Equities

Global Stock Indices Close Just Off Their All-Time Highs

In the US, industrials and financials lead the way, while equity implied volatility drops to the lowest level since early 2020

Published ET

MSCI ALL COUNTRY WORLD INDEX + FM | Sources: ϕpost, Refinitiv data

MSCI ALL COUNTRY WORLD INDEX + FM | Sources: ϕpost, Refinitiv data


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QUICK SUMMARY

  • Daily performance of US indices: S&P 500 up 0.12%; Nasdaq Composite down -0.01%; Wilshire 5000 up 0.26%
  • Top performing sectors: industrials up 1.37% and financials up 1.19%
  • Bottom performing sectors: utilities down -0.66% and consumer staples down -0.59%
  • Daily performance of international indices: Europe Stoxx 600 up 0.27%; China CSI 300 down -0.13%; Japan up 1.70%; UK FTSE 100 down -0.10%

VOLATILITY

  • 1-month at-the-money implied volatility on the S&P 500 at 11.7%, down from 12.4%
  • 1-month at-the-money implied volatility on the Europe Stoxx 600 at 12.1%, down from 13.0%
Sources: ϕpost, Refinitiv dataSources: ϕpost, Refinitiv data

TOP WINNERS

  • AMC Entertainment Holdings Inc (AMC), up 35.6% to $26.52 / YTD price return: +1,150.9% / 12-Month Price Range: $ 1.91-20.36 / Short interest (% of float): 19.5%; days to cover: 1.6
  • Tellurian Inc (TELL), up 22.7% to $3.89 / YTD price return: +203.9% / 12-Month Price Range: $ .68-4.39 / Short interest (% of float): 8.8%; days to cover: 3.3
  • Nikola Corporation (NKLA), up 19.2% to $15.49 / YTD price return: +1.5% / 12-Month Price Range: $ 9.37-93.99
  • Lantheus Holdings Inc (LNTH), up 16.8% to $22.78 / 12-Month Price Range: $ 10.52-24.26
  • Virgin Galactic Holdings Inc (SPCE), up 15.1% to $31.09 / YTD price return: +31.0% / 12-Month Price Range: $ 14.21-62.80 / Short interest (% of float): 23.3%; days to cover: 3.1
  • Prothena Corporation PLC (PRTA), up 14.1% to $30.43 / 12-Month Price Range: $ 9.25-28.66
  • Upstart Holdings Inc (UPST), up 13.8% to $166.83 / YTD price return: +309.4% / 12-Month Price Range: $ 22.61-165.66
  • Ocugen Inc (OCGN), up 13.7% to $8.71 / YTD price return: +376.0% / 12-Month Price Range: $ .17-18.77
  • Waterdrop Inc (WDH), up 12.7% to $8.49 / 12-Month Price Range: $ 6.85-11.77
  • Beyond Meat Inc (BYND), up 12.5% to $142.61 / YTD price return: +14.1% / 12-Month Price Range: $ 99.86-221.00

BIGGEST LOSERS

  • Embotelladora Andina SA (AKOb), down 14.2% to $11.80 / YTD price return: -21.0% / 12-Month Price Range: $ 12.00-17.36 / Short interest (% of float): 0.0%; days to cover: 3.4 (the stock is currently on the short sale restriction list)
  • NextGen Healthcare Inc (NXGN), down 13.1% to $16.26 / YTD price return: -10.9% / 12-Month Price Range: $ 9.44-23.80 (the stock is currently on the short sale restriction list)
  • Anaplan Inc (PLAN), down 12.9% to $49.61 / YTD price return: -31.0% / 12-Month Price Range: $ 41.51-86.17 / Short interest (% of float): 9.8%; days to cover: 5.4 (the stock is currently on the short sale restriction list)
  • OneConnect Financial Technology Co Ltd (OCFT), down 12.9% to $16.27 / YTD price return: -17.5% / 12-Month Price Range: $ 11.98-28.80 / Short interest (% of float): 0.8%; days to cover: 7.4 (the stock is currently on the short sale restriction list)
  • Realogy Holdings Corp (RLGY), down 10.0% to $17.49 / 12-Month Price Range: $ 5.42-19.49 / Short interest (% of float): 8.9%; days to cover: 8.0 (the stock is currently on the short sale restriction list)
  • Okta Inc (OKTA), down 9.8% to $222.40 / YTD price return: -12.5% / 12-Month Price Range: $ 166.65-294.00 (the stock is currently on the short sale restriction list)
  • Cloopen Group Holding Ltd (RAAS), down 9.1% to $9.51 / 12-Month Price Range: $ 8.37-59.00 / Short interest (% of float): 1.3%; days to cover: 2.3
  • Vimeo Inc (VMEO), down 8.8% to $40.00 / 12-Month Price Range: $ 40.38-58.00
  • Velodyne Lidar Inc (VLDR), down 8.6% to $10.01 / YTD price return: -56.1% / 12-Month Price Range: $ 8.97-32.50
  • PubMatic Inc (PUBM), down 7.9% to $31.30 / YTD price return: +11.9% / 12-Month Price Range: $ 22.42-76.96
S&P 1500 EV / SALES RatioS&P 1500 EV / EBITDA RatioS&P 1500 P/E/G Ratio

