ... SprottUranium URNM ... 29.38 –1.37 ...
ProShVIXSTFut VIXY ... 7.89 –0.29 ... abrdnBbgAllCmdK1 BCI 21.1 20.85 –0.42 4.4075 InvscDBUSDBull UUP .9 27.75 +0.07 .2466 iShMSCIIntlValue IVLU 3.3 25.45 –0.06 .2983
MicroGold3XInvr GDXD ... 4.54 +0.58 ... TechSelectSector XLK .9 147.76 –0.89 .3155
2xLongVIXFut UVIX ... 12.01 –0.95 ... abrdnPhysGold SGOL ... 18.99 –0.22 ... InvscEMSovDebt PCY 6.6 18.95 –0.27 .1038 iShMSCIItaly EWI 3.9 31.69 –0.05 .4159
MicroGold3xLvgd GDXU ... 56.32 –8.87 ... TeucriumWheatFd WEAT ... 6.74 –0.21 ...
VanEckHYMuni HYD 4.0 50.95 –0.67 .1939 abrdnPhysSilver SIVR ... 24.02 –0.33 ...
MicroUSBigBk3X BNKU ... 16.84 +0.42 ... USGlobalJets JETS ... 18.25 +0.32 ...
VanEckMstrWdMoat MOAT 1.1 73.83 +0.38 .8119 AdvShPureUSCan MSOS ... 5.15 –0.17 ...
PGIMUltraShBd PULS 3.3 49.32 +0.09 .2139 UtilitiesSelSector XLU 3.0 69.62 +0.73 .4897
VanEckVietnam VNM .9 11.90 –0.18 .0034 AlerianMLPETF AMLP 7.6 39.14 –0.36 .77 PimcoEnhShMat MINT 2.8 99.24 +0.10 .39 VanEckBDCIncm BIZD 11.6 14.41 –0.02 .435
VangdUltShrtBd VUSB 2.3 49.23 +0.02 .158 AmpCWPEnhDiv DIVO 4.7 36.13 –0.14 .1395

Selected ETF Leaders

ProShBitcoin BITO 4.4 16.22 –1.89 .4645 VanEckGoldMin GDX 1.4 33.61 –1.48 .4762
ArkFinInnov ARKF ... 18.25 –0.19 ... ProShShBitcoin BITI .4 21.68 +2.18 .0098 VanEck IG FR FLTR 3.5 25.04 +0.04 .1219
NASDAQ AvantisEM AVEM 2.7 52.60 –0.97 .8747 ProShShtDow30 DOG 1.0 32.91 +0.11 .1977 VanEckJPMEMLCBd EMLC 5.7 24.98 –0.16 .1246
AXS1.25XNVDABrDly NVDS 1.6 16.52 –0.30 2.2591 AvantisUSEquity AVUS 1.6 71.04 –0.19 .2642 ProShShortHY SJB 1.0 18.49 +0.09 .1009 VanEckJrGoldMin GDXJ .5 40.04 –2.35 .1825
AXSShInnovDly SARK .0 42.77 +1.32 13.748 AvantisUSLCValue AVLV 2.1 51.37 –0.41 .2824 ProShShortQQQ PSQ .4 12.39 +0.09 .0918 VanEckMerkGoldTr OUNZ ... 19.22 –0.22 ...
AXSTSLABrDly TSLQ .9 52.76 +5.29 2.0285 AvantisUSSCValue AVUV 1.9 73.36 –0.73 .3183
iShares Core MSCI
0.51% ProShShRuss2000 RWM .4 24.18 –0.12 .1466 VanEckMtgREIT MORT 14.8 10.88 +0.24 .4718
DirexTSLABr1x TSLS 1.0 32.30 +3.24 .2548 BreakwDryBulk BDRY ... 9.16 –0.03 ... EAFE (IEFA) ProShShrtS&P500 SH 1.2 14.95 +0.03 .122 VanEckOilSvcs OIH 1.0 277.82 –10.26 2.8887
DirexTSLABl1.5x TSLL 1.2 8.99 –1.73 .0423 CapGrpCore CGUS 1.2 24.06 +0.07 .0793 ProShSh20+Tr TBF 1.3 21.54 +0.16 .205 VanEckRareEarth REMX 1.5 78.89 –3.43 1.1867
FT CapStrength FTCS 1.4 73.61 –0.23 .2921 CapGrpCorePlus CGCP 3.7 22.72 –0.05 .10 Vanguard Dividend ProShUltBlmCrude UCO ... 27.71 –2.71 ... VangdExtMkt VXF 1.3 138.62 +0.39 .4336
FT EnhShtMat FTSM 2.5 59.67 +0.06 .208 CapitalGrpDivVal CGDV 1.5 25.50 +0.28 .0913 0.43 ProshUltBlmNatGas BOIL ... 3.44 +0.11 ... VangdInfoTech VGT .8 378.17 –2.20 .7716
FT GlTactCommod FTGC 11.5 23.46 –0.54 .1604 CapGrpGlbGrw CGGO .5 23.35 +0.02 .081 Appreciation (VIG)
ProShUltraQQQ QLD .2 48.02 –0.67 .1092 VangdSC Val VBR 2.2 157.59 +0.61 .8916
FT LowDurOpp LMBS 2.6 47.83 –0.18 .135 CapitalGrpGrw CGGR .3 22.39 –0.14 .0469 ProShUltRus2000 UWM .4 31.42 +0.36 .1259 VangdDivApp VIG 1.9 156.54 +0.67 .7489
FT NasdCybersec CIBR .2 41.60 –0.53 .0954 CapGrpIntlFocus CGXU .9 23.28 –0.15 .1215 Vanguard FTSE ProShUltraS&P SSO .4 50.68 –0.16 .1815 VangdEnergy VDE 4.0 116.62 –3.37 1.0099
FTRisingDivAch RDVY 2.3 45.48 –0.13 .2114 CommSvsSPDR XLC .9 57.69 –1.54 .15 0.28
Developed Markets ProShUltSilver AGQ ... 33.52 –1.06 ... VangdExtDuratn EDV 3.1 87.88 –0.62 .6743
FT SrLoanFd FTSL 5.7 45.06 –0.34 .285 CnsmrDiscSelSector XLY 1.0 147.37 +0.47 .4302 ProShUltDow30 UDOW 1.1 58.01 –0.42 .1987 VangdFTSEAWxUS VEU 2.9 54.44 –0.08 .115
FT TCW Opp FIXD 3.5 44.82 –0.20 .125 CnsStapleSelSector XLP 2.4 76.57 +1.39 .3447 (VEA)
ProShUltRus2000 URTY .3 37.01 +0.55 .0453 VangdFTSEDevMk VEA 2.8 46.40 +0.13 .1597
FT TacticalHY HYLS 7.0 39.63 –0.43 .19 DimenCoreFxIncm DFCF 3.1 42.31 –0.23 .1135 Vanguard Total Stock ProShUltS&P500 UPRO .6 39.06 –0.18 .0826 VangdFTSE EM VWO 3.7 39.95 –0.71 .0281
-0.04
GlbXNasd100Cv QYLD 12.0 17.30 +0.02 .169 DimenEmgCore DFAE 2.6 22.85 –0.44 .0307 Market (VTI) ProShUltShDow30 SDOW .4 25.21 +0.20 .2198 VangdFTSE Europe VGK 3.0 63.41 +0.37 .2125
GlbX Robotics&AI BOTZ .2 25.20 +0.31 .0466 DimenEMCore2 DFEM 2.0 23.48 –0.48 .0269 ProShShtRus2000 SRTY .7 48.96 –0.74 .2751 VangdFTSE Pac VPL 2.7 68.43 +0.05 .1459
InvscActMgdETC PDBC 13.5 14.28 –0.38 1.9283 DimenIntlCore DFAI 2.5 27.68 +0.07 .0902 ProShUltSh&P500 SPXU 1.4 13.32 +0.07 .1149 VangdFinls VFH 2.4 79.94 +0.96 .4353
InvscBS25CpBd BSCP 2.5 20.32 –0.02 .0517 DimenIntlValue DFIV 3.7 33.24 –0.13 .1413 SPDR S&P 500 ETF
-0.06 ProShUltBloomCrd SCO ... 23.73 +2.04 ... VangdGrowth VUG .7 248.53 –0.35 .4292
InvscBS25HYCpBd BSJP 5.6 22.52 +0.03 .1182 DimenUSCore DFAU 1.4 28.88 –0.04 .088 Trust (SPY) ProShUltShBlmGas KOLD ... 69.19 –3.71 ... VangdHiDiv VYM 3.1 106.98 –0.09 .7172
InvscBS24CpBd BSCO 2.4 20.65 +0.02 .0511 DimenUSCoreEq2 DFAC 1.4 25.53 –0.03 .0594 ProShUltDow30 DXD .3 41.64 +0.23 .247 VangdIntermBd BIV 2.5 76.37 –0.30 .1875
InvscBS24HYCpBd BSJO 5.2 22.43 +0.03 .1155 DimenUSHiProf DUHP 1.3 25.17 +0.06 .0776 ProShUltShEur EPV .9 9.56 –0.12 .0412 VangdLongTermBd BLV 3.9 75.68 –0.36 .2587
Vanguard Total Bond
InvscBS27CpBd BSCR 2.9 19.33 –0.04 .0609 DimenUSMktVal DFUV 1.8 33.61 –0.24 .1477 -0.27 ProShUltShQQQ QID .2 18.14 +0.26 .0826 VangdMC VO 1.6 210.24 +0.38 .7602
InvscBS26CpBd BSCQ 2.8 19.18 –0.03 .0562 DimenUSTargVal DFAT 1.4 43.77 –0.15 .1273 Market (BND) ProShUltShRus2000 TWM .6 15.73 –0.14 .0714 VangdMC Val VOE 2.3 134.65 +0.77 .6938
InvscBS23CpBd BSCN 1.8 21.16 +0.03 .0472 DimenWorldexUS DFAX 3.1 23.42 –0.10 .0419 ProShUltShS&P500 SDS 1.1 39.66 +0.14 .2738 VangdRealEst VNQ 4.2 82.37 +1.18 .77
InvscHYEquDivAch PEY 4.3 19.92 –0.01 .0702 DirexCSIChinaInt CWEB ... 41.58 –1.83 ... iShares Core S&P ProShUltShSilver ZSL ... 17.07 +0.49 ... VangdS&P500ETF VOO 1.6 378.59 –0.40 1.4874
InvscKBWBank KBWB 3.7 42.49 –0.03 .3338 DirexDJBear3X WEBS 1.3 20.93 +1.08 .1877 -0.27 ProShUltraSh20+ TBT 1.6 28.97 +0.40 .3273 VangdS&P600 VIOO 1.5 87.28 –0.30 1.3104
InvscNasd100 QQQM .7 130.19 –0.85 .2543 DirexDJBull3X WEBL ... 8.06 –0.47 ...
Small Cap (IJR)
RoboGlblRobotics ROBO ... 53.73 –0.15 ... VangdST Bond BSV 1.7 76.31 –0.12 .1384
InvscQQQI QQQ .7 316.61 –1.96 .4722 DirexEnergyBr2 ERY 1.6 29.03 +1.51 .3611 RealEstSectorSPDR XLRE 3.6 37.18 +0.58 .2559 VangdSC VB 1.6 188.76 +0.92 .7461
iShBiotech IBB .3 133.46 +1.03 .0646 DirexEnergyBl2 ERX 2.7 60.90 –3.45 .4999 Invesco QQQ Trust RoundBallMeta METV .1 8.99 –0.24 .0063 VangdTaxExemptBd VTEB 2.3 50.23 –0.57 .1127
iShBrdUSDInvCpBd USIG .0 50.50 –0.15 .1583 -0.62
DirexChinaBr3 YANG 1.5 10.41 +0.29 .1584 (QQQ) SPDRBlackSrLoan SRLN 6.3 41.45 +0.05 .27 VangdTotalStk VTI 1.6 205.00 –0.08 .7862
iShCoreMSCITotInt IXUS 2.3 63.09 –0.17 .49 DirexChinaBl3 YINN 1.7 41.56 –1.60 .1794 SPDRBlmCvSecs CWB 2.2 66.62 –0.25 .1099 VangdTotWrldStk VT 2.1 92.95 –0.15 .2852
iShCore1-5YUSDBd ISTB 2.2 47.05 –0.06 .1065 DirexFinlBear3 FAZ 1.3 20.05 –0.59 .2688 SPDR Blm HY Bd JNK 6.2 92.08 –0.30 .4544 VangdValue VTV 2.5 140.30 –0.12 .8218
iShCoreS&PUSGrw IUSG 1.1 89.28 –0.38 .2708 DirexFinlBull3 FAS 1.3 63.09 +1.69 .1663 SPDR Gold Shares SPDRBlmInCpBd IBND .9 28.79 +0.04 .0457 WisdTrEMxSOE XSOE 2.2 27.35 –0.55 .225
-1.13
iShCoreS&PUSValue IUSV 2.1 74.30 +0.27 .3494 DirexGoldMinBr2 DUST 1.6 9.92 +0.84 .1571 (GLD) SPDRBlmIntTrBd BWX 1.3 22.85 –0.12 .0315 WisdTrEM HiDiv DEM 7.4 38.07 –0.75 .10
iShCoreTotalUSDBd IUSB 2.8 45.89 –0.14 .1245 DirexGoldMinBl2 NUGT .5 44.90 –4.08 .0532 SPDRBlmInvGrdFR FLRN 3.2 30.51 +0.05 .1327 WisdmTrSCDiv DGS 5.0 46.05 –0.64 .115
iShESGAwareMSCI ESGD 2.3 73.88 +0.32 .3084 DirexHmbldrBull3 NAIL .3 51.36 +6.92 .1518 SPDRBbg1-3MTB BIL 2.4 91.73 +0.10 .3721 WisdTrFRTrea USFR 2.9 50.43 +0.05 .197
iShESGAwareEM ESGE 2.6 31.02 –0.63 .5311 DirexJrGoldMinBr2 JDST ... 5.75 +0.62 ...
Vanguard FTSE SPDRBlmSTHYBd SJNK 6.4 24.65 –0.05 .1526 WT IntlHdgQual IHDG 3.3 40.36 +0.33 .165
-1.75
iShESGAwareUSA ESGU 1.6 90.81 –0.02 .4696 DirexJrGoldMnBl2 JNUG .4 42.78 –5.48 .1683 Emerging Markets SPDR 3-12MT-Bill BILS 2.8 99.42 +0.10 .3916 WisdTrUSSCDiv DES 3.1 28.19 –0.09 .13
iShFallAngelsUSDBd FALN 5.1 25.21 –0.07 .1076 DirexRealEstBr3 DRV 1.3 49.22 –2.36 .4297 (VWO) SPDRDoubleTRTact TOTL 4.8 40.76 –0.15 .15 XtrksHarvCSI300 ASHR 1.1 29.19 –0.61 .3162
iSh5-10YIGCorpBd IGIB 3.2 51.05 –0.22 .1556 DirexRealEstBl3 DRN 2.6 9.35 +0.39 .094 Source: Barron’s Statistics SPDR DJIA Tr DIA 1.9 338.11 –0.73 .1843 XtrksMSCIEAFE DBEF 1.8 36.05 +0.26 .1397
iShGlbCleanEner ICLN .9 19.80 +0.21 .0364 DirexRegBksBl3x DPST 4.1 7.09 +0.23 .0364 SPDREuroStx50 FEZ 2.6 46.51 +0.24 .1338 XtrksUSDHYCpBd HYLB 5.6 34.44 –0.14 .1705
iShiBdsDec24Trea IBTE 2.8 23.93 –0.01 .0812 DirexRetailBull3 RETL 1.1 6.90 –0.02 .026 SPDRGoldMini GLDM ... 39.35 –0.44 ... YieldMaxTSLAOpt TSLY 64.7 13.47 –1.49 .8286
April 24, 2023 BARRON’S 55

