Arm And Boeing Were Among 10 Large Cap Stocks That Shined The Brightest Last Week (June 1-June 7, 2024): Are They In Your Portfolio?

Author: Lekha Gupta | June 09, 2024 01:35pm

These large-cap stocks were the best performers in the last week. Are they in your portfolio?

Guidewire Software, Inc. (NYSE:GWRE) shares surged 14.08% after the company reported better-than-expected Q3 financial results and issued FY24 revenue guidance above estimates. Several analysts have increased their forecasts.
GFL Environmental Inc. (NYSE:GFL) shares are up 11.62% following a report suggesting the company hired a financial advisor to review two buyout offers.
CrowdStrike Holdings, Inc. (NASDAQ:CRWD) shares increased 9.36% after the company issued strong guidance. Several analysts revised their forecasts.
Arm Holdings Plc (NASDAQ:ARM) shares gained 9.26% in the last week. It soared in sympathy with NVIDIA Corp (NASDAQ:NVDA), which gained and traded near record high last week.
Illumina, Inc. (NASDAQ:ILMN) shares rose 9.16%. The Board approves spin-off of GRAIL, ‘When-Issued’ trading expected to begin on or about June 12, 2024.
Saia, Inc. (NASDAQ:SAIA) stock increased 8.31% after the company reported an 18% increase in LTL shipments per workday in April.
Elastic N.V. (NYSE:ESTC) shares escalated 7.65%.
Coherent Corp (NYSE:COHR) shares advanced 7.12% in the last week as the Board of Directors appointed Jim Anderson as the new Chief Executive Officer, effective June 3.
Palantir Technologies Inc. (NYSE:PLTR) shares gained 7.02% due to the company’s AIPCon event.
Boeing Co (NYSE:BA) share advanced 6.82% in the last week after a Reuters report that said its executives are unlikely to face criminal charges over the fatal crashes in 2018 and 2019 that resulted in the deaths of 346 individuals.