As of Dec. 22, 2023, four stocks in the information technology sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
Top Wall Street analysts changed their outlook on these top names. For a complete view of all analyst rating changes, including upgrades and downgrades, please see our analyst ratings page.
Yesterday, Vital Energy, Inc. (NYSE: VTLE) disclosed the buyout of an additional working stake in producing assets related to the recent asset acquisition from Henry Energy LP, Moriah Henry Partners LLC, and Henry Resources LLC for
Carvana Co (NYSE: CVNA), an online used car seller, is one of the 20-most shorted stocks according to S3 Partners, a firm that tracks short-selling data.
U.S. stocks traded higher toward the end of trading, with the Dow Jones index gaining more than 100 points on Thursday.
The Dow traded up 0.37% to 37,218.15 while the NASDAQ rose 0.73% to 14,885.76. The S&P 500 also rose, gaining, 0.50% to 4,721.72.