D ATA MUTUAL FUNDS D ATA P R O V ID E D BY LIP P E R B A R R ON S .C OM / D ATA

About Our Funds
The listings include the top 1250
open-end funds by assets. These
NOTICE TO READERS: Closed End Fund listings have moved to
funds value their portfolios daily
and report net asset values (the
dollar amount of their holdings
divided by the number of shares
barrons.com/cefund. They will no longer appear in print. The
Herzfeld chart has moved to the Market Lab Newsletter. To sign Cash Track
outstanding) to the National up for the newsletter, go to barrons.com/newletters. Spring Tide: The flood tide into money market funds continued to slow, with the past month’s average
Association of Securities Dealers.
Total returns reflect both price weekly inflow narrowing to $17 billion. Cash left equity funds, widening the average weekly outflow to $8.5
changes and dividends; these Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. billion. Taxable-bond funds saw average inflows become outflows that averaged $340 million. Muni-bond
figures assume that all distribu- NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
tions are reinvested in the fund. LtdTEBdA 15.17 -0.15 1.3 0.4 CoreBond 9.00 -0.02 2.9 -7.0 GlEqInst 27.93 -0.06 6.3 64.2
outflows averaged $1.1 billion.
Because Lipper is constantly up-
dating its database, these returns N PerA 52.58 -0.03 11.1 49.7 CorePlusBond 8.87 -0.03 3.0 -4.2 GlRESec 9.81 0.10 1.0 25.7
may differ from those previously NEcoA 48.02 -0.08 10.4 31.3 Intl Eq 11.97 0.04 11.7 34.4 InfProtSec 11.19 -0.02 3.5 3.3 Equity Funds Municipal Bond Funds
published or calculated by others. NwWrldA 71.49 -0.61 7.6 35.5 LargeCapGrowth 18.97 0.05 11.0 47.3 IntGvFxdInc 11.11 -0.02 3.2 -13.4
3 year returns are cumulative. The SmCpA 59.97 0.21 6.9 37.1 LargeCapValue 15.37 0.02 2.9 75.6 IntlCoreEq 14.82 -0.01 9.9 58.1 1200 1500
NAV is the last reported closing STBFA 9.52 -0.01 1.5 -1.9 MunicipalBond 9.82 -0.11 2.1 2.4 IntlREst 3.76 0.00 1.3 21.0
price for the week. Footnotes: NA: -1600 800
not available. NE: performance STTxExBdA 9.86 -0.07 0.9 0.0 S/MCapGrowth 12.54 0.08 6.7 39.8 IntlSustCore1 11.79 0.04 11.1 48.9
excluded by Lipper editor. NN: fund TECAA 16.42 -0.21 2.1 0.2 S/MCapValue 12.47 0.03 0.8 76.6 IntlVal 19.43 -0.07 9.5 82.8
not tracked. NS: fund not in TxExA 12.21 -0.16 2.2 0.5 Brown Advisory Funds: IntlVectorEq 12.92 -0.01 9.3 64.5 -4400 100
existence for whole period. e: ex WshA 53.14 0.05 2.6 57.1 IntSmCo 18.77 -0.05 7.9 55.0
capital gains distributions. f: GrwthEquityInst 24.19 0.32 11.7 25.4
previous day’s quote. n: no front- AMG Managers Funds: IntSmVa 20.48 -0.05 9.0 69.5 -7200 -600
or back-end sales charge. p: fund YachtmanFocFd I 19.17 0.03 6.3 63.3 C IntTermMuni 9.97 -0.10 1.2 -0.5
assets are used to pay marketing YacktFocFd N n 19.24 0.03 6.2 62.4 IntVaIII 16.72 -0.06 9.5 83.3 -10000 -1300
and distribution costs (12b-1 fees). Calamos Funds: ITExQual 9.42 -0.02 3.9 -7.4
r: fund levies redemption fee or YacktmanFd I 22.28 0.03 5.4 65.5 Feb Mar Apr Feb Mar Apr
back-end load. s: stock dividend or Angel Oak Funds Trst: MktNeutI 14.23 0.01 3.6 12.3 LgCo 28.19 -0.02 8.2 58.2
split of 25% or more. t: fund charges AglOkMtiStFdClIn 8.49 -0.02 1.3 1.0 Calvert Investments: LgCpIntl 25.59 0.05 10.8 53.0
12b-1 fees (for marketing and AQR Funds: Eq A 69.61 0.22 5.2 51.6 SclCrEqInst 13.61 -0.01 10.1 55.1 Money Market Funds Taxable Bond Funds
distribution) and a back-end load.
v: capital-gains distribution may be LgCapDefStyle I 25.85 0.04 3.4 44.9 Carillon Reams: STExQual 10.26 0.00 1.8 -1.8 80000 6400
a return of capital. x: ex cash CorePlBd I 30.37 -0.08 3.9 -2.4 STGov 9.85 0.00 1.4 -4.4
Ariel Investments:
dividend. Carillon Scout: STMuniBd 10.09 -0.03 0.8 0.7 59000 4600
Ariel Inv n 65.50 0.07 5.1 84.0 US CoreEq1 31.46 -0.04 6.0 68.1
Net YTD 3-Yr. Artisan Funds: MidCap I 19.79 0.04 2.2 59.1
NAV Chg. % Ret. % Ret.
US CoreEq2 28.51 -0.03 5.4 72.2 38000 2800
GblOppInst 28.58 NA NA NA CausewayInst :
US Micro 23.09 -0.03 1.1 90.8
A Intl Inv n 26.34 NA NA NA CausewayInst 18.84 0.18 18.3 84.4 US Small 39.40 0.07 2.1 87.0
IntlInst 26.49 NA NA NA CIBC Atlas: US SmCpVal 38.58 -0.17 -1.4 119.6
17000 1000
AAM: IntlVal Inst 43.09 NA NA NA DispEq Inst 25.40 0.03 5.4 47.3 US TgdVal 27.10 -0.12 -0.7 120.1
IntlVal Inv n 42.93 NA NA NA ClearBridge: USLCpGr 27.31 0.20 7.3 58.1
-4000 -800
B&GIncGroClI 22.26 0.16 0.8 45.9
AB Funds: MidCapInst 36.26 NA NA NA AggressGrowthA102.68 -0.15 6.5 19.8 USLgVa 41.74 -0.29 1.1 70.0 Feb Mar Apr Feb Mar Apr
MidCapInv n 30.38 NA NA NA AllCapValueA 12.19 -0.09 0.1 64.1 USLgVaIII 27.33 -0.19 1.2 70.5
CapFdInc.LCapGow 78.83 0.21 12.9 47.8
AppreciationA 28.48 -0.02 6.0 55.0 USSoCoreEq2 20.43 0.00 6.5 68.3 A red chart indicates a lower value than the starting period. Green means it's higher than the starting period.
IntlStraEquPtZ 11.42 -0.03 8.7 30.2 B DividendStrat1 n 27.57 0.07 3.6 58.5 USSustCoreI 32.01 -0.04 6.5 65.5 The charts above show four-week moving averages of net cash flow in millions of dollars. BARRON'S • Lipper FMI
MuniIncmShares 11.01 -0.16 3.0 12.1
AB Funds - A: DividendStratA 27.55 0.07 3.5 57.3 USVectorEq 21.65 -0.06 1.9 82.8
Baird Funds:
LargeCapGrowthA n 46.66 0.12 16.7 37.4 Dodge & Cox:
LgCpGrA 70.11 0.18 12.8 46.3 AggBdInst 9.81 -0.02 3.0 -8.2 Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
LargeCapGrowthI 54.38 0.15 16.8 38.6 Balanced n 95.49 -0.38 3.4 50.2
RelatValA 5.94 -0.03 1.4 64.3 CorBdInst 10.08 -0.02 2.9 -6.1 NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
SmallCapGrowthIS 39.81 0.31 6.7 51.1 Dodge & Cox n 10.44 -0.04 4.1 10.3
AB Funds - ADV: IntBdInst 10.25 -0.02 2.4 -3.9 IntlIdxInstPrem n 46.03 0.21 11.8 48.5 FF2015 n 10.81 -0.03 5.0 17.7 DivStkO n 27.61 -0.03 7.2 55.9 SrsIntlSmCp 16.21 0.00 9.2 41.5
Cohen & Steers: GblStock n 13.45 -0.13 6.7 82.3
GlbBd 6.82 -0.02 2.5 -4.7 ShtTBdInst 9.31 0.00 1.7 0.9 IntlIndex n 10.70 -0.02 9.1 41.9 FF2020 n 13.47 -0.03 5.6 22.0 EmrMkt n 33.36 -0.58 6.2 23.3 SrsIntlVal 10.86 -0.04 8.3 71.5
GlbRltyI 49.48 0.71 2.2 26.2 Income n 12.46 -0.02 3.1 -2.0
HiIncmAdv 6.60 -0.03 3.4 20.2 Baron Funds: IntrTresBdIxPrem n 9.82 -0.04 3.1 -13.1 FF2025 n 12.42 -0.03 6.0 25.7 Eq Inc n 64.95 0.00 2.4 58.4 STBF n 8.29 0.00 1.7 -0.2
InstlRlty 43.21 0.90 2.3 36.1 Intl Stk n 46.78 -0.29 8.5 66.5
IntlStraEquPtADV 11.40 -0.03 8.6 30.3 Asset n 91.24 0.50 5.1 33.4 LgCpGwId InstPre n 23.78 -0.01 14.2 55.2 FF2030 n 15.56 -0.04 6.4 31.3 EqDivIncm n 26.11 -0.08 2.3 64.9 StkSelSmCp n 29.25 0.30 4.4 72.4
PrefSecIncnI 11.33 0.02 -2.2 3.2 Stock n 218.75 -1.13 2.6 81.0
LgCpGrAdv 78.91 0.21 12.9 47.4 Growth n 93.84 2.05 10.4 68.6 LgCpVlIdxIstPrem n 15.12 -0.02 2.2 58.3 FF2035 n 13.47 -0.03 7.1 41.2 Fidel n 64.23 -0.15 10.2 49.2 StkSlcACap n 60.52 -0.08 8.8 58.9
RltyIncI 15.43 0.35 2.5 36.3 DoubleLine Funds:
SelectUSLgShrt 12.53 0.00 2.0 29.6 Partners n 127.58 -2.95 14.4 145.3 LTTrsBdIdxInstPr n 10.59 -0.07 5.4 -34.0 FF2040 n 9.59 -0.02 7.9 47.8 FltRateHi n 9.12 0.00 4.0 23.1 StratDivInc n 15.79 0.06 3.2 40.9
RltyShs n 59.35 1.25 2.2 35.0 CoreFxdIncmI 9.39 -0.02 3.3 -3.8 MidCpInxInstPrem n 26.91 0.07 3.8 59.9
SmMidCpValAdv20.44 0.04 0.9 82.9 Baron Instl Shares: FF2045 n 11.02 -0.03 7.9 47.9 FocsdStk n 24.93 -0.11 5.5 44.4 TaxFrB n 10.82 -0.16 2.8 2.1
Colorado BondShares: LowDurBdI 9.48 0.00 2.1 6.0 OTCK6Port 16.18 -0.10 15.1 55.5
Aberdeen Fds: AssetInst 96.41 0.53 5.1 34.4 FF2050 n 11.15 -0.02 7.9 47.9 FournOne n 50.58 -0.07 7.5 41.0 TotalBond n 9.51 -0.02 3.2 -3.7
ColoradoBdShs 8.66 -0.08 2.5 11.2 ShillerEnhCAPEI 12.63 -0.06 8.3 59.7 RealEstIdxInst n 14.68 0.22 1.0 29.6 Free2055 n 12.92 -0.03 7.9 47.9 GNMA n 10.25 -0.01 2.7 -8.3 TotalBond K6 8.86 -0.03 3.2 -3.0
EmMktEqty Inst 12.93 -0.27 3.5 22.0 EmergingMktsInst 13.28 -0.21 1.8 16.7 Columbia Class A: TotRetBdI 8.95 -0.02 3.1 -5.8 SAIUSLgCpIndxFd 18.18 -0.02 8.1 58.3 Free2060InstPrem 14.81 -0.02 7.8 41.6 GovtInc n 9.31 -0.03 2.7 -13.1 Trend n 126.47 0.13 17.5 49.4
Advisers Inv Trst: GrowthInst 98.88 2.16 10.5 69.8
BalancedA 43.33 -0.04 7.2 30.5 TotRetBdN n 8.95 -0.02 3.0 -6.4 SeriesBondFd 9.05 -0.02 2.9 -10.1 Freedom2015 K 10.80 -0.03 5.0 18.0 GroCo n 26.37 0.12 17.1 63.5 Value n 12.62 -0.03 1.0 109.8
Balanced n 82.58 0.13 4.0 39.3 PartnersInst 132.60 -3.07 14.5 147.2
ContCoreA 26.69 0.00 9.9 55.3 SeriesOverseas 12.38 0.12 14.0 47.5 Freedom2020 K 13.46 -0.04 5.6 22.2 GroInc n 50.67 0.15 6.9 74.7 ValueDisc n 35.07 -0.08 -0.2 69.2
Growth n 100.50 -0.07 4.4 59.1 SmallCapInst 28.98 0.31 9.4 52.1 E
DisplCoreA 11.85 -0.05 8.3 56.4 SerLTTreBdIdx 6.12 -0.04 5.4 -33.9 Freedom2020K6 13.40 -0.04 5.6 22.6 GrowCoK 26.49 0.11 17.2 63.8 Wrldw n 27.05 0.00 7.6 41.9
Akre Funds: Bernstein Fds:
DivIncA 29.03 0.04 0.9 53.4 Eaton Vance Class A: SmCpIdxInstPrem n 22.19 0.13 2.3 57.2 Freedom2025 K 12.41 -0.03 6.1 26.1 GrStrt n 50.42 0.01 8.0 41.8 Fidelity SAI:
AkreFocusInst 51.64 0.06 7.4 34.1 DivrMuni n 13.78 -0.12 1.8 3.0 DivOpptyA 34.49 -0.03 -0.2 54.6 STBdIdx InstPrem n 9.61 -0.01 1.9 -3.4 Freedom2025K6 12.37 -0.03 6.1 26.4 GwthDiscovery n 44.71 -0.03 9.5 58.4 FidSAIEmgMktIndx 12.57 -0.23 3.1 19.8
AkreFocusRtl 49.74 0.05 7.3 33.0 IntmDur n 11.44 -0.04 2.7 -7.7 TMG1.1 81.50 0.19 9.5 57.4 STTreIdx InstPre n 10.00 -0.01 1.9 -4.7
LgCpGrowA 47.29 0.21 14.0 43.6 Freedom2030 K 15.55 -0.04 6.4 31.6 HighInc n 7.39 -0.03 3.1 7.8 FidSAIIntlIndxFd 13.14 0.06 11.8 48.5
AmanaGrowth n: NY Mun n 13.32 -0.11 1.9 3.2 Eaton Vance Class I: TMktIdxInstPrem n 113.91 -0.03 7.7 57.3
LgCpVl A 14.84 -0.06 0.4 60.2 Freedom2030K6 15.49 -0.04 6.4 32.1 IntBd n 10.02 -0.02 2.4 -3.3 IntlValIdx 9.18 -0.05 10.3 62.1
AmanaGrowth n 61.70 -0.19 7.8 66.6 BlackRock Funds: LiGoBalA 10.39 -0.02 6.1 27.0 AtlCpSMID 34.45 0.13 0.8 66.5 TotalMarketIndex n 14.38 -0.01 7.7 58.1 Freedom2035 K 13.46 -0.03 7.1 41.6 IntlDisc n 43.45 0.05 9.6 35.6 LowDurationInc 9.96 0.00 1.5 NS
Amer Beacon Insti: CoreBd Inst 8.42 -0.02 3.5 -7.6 SelgComuInfoA 91.79 -0.96 12.3 84.7 FltgRt 8.30 0.00 3.9 18.6 TtlIntIdxInstPr n 12.72 -0.04 8.6 41.8 Freedom2035K6 13.42 -0.03 7.2 42.2 IntlEnhIdx n 10.48 0.04 12.0 47.9 Muni Inc 9.77 -0.14 2.9 1.7
SmCpInst 22.40 -0.10 -0.1 98.8 HiYBlk 6.80 -0.03 4.5 17.1 TaxEA 11.67 -0.19 2.4 -0.9 GblMacAbR 8.22 0.00 2.5 13.3 USBdIdxInstPrem n 10.38 -0.03 2.8 -10.2 Freedom2040 K 9.59 -0.03 7.8 48.1 IntlGrRet n 17.90 0.12 12.4 37.4 SAIEmgMktLoVolIx 10.21 -0.06 4.4 33.3
American Century G: HiYldBd Inst 6.80 -0.03 4.4 16.8 Columbia Class Adv: IncBos 4.99 -0.02 4.2 16.9 USSusIdx n 18.00 -0.05 8.0 56.0 Freedom2040K6 9.55 -0.02 7.9 48.8 IntlSmCap n 29.18 -0.04 9.2 54.5 SAIInflaFocFd 9.38 -0.21 -4.2 85.7
InflProtBdInst 10.01 -0.04 3.3 4.7 NatlMuniInc 9.19 -0.14 2.9 0.9 Fidelity Adv Focus A: Freedom2045 K 11.02 -0.02 8.0 48.4 IntMu n 10.03 -0.12 2.0 2.2
GlBond 8.61 -0.02 3.1 -4.4 DivIncom 29.61 0.03 1.0 54.5 ShortTermBd 9.57 0.00 1.7 NS
LowDurI Inst 8.94 -0.01 1.9 1.7 Edgewood Growth Instituti: HthCarA 60.31 0.03 4.4 25.5 Freedom2045K6 10.97 -0.02 8.1 49.0 InvGB n 7.21 -0.02 3.2 -6.6
Sustain Equity 41.54 -0.17 7.1 58.1 Columbia Class C: TotalBd 9.00 -0.03 3.2 -2.8
American Century I: BlackRock Funds A: EdgewoodGrInst36.48 0.42 16.5 29.8 TechA 75.32 -0.44 21.2 72.7 Freedom2050 K 11.14 -0.03 7.9 48.3 InvGrBd 10.05 -0.03 3.2 -4.0
DivInc 28.02 0.03 0.7 49.9 TxFreeBd 9.88 -0.14 2.7 2.4
EqInc 8.94 0.06 2.5 42.4 AdvLgCapCore 16.30 -0.04 7.0 53.3 Columbia Class I: Fidelity Advisor: Freedom2050K6 11.12 -0.02 8.1 49.0 LargeCap n 40.74 0.04 8.4 76.7 U.S.TreBdIdx 8.85 -0.03 2.9 -13.5
CapAppr 26.05 0.03 17.1 30.3 F Freedom2055 K 12.93 -0.03 8.0 48.5 LCapCrEIdx n 19.11 -0.09 7.0 59.2
Growth 41.99 -0.15 14.8 47.2 Acorn I 9.81 0.02 9.4 23.0 SrsAdvIntlCapApp 26.87 0.02 14.9 35.1 Fidelity Selects:
EqtyDivd 18.81 0.04 3.8 58.0 StragInc n 11.08 -0.05 3.1 9.2 Freedom2055K6 12.90 -0.03 8.0 49.1 LCapGrEIdx n 25.78 -0.11 12.5 55.8
IntTF 10.76 -0.12 2.1 2.5 Balanced I 43.22 -0.03 7.3 31.5 FAM Value: Biotech n 16.71 0.81 2.6 7.9
GlblAlloc 17.18 -0.07 4.4 23.7 TotBdFdClZ 9.50 -0.02 3.2 -3.4 Idx2020InsPre 14.88 -0.03 5.5 17.3 LevCoSt n 33.09 -0.46 6.0 79.0
MdCapVal 15.76 0.08 2.2 68.5 ContCore I 27.01 0.00 10.0 56.4 FAMValue n 83.95 -0.20 1.7 48.1 DfAero n 15.96 0.06 3.5 55.1
HlthScOp 66.64 0.42 1.5 31.5 Fidelity Advisor A: Idx2025InsPre 16.86 -0.03 6.0 20.8 LgCpVHIdx n 14.51 -0.05 1.3 62.6
SmCapVal 9.16 0.03 0.5 95.3 DivIncom I 29.06 0.04 1.0 54.6 Federated Hermes A: Energy n 54.69 -1.86 -2.5 221.6
MdCpGrA 28.12 0.13 10.1 26.5 BalancA 23.78 -0.02 8.0 40.4 Idx2030InsPre 17.86 -0.03 6.3 25.9 LmtTrmMuniIncm n 10.21 -0.08 1.1 0.8
American Century Inv: LgCpIdx I 48.33 -0.04 8.1 57.6 Gold n 25.49 -1.21 14.1 6.1
MultiAstIncome 9.77 -0.02 4.0 13.7 StrValDivA p 5.65 -0.04 -1.4 51.9 Idx2035InsPre 20.03 -0.02 7.0 35.2 LowP n 47.06 -0.43 1.9 73.6
DiscCoreVal n 30.18 -0.08 -1.2 43.5 SelComunInfo 106.33 -1.11 12.4 86.1 EqGrA p/r 13.91 -0.01 9.5 57.5 Health n 28.85 0.02 4.5 29.1
NatlMuni 10.07 -0.14 2.2 0.0 Federated Hermes Int: GrOppA 99.69 -1.06 12.8 39.4 Idx2040InsPre 20.41 -0.03 7.6 41.6 LowPriStkK 47.00 -0.43 1.9 74.1
EqGro n 23.09 -0.06 5.3 36.9 SelLCVal 30.92 -0.43 -1.0 76.4 HlthCareSrvPt r n 126.19 -3.57 -4.4 49.3
ScTechOppA 39.86 -0.38 16.6 35.2 InsHiYld 8.48 -0.04 4.0 12.0 NwInsghtA 28.05 -0.15 11.6 42.3 Idx2045InsPre 21.22 -0.03 7.8 41.7 LowPriStkK6 14.33 -0.13 2.0 73.7
EqInc n 8.92 0.05 2.3 41.5 StratInc I 20.96 -0.05 3.4 9.1 ITSvs n 56.08 -0.17 6.7 19.0
TotRet 10.12 -0.03 3.5 -6.6 TtlRtnBdI 9.61 -0.03 2.6 -3.7 StrInA 10.92 -0.05 2.9 8.2 Idx2050InsPre 21.26 -0.03 7.8 41.7 LtdTmBdFd n 10.95 -0.01 2.1 -0.8
Grwth n 40.75 -0.15 14.7 46.3 TotReBd I 30.49 -0.10 3.7 -3.4 MdTchDevis n 66.66 0.40 8.2 40.2
BlackRock Funds III: Federated Hermes IS: Fidelity Advisor Fun: Idx2055InsPre 17.49 -0.02 7.8 41.6 Magin n 11.60 0.00 8.5 40.5
Heritage n 19.67 0.04 7.6 44.0 Columbia Class I2: Retail n 17.28 0.41 9.1 43.5
iShS&P500IdxK484.84 -0.41 8.2 58.3 KaufmnSCI 44.31 0.94 6.6 21.8 Idx2020 Premier 14.88 -0.02 5.6 NS MAMun n 11.27 -0.14 1.9 -1.1
MdCapVal n 15.74 0.08 2.2 67.4 DivIncom 29.58 0.04 1.0 54.8 InterDiscZ 43.24 0.05 9.6 35.9 Semiconductors r n 18.94 -0.21 29.9 134.8
iShUSAggBdIdxK 9.08 -0.03 2.5 -10.4 StraValDivIS 5.70 -0.03 -1.2 53.5 Idx2025 Premier 16.85 -0.03 6.0 NS Manager40 n 11.92 -0.01 5.0 18.7
OneChMod n 13.55 -0.01 5.6 29.3 Columbia Class I3: Fidelity Advisor I: Softwr n 22.57 -0.10 14.9 47.5
BlackRock Funds Inst: UltraShortI 9.03 0.01 1.6 4.5 Idx2030 Premier 17.85 -0.03 6.3 NS Manager60 n 13.79 -0.02 6.3 29.3
Select n 86.77 -0.39 15.2 49.6 BalancI 24.40 -0.02 8.1 41.4 Tech n 21.74 -0.11 21.9 64.4
ContCore I3 27.73 0.01 10.0 57.1 Federated Hermes R: Idx2035 Premier20.02 -0.03 6.9 NS MidCap n 37.97 -0.09 1.4 84.0
Ultra n 63.90 -0.10 15.8 54.8 AdvLgCapCore 17.25 -0.04 7.1 54.6 ConsvIncmMuni I 9.99 -0.02 0.9 2.5 UtilGr n 103.29 1.17 -0.5 46.3
DivIncom 29.63 0.04 1.0 55.1 Idx2040 Premier20.40 -0.03 7.7 NS MidCapEnIdx n 15.95 0.04 3.2 65.4
American Century R6: CAInsMun 11.80 -0.14 1.4 5.0 KaufmnR 4.88 0.09 4.5 1.8 EqGrI 16.09 -0.01 9.6 58.7 Fidelity Series:
Credit Suisse Common: Idx2045 Premier 21.22 -0.03 7.8 NS MuniInc n 12.09 -0.17 2.7 2.1
MdCapVal 15.75 0.07 2.3 69.1 EmgMkts 23.11 -0.33 3.8 19.9 Federated Hermes R6: FAEmgMktI 27.57 -0.41 3.1 31.0 Canada 14.05 -0.12 7.0 82.4
ComdtyRet 23.59 -0.45 -5.3 83.7 Idx2050 Premier 21.26 -0.02 7.8 NS NASDAQ n 152.58 -0.63 15.7 49.8
SmCpVal 9.16 0.03 0.5 96.2 EqtyDivd 18.90 0.05 3.9 59.2 FedInstHYBondL 8.49 -0.03 4.1 12.1 FAInvGrdI 7.22 -0.02 3.2 -6.6 IntMuni Z 10.04 -0.13 2.0 2.2
Idx 2055 Premier 17.49 -0.02 7.8 NS NewInsights Z 29.42 -0.15 11.7 43.9
American Funds Cl A: FloRateIncPorIns 9.55 0.01 4.1 20.1 StrValL 5.70 -0.03 -1.2 53.6 FltRatel 9.11 0.00 3.9 22.9 FidelityAdviAsset:
D Income n 10.26 -0.02 3.6 6.5 NewMill n 42.31 -0.19 7.0 84.4
GlblAlloc 17.37 -0.07 4.4 24.8 TtlRtnBdL 9.61 -0.03 2.6 -3.7 GrOppI 110.40 -1.16 12.9 40.5
2020TarRetA 12.62 -0.01 3.7 19.7 Fidelity Invest: NewMkt n 11.42 -0.14 0.7 1.5 ADVAssetMan60 13.78 -0.02 6.2 29.6
HiEqInc 27.59 0.00 3.6 62.6 Davis Funds A: Fidelity: HthCarI 66.98 0.05 4.4 26.5
2025TarRetA 14.04 0.00 4.3 23.2 AggrInt n 23.98 0.01 14.9 35.4 OTC n 14.72 -0.08 14.7 54.4 First Eagle Funds:
HlthScOp 71.15 0.45 1.6 32.5 IntlGr 17.85 0.11 12.4 37.3
2030TarRetA 15.27 0.00 5.1 28.0 NYVen A 23.86 -0.08 7.6 45.7 500IdxInstPrem n 143.51 -0.12 8.2 58.4 AilSectEq 9.49 -0.01 9.6 68.1 OTC K 15.05 -0.09 14.8 54.8 GlbA 62.28 -0.18 7.4 45.0
MdCpGrEq 33.10 0.16 10.2 27.4 MuniIncI 10.04 -0.12 2.0 1.9
2035TarRetA 16.37 0.00 5.9 35.4 Davis Funds C & Y: BalancedK6 12.73 0.00 8.2 43.4 AMgr20% n 13.08 -0.01 3.4 8.2 Ovrse n 57.41 0.57 13.5 42.8 OverseasA 24.43 -0.01 8.8 31.2
MultiAstIncome 9.79 -0.01 4.2 14.7 NwInsghtI 29.29 -0.16 11.6 43.4
2040TarRetA 16.97 0.01 6.6 39.1 NYVenY 24.78 -0.09 7.6 46.8 Contrafund K6 18.89 -0.12 12.3 44.4 AMgr50% n 18.64 -0.03 5.6 23.9 PuritanK 21.57 -0.03 5.8 35.1 FPA Funds:
NatlMuni 10.07 -0.13 2.4 0.9 REIncmInst 11.25 0.05 2.5 32.0
2045TarRetA 17.31 0.00 6.8 39.6 Del Invest Instl: EmgMktIdxInstPre n 9.73 -0.18 3.2 20.2 AMgr70% n 24.08 -0.03 7.0 35.9 Puritn n 21.59 -0.03 5.8 34.8 NwInc n 9.58 0.00 2.1 2.8
ScTechOppInst 43.86 -0.42 16.7 36.2 StrInI 11.08 -0.05 3.1 9.0
2050TarRetA 16.95 0.00 7.0 39.4 ExtMktIdxInstPre n 65.88 0.17 4.7 51.3 AMgr85% n 22.30 -0.03 7.9 44.8 RealE n 38.16 0.62 2.2 30.8 FPA Funds Trust:
StratIncOpptyIns 9.22 -0.03 1.6 7.8 Value 17.84 -0.08 -2.8 48.0 Total Bd 9.50 -0.02 3.2 -3.8
AmcpA 33.29 0.08 10.7 34.2 FidAdAsset 13.07 -0.02 3.3 8.3 AstMgr30R n 11.15 -0.02 4.2 13.2 RealEstInc n 11.30 0.04 2.5 32.0
StratMuniOppI 10.43 -0.13 1.8 4.1 Deutsche DWS: Fidelity Advisor M: FPACres Inst n 35.59 0.06 6.7 56.3
AMutlA 49.44 0.27 2.5 49.6 FidAdEm 33.33 -0.58 6.2 NS Balanc n 24.69 -0.01 8.1 42.2 SAIIntlMinVolInd 10.85 0.18 10.4 22.8
TotRet 10.12 -0.02 3.6 -5.8 CoreEq n 27.74 -0.17 6.9 57.9 Balanced 24.16 -0.02 7.9 39.3 Franklin A1:
BondA 11.55 -0.04 2.5 -7.3 FidSAI 8.61 -0.03 3.2 NS BalancedK 24.69 -0.01 8.1 42.5 SAILTTreBdIdx 7.95 -0.05 5.6 -35.7
BNY Mellon Funds: Diamond Hill Funds: EqGr 13.41 -0.01 9.4 56.2 CA TF A1 6.79 -0.10 2.0 -0.7
BalA 29.64 -0.06 3.4 26.7 FidSAIEmerg 11.47 -0.14 5.7 NS BluCh n 133.07 -0.59 18.3 55.4 SAIUSMinVolIndFd 17.30 0.02 4.5 41.9
CapIBA 64.82 0.19 3.6 32.5 Aprec n 38.63 0.09 9.1 59.9 LgCapI 29.26 0.08 0.8 55.4 FidSer5 8.01 -0.04 4.0 NS GrOppM 98.07 -1.05 12.7 38.4 SAIUSQtyIdx 16.91 0.01 10.5 57.1 Fed TF A1 10.69 -0.15 2.7 -1.1
BluChpGr K6 20.52 -0.10 18.6 57.9
CapWA 16.42 -0.08 2.4 -9.9 Dr500In n 47.13 -0.05 8.0 56.1 LgCapY 29.29 0.08 0.8 55.9 FidSer0-5 9.48 -0.01 2.2 NS NwInsghtM 26.18 -0.14 11.5 41.2 SmCapDisc n 23.72 0.03 3.4 95.4 HiInc A1 1.66 0.00 4.7 16.2
BluChpGrK 133.71 -0.59 18.4 55.8
CapWGrA 55.31 -0.05 7.6 42.3 Dreyf n 14.27 0.03 9.2 63.4 LongShortI 25.31 -0.16 1.4 41.7 FIDSerEmgMkt 8.01 -0.15 3.5 18.5 Fidelity Advisor Z: SmlCapO n 12.21 0.12 4.6 67.3 HY TF A1 8.72 -0.12 2.1 1.2
CAMun n 12.01 -0.19 2.2 0.1
EupacA 54.52 -0.18 11.2 36.5 DreyMid r Inv n 27.41 0.10 3.2 72.8 Dimensional Fds: FidSerInt 8.49 -0.02 2.4 NS AssetManager50% 18.59 -0.02 5.7 24.2 SmlCpGrth n 25.42 0.32 7.4 46.9 IncomeA1 2.31 -0.01 3.7 39.2
CapAp n 34.30 0.06 7.6 59.4
FdInvA 64.31 -0.05 7.0 50.9 GlFxIncI 19.27 -0.01 2.7 -0.3 2TGlFxd 9.64 0.00 1.4 -1.3 FidSerToMarket 13.57 0.00 7.7 57.3 AsstMngr70 24.04 -0.03 6.9 36.2 SmlCpGrth K6 13.58 0.16 7.5 48.6 NY TF A1 9.88 -0.15 2.9 -2.5
CapDevO n 18.75 0.01 8.6 75.7
GBalA 34.15 -0.06 5.4 23.4 InstS&PStkIdx I 57.24 -0.05 8.1 57.5 5GlbFxdInc 9.98 0.00 1.5 -5.2 FIDZroExtMktIx n 10.84 0.05 3.0 68.6 FloatRateHighInc 9.12 0.00 4.0 23.3 CnvSc n 30.57 -0.18 3.1 45.8 SmlCpGrth Z 25.68 0.32 7.5 47.4 US Gov A1 5.16 0.00 2.3 -9.3
GovtA 12.45 -0.04 2.4 -8.9 IntlStkI 23.55 0.14 14.8 33.1 DFARlEst 36.90 0.59 1.0 28.7 FIDZroLgCpIx n 14.53 -0.02 8.4 56.6 GovtIncome 9.33 -0.03 2.7 -12.9 Contra n 13.48 -0.08 13.1 44.7 SmlCpVal n 17.77 0.00 0.1 96.5 Utils A1 21.62 0.24 0.8 35.1
GwthA 55.06 -0.06 11.3 38.7 IntlStkY 23.25 0.13 14.8 33.3 EmgMkt 26.33 -0.49 4.6 34.0 Flex 500 Index 17.64 -0.01 8.2 58.5 GrOpp 111.87 -1.18 12.9 41.0 ContraK 13.53 -0.08 13.1 45.1 Srs1000ValIndRet 14.06 -0.02 2.2 58.4 Franklin Templeton:
HI TrA 9.17 -0.04 3.1 21.3 SmMidCpGrI 23.84 0.25 4.7 19.8 EmgMktSoCoEq 13.24 -0.27 5.2 35.3 FlexIntIdx 12.23 -0.03 9.0 41.0 InvestGradeBd 7.23 -0.01 3.3 -6.2 CpInc n 9.24 -0.04 4.0 33.8 SrsBlChGroRetail n 11.84 -0.05 18.6 60.4 TgtModA 13.52 NA NA NA
HiInMuniA 14.60 -0.20 2.5 6.0 StrgVal I 39.66 0.04 2.5 104.4 EmgMktVa 27.71 -0.33 5.1 53.2 FlexUSBdIdx 9.15 -0.02 2.8 -10.2 NewMktsIncFdZ 11.42 -0.14 0.8 1.7 DisEq n 50.38 -0.01 10.2 46.1 SrsCommStrt 99.84 -2.10 -5.2 80.5 FrankTemp/Frank Adv:
ICAA 44.27 0.18 7.7 52.3 BNY Mellon Funds Tru: EmMktCorEq 21.17 -0.40 5.2 42.0 Freedom2060K 11.88 -0.03 7.9 48.3 RE Income 11.24 0.04 2.5 32.4 DivGth n 29.90 -0.11 3.1 66.0 SrsEmrgMkt 16.29 -0.30 4.3 20.2 CA TF Adv 6.78 -0.10 2.0 -0.4
IncoA 22.97 0.02 2.3 36.6 MCMultiStrM 16.51 0.07 4.2 55.8 EmMktSmCp 21.18 -0.49 4.8 58.1 GlexUSIdxInstPre n 13.68 -0.03 9.0 40.8 StkSelAllCap 60.11 -0.07 8.9 59.4 DivIntl n 40.58 0.12 11.3 36.4 SrsGlobal 13.46 -0.03 9.0 40.8 CvtScAdv 20.00 0.05 4.1 49.3
IntBdA 12.61 -0.02 2.3 -3.6 NtlIntmMuni 12.90 -0.16 2.2 1.4 Fixd 10.14 0.00 1.4 0.1 GrowthCompanyK6 17.86 0.09 16.0 64.9 Fidelity Freedom: DivIntl K6 13.04 0.03 11.2 37.9 SrsIntlGrw 16.09 0.11 12.8 41.5 Dynat Adv 112.57 0.01 16.6 27.2
IntlGrIncA 34.77 -0.04 9.5 45.2 Bridge Builder Trust: GblAll60 40Inst 19.38 -0.02 4.7 34.4 InflPrBdIndInsPr n 9.30 -0.02 3.1 2.6 FF2010 n 13.30 -0.03 4.3 13.4 DivIntlK 40.49 0.11 11.3 36.8 SrsGroCoRetail 15.94 0.08 15.8 68.4 Growth Adv 112.40 0.57 9.1 47.3
56 BARRON’S April 24, 2023

