XPeng & QuantumScape Are Among Top 11 Mid Cap Stocks That Performed Well Last Week (July 7-July 13): Details

Author: Lekha Gupta | July 14, 2024 01:22pm

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

1. QuantumScape Corporation (NYSE:QS) stock jumped 64.34% after the company announced it entered into an agreement with Volkswagen's battery company PowerCo to industrialize solid-state batteries.
2. Lantheus Holdings, Inc. (NASDAQ:LNTH) shares rocketed 55.93% following a CMS proposal to improve payment for Specialized Diagnostic Radiopharmaceuticals.
3. Sunrun Inc. (NASDAQ:RUN) shares increased 37.59%. as shares of companies within the broader industrial sector gained following recent CPI data.
4. Kymera Therapeutics, Inc. (NASDAQ:KYMR) shares rose 37.38% after the company announced its intention to expand Phase 2 trials for Hidradenitis Suppurativa and Atopic Dermatitis to more rapidly progress towards pivotal studies following an interim review of safety and efficacy.
5. Apogee Therapeutics, Inc. (NASDAQ:APGE) shares upped 35.68%.
6. Joby Aviation, Inc. (NYSE:JOBY) stock was up 29.10% after the company announced it successfully flew a hydrogen-electric air taxi demonstrator 523 miles, with water as the only by-product.
7. Crinetics Pharmaceuticals, Inc. (NASDAQ:CRNX) shares grew 21.18%  after JP Morgan raised its price target from $47 to $54.
8. Dyne Therapeutics, Inc. (NASDAQ:DYN) stock grew 19.75% after JP Morgan maintained an Overweight rating on the stock and raised its price target from $39 to $43.
9. Summit Therapeutics Inc (NASDAQ:SMMT) stock gained 17.24% in the last week.
10. Plug Power Inc (NASDAQ:PLUG) stock upped 16.51% as EV-related stocks gained following recent CPI Data. The Department of Energy also announced a $1.7 billion to convert 11 shuttered or at-risk auto facilities to manufacture electric vehicles and their supply chain.
11. XPeng Inc. (NYSE:XPEV) stock rose 15.56%. Shares of Chinese stocks gained following an increase in China's June exports.

Also Read

• Rivian Automotive & Baidu Are Among Top 11 Large Cap Stocks That Shined The Brightest Last Week (July 7-July 13): Are The Others In Your Portfolio?
• Netflix, Delta Air Lines And HubSpot Are Among Top 10 Large Stocks That Performed Worst This Week (July 7-July 13): Are The Others In Your Portfolio?

Photo Courtesy of QuantumScape

Posted In: APGE CRNX DYN JOBY KYMR LNTH PLUG QS RUN SMMT UP XPEV