NEW IPOs ANNOUNCED OR PRICED

  • Sulzer AG-Applicator Systems / Switzerland - Industrials / Listing Exchange: Swiss Exch / Ticker: N/A / Gross proceeds (including overallotment): US$ 334.11m (offering in Swiss Franc) / Bookrunners: Not announced yet
  • Softchoice Corp / Canada - High Technology / Listing Exchange: Toronto / Ticker: SFTC / Gross proceeds (including overallotment): US$ 288.85m (offering in Canadian Dollar) / Bookrunners: Goldman Sachs Canada, TD Securities Inc
  • Silver Spike III Acquisition Corp / United States of America - Financials / Listing Exchange: NEOE / Ticker: SPKC.U / Gross proceeds (including overallotment): US$ 125.00m (offering in U.S. Dollar) / Bookrunners: Canaccord Genuity Corp, Cantor Fitzgerald Canada Corp

EQUITY FOLLOW-ONS / SECONDARY OFFERINGS

  • VICI Properties Inc / United States of America - Real Estate / Listing Exchange: New York / Ticker: VICI / Gross proceeds (including overallotment): US$ 1,000.00m (offering in U.S. Dollar) / Bookrunners: Not Applicable
  • PUMA SE / Germany - Consumer Staples / Listing Exchange: Frankfurt / Ticker: PUM / Gross proceeds (including overallotment): US$ 981.69m (offering in EURO) / Bookrunners: BNP Paribas SA, Goldman Sachs Bank Europe SE
  • Abu Dhabi National Oil Co For Distribution PJSC / United Arab Emirates - Energy and Power / Listing Exchange: Abu Dhabi / Ticker: ADNOC / Gross proceeds (including overallotment): US$ 445.16m (offering in Utd. Arab Em. Dirham) / Bookrunners: Citigroup, First Abu Dhabi Bank PJSC
  • A-Living Smart City Services Co Ltd / China - Real Estate / Listing Exchange: Hong Kong / Ticker: 03319 / Gross proceeds (including overallotment): US$ 416.85m (offering in Hong Kong Dollar) / Bookrunners: Citigroup
  • Nordnet AB / Sweden - High Technology / Listing Exchange: OMX Stock / Ticker: SAVE / Gross proceeds (including overallotment): US$ 403.76m (offering in Swedish Krona) / Bookrunners: Citigroup Global Markets Ltd, Carnegie Investment Bank AB, JP Morgan AG
  • China Risun Group Ltd / China - Materials / Listing Exchange: Hong Kong / Ticker: 1907 / Gross proceeds (including overallotment): US$ 266.04m (offering in Hong Kong Dollar) / Bookrunners: Guotai Junan Securities (Hong Kong) Ltd, Credit Agricole Corporate & Investment Bank, Haitong International Securities Co Ltd, Essence International Securities (Hong Kong) Ltd, China Tonghai Securities Ltd
  • C&C Group PLC / Republic of Ireland - Consumer Staples / Listing Exchange: London / Ticker: GCC / Gross proceeds (including overallotment): US$ 213.46m (offering in British Pound) / Bookrunners: Davy, Barclays Bank PLC, HSBC Bank PLC, Numis Securities Ltd