D ATA MUTUAL FUNDS D ATA P R O V ID E D BY LIP P E R B A R R ON S .C OM / D ATA

Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr. Net YTD 3-Yr.
NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret. NAV Chg. % Ret. % Ret.
IncomeAdv 2.29 0.00 3.7 39.5 DiscFdA p 77.29 1.47 8.0 43.7 JPMorgan L Class: Natixis Funds: InvstGrCrBd 8.86 -0.03 3.8 -5.5 Royce Funds: ntTerBd n 9.19 -0.02 3.7 0.4 STAR n 25.80 -0.06 6.8 28.5
RisDv Adv 86.35 0.25 5.0 65.7 DisMdCpGrA 21.86 0.14 4.9 35.9 Fl EmMktEq L 29.07 -0.49 3.3 15.6 InvGradeBdY 9.85 -0.03 3.1 1.5 LowDurInc 7.78 -0.01 1.9 10.0 PAMut I nr 8.12 -0.01 6.7 72.8 S&PIdx n 52.75 -0.06 8.3 56.8 STIGrade n 10.07 -0.02 2.0 0.2
SmCpValAdv 53.58 -0.07 0.5 80.7 DivIncm p 24.50 0.01 1.3 45.6 MdCpVal L 34.17 0.21 -0.4 67.3 LSGrowthY 19.58 -0.10 20.3 44.9 ShtTm 9.48 0.01 1.4 4.6 Russell Funds S: TarRet2040 n 11.38 -0.01 6.3 36.1 StratgcEq n 31.32 -0.03 2.4 83.0
Utils Adv 21.84 0.24 0.8 35.8 DivrsDiv p 17.77 0.06 1.9 52.3 JPMorgan R Class: Neuberger Berman Fds: TotRt 8.61 -0.03 2.9 -8.3 StrSmCpEqInv n 32.46 0.01 2.6 90.2
StratBd 9.38 NA NA NA V
FrankTemp/Franklin A: EqIncA 9.88 0.00 1.1 46.6 PIMCO Funds Instl: TgtRe2020 n 26.62 -0.04 5.0 19.0
CoreBond 10.36 -0.02 3.3 -6.5 GenesInst 57.79 0.00 6.1 58.4 TaxExBd 21.83 NA NA NA
BAL A 12.33 -0.02 3.1 28.8 EqWtdA p 65.73 0.11 3.0 70.5 ComPLUSStrtgyFd 6.68 -0.19 -1.5200.4 TgtRe2025 n 17.62 -0.03 5.6 23.5
CorePlusBd 7.29 -0.02 3.3 -5.0 IntrinsicValInst 18.24 -0.17 2.5 85.2 TxMngUSLgCp 61.28 NA NA NA VALIC:
DynaTech A 107.92 0.00 16.5 26.2 GblStrIncmA p 3.11 -0.02 3.3 7.2 DynamicBd 9.57 -0.02 1.7 3.9 TgtRe2030 n 33.30 -0.04 6.2 28.1
HighYld r 6.23 -0.02 3.2 14.7 LCVal Inst 43.52 -0.17 1.1 90.6 IntlEq 7.60 0.03 11.1 46.2
EqIn A 28.59 0.09 2.4 54.3 GlbOppA p 46.62 -0.81 7.7 7.1 IncomeFd 10.41 -0.04 2.5 9.4 S TgtRe2035 n 20.61 -0.03 6.5 33.1
MtgBckd 10.17 -0.03 3.2 -3.7 LgShInst 16.32 -0.01 4.7 26.7 MidCpIdx 23.03 0.08 3.2 73.5
FoundFAlA 13.24 -0.01 4.9 31.8 GrIncA 20.56 0.03 0.6 75.6 InflRespMulAsset 7.68 -0.04 1.9 32.5 TgtRe2040 n 36.34 -0.05 6.9 38.2
ShtDurBnd 10.59 0.00 1.9 1.7 StrIncInst 9.66 -0.02 4.1 10.6 SciTech 18.77 -0.19 18.6 35.9
GrOp A 38.91 0.08 11.8 28.0 HYMuA 8.62 -0.15 2.4 4.8 Pioneer Funds A: Schwab Funds: TgtRe2045 n 24.48 -0.03 7.3 43.5
USRechEnhEq 31.66 0.00 8.8 64.6 Neuberger Berman Inv: StckIdx 43.97 -0.03 8.1 57.1
Growth A 111.42 0.55 9.0 46.2 IntTMIA p 10.34 -0.11 2.2 2.7 CoreEqA 18.91 -0.01 4.6 53.5 1000 Inv nr 88.58 NA NA NA TgtRe2050 n 40.63 -0.05 7.5 44.0
JPMorgPrm: Genes n 57.67 0.00 6.1 57.6 VANGUARD ADMIRAL:
LwDuToRt A 8.85 0.00 1.9 6.7 InvGloblFdA 85.08 -0.16 14.4 40.6 DiscGrA 14.01 0.07 10.4 60.1 CoreEq n 18.20 NA NA NA TgtRe2060 n 41.75 -0.05 7.5 44.1
LmtdTrmMunInc p 11.02 -0.08 1.4 2.8 USEquity L 18.48 0.00 8.3 60.6 Guard n 21.65 -0.06 12.9 61.5 400MCpIdxInst336.32 1.27 3.3 75.0 TgtRet2055 n 45.33 -0.06 7.5 44.0
RisDv A 86.46 0.30 5.0 64.5 LCVal n 43.57 -0.16 1.1 89.8 PioFdA 30.59 -0.14 4.7 50.3 FunIntlLgInst nr 9.97 NA NA NA
SmCpVal A 50.05 -0.06 0.5 79.4 MnStFndA 46.96 0.18 8.2 47.7 Pioneer Funds Y: FunUSLgInst nr 21.78 NA NA NA 500Adml n 381.59 -0.32 8.2 58.3 TgtRetInc n 12.72 -0.02 4.3 9.7
L Neuberger Berman Tr:
SmMCpGrA 30.24 0.20 9.5 38.0 MnStSmCpA p 24.17 0.21 3.6 55.3 InflProSel n 10.46 NA NA NA BalAdml n 41.57 -0.04 5.8 26.8 USGro n 45.00 -0.11 15.0 29.4
GenesisFdR6 57.76 0.00 6.2 58.8 BondY 8.24 -0.02 3.5 0.5 CAITAdml n 11.27 -0.14 2.0 0.8
StrInc A 8.22 -0.02 3.6 6.2 ModInvA 10.07 -0.01 5.1 25.7 Laudus Funds: IntI Sel nr 21.96 NA NA NA WellsI n 24.74 -0.03 2.0 13.3
Nicholas Group: StratIncY p p 9.28 -0.03 3.4 10.4 CALTAdml n 11.28 -0.18 2.5 -0.4
TtlRtn A 8.37 -0.02 3.3 -5.0 MunInA 11.88 -0.19 2.6 1.7 S&P Sel n 63.52 NA NA NA Welltn n 39.84 -0.03 4.2 30.9
USLgCpGr nr 19.87 NA NA NA Price Funds: CapOpAdml nr 156.41 -0.93 7.0 58.9
FrankTemp/Franklin C: RchHiYldMuniA 6.83 -0.12 3.7 7.7 Nich n 76.58 0.37 10.6 58.3 SmCp Sel nr 28.82 NA NA NA Wndsr n 21.11 -0.03 4.2 87.5
Lazard Instl: 2050RetFd n 15.66 0.00 7.1 45.2 CoStIxAd nr 97.77 1.74 4.0 45.9
RisingDivA 22.39 0.09 6.2 59.6 Northern Funds: TSM Sel nr 70.12 NA NA NA WndsrII n 39.33 -0.16 5.5 71.2
Income C 2.36 0.00 3.9 37.5 RochAMTFrMuni 6.89 -0.10 3.0 3.2 EmgMktEq 15.84 -0.18 8.7 39.1 Balnanced n 23.62 0.01 6.8 29.6 DivAppIdxAdm n 42.48 0.18 3.6 51.6
BdIdx n 9.27 -0.03 2.7 -10.2 USSmCoIdx nr 14.41 NA NA NA VANGUARD INDEX FDS:
FrankTemp/Franklin R: RochLmtTrNYMuni p 2.80 -0.02 2.0 2.1 GlbLstInfr 15.11 0.24 7.2 44.2 BlChip n 120.99 -0.14 16.9 22.5 EMAdmr n 33.17 -0.60 2.4 25.1
EmMktsEqIdx nr 10.51 -0.21 3.0 19.0 SEI Portfolios: 500 381.63 -0.34 8.2 57.8
FrkDynTchR6 114.18 0.01 16.7 27.6 RoMu A p 14.97 -0.30 3.5 3.2 IntStrtEq r 14.63 0.07 9.0 36.7 Communica&Tech n 105.13 -1.16 13.6 11.2 EnergyAd nr 58.25 -1.73 -3.0 210.0
HiYFxInc n 5.75 -0.03 4.2 18.0 CoreFxIn F 9.65 -0.03 3.1 -9.4 EmgMktInstPl 83.90 -1.52 2.4 25.4
FrkGrthR6 112.32 0.56 9.2 47.7 SenFltRtA 6.54 0.01 2.7 23.9 Legg Mason I: DivGro n 66.28 0.49 3.7 57.2 EnergyAdml nr 87.46 -1.01 2.3 89.8
IntlEqIdx nr 13.51 0.07 11.7 48.0 IntlEmg F 10.31 -0.21 3.9 21.5 ExtndIstPl 259.62 0.72 4.7 51.4
FrkIncR6 2.30 -0.01 3.7 40.2 SP IncomeA 4.66 -0.04 3.7 196.9 IntlGrTrI 61.40 0.65 13.7 36.0 EmMktS n 35.22 -0.85 2.7 5.3 EqIncAdml n 83.86 -0.04 -0.2 60.1
IntTxExpt n 9.81 -0.12 2.2 -1.4 IntlEq F 11.21 0.01 11.9 50.2 FTAIWdInPl 113.67 -0.21 8.6 42.3
FrkRisDivR6 86.34 0.24 5.1 66.1 Invesco Funds P: Longleaf Partners: EqInc n 32.96 0.07 1.3 69.0 EuropeAdml n 79.19 0.44 14.4 57.6
MidCpIdx n 19.14 0.07 3.3 74.7 IntMuni F 11.00 -0.13 2.0 1.1 IdxIntl 18.03 -0.05 8.4 42.1
FrkSmCpGrR6 20.53 0.47 11.3 38.4 EqIndex n 108.78 -0.09 8.2 57.6 ExplrAdml n 92.51 0.29 6.5 60.6
Summit P pn 18.48 -0.02 11.7 30.5 Partners n 20.07 0.00 9.9 48.7 SmCpVal n 17.89 0.01 -0.8 67.2 ITTresIdx Inst 25.03 -0.06 2.8 -10.5
FrankTemp/Mutual A&B: GlbStk n 49.68 -0.10 8.7 45.7 TaxMgdLC F 31.47 0.04 4.9 59.1 ExtndAdml n 105.21 0.29 4.7 51.3
Invesco Funds Y: Loomis Sayles Fds: StkIdx n 43.98 -0.04 8.2 58.0 LTTresIdx Inst 27.49 -0.16 5.5 -33.9
Shares A 22.92 -0.05 1.7 46.5 GlbTech n 12.09 -0.05 20.3 5.0 Sequoia: GNMAAdml n 9.34 0.00 2.6 -8.6
DevMktY 39.26 -0.40 12.3 16.5 LSBondI 11.53 -0.05 2.7 5.7 Nuveen Cl A: MdCpGrAdml n 83.04 -0.16 7.5 43.7
FrankTemp/Temp A: Growth n 71.72 -0.13 16.4 26.4 SequoiaFd n 133.07 -1.20 6.7 38.5 GroIncAdml n 83.86 -0.23 6.6 59.4
DiscovY 95.38 1.82 8.1 44.8 Lord Abbett A: AAMunBd p 10.09 -0.13 2.4 -3.1 HelSci n 91.43 0.46 1.8 37.1 MdCpVlAdml n 69.75 0.41 0.1 69.6
SmeadFds: GrwthAdml n 127.95 -0.13 16.8 50.9
Frgn A 7.64 -0.08 11.4 53.1 EqWtdY 66.76 0.11 3.0 71.8 Affiltd p 15.32 0.12 -0.9 48.6 HiYldMuBd p 15.05 -0.31 2.7 8.8 InstFLRfd r 9.30 0.00 3.9 19.7 SmValAdml n 67.70 0.26 -0.2 85.2
SmeadValueInstl67.44 0.22 2.0 100.7 HltClxAd nr 123.87 0.20 0.1 41.4
GlBond A 7.93 -0.10 1.4 -9.5 GloblY 86.13 -0.17 14.5 41.6 BdDeb p 7.00 -0.03 1.8 8.7 Nuveen Cl I: InstHiYld 7.52 -0.04 4.2 13.3 TotBd2 9.56 -0.02 2.9 -10.1
SSgA Funds: HlthCareAdml nr 90.29 0.15 3.9 36.1
Growth A 23.71 -0.01 10.9 36.2 IntGrowY 37.56 0.42 13.5 34.9 CalibrDivGr 17.59 0.15 4.2 54.2 LgCapGow I 52.73 -0.03 14.8 38.5 TotIntlInstIdx r 120.57 -0.36 8.5 42.4
HYMunBd 15.06 -0.31 2.8 9.6 HYCorAdml nr 5.23 -0.03 3.3 10.9
World A 13.01 -0.03 14.0 20.5 IntlSmCoY 42.02 -0.15 8.2 27.8 FloatRt p 7.95 -0.01 3.7 20.9 InstLCCoreGr 48.58 -0.05 16.9 23.0 SP500 n 216.83 -0.19 8.2 58.0 TotItlInstPlId r 120.60 -0.36 8.5 42.5
Nuveen Cl R: InfProAd n 23.80 -0.06 3.1 2.5
FrankTemp/Temp Adv: Ivy Funds: HYMuniBd p 10.56 -0.15 2.2 3.2 LgCpVal 22.30 0.03 0.5 68.0 TotSt 99.78 -0.02 7.6 56.8
IntDMunBd 8.76 -0.10 2.0 1.4 T InfTechIdx n 193.67 -1.08 18.7 74.5
GlBondAdv 7.89 -0.10 1.5 -8.8 AssetStrA p 18.81 -0.10 5.2 40.0 IntrTxFr 10.13 -0.12 2.4 1.0 InstSmCap 24.67 0.23 3.2 49.7 VANGUARD INSTL FDS:
LmtTrmR 10.79 -0.08 1.3 2.5 IntlGrAdml n 100.58 -1.16 11.3 35.2
Frost Family of Fund: CoreEqA t 14.80 0.02 6.9 59.0 MultiAstBalOppty 10.27 0.01 3.2 33.1 IntDis n 60.63 -0.12 6.6 31.5 ITBondAdml n 10.34 -0.04 3.5 -8.7 BalInst 41.58 -0.04 5.8 26.8
TCW Funds:
FrTRInst 9.45 -0.01 2.6 9.0 LgCpGwthA p 25.59 0.10 14.7 54.7 ShtDurIncmA p 3.86 0.00 1.8 4.7 O IntlStk n 18.27 -0.03 10.1 33.7 ITIGradeAdml n 8.54 -0.03 3.8 -4.8 DevMktsIndInst 14.92 0.03 10.7 48.9
LgCpGwthl r 27.99 0.11 14.8 56.2 EmMktInc n 6.08 -0.05 1.7 2.3 DevMktsInxInst 23.31 0.04 10.6 49.0
TaxFr p 10.34 -0.15 2.9 0.2 MCapVal n 29.22 0.07 3.1 76.4 ITsryAdml n 10.10 -0.03 2.7 -9.3
G MidCapI 29.32 0.01 9.4 48.9 TotRetBondI n 8.33 -0.02 3.3 -12.6 EmMkInst r 25.22 -0.46 2.4 25.2
Lord Abbett C: Oakmark Funds Invest: MCEqGr 59.67 0.08 6.8 43.8 ITTresIdx n 20.17 -0.05 2.8 -10.5
MdCpGwthA p 25.68 0.01 9.3 47.4 Thompson IM: ExtndInst 105.20 0.29 4.7 51.3
ShtDurIncmC t 3.88 0.00 1.6 2.5 EqtyInc nr 30.46 -0.02 3.5 49.0 MidCap n 94.56 0.11 6.6 43.0 LarCapAd n 94.94 -0.10 8.3 56.4
Gabelli Funds: ScTechA p 41.30 -0.55 12.6 36.2 N Asia n 16.41 -0.34 2.8 15.0 Bond n 9.73 0.01 1.2 7.4 LTGradeAdml n 8.09 -0.03 5.2 -18.3 FTAlWldIst r 107.34 -0.19 8.6 42.2
Lord Abbett F: Oakmark n 111.19 -0.37 8.7 95.6
Asset p n 49.78 0.04 4.8 58.1 ScTechI r 52.73 -0.70 12.7 37.1 NAmer n 56.41 -0.06 8.3 59.4 Thornburg Fds: LTsryAdml n 9.14 -0.06 5.2 -33.5 FTScinst 27.46 -0.02 10.1 53.5
ShtDurIncm 3.86 0.00 2.1 5.0 OakmrkInt n 26.63 -0.10 15.7 79.1
GE Elfun/S&S: Select n 55.60 0.22 12.3 83.0 New Era n 41.28 -0.75 0.4 98.3 IncBuildA t 22.67 0.03 8.1 56.1 MidCpAdml n 260.43 0.53 3.5 56.9 GrwthInst 127.96 -0.13 16.8 50.9
J Lord Abbett I: InPrSeIn 9.70 -0.02 3.2 2.7
Trusts n 63.59 -0.17 8.6 53.1 Old Westbury Fds: NHoriz n 49.22 0.38 6.2 21.9 IntVal I 24.43 0.19 10.6 47.7 MuHYAdml n 10.44 -0.16 3.0 3.3
BdDebentr 6.96 -0.03 1.8 9.3 OverS SF nr 12.00 0.06 9.4 48.3 LtdTIncI 12.67 -0.02 2.6 0.4 MuIntAdml n 13.53 -0.17 2.1 1.5 InstIdx 345.24 -0.30 8.2 58.3
GMO Trust Class III: Janus Henderson: AlCpCore n 21.46 -0.03 8.0 50.9
FloatRt 7.96 0.00 3.9 21.8 QMUSSmCpGrEq n 37.46 0.36 8.0 45.3 LtdTMu I 13.56 -0.12 1.3 -0.6 MuLTAdml n 10.74 -0.17 2.7 0.7 InstPlus 345.23 -0.30 8.2 58.4
Quality 25.53 0.12 10.7 60.2 Balanced C 38.85 0.05 5.6 25.1 HiYld 6.21 -0.03 3.3 14.8 CreditIncomeFd n 8.15 -0.02 2.5 NS
SpectModerGwAllo n 33.73 0.00 6.3 34.2 Thrivent Funds A: MuLtdAdml n 10.74 -0.07 1.3 2.4 InstTStPlus 71.74 -0.02 7.6 57.4
GMO Trust Class VI: Balanced T n 39.45 0.06 5.9 28.1 ShtDurInc p 3.85 -0.01 1.9 5.1 FixInc pn 10.20 -0.02 2.4 -6.8
R2010 n 14.12 -0.02 4.6 19.7 LgCpStk 24.13 0.00 7.7 49.7 MuShtAdml n 15.62 -0.06 1.0 2.3 ITBdInst 10.34 -0.04 3.5 -8.7
Quality 25.53 0.12 10.7 60.6 Enterprise T n 126.67 -0.72 7.0 57.7 LrgCpStr n 15.64 -0.03 7.3 36.1 ITBdInstPI 10.34 -0.04 3.5 -8.6
R2015 n 11.76 -0.02 4.7 22.6 MidCapStk 27.27 0.38 5.6 79.1 NJLTAdml n 11.26 -0.17 3.2 3.9
Goldman Sachs Inst: Grw&Inc T n 66.66 0.34 5.8 59.3 M MuniBd pn 11.56 -0.13 1.6 -1.6 LaCapInst 390.76 -0.40 8.3 56.4
R2020 n 17.57 -0.02 5.0 26.0 Thrivent Funds S: NYLTAdml n 10.70 -0.18 3.0 0.1
EmgMktEq 21.10 NA NA NA Resh T n 54.05 -0.03 13.9 40.1 Sm&MdCapStrategi n 14.54 -0.03 4.5 32.3 MidCpInst 57.53 0.12 3.5 56.9
MainStay Fds A: R2025 n 15.39 -0.02 5.3 30.3 PacifAdml n 84.59 -0.12 6.2 32.4
HYMuni 9.00 -0.14 3.0 5.6 Jensen I : Optimum Funds Inst: LgCpVal n 25.87 -0.02 1.6 77.9
R2030 n 23.13 -0.02 5.8 34.5 PALTAdml n 10.69 -0.17 2.5 0.1 MidCpIstPl 283.73 0.58 3.5 57.0
Muni 15.03 -0.19 2.2 4.7 HiYldBdA 5.03 -0.02 3.8 15.9 Fixed Inc 8.21 -0.02 2.6 -7.8 MidCapStk n 32.20 0.45 5.7 80.4 RealEstaInstl 18.07 0.26 0.9 27.7
Jensen I 57.67 0.11 5.8 55.0 R2035 n 18.17 -0.01 6.4 38.5 PrmcpAdml nr 141.30 -0.39 8.0 58.0
ShDuTF 10.28 -0.07 1.2 1.0 TxFrBdA 9.39 -0.13 2.3 0.0 LgCpGrwth 18.14 0.00 14.2 30.1 TIAA-CREF/Instl Cl: Rs1000GrwIdxInst482.88 -0.30 14.2 55.1
JensenQualGrJ n: R2040 n 26.08 0.00 6.8 42.0 RealEstatAdml n 116.78 1.73 0.9 27.7
Guggenheim Funds Tru: Mairs&Power: LgCpVal 18.82 0.03 0.9 56.8 Ret2045 n 18.49 0.00 7.1 45.0 CoreBond Inst 9.15 -0.02 3.1 -6.0 Rs1000Vl IdxInst264.17 -0.26 2.2 58.1
JensenQualGrJ n 57.74 0.11 5.7 54.1 S&PSC600Idx 351.25 -1.06 0.7 74.8
MacOppFdClInstl24.08 -0.02 3.5 13.9 JHF III DispVal: MairsPwrGr n 127.01 0.27 7.6 52.0 Osterweis Strat Income: Ret2055 n 16.32 0.00 7.2 45.1 CorePlsBd 9.14 -0.03 3.1 -3.9 SmCapAdml n 90.44 0.44 3.3 64.4 Russ1000IdxInst362.75 -0.29 8.0 57.6
TotRtnBdFdClInst 23.76 -0.05 3.7 -3.9 Mass Mutual: OsterweisStrInc n 10.52 -0.01 3.1 18.8 RetBal Inc n 12.40 -0.02 4.2 19.6 TIAA-CREF/Retail Cl: SmGthAdml n 76.23 0.48 8.3 38.1 Russ3000Idx 356.08 -0.15 7.6 57.4
