The DAX Index has pulled back in the past few months as the recent momentum in global stocks pulled back. It dropped to a low of €23,180, its lowest level since June 22, and is hovering at its lowest level since June 23rd. This article explores some of the top companies dragging the index. Adidas
The Adidas share price has been in a strong downward trend in the past few months, making it the top laggard in the DAX Index. It plunged to a low of €153.90, down by over 41% from its highest point this year. This crash has brought its market cap from a peak of €47 billion
The XRP price remained under pressure in the past few months as investors dumped Bitcoin and most altcoins. Ripple dropped below $2.20 on Wednesday, down sharply from the year-to-date high of $3.6565. So, is it safe to buy the dip as XRP ETF inflows rise? XRP ETF inflows are continuing The XRP price has retreated
Wix’s stock price has crashed to a bear market this year, as it has crashed by over 48% from its highest level this year, as concerns about its growth and the emerging competition rise. It was trading at $126 on Wednesday, with its market capitalization remaining at $7 billion, down from the year-to-date high of
Nvidia stock price has pulled back in the past two weeks, moving from the year-to-date high of $212 to $180. This retreat will either accelerate or reverse once the company publishes its financial results later today. Nvidia will likely publish strong results Wall Street analysts are highly optimistic about the upcoming Nvidia earnings. Data compiled
XPeng stock price crashed by over 10% on Monday and officially moved into a bear market after crashing by over 20% from its highest level this year. This crash happened after the company published strong financial results, but warned about its growth amid soaring competition in China. XPEV was trading at $22, with its market
The crypto market crash continued on Tuesday, with Bitcoin plunging below the important support level at $90,000. Most altcoins were in the red, with their market capitalization falling to $3..07 trillion from $4.27 trillion in October. Reasons for the ongoing crypto market crash There are a few reasons why the crypto market crash is happening.
Robinhood stock price has pulled back in the past few days, moving from this month’s high of $150 to the current $115. It has formed a risky pattern, pointing to more downside in the coming weeks as the crypto market retreat continues. Robinhood stock faces potential risks ahead Robinhood stock has done well this year
Nio stock price has pulled back in the past few months, moving from a high of $8 in October to the current $6. It has dropped below 24% from the year-to-date high, bringing its market capitalization to $12 billion from $15.35 billion in October. Nio’s business is doing well as demand rises Nio, a top
Baidu stock price has come under pressure in the past few weeks, moving from the year-to-date high of $150 in October to the current $113. This pullback has brought its market capitalization from ~$50 billion to ~$40 billion today. So, will the stock rebound after its earnings later on Tuesday? Why Baidu stock price slipped