DispVal I 21.00 -0.14 0.5 72.2
GuideStone Funds: DispValMCI 24.90 0.13 2.0 76.4 SelBluChipGroClI 19.26 -0.06 18.5 31.6 SciTec n 32.51 -0.25 24.4 41.5 EqIdx n 29.78 -0.02 7.5 56.4 STBondAdml n 10.00 -0.01 1.9 -3.2 SmCapInst 90.44 0.44 3.3 64.5
MassMutual Select: PQ Sht-Bd n 4.52 0.00 1.8 1.3 Gro&Inc n 21.09 0.03 10.6 55.0 STCorpIx n 20.73 0.00 2.0 0.5 SmCapIstPl 261.04 1.27 3.3 64.5
EqindxGS2 43.29 NA NA NA DispValMdCp 23.67 0.12 1.9 75.0
MedDurGS2 12.83 NA NA NA DispValMdCpR624.89 0.13 2.0 76.8 MCGrEqIII 18.63 0.05 6.6 42.1 SmCap n 47.76 0.34 -0.3 65.3 TIAA/CREF Funds: STFedAdml n 10.08 -0.02 1.3 -2.7 SmGthInst 61.04 0.38 8.3 38.1
Parnassus Fds: SmCapStk n 52.99 0.51 3.2 49.8 STIGradeAdml n 10.07 -0.02 2.0 0.5 SmValInst 37.84 0.14 -0.2 85.3
DispValR6 21.05 -0.14 0.6 72.9 Metropolitan West: BdIdxInst 9.64 -0.02 3.0 -10.2
H ParnEqFd n 50.91 0.45 8.7 56.9 SpecGr n 21.47 0.02 6.4 50.2 EqIdxInst 29.22 -0.01 7.6 57.6 STIPSIxAdm n 23.92 0.00 2.2 9.9 STBdIdxInstPl 10.00 -0.01 2.0 -3.1
JHITFunLgCpCorFd: LowDurBdI 8.29 NA NA NA Pear Tree: SpecInc n 11.12 -0.04 2.8 7.6 Gr&IncInst 13.56 0.02 10.7 56.2 STsryAdml n 9.94 -0.02 1.3 -3.1 STBDInst 10.00 -0.01 2.0 -3.1
FunLgCpCorA 56.56 0.09 12.2 64.0 TotRetBd n 9.25 NA NA NA
Harbor Funds: ForeignVal I r 21.37 -0.26 9.4 51.2 SuMuInt n 11.28 -0.12 2.1 1.1 HgYldInst 8.34 -0.05 3.7 13.9 STTresIdx n 19.46 -0.01 1.6 -2.8 STCorpIxInst p 25.37 -0.01 2.0 0.5
John Hancock: TotRetBdI 9.25 NA NA NA
CapApInst 74.47 -0.11 18.7 38.9 Perm Port Funds: TF Incom n 10.71 -0.14 2.5 5.4 IntlEqIdxInst 21.34 0.10 11.7 47.9 TotBdAdml n 9.67 -0.03 2.9 -10.0 STIGradeInst 10.07 -0.02 2.1 0.5
500Index1 44.00 -0.04 8.1 57.0 TRBdPlan 8.67 NA NA NA
IntlInst 43.54 0.28 10.6 52.7 Permanent n 47.54 -0.53 2.4 39.7 TotIndex n 44.22 0.01 7.8 55.9 IntlEqInst 12.74 0.06 11.5 53.8 TotIntBdIdxAdm n 19.39 -0.03 2.8 -9.0 STIPSIxins 23.93 0.00 2.2 10.0
BondI 13.56 -0.04 3.1 -5.3 UnconstrBdI 10.39 NA NA NA
SmCpValInst 37.07 -0.04 3.4 71.0 PGIM Funds Cl A: U.S.EqResch n 39.69 0.04 9.4 60.7 LC2040Inst 9.39 0.00 6.6 39.9 TotIntlAdmIdx nr 30.15 -0.09 8.5 42.3 STTresIdx 24.44 -0.02 1.6 -2.8
BondR6 13.58 -0.05 3.1 -5.0 MFS Funds:
Harding Loevner: USLrgCpCore n 30.58 0.02 4.7 52.3 LCIdx2020Inst 17.86 -0.02 5.3 19.6 TotStAdml n 99.79 -0.03 7.6 57.2 TotBdInst 9.67 -0.03 2.9 -9.9
IntlGrwI 24.34 0.12 8.5 24.9 IIE 31.99 0.30 13.7 53.9 HighYield 4.61 -0.01 3.6 14.6
Value n 39.12 0.16 1.5 66.9 LCIdx2025Inst 19.58 -0.02 5.7 23.8 TxMBal nr 37.96 -0.24 4.9 26.8 TotBdInst2 9.56 -0.02 2.9 -9.9
EmgMktsAdv n 40.48 -0.84 2.2 9.7 John Hancock Class 1: MFS Funds Class A: JennGrowth 42.72 -0.06 18.6 39.4
Price Funds - Adv Cl: LCIdx2035Inst 22.94 -0.03 6.7 33.3 TxMCapAdml n 213.13 -0.18 8.1 58.4 TotBdInstPl 9.67 -0.03 2.9 -9.9
IntlEq 25.56 -0.04 9.1 39.4 JennUtility 14.67 0.14 -0.4 35.8
BlueChipGrw 38.44 -0.04 16.9 22.5 AgGrAIA 26.28 0.08 6.0 46.0 BlChip p 117.64 -0.14 16.8 21.6 LCIdx2040Inst 24.32 -0.02 7.2 39.0 TxMIn nr 14.90 0.03 10.6 48.9 TotIntBdIdxInst 29.10 -0.04 2.8 -8.9
Hartford Funds A: TotalReturnBond p 11.98 -0.03 3.1 -7.0
LSAggr 12.57 -0.02 6.4 48.5 CoEqyA 40.45 0.16 6.6 52.6 Growth p 69.32 -0.12 16.3 25.4 LCIdx2045Inst 25.18 -0.03 7.5 44.1 TxMSC nr 77.30 -0.23 0.7 73.9 TotStInst 99.81 -0.02 7.6 57.3
BalIncA 13.86 -0.02 1.7 18.3 LSBalncd 12.10 -0.03 5.3 29.2 GrowthA 136.41 0.28 11.4 32.0 PGIM Funds Cl Z: USGroAdml n 116.59 -0.28 15.1 29.8 TtlWrldIxInst p 189.72 -0.29 8.1 50.9
R2030A p 22.84 -0.02 5.8 33.5 LrgCpGrIdxInst 42.30 -0.03 14.1 55.1
CapAppA 34.92 0.07 5.9 46.2 LSGwth 12.47 -0.03 5.9 39.3 IntlVA 39.97 0.34 12.4 27.5 HighYield 4.62 -0.01 3.6 15.4 UtilIxAd nr 75.94 0.79 -0.5 32.4 TxMCaInst r 105.89 -0.09 8.1 58.5
Price Funds - R Cl: LrgCpGrInst 18.95 0.05 17.7 40.9
DiscpEqA 40.98 -0.05 5.9 48.0 LSModer 11.44 -0.02 4.6 19.2 MCapA 23.74 0.12 7.4 33.3 JennGrowth 48.39 -0.07 18.7 40.7 ValAdml n 54.73 -0.05 0.6 61.6 ValueInst 54.72 -0.06 0.5 61.7
DivGth A 29.85 -0.06 2.3 62.7 R2030R p 22.52 -0.02 5.7 32.5 LrgCpVl IdxInst 22.21 -0.02 2.2 58.1
John Hancock Funds A: MCapValA 27.58 0.12 1.1 74.7 TotalReturnBond 11.94 -0.03 3.1 -6.2 WdsrllAdml n 69.77 -0.28 5.5 71.6 Victory Funds:
EqInc 20.04 0.01 0.1 59.1 PRIMECAP Odyssey Fds: LrgCpVl IdxRet 22.66 -0.02 2.1 57.0
BalA 23.64 -0.03 5.5 25.8 MIGA 35.74 0.04 8.2 56.1 PIMCO Fds Instl: WellsIAdml n 59.92 -0.08 2.0 13.5 EstValA 45.09 0.06 1.0 90.7
GrOppty 34.12 0.14 14.2 32.1 AggGrowth r nr 39.64 -0.22 9.4 43.7 LrgCpVl Inst 19.46 0.02 2.2 63.6
BondA p 13.56 -0.04 3.0 -6.1 MITA 33.67 0.13 5.3 51.6 AllAsset 10.81 -0.04 3.5 34.8 WelltnAdml n 68.79 -0.04 4.3 31.2 EstValI 45.13 0.06 1.1 92.4
MidCap A 23.88 0.08 5.6 36.9 Growth r nr 35.80 -0.17 6.3 57.0 QuantSmCpEqInst 15.49 0.13 2.2 78.5
LifeBal 12.23 -0.02 5.3 27.9 MuHiA 7.26 -0.11 2.1 2.8 AllAssetAuth r 6.51 -0.03 3.6 29.7 WndsrAdml n 71.19 -0.11 4.2 88.2 SmCoOppI 46.61 -0.26 0.5 75.5
Hartford Funds C: Stock r nr 33.43 -0.02 4.7 67.8 RealSecInst 16.33 0.36 1.7 23.1
LifeGrw 12.55 -0.03 5.8 37.8 MuInA 8.07 -0.12 2.3 1.1 CommodtyRR 13.55 NA NA NA VANGUARD FDS: Virtus Equity Trust:
Principal Investors: S&P500IdxInst 45.30 -0.04 8.2 58.2
Bal IncC 13.62 -0.02 1.5 15.7 John Hancock Instl: ResBdA 9.50 -0.03 3.4 -5.6 DivInc 9.17 -0.05 2.3 0.1 S&P500IdxRet 44.95 -0.04 8.1 57.0 CAIT n 11.27 -0.14 2.0 0.6
HiYld IN 8.04 -0.02 4.4 14.6 SmCapSusI 32.52 0.14 11.8 35.8
Hartford Funds I: StratIncmOppI 9.81 -0.05 3.0 6.6 RschA 49.11 0.12 5.5 47.1 EmMktsBd 7.97 -0.09 1.9 1.1 SmCpBl IdxInst 20.49 0.12 2.2 57.4 DivdGro n 35.97 0.28 2.2 56.9 VirtusFunds:
TotRA 18.66 -0.01 1.7 28.7 HiYld 7.69 -0.04 4.1 10.6 InfPro IN 7.91 -0.03 3.1 2.8 DivrEq n 39.12 -0.07 8.5 56.9
BalIncI 13.87 -0.01 1.9 19.2 JPMorgan A Class: SocChEqInst 23.47 -0.02 5.4 56.0 CeredexMdCpVlEqI 10.76 0.04 0.0 58.2
UtilA 23.09 0.21 2.5 46.8 HiYldMuniBd 8.27 -0.11 2.7 4.6 LgIndxI 20.83 -0.02 8.2 57.6 Energy nr 46.62 -0.53 2.3 89.3
DivGthI 29.65 -0.07 2.3 63.9 CoreBond 10.35 -0.02 3.2 -7.6 Tortoise Capital: VirtusFunds Cl I:
ValueA 47.43 0.34 0.3 52.7 IntlBdUSH 9.46 -0.03 2.6 -2.3 LT2020 In 11.77 0.00 4.7 20.6 EqInc n 40.02 -0.02 -0.3 59.7
EmrgMktEqInv 15.07 -0.28 3.6 19.2 CorePlusBd p 7.28 -0.02 3.1 -6.1 TorMLPPipInsCl 13.12 -0.20 1.6 114.7
MFS Funds Class I: InvGrdCrBd 8.86 -0.03 3.8 -5.2 LT2030In 12.89 0.01 5.6 29.6 Explr n 99.48 0.31 6.4 60.1 EmMktI 7.70 -0.14 -0.3 5.8
EqIncI 19.87 0.01 0.1 60.2 EqInc p 21.79 0.05 -1.1 58.2 Touchstone Funds Gro:
LgTrmCrdtBd 9.03 -0.05 5.1 -13.5 LT2040I 14.31 0.03 6.6 37.9 FTAlWldInAdml n 33.86 -0.06 8.6 42.1 MulSStI 4.40 NA NA NA
InterValue 16.55 -0.07 9.5 82.7 GwthAdv p 24.57 -0.02 11.4 53.7 GrowthI 147.86 0.30 11.5 33.0
LngDurTotRtrn 7.43 -0.04 5.3 -20.9 LT2050I 14.81 0.04 7.1 43.5 MdCpY 43.80 0.58 6.1 46.2 GlbCapCyl Inv nr 12.26 -0.16 6.7 100.5 Vivaldi Merger:
IntlAlphaInv 16.24 0.04 12.7 54.5 Inv Bal p 14.32 -0.01 4.9 24.9 MCapI 25.58 0.14 7.5 34.3
LowDur 9.13 -0.02 1.6 -1.9 MdValI In 15.60 0.02 1.2 82.0 Touchstone Strategic: GlbEq n 29.24 -0.16 9.3 42.5 Arbitrage Fund 10.81 0.01 0.9 15.0
MidCap 25.35 0.09 5.7 37.8 InvCon p 11.77 -0.02 3.8 12.4 MCapValI 28.42 0.12 1.2 76.0
LowDurInc r 7.78 -0.01 1.9 10.3 MidCpBldA 32.15 0.35 7.1 51.6 LagCapFoc A p 52.07 -0.17 9.2 60.6 GloMinVolFdAdm n 27.79 0.16 3.3 28.8 Voya Fds:
WorldBond 10.13 -0.03 2.2 -0.5 InvG&I p 16.80 -0.02 5.4 35.5 MIGI 37.22 0.04 8.3 57.3
ModDur 9.22 -0.02 2.4 -3.5 PreSecI 8.59 0.03 -0.6 5.0 Transamerica A: GNMA n 9.34 0.00 2.6 -8.9
Hartford HLS Fds IA: InvGrwt p 20.94 -0.01 6.5 49.1 ResBdI 9.50 -0.03 3.4 -5.1 InmdBdI 8.73 NA NA NA
MortgOppBd 9.40 0.00 2.0 5.0 PtrLGI In 14.89 0.08 13.4 33.8 GroInc n 51.38 -0.14 6.6 58.9
Balanced 27.40 -0.04 4.3 35.4 LgCpGwth p 47.24 -0.06 8.4 53.4 RschI 50.77 0.13 5.6 48.2 PtrLV In 16.96 -0.01 0.3 60.2 AsAlModGr p 11.34 -0.03 5.6 32.7
ValueI 47.75 0.35 0.4 53.8 RealRtnI 10.20 -0.04 2.8 3.7 Trust for Professional Ma: HlthCare nr 214.14 0.35 3.9 35.9 WXYZ
CapApp 41.97 0.11 6.6 50.1 USEquity 18.35 0.00 8.1 58.6 RealEstSecI 25.89 0.57 3.2 32.6
Morgan Stanley Inst: ShortT 9.48 0.01 1.4 4.9 HYCor nr 5.23 -0.03 3.3 10.6
DiscEqui 16.72 -0.02 6.0 49.7 ValAdv t 34.26 0.09 -0.6 65.6 SAMBalA p 14.15 0.02 5.1 25.5 PrfTrtStrtBd Ins 19.48 -0.04 3.0 -1.6 Wasatch:
ShtAssetInv 9.85 0.01 1.4 4.0 InflaPro n 12.12 -0.03 3.0 2.2
Div&Grwth 22.56 -0.05 2.4 65.0 JPMorgan I Class: CapGrI 29.31 -0.41 14.6 -9.2 SAMGrA p 16.11 0.04 6.0 35.8 Tweedy Browne Fds:
StksPLS 10.16 -0.01 8.2 54.2 IntlExplr n 16.66 -0.03 10.0 35.6 CoreGr n 69.71 0.75 7.8 57.8
Stock 97.63 0.78 2.1 57.6 CoreBond 10.35 -0.02 3.4 -6.9 CapGrP p 26.30 -0.37 14.5 -9.9 Putnam Funds Class A: GblValue n 27.74 -0.02 8.9 43.6
TotRetESG 7.65 -0.02 2.7 -9.9 IntlGr n 31.63 -0.36 11.2 34.7 WCM:
TotRetBd 9.56 -0.03 3.1 -5.9 CorePlusBd 7.28 -0.02 3.2 -5.3 GloFranI t 32.84 0.40 9.1 37.1 DynAAGthA 16.65 -0.03 6.5 38.7
TotRt 8.61 -0.03 2.9 -8.0 IntlVal n 39.25 0.03 9.8 52.5 FcusEmgMk Inst 12.97 -0.31 0.7 11.8
EmMktEq I 28.85 -0.49 3.3 15.3 MorganStanleyPathway: PutLargCap p 28.92 -0.11 2.8 70.4 U
I TrndsMgdFutStrgy 10.59 -0.03 -5.6 20.9 ITIGrade n 8.54 -0.03 3.8 -5.1 WCM Focus Funds:
EqInc 22.23 0.05 -1.0 59.1 CoreFxIcm n 6.96 -0.02 3.0 -8.9 GlbHlthCare p 56.67 0.19 1.2 38.1 LifeCon n 19.94 -0.02 5.0 11.7
PIMCO Funds A: UM Funds: WCMFocIntlGrwIns22.05 0.12 12.2 41.4
GrAdv r 26.00 -0.02 11.4 54.8 LgCapEq n 20.12 0.00 7.7 51.7 GrOpp p p 43.50 -0.02 14.5 42.6 LifeGro n 38.53 -0.05 6.9 36.8
IFP US Equity Fund: IncomeFd 10.41 -0.04 2.4 8.2 BehavVal 75.06 0.20 -0.8 133.1 Western Asset:
LgCapVal 18.26 -0.06 2.5 99.7 Munder Funds: StDurInc 10.01 0.00 1.5 4.2 LifeInc n 14.80 -0.02 3.9 0.6
IFP US EquityFd 18.56 0.10 12.3 59.6 LgCpGwth 48.52 -0.06 8.5 54.5 LowDurInc 7.78 -0.01 1.8 9.0 USAA Group: CoreBondI 10.82 -0.03 3.3 -9.8
MndrIntlSmCpInv r 13.87 -0.05 8.4 43.6 SustainLdrsFd p 94.72 0.38 7.1 47.6 LifeMod n 29.07 -0.04 5.9 23.8
Invesco Fds Investor: MdCpGrw 40.51 0.17 7.0 40.2 RealRtnA 10.20 -0.04 2.7 2.5 500Indx Reward n 52.79 -0.06 8.3 57.2 CoreBondIS 10.83 -0.03 3.3 -9.8
Mutual Series: Putnam Funds Class Y: LTIGrade n 8.09 -0.03 5.2 -18.5
DivrsDiv n 17.76 0.06 2.0 52.6 MdCpVal 33.55 0.21 -0.4 66.4 TotRetA 8.61 -0.03 2.8 -9.0 CrnstModAggr n 24.58 -0.06 4.6 25.4 CorePlusBdA 9.55 NA NA NA
BeacnZ 15.26 0.01 6.2 48.6 GrOpp Y 46.56 -0.02 14.6 43.7 MATxEx n 10.04 -0.15 2.6 -0.7
Invesco Funds A: MtgBckd 10.17 -0.03 3.1 -4.2 PIMCO Funds C: Gr&Inc n 19.88 -0.01 7.5 50.8 CorePlusBdI 9.56 NA NA NA
GlbDiscA 28.40 -0.06 7.5 62.4 PutLargCap 28.93 -0.10 2.9 71.7 MidCpGro pn 20.35 0.03 8.1 30.5
500InxA 43.70 -0.04 8.0 56.0 ShtDurBnd 10.59 0.00 1.9 1.4 IncomeFd 10.41 -0.04 2.2 5.7 StDurInc 10.02 0.00 1.6 4.5 Grwth n 27.12 -0.09 18.0 38.0 MuHY n 10.44 -0.16 3.0 3.1 CorePlusBdIS 9.54 -0.04 3.2 -10.0
GlbDiscz 29.22 -0.06 7.5 63.7 PIMCO Funds I2:
ActiveAllA 12.56 -0.01 5.6 34.6 SmCap 51.73 0.83 2.9 62.6 Inco n 11.34 -0.05 3.0 -2.8 MuInt n 13.53 -0.17 2.1 1.2 ManagedMuniA 14.86 -0.18 2.6 3.4
QuestZ 13.18 0.04 1.6 31.7
CapApprA p 52.04 -0.11 9.7 39.7 USEquity 18.43 0.00 8.2 59.9 CommdtyRR 13.43 NA NA NA R IncStk n 17.42 0.01 0.8 55.4 OHLTte n 11.53 -0.20 2.4 -1.1 SMAShCrPlCp n 6.33 -0.03 3.1 -12.5
SharesZ 23.27 -0.04 1.8 47.7
Chart 15.91 0.03 8.5 46.6 ValAdv 34.53 0.09 -0.5 66.8 ComPLUSStrtgyFd 6.58 -0.18 -1.4 199.2 IntmTerm n 12.48 -0.14 2.0 2.1 Primcp nr 136.39 -0.38 8.0 57.7 SmashSerM n 8.10 -0.03 3.7 -17.2
CmstA 26.59 -0.22 0.9 93.2 JPMorgan Inst Class: N Income 10.41 -0.04 2.5 9.1 RiverNorth Funds: LgTerm n 11.92 -0.22 2.2 0.0 PrmcpCor n 28.74 -0.05 5.7 62.2 Wm Blair Funds Cl I:
DevMktA 39.94 -0.41 12.2 15.6 ValAdv L 34.57 0.09 -0.5 67.6 IntlBdUSH 9.46 -0.03 2.5 -2.5 RNDLIncomeI 8.56 NA NA NA Nasdaq100 n 33.28 -0.20 19.0 56.4 SelValu nr 26.19 -0.07 4.8 104.2 SmMidI r 27.38 0.09 5.7 39.8
April 24, 2023 BARRON’S 57

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

DJ Half-Hourly Averages Trading Diary

The Dow Jones Averages Dow Jones 30 Industrial (divisor: 0.15172752595384)
Daily
Open (t)
Open (a)
10:00
Apr 17
33918.04
33930.46
33924.18
18
33978.61
33965.16
33880.11
19
33929.51
33889.83
33853.39
20
33741.87
33740.60
33700.54
21
33840.00
33793.60
33771.99
Market Advance/Decline Volumes
Daily
NY Up
NY Off
Apr 17 18 19
533,201 394,465 344,088 210,906 373,416
260,157 368,183 403,158 610,623 513,470
NY Up - Comp. 2,287,545 1,821,262 1,508,466 970,995 1,469,836
20 21

NY Off - Comp. 1,261,047 1,674,032 2,002,941 2,745,853 2,086,619

10:30 33924.96 33832.30 33875.13 33755.65 33838.73 NYSE Amer UP 2,997 4,977 2,137 2,783 2,126

Industrials 11:00
11:30
33901.70
33902.68
33842.12
33886.63
33889.48
33877.98
33849.59
33802.41
33700.91
33739.65
NYSE Amer Off
NASD Up
4,602 5,194 7,058 4,633 6,531
3,360,029 2,344,312 2,638,918 1,212,330 2,713,174
34925 12:00 33882.58 33901.92 33889.37 33803.07 33764.90 NASD Off 1,416,615 2,455,144 2,261,667 3,321,299 2,112,117
12:30 33885.39 33975.79 33889.17 33821.77 33748.30 NYSE Arca UP 146,958 135,752 69,565 75,649 99,537
Week's NYSE Arca Off 93,769 88,964 144,772 162,685 142,401
Components Change 1:00 33861.34 33963.83 33903.02 33856.23 33755.39
1:30 33869.84 33958.49 33911.89 33868.68 33754.68 % (QCHA) +.52 –.15 –.11 –.42 –.16
3M -1.29 % (QACH) –.04 +.40 –.43 –.48 –2.01
2:00 33821.63 33984.55 33925.09 33844.71 33797.18
American Express 0.56 34150 2:30 33845.67 34004.43 33906.62 33822.37 33801.37
% (QCHAQ) +1.25 …. +.14 –.65 ….
Amgen -6.14 3:00 33916.13 33980.99 33898.98 33752.26 33785.42 Market Advance/Decline Totals
Apple -0.19 3:30 33956.49 33981.56 33883.72 33699.61 33785.40 NYSE NYSE
Boeing 3.44 Weekly Comp. NYSE Amer Nasdaq Arca
Close 33987.18 33976.63 33897.01 33786.62 33808.96
Total Issues 3,222 345 5,144 1,974
Caterpillar -3.41 33375 High (t) 34140.15 34197.03 34135.17 34041.38 34021.12 Advances 1,466 106 2,297 703
Chevron -3.32 Low (t) 33677.41 33680.21 33644.16 33495.77 33554.16 Declines 1,702 232 2,706 1,253
Cisco Systems -3.51 High (a) 33991.23 34018.62 33957.98 33875.39 33858.83 Unchanged 54 7 141 18
Coca-Cola 1.00 Low (a) 33796.91 33791.89 33814.65 33677.74 33688.57 New Highs 169 13 231 105
Disney -0.33 Change +100.71 –10.55 –79.62 –110.39 +22.34 New Lows 95 18 452 23
Dow -1.63 32600 Week ended last Friday compared to previous Friday
Goldman Sachs 4.74 Theoretical (t): High 34197.03 Low 33495.77
Home Depot 7.85 Actual (a): High 34018.62 Low 33677.74 NYSE Composite Daily Breadth
Honeywell International -0.47 Daily Apr 17 18 19 20 21
IBM -2.41 31825 Issues Traded 3,131 3,125 3,106 3,082 3,100
Intel -1.59 Dow Jones 20 Transport (divisor: 0.16343894576034) Advances 1,835 1,374 1,399 1,102 1,350
Johnson & Johnson -3.15 Declines 1,160 1,617 1,580 1,857 1,612
Open (t) 14299.71 14368.73 14241.16 14369.04 14492.69 Unchanged 136 134 127 123 138
JPMorgan Chase 1.81 Open (a) 14260.03 14338.08 14262.57 14395.96 14463.50 New Highs 56 66 54 70 54
McDonald's 3.08
Merck 0.06 31050 10:00 14335.03 14438.66 14308.62 14497.28 14465.74 New Lows 39 34 33 34 39
10:30 14305.54 14330.95 14263.46 14549.96 14477.15 Blocks - primary 3,829 3,616 3,854 4,290 4,409
Microsoft -0.38 Total (000) - primary 804,776 770,128 758,794 832,743 897,262
11:00 14251.22 14328.38 14311.28 14565.59 14435.70
Nike Cl B -0.42 Total (000) 3,611,185 3,536,647 3,572,564 3,772,084 3,611,754
11:30 14248.60 14290.50 14305.73 14566.51 14434.74
Procter & Gamble 5.07
12:00 14231.16 14305.97 14285.95 14557.11 14409.84 NYSE American Composite
Salesforce 4.38 30275 12:30 14231.71 14310.15 14309.53 14520.36 14392.41 Daily Apr 17 18 19 20 21
Travelers Cos 11.13
1:00 14258.16 14311.01 14333.01 14518.67 14324.94 Issues Traded 318 313 316 316 308
UnitedHealth Group -27.97
1:30 14257.50 14302.37 14369.64 14511.81 14360.70 Advances 145 132 112 111 104
Verizon Communications -1.90
2:00 14223.19 14299.67 14381.03 14498.25 14402.26 Declines 158 160 183 184 185
Visa Cl A 0.03
Walgreens Boots Alliance -0.05 29500 2:30 14211.03 14280.39 14395.47 14484.57 14439.52 Unchanged 15 21 21 21 19
3:00 14248.41 14281.60 14418.23 14460.02 14392.10 New Highs 2 5 2 4 1
Walmart 3.25 November December January February March April New Lows 6 8 5 6 15
3:30 14303.69 14297.46 14433.29 14422.08 14396.17
Blocks - primary 82 109 106 87 94
Close 14319.29 14308.89 14434.87 14446.68 14413.58
Total (000) - primary 7,853 10,248 9,219 7,602 8,901
High (t) 14405.41 14504.47 14460.51 14648.13 14619.43 Total (000) 106,253 161,082 121,943 104,846 114,266
Transportation Low (t)
High (a)
14161.83 14196.71 14191.08 14282.86
14341.40 14478.59 14437.35 14578.06
14283.93
14539.17 Nasdaq
16025 Low (a) 14197.18 14252.44 14235.22 14357.29 14317.41 Daily Apr 17 18 19 20 21
Week's Change +72.69 –10.40 +125.98 +11.81 –33.10 Issues Traded 4,669 4,660 4,655 4,632 4,618
Components Change Advances 2,751 1,954 2,104 1,580 2,092
15600 Theoretical (t): High 14648.13 Low 14161.83 Declines 1,712 2,512 2,324 2,832 2,303
Alaska Air Group 2.50 Actual (a): High 14578.06 Low 14197.18 Unchanged 206 194 227 220 223
American Airlines Group 0.61 New Highs 80 74 65 58 68
Avis Budget Group -1.11
15175 New Lows 170 152 140 150 201
CH Robinson Worldwide 1.82 Dow Jones 15 Utilities (divisor: 1.27924906167720) Blocks - primary 36,507 36,897 46,208 32,297 44,059
CSX 1.36 14750 Total (000) 4,823,182 4,851,816 4,972,705 4,590,533 4,868,059
Open (t) 959.65 962.16 962.10 968.33 973.76
Delta Air 0.56 NYSE Arca Composite
Open (a) 958.23 962.67 960.24 967.99 972.00
Expeditors Intl of Wash -0.43 Daily Apr 17 18 19 20 21
FedEx -0.25 14325 10:00 962.38 961.08 963.13 968.21 971.21
10:30 958.58 964.37 967.96 963.83 966.59 Issues Traded 1,747 1,738 1,727 1,730 1,728
JB Hunt Transport -0.35 Advances 1,030 1,107 441 518 859
11:00 962.05 961.13 969.53 963.56 964.22
JetBlue Airways 0.13 13900 11:30 961.85 956.69 966.63 967.68 968.31
Declines 692 604 1,255 1,193 829
Kirby Corp -1.36 Unchanged 25 27 31 19 40
Landstar System 1.45 12:00 959.11 956.84 966.01 964.43 965.74 New Highs 9 29 17 10 40
Matson 2.36 13475 12:30 960.16 957.34 965.41 963.46 966.70 New Lows 5 5 4 8 12
Norfolk Southern 4.02 1:00 959.87 958.58 964.87 966.47 968.06 Blocks - primary 1,302 1,136 1,064 1,129 1,219
Old Dominion Freight 10.18 1:30 959.74 957.45 965.82 965.60 968.86 Total (000) - primary 252,546 228,189 221,794 242,675 244,994
13050 2:00 958.11 956.84 964.69 964.92 968.67 Total (000) 1,435,267 1,267,699 1,279,059 1,354,526 1,300,611
Ryder System -0.12
Southwest Airlines 0.48 2:30 955.77 957.77 965.94 965.31 970.60
12625 3:00 959.33 957.51 966.03 962.77 969.56
Union Pacific
United Airlines
0.32
2.78 3:30
Close
960.56
963.07
958.73
958.99
966.39
966.75
962.11
966.78
968.38
969.34
Other Market Indexes
United Parcel Service B 2.34
12200 High (t) 965.86 966.45 970.72 971.72 976.41
Daily 4/17 4/18 4/19 4/20 4/21

November December January February March April Low (t) 953.09 953.66 960.03 959.27 963.88 NYSE Amer Comp 4341.71 4312.48 4282.99 4271.64 4254.31
High (a) 963.44 964.94 969.97 969.78 975.76 AmMajorMkt 3112.17 3120.54 3116.91 3108.88 3112.98

Utilities Low (a)

Change
953.79
+6.60
954.94
–4.08
960.24
+7.76
961.36
+.03
963.94
+2.56
BNY ADR Idx
Europe
154.33
152.42
154.41
152.49
153.32
151.87
152.86
151.54
152.70
152.72
1040 Latin Am 195.00 194.58 188.33 188.30 184.46
Theoretical (t): High 976.41 Low 953.09 Asia 172.69 172.80 171.42 170.54 168.21
Week's
Change Actual (a): High 975.76 Low 953.79 Emerg M 289.74 289.35 284.76 284.80 279.45
Components
DJ US TSM Float41460.97 41487.52 41491.68 41238.43 41271.18
AES -0.86 Nasdaq Cmp 12157.72 12153.41 12157.23 12059.56 12072.46
American Elec Power 1.42 1000 Dow Jones 65 Composite (divisor: 0.77130165331605)
100 Index 13087.71 13091.79 13088.71 12985.98 13000.77
American Water Works 1.23 Indus. 8259.34 8247.06 8239.81 8145.70 8205.06
Open (t) 11293.97 11324.67 11287.89 11288.40 11342.92 Insur. 11669.56 11728.00 11746.80 11717.33 11627.44
Atmos Energy 2.34
Open (a) 11285.66 11316.39 11281.53 11293.30 11324.69 Banks 3120.06 3057.55 3141.45 3103.23 3067.87
Consolidated Edison 2.36
10:00 11293.51 11304.32 11286.76 11305.54 11318.80 Computer 9736.49 9751.01 9739.23 9686.52 9648.85
Dominion Energy -0.22
Duke Energy 0.72 960 10:30 11298.10 11290.97 11292.63 11323.55 11339.57 Telecom 395.18 394.41 387.26 379.78 380.88
11:00 11286.42 11277.38 11302.06 11345.30 11287.54 NYSE Comp.-z 15668.34 15684.96 15653.62 15582.94 15578.93
Edison International 1.32
11:30 11287.28 11283.83 11295.35 11331.04 11295.32 Financial-z 8727.25 8752.13 8781.90 8743.38 8709.83
Exelon 1.09 Health Care-z23521.71 23362.71 23328.97 23255.15 23486.50
FirstEnergy -0.23 12:00 11274.85 11282.76 11298.83 11327.36 11293.92
Energy-z 13100.01 13122.21 13026.18 12934.28 12870.62
12:30 11275.88 11307.47 11302.25 11327.85 11286.82
NextEra Energy 0.97 920 1:00 11273.54 11297.65 11311.78 11338.47 11288.65
Russell 1000 2272.90 2274.94 2274.85 2261.13 2262.83
Public Svc Enterprise 0.59 2000 1802.84 1795.55 1799.44 1789.70 1791.51
Sempra 3.77 1:30 11273.79 11296.91 11318.85 11339.39 11287.44 3000 2385.64 2387.11 2387.32 2373.01 2374.82
Southern 1.67 2:00 11248.02 11299.17 11326.63 11330.51 11312.41 Value-v 1528.95 1529.62 1529.04 1518.77 1519.50
Xcel Energy 0.30 2:30 11259.78 11305.06 11327.72 11323.00 11316.80 Growth-v 2463.56 2466.86 2467.57 2454.31 2456.77
880 3:00 11287.82 11297.25 11328.46 11300.58 11309.47 MidCap 2803.22 2805.95 2805.42 2791.98 2791.61
3:30 11313.30 11303.08 11324.43 11278.61 11303.67 S&P 100 Index 1898.13 1899.71 1899.28 1884.73 1888.30
Close 11317.40 11306.35 11330.26 11311.09 11312.72 500 4151.32 4154.87 4154.52 4129.79 4133.52
High (t) 11370.36 11403.53 11389.12 11412.08 11409.80 Ind. 5862.80 5867.21 5860.16 5821.94 5831.48
Low (t) 11206.54 11215.44 11217.71 11206.70 11226.07 MidCap 2508.42 2505.14 2509.72 2500.27 2498.83
840 High (a) 11318.37 11342.90 11337.86 11351.09 11345.48 SmallCap 1170.62 1164.36 1168.01 1163.81 1160.11
November December January February March April Low (a) 11239.40 11265.89 11273.60 11273.68 11272.66 Value Line(A) 9033.90 9028.30 9028.20 8975.01 8973.80
Value Line(G) 558.29 557.87 557.77 554.36 554.22
Note: Theoretical highs and lows are shown. A red chart indicates a lower price than the starting period. Green means it's higher than the starting period. Change +46.17 –11.05 +23.91 –19.17 +1.63
DJ US Small TSM12441.59 12403.91 12436.02 12363.79 12375.89
Theoretical (t): High 11412.08 Low 11206.54 (A)-Arithmetic Index. (G)-Geometric Index.
Actual (a): High 11351.09 Low 11239.40 (v)-Value 1000 and Growth 1000. (y)-Dec. 31,1965=50. (z)-Dec. 31,2002=5000.
58 BARRON’S April 24, 2023

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

The Week In Stocks For the Major Indexes

12-Month Weekly Friday Weekly 12-Month Change From
Indexes’ P/Es & Yields
DJ latest 52-week earnings and dividends adjusted by Dow Divisors
Stock Volume
at Friday's close. S&P Dec. 4-quarter's GAAP earnings as reported Last Week Prev. Week Year Ago YOY % Chg
High Low High Low Close Chg. % Chg. Chg. % Chg. 12/30 % Chg. and indicated dividends based on Friday close.S&P 500 P/E ratios
based on GAAP earnings as reported. For additional earnings NYSE(a) 4,063,703 4,034,277 4,491,328 -9.52
Dow Jones Indexes series, please refer to www.spglobal.com. DJ latest available book 30 Dow Inds (b) 1,351,063 1,288,630 1,637,746 -17.50
34589.77 28725.51 30 Indus 33987.18 33786.62 33808.96 –77.51 –0.23 –2.44 –0.01 661.71 2.00 values for FY 2021 and 2020, and S&P latest for 2022 and 2021. r- 20 Dow Trans (b) 491,102 570,775 705,322 -30.37
15640.70 11999.40 20 Transp 14446.68 14308.89 14413.58 166.98 1.17 –653.76 –4.34 1021.67 7.63 Revised data 15 Dow Utils (b) 188,165 206,996 242,224 -22.32
1061.77 838.99 15 Utilities 969.34 958.99 969.34 12.87 1.35 –73.35 –7.03 1.94 0.20 65 Dow Stks (b) 2,030,330 2,066,401 2,585,291 -21.47
NYSE American (a) 43,822 47,771 99,390 -55.91
11689.14 9679.49 65 Comp 11330.26 11306.35 11312.72 41.49 0.37 –260.66 –2.25 349.89 3.19 Last Week Prev. Week Last Year Nasdaq(d) 24,106,295 23,519,558 22,845,700 5.52
Dow Jones Indexes
43441.80 36056.21 US TSM Float 41491.68 41238.43 41271.18 –19.10 –0.05 –1847.63 –4.28 2750.58 7.14 DJ Ind Avg 33808.96 33886.47 33811.40 NYSE 15 Most Active
1056.61 876.95 US Market 1013.16 1006.93 1007.75 –0.77 –0.08 –41.95 –4.00 69.92 7.46 P/E Ratio 22.20 22.07 19.62 Average Price 19.48 22.01 16.81 15.88
Earns Yield % 4.50 4.53 5.10 % Tot Vol 14.92 12.76 15.84 -5.81
747.46 528.30 Internet 661.68 647.77 651.48 –11.43 –1.72 –79.68 –10.90 90.75 16.18 Stock Offerings $(z,v) 564,400 r225,200 2,470,500 -77.15
New York Stock Exchange Earns $ 1522.86 1535.32 1723.48
Divs Yield % 2.08 2.07 1.91
16122.58 13472.18 Comp-z 15684.96 15578.93 15578.93 –22.85 –0.15 –477.94 –2.98 394.62 2.60 Daily Stock Volume 4/17 4/18 4/19 4/20 4/21
Divs $ 701.89 701.11 646.25
9523.00 7655.99 Financial-z 8781.90 8709.83 8709.83 61.80 0.71 –807.08 –8.48 41.06 0.47 NYSE(a) 804,776 770,128 758,794 832,743 897,262
Mkt to Book 4.54 4.55 5.17
23941.25 20936.55 Health Care-z 23521.71 23255.15 23486.50 –25.30 –0.11 79.95 0.34 46.66 0.20 30 Inds (b) 235,829.6 256,478.6 254,112.2 309,682.1 294,960.6
Book Value $ 7439.45 7439.45 6543.35 20 Trans (b) 86,765.3 107,277.0 106,167.1 97,442.5 93,450.5
14030.84 10452.57 Energy-z 13122.21 12870.62 12870.62 –357.67 –2.70 856.42 7.13 –181.27 –1.39
DJ Trans Avg 14413.58 14246.60 15067.34 15 Utils (b) 40,952.8 41,025.0 32,059.5 38,920.6 35,207.1
NYSE American Stock Exchange
P/E Ratio 11.10 11.19 17.39 65 Stks (b) 363,547.7 404,780.6 392,338.9 446,045.2 423,618.2
4688.00 3582.25 NYSE Amer Comp 4341.71 4254.31 4254.31 –131.48 –3.00 155.37 3.79 118.97 2.88 Earns Yield % 9.01 8.94 5.75 NYSE Amer(a) 7,853 10,248 9,219 7,602 8,901
3120.54 2510.61 Major Mkt 3120.54 3108.88 3112.98 13.37 0.43 96.94 3.21 174.95 5.95 Earns $ 1298.16 1273.69 866.20 Nasd(d) 4,823,182 4,851,816 4,972,705 4,590,533 4,868,059
Standard & Poor's Indexes Divs Yield % 1.39 1.41 1.09 NYSE 15 Most Active
1966.75 1615.09 100 Index 1899.71 1884.73 1888.30 –5.82 –0.31 –57.09 –2.93 179.13 10.48 Divs $ 201.05 201.05 163.60 Avg. Price 21.55 19.42 17.55 21.96 18.63
4305.20 3577.03 500 Index 4154.87 4129.79 4133.52 –4.12 –0.10 –138.26 –3.24 294.02 7.66 Mkt to Book 4.48 4.43 5.09 % Tot Vol 15.47 14.37 15.98 18.50 13.92
5998.87 4996.32 Indus 5867.21 5821.94 5831.48 –23.81 –0.41 –96.66 –1.63 519.17 9.77 Book Value $ 3214.72 3214.72 2957.33 Numbers in thousands save price and percentages. (a) Primary volume. (b) Composite volume. (d) as of 4:10 pm.
2726.61 2200.75 MidCap 2509.72 2498.83 2498.83 9.36 0.38 –84.38 –3.27 68.45 2.82 DJ Utility Avg 969.34 956.47 1042.69 (r) Revised. (v) W/E Thursday. (z) Source: Refinitiv.
1315.82 1064.45 SmallCap 1170.62 1160.11 1160.11 –3.60 –0.31 –100.32 –7.96 2.58 0.22 P/E Ratio 26.71 26.36 29.89
Nasdaq Stock Market Earns Yield % 3.74 3.79 3.35
13128.05 10213.29 Comp 12157.72 12059.56 12072.46 –51.01 –0.42 –766.84 –5.97 1605.97 15.34 Earns $ 36.29 36.29 34.88
13667.18 10679.34
9741.81 7178.71
100 Index
Indus
13091.79
8259.34
12985.98
8145.70
13000.77
8205.06
–78.75
–0.22
–0.60
–0.00
–356.10
–1472.69
–2.67
–15.22
2061.01
857.38
18.84
11.67
Divs Yield %
Divs $
3.08
29.89
3.13
29.89
2.75
28.63
NYSE Half Hour Volume
12643.69 9622.71 Insur 11746.80 11627.44 11627.44 42.65 0.37 465.44 4.17 –14.45 –0.12 Mkt to Book 2.23 2.20 2.66 Daily 4/17 4/18 4/19 4/20 4/21
4613.89 3036.41 Banks 3141.45 3057.55 3067.87 15.70 0.51 –1403.26 –31.38 –977.08 –24.16 Book Value $ 435.47 435.47 392.45
10092.06 7416.59 Computer 9751.01 9648.85 9648.85 –98.32 –1.01 –11.66 –0.12 1841.89 23.59 S&P 500 Index 4133.52 4137.64 4271.78 9:30-10:00 94,937 89,590 93,164 92,334 120,878
433.62 329.24 Telecom 395.18 379.78 380.88 –13.27 –3.37 –50.22 –11.65 9.43 2.54 P/E Ratio 23.93 23.95 21.59 10:00-10:30 38,464 40,458 40,517 43,473 37,800
Russell Indexes Earns Yield % 4.18 4.18 4.63 10:30-11:00 38,452 34,267 32,834 35,922 36,710
2371.04 1969.25 1000 2274.94 2261.13 2262.83 –2.11 –0.09 –91.50 –3.89 156.93 7.45 Earns $ 172.75 172.75 197.87
11:00-11:30 32,573 28,309 28,501 35,011 29,032
2021.35 1649.84 2000 1802.84 1789.70 1791.51 10.35 0.58 –149.16 –7.69 30.26 1.72 Divs Yield % 1.68 1.68 1.50
Divs $ 69.44 69.51 64.08 11:30-12:00 31,820 26,395 26,889 29,733 27,782
2499.11 2076.07 3000 2387.32 2373.01 2374.82 –1.31 –0.06 –101.68 –4.11 157.68 7.11
1595.46 1339.62 Value-v 1529.62 1518.77 1519.50 –1.77 –0.12 –75.02 –4.70 22.39 1.50 Mkt to Book 4.03 4.04 4.24 12:00-12:30 25,146 23,236 22,292 25,444 25,058
2588.53 2082.30 Growth-v 2467.57 2454.31 2456.77 –1.75 –0.07 –79.11 –3.12 298.59 13.84 Book Value $ 1024.56 1024.56 1008.02 12:30-1:00 21,468 21,952 20,664 21,374 22,269
3001.83 2481.47 MidCap 2805.95 2791.61 2791.61 7.02 0.25 –191.74 –6.43 90.94 3.37 S&P Ind Index 5831.48 5855.29 5928.14
1:00-1:30 21,524 22,410 25,152 21,526 20,613
Others P/E Ratio 25.12 25.22 24.67
Earns Yield % 3.98 3.97 4.05 1:30-2:00 22,593 22,286 20,488 21,225 23,809
9697.62 7679.59 Value Line-a 9033.90 8973.80 8973.80 –3.64 –0.04 –184.99 –2.02 443.77 5.20
Earns $ 232.18 232.18 240.29 2:00-2:30 23,789 24,429 26,085 24,551 22,511
608.74 491.56 Value Line-g 558.29 554.22 554.22 –0.65 –0.12 –51.77 –8.54 17.87 3.33
13782.03 11195.10 DJ US Small TSM 12441.59 12363.79 12375.89 63.43 0.52 –919.04 –6.91 324.78 2.70 Divs Yield % 1.51 1.51 1.36 2:30-3:00 23,728 26,692 24,987 27,776 22,456
933.75 760.10 Barron's Future Focus 883.42 871.74 872.92 –5.85 –0.67 –36.41 –4.00 60.75 7.48 Divs $ 88.06 88.41 80.62 3:00-3:30 31,356 30,645 31,498 36,150 25,961
Mkt to Book 5.32 5.34 5.69
1023.20 825.73 Barron's 400 933.65 925.14 925.14 –2.64 –0.28 –47.03 –4.84 4.75 0.52 3:30-4:00 398,926 379,458 365,722 418,223 482,384
Book Value $ 1095.83 1095.83 1042.07
High/Low's are based upon the daily closing index. a-Arithmetic Index. G-Geometric Index. V-Value 1000 and Growth 1000 y-Dec. 31,1965=50 z-Dec. 31,2002=5000

Selected IPOs
U.S. Dollar Index vs Euro and Yen Per Share Values of Stocks Ticker Initial Offer Price IPO Date Recent Price %Chg
Jayud Global Logistics JYD 4.00 4/21 5.04 26.0%
Greener Pastures: With inflation still above the Fed’s 2% target level, Fed officials sounded ready for a
springtime rate hike. That boosted the dollar against the six-currency basket that underlies the ICE U.S. In the Dow Jones Averages U Power
U.S. GoldMining
Wang & Lee Group
UCAR
USGO
WLGS
6.00
10.00
5.00
4/20
4/20
4/20
7.83
9.15
3.14
30.5%
-8.5%
-37.2%
Dollar Index, which rose 0.2% on the week. This is a list of the Dow Jones trailing 52-week diluted share Top KingWin TCJH 4.00 4/18 3.60 -10.0%
earnings, dividends and book values as reported by the company.
20 Bolded numbers indicate new values. Sources Barron's Stats and Trio Petroleum TPET 3.00 4/18 2.40 -20.0%
FactSet.
Industrial Stocks
15

10
Book Book
Investor Sentiment Readings New Listings
Earns Divs. Value Earns Divs. Value
DXY (101.72)
s NYSE
Am Exp 9.51 2.16 29.14 Johnson&John 4.78 4.52 28.16 High bullish readings in the Consensus stock index or in the Market
5 Vane stock index usually are signs of Market tops; low ones, market Pan American Silver (PAAS)
Amgen 12.11 7.95 12.00 JPMorgChase 13.55 4.00 88.07 bottoms.
Apple 5.89 0.92 3.84 McDonalds 8.35 5.80 (6.17) Sphere Entertainment (SPHR)
0 Last Week 2 Weeks Ago 3 Weeks Ago
Boeing (8.29) Suspended (25.47) Merck Co 5.71 2.84 15.11 NYSE American
Caterpillar 12.65 4.80 30.76 Microsoft 9.00 2.60 22.31 Consensus Index
-5 Chevron Corp 18.28 5.77 72.06 Nike Inc 3.47 1.29 9.73 Trio Petroleum (TPET)
s s Cisco Sys 2.73 1.53 9.79 Proc Gam 5.11 3.6806 19.11 Consensus Bullish Sentiment 59% 55% 53% Nasdaq
-10 Coca Cola 2.20 1.78 5.32 3M Co 10.15 5.97 26.31
EURO in $ YEN in $ Disney Walt 1.82 0.00 48.71 Salesforce.com 0.21 0.00 58.78 AAII Index Jayud Global Logistics (JYD)
-15 Dow 6.24 2.80 24.71 Travelers Cos 11.73 3.72 119.76 Top KingWin (TCJH)
Goldman Sachs 28.09 9.50 297.50 UnitedHealthGrp 21.87 6.40 76.26 Bullish 27.2% 26.1% 33.3%
U Power (UCAR)
-20 Home Depot 16.68 7.79 (1.64) Verizon 5.06 2.5975 19.48
Bearish 35.1 34.5 35.0 U.S. GoldMining (USGO)
Honeywell 7.27 4.00 27.12 Visa 7.15 1.575 16.32
Wang & Lee Group (WLGS)
M J J A S O N D J F M A IBM 7.15 6.59 21.05 Walgreens (3.65) 1.9175 27.06 Neutral 37.7 39.5 31.6
Intel 1.96 1.46 23.44 Wal-mart 4.28 2.25 30.15
Source: Tullett Prebon
Transportation Stocks
Market Vane

Bullish Consensus 40% 39% 40%

Trading
AlaskaAirGroup 0.46 Suspended 30.19 Kirby Corp 2.03 Nil 48.02 TIM Group Market Sentiment
Suspended
Coming U.S. Auctions 144 Filings AmericanAirlines
AvisBudgetGrp
(0.01) Suspended (11.33)
57.18 Nil (3.93)
Landstar Sys
Matson Inc
12.14
26.71
1.10 22.87
1.22 40.67 Indicator 43.9% 44.6% 46.9%
NYSE
Lannett (LCI)
C.H. Robinson 7.30 2.32 15.65 Norf Southern 13.90 5.07 56.80
SEC Form 144 must be filed by holders of restricted securities (also called letter stock) who intend to Nasdaq
Yields (%) CSX Corp 1.94 0.41 6.13 Old Dominion 12.18 1.30 32.00 Sources: Consensus Inc.; American Association of
sell shares. Shares Indicated: the number to be sold. Sales Date: the approximate date of the sale. Atlas Technical (ATCX)
(Sometimes shares aren't sold, even though their owner has filed a Form144.) Source: Thomson Delta Air Lines 2.95 Suspended 6.07 Ryder Sys 4.18 2.44 52.02 Individual Investors; Market Vane; TIM Group
Monday When Issued* Last Auction China Index (CIH)
Reuters Expeditors Int'l 8.24 1.34 20.90 Southwest Air 0.80 Nil 17.59 Kalera (KAL)
$57.0 bil 3-month 5.090 5.080 FedEx 11.58 4.60 95.98 Un Pacific 11.32 5.08 22.17 Pan American Silver (PAAS)
Shares Sale Hunt (JB) 8.80 1.62 29.67 UPS 13.20 6.18 16.38 Pear Therapeutics (PEAR)
$48.0 bil 6-month 5.049 4.870 Company Sym Indicated $ Value Date Seller Title

Tuesday Sentinelone S 412,469 7,370,821 4/18/23 Weingarten, Tomer O

JetBlue Air (1.12) Nil 12.03 United Airlines 5.82 Nil 15.53
Arms Index Name
Dell Technologies DELL 200,958 9,115,576 4/18/23 Rothberg, Richard O Utility Stocks The Arms index, also known as the short term trading index,
$42.0 bil 2-year 4.154 3.954 is a number derived by dividing one quotient into another

Wednesday
Viking Therapeutics
Merck & Co
VKTX
MRK
155,000 3,169,750 4/13/23
134,055 15,248,756 4/13/23
Lian, Brian
Chattopadhyay, Sanat O
O
AES Corp. (0.34) 0.6399 2.96 Exelon 2.19 1.3725 35.13
quotient. The numerator in the index is the number of
advancing stocks divided by the number of declining stocks.
As of 3/14/11, the denominator in the index is now the
Changes
Am Elec 4.51 3.15 44.49 FirstEnergy 0.57 1.56 15.21 NYSE
Salesforce CRM 100,000 19,600,000 4/11/23 Taylor, Bret FO composite volume of advancing stocks divided by the
$43.0 bil 5-year 3.649 3.665 AmericanWaterWorks 4.51 2.5675 40.18 NextEra Energy 2.09 1.7425 18.95 composite volume of declining stocks. Canadian Pacific Kansas City
Wells Fargo & Co WFC 91,383 3,516,874 4/17/23 Owens, Lester O (CP), formerly Canadian Pacific
Atmos Energy 5.71 2.84 59.71 Xcel Energy 3.06 1.9825 28.70 Daily 4/17 4/18 4/19 4/20 4/21 Railway
Thursday Core & Main CNM 80,000 1,891,200 4/13/23 Leclair, Stephen CEO Con Ed 4.68 3.18 56.60 Pub Sv Ent 3.40 2.19 28.65
DominionEnergy 1.09 2.67 31.51 Sempra Energy 6.62 4.625 79.17
NYSE American
Apple AAPL 77,817 12,888,830 4/4/23 Williams, Jeffrey O NYSE .87 .78 1.18 1.68 1.19
$35.0 bil 7-year 3.612 3.626 Duke Energy 3.32 4.00 61.55 Southn Co. 1.36 2.72 25.36 None
Apple AAPL 69,996 11,588,538 4/13/23 Maestri, Luca D NYSE American 1.49 .58 1.81 .77 1.20
Edison Int'l 1.61 2.875 36.57 Nasdaq
* As of Friday afternoon. Ptc Therapeutics PTCT 61,923 3,183,835 4/17/23 Boulding, Mark O Nasdaq .68 .81 .78 1.53 .71 None
April 24, 2023 BARRON’S 59

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Dow Jones U.S. Total Market Industry Groups CBOE Put / Call Ratio Foreign Exchange
Foreign
Currency
Foreign
Currency
U.S. $ in
Foreign
U.S. $ in
Foreign

Net Change % Change and Ranking 52 Week

vs. S&P 100 Country
in U.S.$
Fri.
in U.S.$
Last Fri.
Currency
Fri.
Currency
Last Fri.
Top 20 Weekly Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low Readings in the CBOE equity put-call ratio of 60:100 and in the Argentina (Peso)-y .0046 .0046 218.4663 215.0756
S&P 100 of 125:100 are considered bullish, for instance. Bearish Australia (Dollar) .6691 .6708 1.4945 1.4908
Home Construction DJUSHB 1674.60 + 99.76 341.22 +6.33 [1] +39.53 [1] +25.59 [5] +37.33 1,683.23 1,003.88 signals flash when the equity put-call level reaches the vicinity of Bahrain (Dinar) 2.6536 2.6525 .3769 .3770
Gambling DJUSCA 677.31 + 30.72 149.10 +4.75 [2] +15.03 [5] +28.23 [3] +12.08 683.08 420.78 30:100 and the index ratio hits 75:100. Brazil (Real) .1980 .2037 5.0496 4.9080
Broadline Retailers DJUSRB 2385.32 + 86.78 431.22 +3.78 [3] –24.94 [125] +22.07 [9] –.47 3,125.80 1,913.05 Bulgaria (Lev) .5610 .5621 1.7824 1.7789
Hshld Goods & Home Constr DJUSHG 963.64 + 34.52 66.46 +3.72 [4] –.38 [38] +7.41 [41] +11.60 968.82 755.12 S&P 100 CBOE Canada (Dollar) .7388 .7483 1.3535 1.3363
Industrial & Office REITs DJUSIO 106.64 + 3.70 1.05 +3.59 [5] –30.77 [132] +.99 [86] +3.23 152.81 95.41 Chile (Peso) .001246 .001254 802.70 797.43
China (Renminbi) .1451 .1455 6.8936 6.8715
Industrial Suppliers DJUSDS 570.40 + 19.07 72.64 +3.46 [6] +7.40 [11] +14.59 [17] +25.55 590.97 442.88 14.00 1.65 Colombia (Peso) .0002215 .0002261 4515.69 4423.14
Nondurable Hshld Pdts DJUSHN 1210.62 + 39.88 47.67 +3.41 [7] –3.76 [53] +4.10 [66] +8.30 1,261.64 957.83 Czech. Rep. (Koruna) …… .. …… .. …… .. …… ..
Trucking DJUSTK 1467.93 + 48.11 184.17 +3.39 [8] +12.85 [6] +14.35 [19] +23.08 1,575.56 1,143.64 Commercial rate .04674 .04714 21.393 21.215
Airlines DJUSAR 147.48 + 4.58 6.36 +3.20 [9] –27.07 [128] +4.51 [59] +9.49 198.28 126.96 Denmark (Krone) .1475 .1476 6.7815 6.7761
Medical Equipment DJUSAM 2641.59 + 81.28 213.30 +3.17 [10] –5.32 [71] +8.78 [36] +11.05 2,649.60 2,156.08 11.25 1.40 EcuadorUS Dollar 1.0000 1.0000 1.0000 1.0000
Hotels DJUSLG 2763.50 + 84.49 349.14 +3.15 [11] –5.82 [73] +14.46 [18] +27.56 2,968.98 2,146.14 Egypt (Pound)-y .0324 .0324 30.8974 30.9004
Home Improvement Rtlrs DJUSHI 669.31 + 20.25 –9.29 +3.12 [12] –1.52 [45] –1.37 [107] +18.94 742.30 581.87 Hong Kong (Dollar) .1274 .1274 7.8468 7.8499
Brewers DJUSDB 609.26 + 18.09 52.61 +3.06 [13] +1.72 [29] +9.45 [35] +6.15 644.83 519.86 Hungary (Forint) .002924 .002943 341.96 339.77
Insurance Brokers DJUSIB 633.88 + 18.76 46.08 +3.05 [14] +.16 [37] +7.84 [39] +21.24 633.88 494.81
8.50 1.15 Iceland (Krona) .007321 .007345 136.59 136.15
India (Rupee) .01219 .01222 82.047 81.846
Recreational Products DJUSRP 506.10 + 14.30 56.75 +2.91 [15] –7.21 [78] +12.63 [22] +23.10 591.73 418.43
Indonesia (Rupiah) .0000670 .0000676 14929 14783
Food Retailers & Whlslrs DJUSFD 812.47 + 22.32 62.82 +2.82 [16] –14.36 [108] +8.38 [37] +18.39 921.16 705.63 Israel (Shekel) .2731 .2723 3.6623 3.6730
Residential REITs DJUSRN 223.46 + 6.04 7.45 +2.78 [17] –30.04 [130] +3.45 [68] +5.81 313.18 202.20 5.75 0.90 Japan (Yen) .007455 .007474 134.14 133.79
General Retailers DJUSGT 1919.64 + 49.11 198.27 +2.63 [18] –13.18 [104] +11.52 [25] +5.63 2,170.29 1,666.45 Kazakhstan (Tenge) .002199 .002214 454.70 451.62
Retail DJUSRT 1750.49 + 43.83 170.77 +2.57 [19] –13.12 [103] +10.81 [28] +6.81 1,973.72 1,534.51 Kuwait (Dinar) 3.2635 3.2670 .3064 .3061
Diversified REITs DJUSDT 62.06 + 1.52 –5.75 +2.51 [20] –12.11 [98] –8.48 [133] +10.47 72.18 60.54 Macau (Pataca) .1237 .1236 8.0870 8.0910
3.00 0.65 Malaysia (Ringgit)-b .2253 .2272 4.4380 4.4020
Net Change % Change and Ranking 52 Week Mexico (Peso) …… .. …… .. …… .. …… ..
Floating rate .0556 .0555 17.9952 18.0172
Top 20 Yr Ago Ranked IG-Sym Close Wkly YTD Week Rank Yr Ago Rank YTD Rank 3 Yr High Low
New Zealand (Dollar) .6140 .6208 1.6287 1.6108
Home Construction DJUSHB 1674.60 + 99.76 341.22 +6.33 [1] +39.53 [1] +25.59 [5] +37.33 1,683.23 1,003.88 0.25 0.40 Norway (Krone) .0946 .0963 10.5741 10.3871
Heavy Construction DJUSHV 972.18 – 2.41 31.25 –.25 [90] +19.72 [2] +3.32 [69] +42.63 1,046.87 701.03 Oman (Rial) 2.5973 2.5978 .3850 .3849
AM J J A S O N D J F M A Pakistan (Rupee) .00353 .00352 283.500 284.450
Integrated Oil & Gas DJUSOL 794.62 – 7.69 4.10 –.96 [110] +18.51 [3] +.52 [95] +36.72 837.28 603.64
Source: CBOE Philippines (Peso) .01789 .01807 55.897 55.349
Restaurants & Bars DJUSRU 2687.95 + 32.56 261.07 +1.23 [46] +17.64 [4] +10.76 [29] +18.16 2,687.95 2,020.05 Poland (Zloty) .2382 .2369 4.1976 4.2214
Gambling DJUSCA 677.31 + 30.72 149.10 +4.75 [2] +15.03 [5] +28.23 [3] +12.08 683.08 420.78 Qatar (Rial) .2747 .2747 3.6398 3.6410
Trucking
Oil & Gas Producers
DJUSTK
DJUSOG
1467.93
838.38
+ 48.11
– 23.09
184.17
–26.14
+3.39
–2.68
[8]
[124]
+12.85
+10.58
[6]
[7]
+14.35
–3.02
[19]
[116]
+23.08
+40.55
1,575.56
938.45
1,143.64
666.70 Coming Earnings Russia (Ruble)-a
Saudi Arabia (Riyal)
Singapore (Dollar)
.01228
.2666
.7497
.01215
.2666
.7517
81.450
3.7506
1.3339
82.276
3.7511
1.3304
Industrial Machinery DJUSFE 921.10 + 8.32 51.84 +.91 [60] +9.13 [8] +5.96 [48] +20.56 970.33 713.06 Day Consensus Year
Specialized Consumer Svcs DJUSCS 2070.47 + 13.80 225.74 +.67 [69] +8.56 [9] +12.24 [24] +16.60 2,070.47 1,605.48 South Africa (Rand) .0553 .0552 18.0857 18.0999
Estimate Ago
Aerospace DJUSAS 1675.02 + 18.24 95.03 +1.10 [50] +7.94 [10] +6.01 [47] +19.78 1,715.44 1,217.62 South Korea (Won) .0007523 .0007667 1329.34 1304.37
Industrial Suppliers DJUSDS 570.40 + 19.07 72.64 +3.46 [6] +7.40 [11] +14.59 [17] +25.55 590.97 442.88 Continued from page 13. Sri Lanka (Rupee) .0031 .0031 322.8500 323.2500
Sweden (Krona) .0972 .0968 10.2905 10.3265
Specialty Retailers DJUSRS 2275.18 + .44 131.62 +.02 [84] +7.28 [12] +6.14 [45] +8.34 2,386.17 1,688.44 Switzerland (Franc) 1.1204 1.1189 .8925 .8937
Delivery Svcs DJUSAF 1520.22 + 11.25 215.06 +.75 [65] +6.19 [13] +16.48 [13] +23.87 1,588.81 1,172.21 T Taiwan (Dollar) .03264 .03277 30.640 30.519
Aerospace & Defense DJUSAE 1711.57 + 5.92 17.51 +.35 [76] +5.67 [14] +1.03 [85] +15.40 1,744.89 1,369.42 Thailand (Baht) .02904 .02918 34.430 34.270
Danaher (Q1) 2.25 2.76
Semiconductor DJUSSC 7517.33 – 23.09 1,675.38 –.31 [95] +5.02 [15] +28.68 [1] +25.18 7,886.50 4,942.75 Turkey (New Lira)-d .0515 .0516 19.4033 19.3675
Dow (Q1) 0.36 2.34
Oil Equipment & Svcs DJUSOI 275.13 – 7.57 –21.30 –2.68 [125] +4.74 [16] –7.18 [132] +43.91 321.92 189.69 Ukraine (Hryvnia) .0271 .0271 36.9500 36.9500
Fiserv (Q1) 1.57 1.40 U.K. (Pound) 1.2440 1.2415 .8039 .8055
Electrical Comps & Equip DJUSEC 489.63 – 4.92 23.80 –1.00 [111] +4.68 [17] +5.11 [58] +22.70 534.95 418.50
General Electric (Q1) 0.14 0.19 Uruguay (Peso) …… .. …… .. …… .. …… ..
Apparel Retailers DJUSRA 1133.53 + 16.93 –44.86 +1.52 [39] +4.26 [18] –3.81 [119] +15.72 1,246.78 814.48
General Motors (Q1) 1.67 2.09 Financial .02565 .02580 38.985 38.765
Auto Parts DJUSAT 514.46 – 4.99 39.36 –.96 [109] +4.09 [19] +8.28 [38] +18.26 568.96 410.38
JetBlue Airways (Q1) -0.38 -0.80 Euro 1.0991 1.0993 .9098 .9096
Industrial Engineering DJUSIQ 3033.39 + 4.48 4.90 +.15 [80] +4.05 [20] +.16 [97] +24.46 3,305.30 2,352.13
McDonald’s (Q1) 2.32 2.28 Special Drawing Rights (SDR) are based on exchange rates for the U.S.,
British, and Japanese currencies. Source: International Monetary Fund.
Groups are weighted by capitalization. 52-week highs and lows are based on daily closes. Dec. 31, 1991=100. In the U.S. listings, % vol chg column shows the change from previous 65-day moving Microsoft (Q3) 2.24 2.22 a-Russian Central Bank rate. b-government rate. d-rebased as of Jan. 1,
average. Volume figures do not reflect extended trading hours. Moody’s (Q1) 2.21 2.89 2005. y-floating rate.
MSCI (Q1) 3.01 2.98
NextEra Energy (Q1) 0.59 0.74
PepsiCo (Q1)
Visa (Q2)
1.38
1.99
1.29
1.79
Money Rates
Delta Market Pulse of the Economy W
Latest Week Prev. Week Yr Ago

Discount Rate (NY) 5.00 5.00 0.50

Sentiment Only includes new reports. Latest Latest Preceding Year YroYr Latest Latest Preceding Year YroYr
Aflac (Q1)
American Water Works (Q1)
1.41
0.94
1.48
0.87
Prime Rate (base) 8.00 8.00 3.50
Economic Growth and Investment Date Data Period Ago % Chg Date Data Period Ago % Chg
Indicator No Activity for this Week
ADP (Q3)
C.H. Robinson Worldwide (Q1)
2.45
1.00
2.21
2.05
Fed Funds Rate

Avg effective offer 4.85 4.85 0.34

Inflation CACI International (Q3) 4.66 4.64 Avg weekly auction-c 4.83 4.83 0.33
The Delta MSI measures the Production
position of a representative set ECRI Industrial Price Index f Apr 21 118.68 117.68 167.67 –29.22 CME (Q1) 2.34 2.11
of stocks relative to an Electric power, (mil. kw hrs) (EEI) Apr 15 68,576 71,516 69,530 –1.37 eBay (Q1) 1.07 1.05 T-Bills Rate
intermediate-term moving Petroleum, related capacity, % Apr 14 91.0 89.3 91.0 0.00 Employment General Dynamics (Q1) 2.59 2.61
average crossover (MAC) point. 13 weeks, Coupon Yield 5.232 5.128 0.874
When greater than 50% of the Rotary rigs running, U.S. & Can., (Hughes) Apr 21 858 859 796 7.79 Humana (Q1) 9.31 8.04 13 weeks, Auction Rate 5.080 4.980 0.860
Initial jobless claims (thous.) Apr 15 245 r240 217 12.90
stocks followed are above this Steel, (thous. tons) Apr 15 1,687 1,675 1,766 –4.47 Landstar Systems (Q1) 2.07 3.34 26 weeks, Coupon Yield 5.076 4.996 1.275
MAC point, the market is Continuing claims (mil.) Apr 8 1.865 r1.804 1.527 22.13 Meta Platforms (Q1) 2.01 2.72 26 weeks, Auction Rate 4.870 4.795 1.250
bullish. When the indicator is Steel, rated capacity, % (AISI) Apr 15 75.0 74.4 80.9 –7.29
Help Wanted Online –Ads (thous,) Mar 5,563.9 5,642.3 7,949.7 –30.01 Norfolk Southern (Q1) 3.15 2.93 Avg weekly auction-c 4.93 4.76 0.76
below 50%, risk is elevated and O’Reilly Automotive (Q1) 7.97 7.17 Broker Call Rate 6.75 6.75 2.25
stock exposures should be Consumption and Distribution
Construction Old Dominion Freight (Q1) 2.69 2.60
reduced. Manager uses Instinet Research Redbook Avg. (monthly %) Apr 15 –1.50 –1.82 0.69 …. Bankers Acceptances
discretion on asset allocation Building contracts, F.W. Dodge, (bil. $) Mar 1,090.30 r912.68 919.04 18.63 Roku (Q1) -1.48 -0.19
when MSI is at 50% +/- 3%. Baltic Dry Index Apr 21 1,504 1,435 2,307 –34.81 Ryder System (Q1) 2.96 3.59 1 month 4.93 4.75 0.48
New housing permits, (thous. units) Mar 1,413 r1,550 1,879 –24.80 The Boeing Co (Q1) -1.04 -2.75 2 months 5.03 4.85 0.91
Inventories

Bullish
New housing starts, (thous. units) Mar 1,420 r1,432 1,716 –17.25 Thermo Fisher Scientific (Q1) 5.03 7.25 3 months 5.20 5.08 1.38
Domestic crude oil, (thous. bbls) Comm. (Excl. Lease Stck) Apr 14 465,968 470,549 413,733 12.63 6 months 5.23 5.15 2.05
Gasoline, (thous. bbls) Apr 14 223,544 222,245 232,378 –3.80 Other Indicators TH Libor Interbank Rate
Orders Citi Research Panic–Euphoria Reading Apr 21 –0.16 –0.27 0.17 …. Altria (Q1) 1.19 1.12
Current Sentiment 1 month 5.02 4.96 0.70
No Activity for this Week Index of coincident indicators h Mar 110.2 r110.0 108.4 1.66 Amazon (Q1) 0.21 -0.38 3 months 5.26 5.26 1.21
Amgen (Q1) 3.87 4.25

54.1%
Index of lagging indicators h Mar 118.3 118.5 111.2 6.38 6 months 5.43 5.31 1.82
Trade Boston Beer (Q1) -0.27 -0.16 12 months 5.41 5.27 2.61
Index of leading indicators h Mar 108.4 r109.7 119.5 –9.29
No Activity for this Week Bristol Myers Squibb (Q1) 1.97 1.96
Coincident to lagging ratio h Mar 0.93 0.93 0.97 –4.12 Foreign Prime Rates
Caterpillar (Q1) 3.78 2.88
Last Week a-1997 equals 100. b-1982-84 equals 100. c-1982 equals 100. f-1996 equals 100. h- CenterPoint Energy (Q1) 0.49 0.47
benchmark revision, 2016 equals 100. r-Revised. Canada 6.70 6.70 3.20
DTE Energy (Q1) 1.59 2.31 Germany 3.50 3.50 0.00

50.7%
FirstEnergy (Q1) 0.63 0.51 Japan 1.475 1.475 1.475
Gilead Sciences (Q1) 1.54 2.12 Switzerland 2.00 2.00 0.00
Britain 4.25 4.25 0.75
Intel (Q1) -0.16 0.87

2 Weeks ago American Debt and Deficits Adjustable Mortgage Rates Mastercard (Q1)
Merck (Q1)
2.71
1.36
2.76
2.14
Other Money Rates
Fannie Mae Home Loan:
Northrop Grumman (Q1) 5.10 6.10 30-Year Fixed Conv 5.98 5.70 4.79

46.9%
Latest Preceding Year Ago Yr over Yr Apr 21 Apr 14 Yr. Ago YOY % Chg Bank money market-z 0.32 0.32 0.07
SouthWest Airlines (Q1) -0.23 -0.32
Report Report Report % Chg Interest Checking-z 0.06 0.06 0.04
Southern (Q1) 0.77 0.97
1 Year Treas Bills 4.68 4.53 1.81 158.56 6-Month Certif-z 1.19 1.19 0.15
Valero Energy (Q1) 6.81 2.31 12-Month Certif-z 1.66 1.66 0.22
Federal Budget Deficit (bil. $)-a 1,330FY'25 1,201FY'24 1,154FY'23 …. 2 Year Treas Notes 4.00 3.88 2.43 64.61
3 Weeks ago 30 Month Accounts-z 1.31 1.31 0.29
Budget Surplus/Deficit (bil. $)-b, March –378.08 –262.43 –192.63 96.27 3 Year Treas Notes 3.74 3.64 2.64 41.67 F 5-Year Certificates-z 1.22 1.22 0.39
Trade Deficit (bil. $, sa)-c, February –70.54 r-68.66 –87.25 -19.15 5 Year Treas Notes 3.53 3.43 2.73 29.30 Charter Communications (Q1) 7.48 6.90
Current Market Exposure: U.S. Savings EE Bonds:
100% Equities, 0% Bonds, 0% Treasury Gross Public Debt. (bil. $)-d 31,456.6 31,456.9 30,409.0 3.45 10 Year Treas Notes 3.44 3.35 2.76 24.64 Chevron (Q1) 3.41 3.36
Cash Treasury Statutory Debt Limit (bil. $)-d 31,381.5 31,381.5 …. …. Exxon Mobil (Q1) 2.62 2.07 Long-Term (5yrs+) 2.10 2.10 0.10
20 Year Treas Bds 3.78 3.71 3.02 25.17
Source: Delta Investment Consumer Installment Debt (bil. $)-e, February 4,820.6 r4,805.3 4,486.6 7.44 (Earnings are diluted and report dates are tentative. All fore-
FHFA PMMS+ Mar 6.32 6.32 3.44 83.72 c-Annualized yields, adjusted for constant maturity, reported by the Federal
Management casts and historical numbers exclude extraordinary items by Reserve on a weekly average basis. Sources: Tullett Prebon information, Ltd.
www.deltaim.com, (415) Sources: a-Office of Management and Budget, b-Monthly Treasury Statement, c-Monthly Commerce Dept. accounting definitions.) Factset. z-Bankrate.com.
Fed annualized yields adjusted for constant maturity.
249-6337 Report, d-Daily Treasury Statement, e-Monthly Federal Reserve Release. Source: FactSet
60 BARRON’S April 24, 2023

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

Barron’s Gold Mining Index

12-Month Year Week %
Weekly Bond Statistics Dividend Payment Boosts Top 5 Insider Purchases by
High Low
1148.46 684.61 Gold mining
4/20
936.20
4/13
974.71
Ago
1148.46
Chg.
–3.95
New Offerings, (mil $) (v) Last Week Prev. Week Yr Ago
Company Name-Ticker Symbol (Exchange)
Adjusted
Yield Period To From
%
Increase
Record
Date
Ex-Div
Date
Payment
Date Company in 2023
Corporate (z) 36,191 r12,823 36,744 Number of Number of Avg.
Municipal (z) 5,239 r6,936 3,600 Absolute Software-ABST (Nasdaq) 2.9 Q .0595 .059462 0.1 % 5-11 5-10 5-24
Aon-AON (NYSE) 0.7 Q .615 .56 9.8 5-01 4-28 5-15 Company Sym Insiders Shares $ Value Price
Best Grade Bonds-y Bank First-BFC (NCM ) 1.5 Q .30 .25 20.0 6-21 6-20 7-05 B Riley Financial RILY 14 335,825 12,350,448 $36.78
Gold & Silver Prices (Barron's index of 10 high-grade corporate bonds.)
4.37 4.55 3.42
Bar Harbor Bankshares-BHB (NYSE AMER )
Costco Wholesale-COST (Nasdaq)
4.2
0.7
Q
Q
.28
1.02
.26
.90
7.7
13.3
5-16
5-05
5-15
5-04
6-16
5-19 FidelityNationalInformationServices
Metropolitan Bank
FIS
MCB
10 19,608 1,303,895
10 32,134 1,337,430
$66.50
$41.62
Cross Timbers Royalty Tr-CRT (NYSE) 10.5 M .24467 .179256 36.5 4-28 4-27 5-12
Handy & Harman 4/21 4/14 Year Ago CSW Industrials-CSWI (Nasdaq) 0.6 Q .19 .17 11.8 4-28 4-27 5-12 Pacwest Bancorp PACW 10 78,858 1,356,692 $17.20
Interm-Grade Bonds-y
Gold, troy ounce 1973.65 2019.40 1941.55 Discover Finl Svcs-DFS (NYSE) 2.3 Q .70 .60 16.7 5-25 5-24 6-08 Charles Schwab SCHW 10 130,844 7,605,131 $58.12
Silver, troy ounce 24.97 25.26 24.30 (Barron's index of 10 medium-grade corporate bonds.) Ferrari-RACE (NYSE) 0.5 A 1.98756 1.470075 35.2 4-25 4-24 5-05
4.86 4.91 4.13
Granite REIT-GRP.U (NYSE) 3.8 M .199 .19228 3.5 4-28 4-27 5-15 Top 5 Insider Sales by Company in 2023
Base for pricing gold and silver contents of shipments and for making Confidence Index Itau CorpBanca ADR-ITCB (NYSE) 5.0 A .245751 .165045 48.9 4-19 4-21 5-05
refining settlement. Atlassian TEAM 20 633,174 99,541,643 $157.21
Johnson & Johnson-JNJ (NYSE) 2.8 Q 1.19 1.13 5.3 5-23 5-22 6-06
(High-grade index divided by intermediate-grade index; decline in Kinder Morgan-KMI (NYSE) 6.6 Q .2825 .2775 1.8 5-01 4-28 5-15 Hess HES 16 841,812118,483,138 $140.75
Coins Price Premium $ Premium % latter vs. former generally indicates rising confidence, pointing to Lithia Motors-LAD (NYSE) 0.8 Q .50 .42 19.0 5-12 5-11 5-26
higher stocks.) Moderna MRNA 15 616,953103,426,553 $167.64
Krugerrand 2069.20 89.10 4.50 89.9 92.6 82.8 Mesa Royalty Trust-MTR (NYSE) 9.7 M .2379 .111765 112.9 4-28 4-27 7-31 United Therapeutics UTHR 15 362,559 87,184,781 $240.47
Maple Leaf 2118.71 138.61 7.00 Nasdaq-NDAQ (Nasdaq) 1.4 Q .22 .20 10.0 6-16 6-15 6-30
Mexican Peso 2554.53 167.12 7.00 Other Confidence Indicators: Nokia ADR-NOK (NYSE) 1.4 Q .032931 .020536 60.4 4-25 4-24 5-09 Seagen SGEN 14 180,110 36,481,468 $202.55
Austria Crown 1943.89 58.23 3.00 Nuveen Mun Cred Incm Fd-NZF (NYSE) 1.7 M .0267 .0165 61.8 4-27 4-26 5-01
Austria Phil 2079.11 99.01 5.00 Bloomberg Barclays US Long Treasury* Ohio Valley Banc-OVBC (Nasdaq) 3.4 Q .22 .21 4.8 4-28 4-27 5-10
U.S. Eagles 2118.71 138.61 7.00 Permian Basin Royalty Tr-PBT (NYSE) 4.4 M .026846 .023556 14.0 4-28 4-27 5-12
Premium is the amount over the value of the gold content in the coin.
Source Manfra, Tordella & Brookes, Inc. Bullion spot gold price 1980.1
(This index measures the performance of fixed-rate, nominal US
Treasuries with at least 10 years to maturity. Jan. 1, 1973=100.)
3310.42 3330.17 3662.69
Permianville Royalty Tr-PVL (NYSE)
Sandstorm Gold-SAND (NYSE)
16.3
1.0
M
Q
.03 .01935
.014965 .014927
55.0
0.3
4-28
4-18
4-27
4-17
5-12
4-28
Week’s Week’s
Bloomberg Barclays US Credit
Sonoco Products-SON (NYSE)
Southern-SO (NYSE)
3.2
3.7
Q
Q
.51
.70
.49
.68
4.1
2.9
5-10
5-15
5-09
5-12
6-09
6-06 Dividend Dividend
Gold Performance (This index includes all publicly issued, fixed-rate, non-convertible,
investment-grade, dollar-denominated, SEC-registered corporate
Targa Resources-TRGP (NYSE)
Travelers Cos-TRV (NYSE)
2.7
2.1
Q
Q
.50
1.00
.35
.93
42.9
7.5
4-28
6-09
4-27
6-08
5-15
6-30 Payment Payment
debt.) Via Renewables Pfd A-VIASP (Nasdaq) 19.7 Q .73989 .71298 3.8 7-01 6-29 7-17
Sinker: Hawkish Fed talk buoyed the dollar 2924.66 2938.22 2949.73 Western Midstream Ptrs-WES (NYSE) 7.5 Q .856 .50 71.2 5-01 4-28 5-15 This list includes payouts on This list includes payouts on
and sank gold 2.3%, to $1,974 an ounce. Winmark-WINA (Nasdaq) 0.8 Q .80 .70 14.3 5-17 5-16 6-01 common stocks. common stocks.
Ryan Labs Treasury Index
NYSE NASDAQ

Handy & Harman Gold Price

10 (Index of total return from active Treasury notes and bonds. Dec.
31, 1996=100.)
272.16 273.69 281.95 Dividend Payment Reductions Adjusted % Record Ex-Div Payment
Monday (April 24)
Cdn Pacific Kansas City .14
Monday (April 24)
Andersons
Dime Community Bncshrs
.185
.25
CNH Industrial .382 Omega Flex .32
Bond Buyer 20 Bond Index Company Name-Ticker Symbol (Exchange) Yield Period To From Decrease Date Date Date
0 Credit Suisse Group ADR .055 Sapiens Intl .25
(Index of yields of 20 general obligation municipal bonds.) Blackstone-BX (NYSE) 4.9 Q .82 .91 -9.9 % 5-01 4-28 5-08 McCormick .39 Upbound Group .34
3.56 3.32 3.19 McCormick Vtg .39

-10 Bond Buyer Municipal Bond Index Stock Splits/Dividends Special Dividends Oracle
Quest Diagnostics
.40
.71
Tuesday (April 25)
First Bancorp NC
Micron Technology
.22
.115
(Index of 40 actively-traded tax-exempt bonds; component issues Record Ex-Div Pay Record Ex-Div Pay SK Telecom ADR .712
are changed regularly to keep the index a current picture of the Company Name-Ticker Symbol (Exchange) Amount Date Date Date Company Name-Ticker Symbol (Exchange) Amount Date Date Date Wednesday (April 26)
market. Source: The Bond Buyer Tuesday (April 25)
VanEck Semiconductor-SMH (Nasdaq)2-for-1 5-03 5-05 5-04 Cisco Systems .39
-20 4.41 4.27 4.13 Flexible Solutions-FSI (NYSE AMER ) 0.05 4-28 4-27 5-16 American Financial Group .63 Comcast Cl A .29
Griffon-GFF (NYSE) 2.00 5-09 5-08 5-19 Dollar General .59 HarborOne Bancorp .075
Stock/Bond Yield Gap-s
(Difference between yield on highest-grade corporate bonds and
Conference Call Calendar Spirit Airlines-SAVE (NYSE) 0.10 4-24 4-21 4-28
Ellington Financial
General Electric
.15
.08
InterDigital
Marvell Technology
.35
.06
-30 yield on stocks on the DJIA.) Ingredion .71
NetApp .50
-2.29 -2.48 -1.51 Earnings- Hess April 26 10:00AM Q1 John Wiley & Sons A .347 Thursday (April 27)
Related Hilton Worldwide April 26 10:00AM Q1 John Wiley & Sons B .347 Johnson Outdoors Cl A .31
Yield on DJ Equal Weight US Corp Bond Idx: Company Date Time Period
-40 Honeywell International April 27 8:30AM Q1 MSC Industrial Direct .79 Village Super Market A .25
Corp Bonds, (y) 5.25 5.17 4.29 Humana April 26 9:00AM Q1 TIM ADR .244
A O Smith April 27 10:00AM Q1 Friday (April 28)
Barron's Gold Mining Index (936.20) IDEX April 27 10:30AM Q1
v-Week ended Thursday. y-Yield to maturity, week ended Thursday. z- Abbvie April 27 9:00AM Q1 Wednesday (April 26) Amdocs .435
Source: Refinitiv.*Barclays T-Bond Index discontinued by firm. Intel April 27 5:00PM Q1 Camden National .42
Aflac April 27 8:00AM Q1
-50 Alexandria Real Estate Equities April 25 3:00PM Q1
International Paper April 27 10:00AM Q1 Agilent Technologies .225 ChampionX .085
Interpublic Group of Companies April 27 8:30AM Q1 Gap Inc .15 City Holding Co. .65
M J J A S O N D J F M A Petroleo Brasileiro ADR 1.102 Allegion PLC April 26 8:00AM Q1
Invesco Ltd April 25 9:00AM Q1 Thor Industries .45 Consolidated Water .085
Week’s Ex- Petroleo Brasileiro ADR A 1.102
Sendas Distribuidora ADR .051
Alphabet
Altria
April 25
April 27
5:00PM
9:00AM
Q1
Q1
Iqvia
Keurig Dr Pepper
April 27
April 27
9:00AM
8:00AM
Q1
Q1
Winnebago Industries
Thursday (April 27)
.27 Ensign Group
First Busey
HealthStream
.058
.24
.025
Amazon.com April 27 5:30PM Q1
Dividend Saturday (April 29)
NONE
American Airlines
American Tower
April 27
April 26
8:30AM
8:30AM
Q1
Q1
Kimco Realty
Laboratory Corporation of America
April 27
April 25
8:30AM
9:00AM
Q1
Q1 Compass Diversified
Excelerate Energy
.25
.025
Immersion
Investar Holding
.03
.095
LKQ April 27 8:00AM Q1 JOYY ADR .51
Dates Sunday (April 30)
Ameriprise Financial
Amgen
April 25
April 27
9:00AM
4:30PM
Q1
Q1
Marketaxess April 26 10:00AM Q1 Haleon ADR
HSBC Holdings ADR
.058
1.15
McGrath RentCorp
WD-40
.465
.83
Federal Reserve Data Bank This list includes payouts on
common stocks.
NONE
Monday (May 1)
Aon PLC
Arch Capital Group
April 28
April 27
8:30AM
11:00AM
Q1
Q1
Masco
Mastercard
April 26
April 27
8:00AM
9:00AM
Q1
Q1 KT ADR
Simpson Manufacturing
.748
.26
Sat. (April 29)-Sun. (April 30)
Mcdonald's April 25 8:30AM Q1 NONE
One week ended Apr 19: Avery Dennison April 26 1:00PM Q1 Merck & Co April 27 9:00AM Q1 Sylvamo .25
NYSE Coca-Cola Femsa ADR 1.196
Baxter International April 27 8:30AM Q1 Wabash National .08
Member Bank Prev.
Week
Year
Ago Tuesday (April 25) Biogen April 25 8:00AM Q1
Meta Platforms
Microsoft
April 26
April 25
5:00PM
5:30PM
Q1
Q3 Friday (April 28) Week’s
Reserve Chgs. (Mil. $) Change Change Albertsons .12 Week’s Ex- Boeing April 26 10:30AM Q1 Mid-America Apartment Communities April 27 10:00AM Q1
Antero Midstream .225
Boston Properties
Boston Scientific
April 26
April 26
10:00AM
8:00AM
Q1
Q1
Mohawk Industries April 28 11:00AM Q1
Advance Auto Parts
Altria Group
1.50
.94 Dividend
U.S. Gov't securities:
Banco Sant Brasil ADR .082
Dividend Camden Property Trust April 28 11:00AM Q1
Molina Healthcare April 27 8:00AM Q1
Arcosa .05
Bought outright 7,870,494 -7,017 -621,853 Clorox 1.18 Capital One Financial April 27 5:00PM Q1
Moody's
MSCI
April 25
April 25
12:30PM
11:00AM
Q1
Q1
Argan .25 Payment
Federal agency secur:
Bought outright 2,347 .... ....
Ecopetrol ADR
Lennar Cl A
.148
.375 Dates Carrier Global
Caterpillar
April 27
April 27
7:30AM
8:30AM
Q1
Q1
Newell Brands
Newmont Corporation
April 28
April 27
9:30AM
10:00AM
Q1
Q1
BankUnited
Brady Cl A
.27
.23 This list includes payouts on
Lennar Cl B .375 Centene April 25 8:30AM Q1 Buckle .35 common stocks.
Lowe's 1.05 This list includes payouts on Nextera Energy April 25 9:00AM Q1
common stocks. CenterPoint Energy April 27 8:00AM Q1 Cdn Imperial Bk Of Comm .618
Reserve bank credit: West Pharmaceutical Svcs .19 Norfolk Southern April 26 8:45AM Q1 NYSE American
Charter Communications April 28 8:30AM Q1 CTS Corp .04
Primary Credit 69,942 +2,021 +68,674 NASDAQ Northern Trust April 25 9:00AM Q1
Wednesday (April 26) Chipotle Mexican Grill April 25 4:30PM Q1 Danaher .27 Mon. (April 24)-Thurs. (April 27)
Secondary Credit .... .... .... Old Dominion Freight Line April 26 10:00AM Q1
Tuesday (April 25) Church & Dwight Co April 27 10:00AM Q1 EOG Resources .825 NONE
ING Groep ADR .41 Otis Worldwide April 26 8:30AM Q1
Seasonal Credit 2 +1 +2 Cal-Maine Foods 2.20 CME April 26 8:30AM Q1 Foot Locker .40
Knot Offshore Partners .026 Paccar April 25 11:00AM Q1 Friday (April 28)
Float -153 +21 -48 Krispy Kreme .035 CMS Energy April 27 9:00AM Q1 Greystone Housing Impact .37
Packaging Corp of America April 25 9:00AM Q1
Other F.R. Assets 44,186 +2,927 +2,550 Thursday (April 27) Wednesday (April 26) Coca-Cola April 24 8:30AM Q1 Humana .885 Blue Ridge Bankshares .123
Pentair PLC April 27 9:00AM Q1
Comcast April 27 8:30AM Q1 Methode Electronics .14 Caledonia Mining .14
Total Fed Credit # 8,570,989 -15,486 -345,260 AO Smith .30 Fastenal .35 Pioneer Natural Resources April 27 10:00AM Q1
CoStar Group April 25 5:00PM Q1 Northern Oil & Gas .34
Gold stock 11,041 .... .... ARC Document Solutions .05 Thursday (April 27) PTC April 26 5:00PM Q2 Sat. (April 29)-Sun. (April 30)
DexCom April 27 4:30PM Q1 OGE Energy .414
SDR Certif. Accounts 5,200 .... .... Banco Santander ADR .063 Quest Diagnostics April 27 8:30AM Q1 NONE
Alliant Energy .452 Domino's Pizza April 27 10:00AM Q1 Oxford Industries .65
Treas. Curr. Outst. 51,681 +14 +728 Bank of Montreal 1.054 Coca-Cola Consolidated .50 Raytheon Technologies April 25 8:30AM Q1
Quaker Houghton .435
Total
Currency in circ
8,657,767
2,322,600
-15,467
-1,390
-344,679
+52,579
Bk of NY Mellon
Conagra Brands
.37
.33
Concentrix
CSW Industrials
Hello Group ADR
.275
.19
.70
Dover
DTE Energy
April 26
April 27
9:00AM
8:00AM
Q1
Q1
Resmed
Robert Half International
April 27
April 26
4:30PM
5:00PM
Q3
Q1
RPM Intl
Sandstorm Gold
.42
.015
Week’s Ex-
Eastman Chemical April 28 8:00AM Q1 Rockwell Automation April 27 8:30AM Q2
Treas. Cash Hldgs
Treas. Fed Deposits
169
166,555
+1
+57,347
+88
-544,851
Ellington Financial
Enterprise Pdts Partners .49
.15 Kentucky First Fed Bncp
Old Second Bancorp
Scholastic
.10
.05
.20
eBay
Edwards Lifesciences
April 26
April 26
5:30PM
5:00PM
Q1
Q1
S&P Global
ServiceNow
April 27
April 26
8:30AM
5:00PM
Q1
Q1
Science Applications
Spirit Airlines
.37
.10 Dividend
Genesis Energy .15
Foreign Fed Deposits
Other Fed Deposits
25,000
203,749
-9,286
-3,349
+25,000
-60,771
Intercorp Finl Svcs
NiSource
1.18
.25
Virtus Invt Partners
Friday (April 28)
1.65 Enphase Energy
Entergy
April 25
April 26
4:30PM
11:00AM
Q1
Q1
Southern
Southwest Airlines
April 27
April 27
1:00PM
12:30PM
Q1
Q1
Stryker Corp
Sysco
TC Energy
.75
.49
.697
Dates
Other FR liab/cap 2,293 +1,201 -46,860 Northwest Natural .485 Casey's General Stores .38 EQT April 27 10:00AM Q1 T-Mobile US April 27 4:30PM Q1
TD SYNNEX .35 This list includes payouts on
Total factors 5,354,614 +95,369 +4,269 nVent Electric .175 Hasbro .70 Fair Isaac April 27 5:00PM Q2 TE Connectivity April 26 8:30AM Q2 common stocks.
HighPeak Energy .025 Fidelity National Information Services April 27 8:00AM Q1 Tecnoglass .09
Reserves F.R. banks 3,303,152 -110,837 -348,949 PermRock Royalty Trust .031 Texas Instruments April 25 4:30PM Q1
Hingham Institution Savs .63 First Republic Bank April 24 4:30PM Q1 Trinity Industries .26 NYSE American
PNM Resources .368 Textron April 27 8:00AM Q1
Fgn hold U.S. debt 3,337,667 +6,719 -107,919 Home Bancorp .25 Watsco 2.45
Signet Jewelers .23 Lifetime Brands .043 First Solar April 27 4:30PM Q1 Thermo Fisher Scientific April 26 8:30AM Q1 Tues. (April 25)-Wed. (April 26)
Fiserv April 25 8:00AM Q1 Watsco B 2.45
Targa Resources .50 Plains All Amer Pipeline .268 UDR April 27 12:00PM Q1 NONE
Plains GP Holdings .268 GE Healthcare Technologies April 25 8:00AM Q1 Zimmer Biomet Holdings .24
Reserve Aggr (Mil. $) Latest Prev. Month % Year Unum Group .33 Verisign April 27 4:30PM Q1 Thursday (April 27)
ZTO Express .37
Month Ended Feb: Month Month Chg. Ago Saturday (April 29) General Dynamics April 26 9:00AM Q1 Waste Management April 27 10:00AM Q1
Friday (April 28) Flexible Solutions .05
NONE Gilead Sciences April 27 4:30PM Q1 West Pharmaceutical Services April 27 9:00AM Q1 Saturday (April 29) Friedman Industries .02
Total Reserves: 3,021,800 3,029,900 -0.27 3,804,500 AES .166 Halliburton April 25 9:00AM Q1 Westinghouse Air Brake Technologies April 26 8:30AM Q1
Sunday (April 30) NONE Friday (April 28)
NonborrowedRes 3,006,200 3,014,200 -0.27 3,775,800 Ally Financial .30 Hartford Financial Services April 28 9:00AM Q1 Weyerhaeuser April 28 10:00AM Q1
BorrowedReserves 15,606 15,719 -0.72 28,715 Aon .615 NONE Hasbro April 27 8:30AM Q1 Whirlpool April 25 8:00AM Q1 Sunday (April 30) Mexco Energy .10
Monetary Base 5,321,000 5,328,400 -0.14 6,039,900 Citigroup .51 Monday (May 1) Healthpeak Properties April 28 11:00AM Q1 Willis Towers Watson PLC April 27 9:00AM Q1 Edison International .738 Sat. (April 29)-Mon. (May 1)
Grupo Aval Acciones ADR .016 ASML Holding 1.839 Hershey April 27 8:30AM Q1 Source: CCBN, www.ccbn.com JPMorgan Chase 1.00 NONE
April 24, 2023 BARRON’S 61

D ATA MARKET LABORATORY B A R R ON S .C OM / D ATA

LegendBiotech AdventTech Conn's IntegratedMedia RBB Bancorp NEW HIGHS Oracle Berkley

Week’s LibertyBraves A
LibertyBraves C
LibertyRscsA
AegleaBioTherap
AEye
AgileThought
ContextLogic
Crexendo
Cronos
Inventiva
Investar
iSun
RelayTherap
RhinebeckBncp
Rivian
AerojetRocket
AfterNextA
OverseasShip
PGT Innovations
POSCO
BerkshireHills
BigLots
BlendLabs
AltC Acqn
New Highs and Limbach
LongboardPharm
ManhattanAssoc
Agriforce
AirTransportSvcs
AlignmentHlthcr
CrossFirstBkshs
CueHealth
CumberlandPharm
JamesRiver
JayudGlblLogistics
JupiterWellnessA
RVL Pharm
SandySpringBncp
Satellogic
Aon
ApolloStratII A
PPG Ind
PampaEnergia
PeakstoneRealty
BrandywineRealty
BrightHealth
CI&T
Lows MaquiaCapital
MarinusPharm
Masimo
AllarityTherap
AlphaTeknova
Alpine4
CuriosityStream
CVB Fin
CytoMedTherap
KearnyFinancial
KinnateBio
KornitDigital
SaverOne2014
Semtech
SentiBiosciences
AresAcqnA
AssetMarkFin
AthenaTechII A
PostHldgsA
PulteGroup
PyrophyteAcqn
Cato
CentralPacFin
ChinaGreenAg
NYSE AtlasEnergySolns
MaxeonSolar Alset CyxteraTech KronosBio ShengfengDevt RELX Cushman&Wkfd
AutoZone
MelcoResorts AltamiraTherap DarioHealth KuraOncology SHF RLI Endava

169 95
BWX Tech
MercadoLibre AltisourcePortf Datasea LakelandFin ShiftPixy RaytheonTech EnergyVault
BadgerMeter
MeritMedical AmerantBncpA DigitalAlly Latham ShoreBancshares RentokilInit Enviva
Bladex
New Highs New Lows MontereyBioAcqn AmerisBancorp DigitalBrands Leafly SidusSpace RestaurantBrands EquitransMdstm
BanyanAcqnA
MontereyCapA AmesNational DimeCommBcshs LeeEnterprises SierraBancorp SAP FB Financial
BellRing
Nasdaq NatlInstruments AmNtlBcsh DISH Network Lilium SilenceTherap SDCLEDGEAcqn FathomDigital
BostonSci
NewburyStreetA Amyris DLH Holdings LordstownMotors SimmonsFirstNat Salesforce Fisker
BoydGaming

231 452
NewProvidenceII A ApollomicsA Dogness LuokungTech SingularGenomics Samsara FlotekIndustries
BuildersFirst SimpsonMfg
NVIDIA AppHarvest DZS LutherBurbank SmartforLife GlacierBancorp
BurfordCapital SkechersUSA
OcularTherapeutix AppliedMolecular E-HomeHousehold MagicEmpire SnailA GranitePointMtg
New Highs New Lows CBIZ SkylineChamp
OcuphirePharma AppliedUV EagleBancorp MagicSoftware SNDL GrayTelevision
Cemex Snap-On
Ohmyhome ApreaTherap EasternBankshares MagyarBancorp SocketMobile GuarantyBcshrs
NYSE American CenturyComm SoCopper
Opera ArbeRobotics EastsideDistilling MainStreetBcshs SoMO Bancorp Hanesbrands
Chemed SouthportAcqnA
OReillyAuto ArcadiaBiosci ECB Bancorp MainzBiomed SonnetBio HoraceMannEdu

13 18
Chipotle Stevanato
OvidTherap Arrival Edgio Mannatech Sono Hyliion
ChurchillVII A Stryker
OxbridgeAcqnA ArrowFinancial EducDev MarinSoftware SouthernFirstBcsh ICL Group
CleanHarbors StudioCity
New Highs New Lows PaloAltoNtwks AscentSolar ENDRA LifeSci MarketWise SouthPlainsFin Infosys
Clorox TaylorMorrison
ParkCity AtlisMotor Energous MercantileBank Staffing360 InnovativeIndProp
Only includes COMMON and REIT stocks Coca-Cola Femsa TeckResourcesB
PatriotTransport Atomera ENGlobal MercerIntl SteakholderFds JonesLang
ColombierAcqnA Tecnoglass
PerionNetwork aTyrPharma EnlightRenewableEn Meridian SteelConnect KenonHoldings
EngGr-Cmg C Textainer
NYSE American BELLUS Health PhoenixBiotech AudioCodes EnthusiastGaming MetaMaterials StellarBancorp LL Flooring
ConcordAcqnIII A Toll Bros
BioPlusAcqnA PioneerPwrSols AuroraCannabis EquityBcshs MGO Global StockYardsBncp Lemonade
NEW HIGHS CorpAmAirports TopBuild
BlueOceanA PonoCapitalThree AuroraMobile Erasca MicrobotMed SummitFin LumenTech
Coty TreeHouseFoods
AltisourceAsset BookingHldgs Potbelly Avinger EtaoInternational micromobility.com Sunworks MP Materials
CraneNXT TriPointe
AultDisruptive BOS BetterOnln PreformedLine AXT EuroTech MicroVision Surgalign Mytheresa
Crawford A TripleFlagPrecMtl
Chase BroadCapital PrometheusBio BankFinancial EzFill MidlandStBncp T2Biosystems MSG Ent
DRDGOLD US Xpress
ContangoOre CactusAcqn1 A ProventionBio BankFirst F5 MidPennBancorp Tantech Markforged
DeckersOutdoor Unilever
Espey CalliditasTherap PTC Therap BankofMarinBncp FaradayFuture MidWestOneFin TDH Medifast
Dole UnivInsurance
GalataAcqn CarrolsRestr QuadroAcqnOneA BankofSC FarmersNatlBanc MillenniumGrpIntl Telos MoneyLion
DrReddy'sLab Visa
GalianoGold CasellaWaste RadNet BayCom FirstBancorp ModivCare TerritorialBncp NexPointRealEst
elfBeauty VistaEnergy
HNR Acqn Certara ReataPharm BayFirstFinancial FirstBancorpNC MoleculinBiotech TexasCommBcshs NicoletBankshares
EdgewellPersonal Watsco
HorizonII A CF Acqn VIII A RemitlyGlobal BCB Bancorp FirstBancshares Momentus ThermoGenesis Ouster
EdisonIntl WaverleyCap1 A
inTEST ChainBridgeIA ReneoPharm BeasleyBroadcast FirstBank MonoparTherap ThirdCoastBcshs Owlet
EnelChile WisdomTree
NorthernStrII A CitiusPharm RevivaPharm BioCryst FirstBusey MontaukRenew Thoughtworks ProvidentFinSvcs
EroCopper WW Ent
PerspectiveTherap CitizensFinlSvc RiotPlatforms Biolase FirstFinIN MonteRosaTherap TianRuixiang RubiconTech
FairIsaac XponentialFit
TrioPetroleum CleanEarthA Sanfilippo Biomerica FirstFoundation MoolecScience TopKingWin SES AI
FederatedHermes Yum!Brands
Coca-ColaEuro Sanofi BionanoGenom FirstHawaiian MotorcarParts ToughBuiltInds SendasDistrib
NEW LOWS FomentoEconMex ZimmerBiomet
Copart SI-BONE BitdeerTech FirstInterBanc Movano TowneBank ServisFirst
AirspanNetworks FusionAcqnIIA
CorbusPharm SonimTech BitNileMetaverse FirstInternetBncp MullenAuto Transphorm NEW LOWS SOQUIMICH
AlmadenMinerals Gallagher
Corvel SpokHoldings BlinkCharging FirstWesternFin MVB Financial Trimble a.k.a.Brands SolarisOilfield
Ashford SuperMicroComp GeneralElec
Crocs BogotaFinl FlushingFin NatlEnerSvs Trupanion GreenBrickPtrs Albemarle SouthwestGas
BlueRidgeBkshs Symbotic Stem
Cvent Brainsway FNCB Bancorp Nayax TrustcoBank HCA Healthcare AlticeUSA
cbdMD TargetGlbl I A TrancntlRlty
CymaBayTherap BridgewaterBcshs FocusUniversal Netcapital Trustmark Haleon AltusPower
InnSuitesHosp TernsPharm TutorPerini
CytoMedTherap Brightcove ForesightAuto NetSolTech TwinVee Hershey AmericanWell
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ExcelFinAcqnA BuzzFeed GauchoGroup NorthfieldBanc UnivestFin IntlGameTech
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CalAmp GermanAmBncp Novonix UraniumRoyalty LambWeston
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Lennar A Barron’s 50-Stock Average
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NEW HIGHS UnitedInsurance
FirstSolar CandelTherap GlobusMaritime Old2ndBcp Uxin LeoHldgsII A rity valuation. Source: Barron's Stats
7GC A USGoldMining
ForesightAuto CanopyGrowth GMedInnov OldNatlBncp Vacasa EliLilly Apr 20 Apr 13 April Yr-to-Yr
AAON UTA Acqn A
FTAI Aviation CapStarFin GoPro OneStopSystems VCIGlobal Linde 2023 2023 2022 % Chg
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GainTherap CaraTherap GorillaTech OrbitalInfr Veradigm LiveOakCrestview S&P 500 Index 4129.79 4146.22 4393.49 –6.00
AchieveLifeSci VectivBio Barron’s 50 Index 11379.00 11355.17 11725 –2.95
GE HealthCare CaravelleIntl GossamerBio OrganiGram VerbTech LiveOakCrestA
ActivisionBliz VEON Projected quarterly earn 170.52 159.59 141.11 20.84
GlobalinkInvt CareMax GreeneCnty Orgenesis VerdeCleanFuelsA LockheedMartin
AhrenAcqnA Vertex Annualized projected earn 682.08 638.35 564.46 20.84
GoalAcqns CatalystBncp GT Biopharma OrrstownFinSvcs ViaRenewables MI Homes
AlphaStarAcqn VertexPharm Annualized projected P/E 16.68 17.79 20.8 –19.70
GoldenArrowA CathayGenBncp HanmiFinancial PacificPremBncp ViaviSolutions MSC Industrial Five-year average earn 486.93 486.93 436.57 11.54
Alphatec ViemedHealthcare
GreencityAcqn CEA Inds HanoverBancorp ParkeBancorp View MSG Ent Five-year average P/E 23.37 23.32 26.9 –12.99
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HarrowHealth CerberusCyber HarborOneBncp PCB Bancorp ViewRay MSG Sports Year-end earn 619.08 619.08 565.42 9.49
VitaCoco
Amplitech HealthStream CF Bankshares HeartlandFinUSA PCConnection VincoVentures MagellanMid Year-end P/E 18.38 18.34 20.7 –11.36
VOXX Intl
AnixaBiosci HeritageGlobal CFSB Bancorp HeritageCommerce PeapackGladFinl ViraxBiolabs Marsh&McLen Year-end earns yield, % 5.44 5.45 4.8 12.81
Wang&Lee Best grade bond yields, % 4.37 4.55 3.30 32.32
ApellisPharm HorizonSpaceI ChargeEnt Hesai PeoplesFinSvcs VislinkTech Materion
Winmark Bond yields/stock ylds, % 0.80 0.83 0.69 17.25
AquaronAcqn HuronConsulting ChinaJoJoDrug HinghamSvg Peraso WahFuEducation MaxarTech Actual year-end divs 242.75 242.31 226.17 7.33
ARBIOT InozymePharma NEW LOWS ChinaSXTPharm HomeBancorp PhioPharm Wang&Lee McDonald's Actual yr-end divs yld, % 2.13 2.13 1.93 10.58
Arcellx Insulet 1895Bancorp CIIGCapPtrsII HomeTrustBcshs Phunware WashingtonFederal Merck
ArchCapital Intapp CivistaBcshrs Hookipa PioneerBancorp
Distributions & Offerings
1stSource WashTrBcp MeritageHomes
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Astronics InvestcorpIndiaA Aceragen CNB FinPA Identiv PredictiveOncology WestportFuelSys NVR Alphatec Holdings 4,285,715 $14.00 $60,000,010
AsureSoftware IperionX ActelisNtwks CoffeeHolding IF Bancorp PreferredBankLA WeTrade NewMarket Gamida Cell Ltd 17,500,000 $1.30 $22,750,000
AtlasLithium IridiumComm AdaptHealth ColonyBankcorp IN8bio PremierFinl NorthAmConstr Immuneering 2,727,273 $11.00 $30,000,003
WholeEarthBrds
Marpai 7,400,000 $1.00 $7,400,000
AtlCoastal II A IVERICbio Addentax ComeraLifeSci IndependentBank PresidioProperty WindtreeTherap Novartis
Sidus Space 30,303,030 $0.33 $10,000,000
Augmedix IXAcqnA ADDvantage CommerceBcshrs IndependentBank Proterra Workhorse NovoNordisk TELA Bio 4,750,000 $9.50 $45,125,000
AuraFatProjectsA JayudGlblLogistics Aditxt CommScope IndLogistics QCR Holdings XcelBrands OakStreetHealth Vaxcyte 14,030,000 $41.00 $575,229,000
AvadelPharm Jiayin ADS-TEC CommunityFin IndlTechII A QuantaSing ZynerbaPharm OilDriAmerica Windtree Therapeutics 3,686,006 $2.93 $10,799,998
AvalonAcqn KrystalBiotech Adtran ComputerTask InnovizTech QurateRetailA Omnicom Source: Dealogic LLC, New York City; (212) 577-4400.
BellevueLifeSci Lantheus AdvantageSolns Concentrix Inspirato RapidMicro NYSE OnHolding
62
O T H E R VO I C E S
Low Rates Are Said
To Cause Bubbles.
It’s Not That Simple.
T
he past year has
seen a parade of
financial failures
and asset crashes.
Silicon Valley Bank
was the first bank
failure since 2020,
and the biggest since 2008. Before
that came the collapse of crypto
exchange FTX. Even luxury watches
are in free fall.
If so many assets were overvalued,
it’s natural to ask if the reason was a
decade-plus of low interest rates set by
the Federal Reserve and other central
banks. Widespread bubbles and fraud
are, in this view, a sign that monetary
policy should never have been so
loose.
Versions of the argument that low
rates lead to bubbles are made by
financial journalists and prominent
Keynesians, as well as by economists
of a more conservative bent. At the
Bank for International Settlements,
or BIS, “too low for too long” is practi-
cally a mantra. But does the story
make sense?
Yes, low interest rates mean high
asset prices. But that’s not the same
as a bubble. To the extent that an
asset represents a stream of future
payments, a lower discount rate
should raise its value.
On the other hand, asset prices
aren’t just about discounted future
income; they also incorporate a bet on
the future price of the asset itself. If
a fall in interest rates leads to a rise
in asset prices, market participants
may mistakenly expect that rise to
continue.
Another argument for why low
BARRON’S
BY J.W. rates lead to bubbles is that when
MASON income from safe assets is low, inves-
Mason is a profes- tors will “reach for yield,” bidding up
sor of economics the price of riskier assets. Investors’
at John Jay Col-
lege, City Univer- own liabilities also matter. When it’s
sity of New York, cheap and easy to borrow, an asset
and a fellow at the may be attractive that wouldn’t be
Roosevelt Institute. if financing were harder to come by.
But if low interest rates make ac-
quiring risky assets more attractive,
is that a problem? The whole goal of
rate cuts is to encourage investment
spending that wouldn’t happen if rates
were higher. As I argued recently, it
isn’t clear that business investment is
very responsive to interest rates. But
whether the effect is strong or weak,
“low interest rates cause people to buy
If the recent period of low rates was financially
destabilizing, it’s because they were different
from what was planned on.
assets they otherwise wouldn’t” is
monetary policy working as intended.
Still, intended results may have
unintended consequences. When
people are reaching for yield, the
argument goes, they are more likely
to buy into projects that turn out to
be driven by fraud, hype, or fantasy.
This last idea is often taken for
granted. But it isn’t obvious why an
environment of low yields should be
favorable to frauds. Projects with
modest expected returns are, after all,
much more common than projects
with high ones. When risk-free re-
turns are low, there should be more
legitimate higher-yielding alterna-
tives, and less need for risky long
shots. Conversely, it is the projects
that promise very high returns that
are most likely to be frauds—and
that are viable at very high rates.
Certainly this was Adam Smith’s
view. For him, speculation and fraud
weren’t arguments for high interest
rates, but reasons to prohibit them.
If legal interest rates were “so high
as 8% or 10%,” he believed, then “the
greater part of the money which was
to be lent would be lent to prodigals
and projectors, who alone would be
willing to give this high interest.”
The FTX saga is an excellent
April 24, 2023
example. At one point, Sam Bankman-
Fried—a projector and prodigal if ever
there was one—offered as much as
20% on new loans to his hedge fund,
Alameda, according to The Wall Street
Journal. It wouldn’t take low rates to
make that attractive—if he good for it.
Someone like Bankman-Fried isn’t
offering a product with low but positive
returns, attractive only when rates are
low. He was offering an expected re-
turn that, in retrospect, was in the vi-
cinity of minus 100%. Giving him your
money is a bad idea at any interest rate.
That said, there is one plausible
story in which low rates lead to dan-
gerous risk-taking. Institutions such
as insurance and pension funds have
long-term liabilities that are more or
less fixed. Their long investment
horizons mean their loss of income
from lower rates will outweigh their
capital gains. (This is one thing the
BIS gets right.) When the alternative
is insolvency, it can make sense to
choose a project where the expected
return is negative, if it offers a chance
of getting out of the hole. That’s a
common explanation for the seem-
ingly irresponsible loans made by
many savings and loans in the
1980s—faced with bankruptcy, they
“gambled for resurrection.” One can
imagine other institutions making a
similar choice.
High rates broke the S&Ls, not low
ones. But there is a common thread.
A balance sheet set up on the basis of
interest rates in some range will have
problems if they move outside it. Mod-
ern economies depend on a vast web
of payment expectations and commit-
ments stretching into the future.
Changes in interest rates change those
future payments. Whether upward or
downward, this means disappointed
expectations and broken commit-
ments.
If the recent period of low rates
was financially destabilizing, it isn’t
because rates were low. It’s because
Illustration by Doug Chayka
they were different from what was
planned on. If the Federal Reserve
is going to draw general lessons from
the bubbles that are now popping, it
should not be about the dangers of
low rates, but that of drastic and un-
expected moves in either direction. B
 April 24, 2023
MAILBAG
Send letters to Mail@Barrons.com. To be considered for
publication, correspondence must bear the writer’s name,
address, and phone number. Letters are subject to editing.
How to Sleep
Well at Night:
Bigger Banks
To the Editor:
Tellus is another good reason to avoid financial-technol-
ogy nonbanks offering superhigh interest rates way
above what’s available from traditional banks and even
seasoned fintech lenders: If it looks too good, then it isn’t
to be believed (“Money Games,” Cover Story, April 11).
Stick with the bigger banks, Treasuries, money-market
funds, and Series I savings bonds. Sleep well at night.
Kevin Larhsonn
On Barrons.com
Powell Needs a Recession
Illustration by Anthony Gerace
To the Editor:
The two-year Treasury should be closer to 5% than 4%,
but yield remains constrained by persistent demand for
the instrument (“The Markets Don’t Heed the Fed’s
Warnings. That Could Be Costly for Them,” Up & Down
Wall Street, April 14). Nobody wants to go out much fur-
ther than that. The idea that weak earnings and a falling
stock market will force the Federal Reserve to cancel the
BARRON’S
looming recession is an empty wish.
Chairman Jerome Powell is already on
the hook for one big mistake regarding
price stability. He won’t do it again. He
knows he needs a recession, has or-
dered one up, and won’t “listen to rea-
son” until his parameters are either
reached or clearly in sight.
That will take a long time.
Michael Mikita
On Barrons.com
Fun Place to Be
To the Editor:
I suspect that most retail investors, like
me, wouldn’t touch most commodity
pure plays with a barge pole (“Com-
modity ‘supercycle’ Will Take Gold and
Oil Much Higher, Strategist Says,”
Streetwise, April 14). However, as a
believer in the business of agriculture
and metals and mining and wanting
exposure to them, dancing around the
edges of, say, corn or beans or ore can
get you there. I buy everything from
Deere to Rio Tinto. That includes com-
panies that produce fertilizer, herbi-
cides, pesticides, and seed. Both Deere
and AGCO are really technology com-
panies on wheels. Then, there’s Cater-
pillar digging holes (Deere, too), rail
hauling, ships and barges moving end
user product, etc. The commodities
business is a fun place to be, for the
most part. People have to eat, whatever
the price of putting food on the table.
William Butcher
On Barrons.com
Reasonable Approach
To the Editor:
Serious economists have been noting
for some time that the annual rate of
inflation measured over the past six
months is always lower than the year-
over-year change (“The Yield Curve
and Inflation Might Be Sending a Posi-
tive Message,” The Economy, April 13).
It’s strange indeed that the Bureau of
Labor Statistics and the media report
only the year-over-year percentage
change in the consumer price index
and the month-over-month percentage
change, but nothing in between. The
Numbers by Barron’s, which breaks down the markets,
is available wherever you listen to podcasts.
month-over-month change is too noisy
to be of any use, and the year-over-
year increase (or decrease) in prices
changes too slowly—that is, it lags be-
hind far behind changes in the near-
term rate of inflation. That’s especially
problematic with inflation, which is
itself a lagging indicator to begin with.
In other words, inflation lags be-
hind the changes in the state of the real
economy. The only reasonable ap-
proach is to focus more on near-term
inflation rates, measured over six and
three months, but not less than three
months because statistical noise is too
high for the result to be reliable.
Douglas Rife
On Barrons.com
Whiff of Default
To the Editor:
A big tailwind for gold is the coming
showdown between Congress and
President Joe Biden over the debt limit
(“Gold Is Near a Record High—and
the Rally Might Not Stop There,” The
Trader, April 14). Any whiff of default
should send gold much higher. Also,
regarding the threat of the U.S. dollar
losing its reserve status, it appears
that the path of least resistance to the
value of the dollar is lower—therefore,
gold goes higher.
Michael Girardi
On Barrons.com
An Options Strategy
To the Editor:
So Steven M. Sears has found a disciple
in John Marshall, Goldman Sachs’ de-
rivatives strategist (“You Can Beat the
Market With Options—if You Use
“Stick with the bigger banks,
Treasuries, money-market funds,
and Series I savings bonds.”
Kevin Larhsonn, on Barrons.com
63
Them the Right Way,” Striking Price,
April 12). Our family office has used
Sears’ basic options strategy for years.
Our “strong point of view on stocks”
is to target long-term dividend growth
businesses that we plan to own forever.
We acquire them by selling out-of-the-
money puts on down days. That’s right,
we sell the dips, generating solid cash
on cash returns particularly during
periods of high volatility. If we acquire
the business, we get it at a lower price.
If the option expires unexecuted, we
get that nice cash return. As Sears ad-
vises, it’s just a great way to buy the
businesses you want to own. Sell calls?
Not so much, and generally only when
a business fails to increase our income.
Patrick J. Keogh
Llano, Texas
Wait for It
To the Editor:
I retired from the largest brokerage
house in the world, and I can attest
that every single financial consultant’s
main objective is to accumulate assets
under management, since that is one
way to get paid, plus commission-
oriented transactions (“Financial Ad-
visor Teams Come in Many Flavors.
How to Pick the Right One for You,”
April 14). The consultants’ mantra is to
buy and hold, regardless of how over-
valued the stock/market is. Buy and
hope has never been, nor will it ever
be, a good strategy/discipline. Buy at
the bottom and sell at the top. I believe
that we will revisit the lows of the
2020s within 12 months, and then it
will be time to back up the truck and
load up with formidable companies.
Carlos T. Baez
On Barrons.com
 M W L C 10 11 12 H G R P 4 8 3 F 2 D 6 7 9 0 A I
64 BARRON’S April 24, 2023

Award-winning
investment
excellence.
Rick Rieder leads one of the industry’s
strongest bond investing teams. He believes
in using extensive research and a risk-managed
approach that looks to consistently make a
little bit of money a lot of times.

Featured strategies:
Total Return Fund MAHQX
Strategic Income Opportunities Fund BSIIX
Global Allocation Fund MALOX

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2023 Morningstar Award

Winner for Investing Excellence
Outstanding Portfolio Manager

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investing-excellence-the2023-winners. Investing involves risk, including possible loss of principal.
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