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[WeeklyTop5Stocks] What a Rough Week!

Happy Monday everyone and welcomes to the Moo WeeklyTop5Stocks column!

Most of you have probably known that the stock market had a rough time last week, with most of the stocks fell. But if you made the correct move you can still gain in a bear market.

Here is the moomoo top 5 stock list for last week:
[WeeklyTop5Stocks] What a Rough Week!
$Apple(AAPL.US)$
Apple announced its Q4 earnings report last week. According to the report, the net profit fell by 8%, and revenue in Greater China fell by 28%. Although service and Mac sales and service revenue reached new highs, the market's response was very cold. Its stock price closed at $108.86 on Friday, marked a 5.6% fall within a week.

Mooers Comment
@John Hemphill : One thing I've learned in my 15 years of owning AAPL is that analysts forecasts are usually wrong about earnings reports and product launches. Take that as you will, but I was also up close (not insider close but close), working in the industry for 20 yrs.
[WeeklyTop5Stocks] What a Rough Week!
$NIO Inc(NIO.US)$
After the correction in the previous week, NIO's stock price soared again last week and hit historical record again. As its production capacity exceeded market expectations, NIO's stock price reached $32.2 on Thursday. On Friday, the stock price closed at $30.58, an increase of 12.59% weekly.
[WeeklyTop5Stocks] What a Rough Week!
$Tesla(TSLA.US)$
With the rise of Chinese EV companies, Tesla was facing increasingly fierce market competition. Tesla's stock continued to fall last week, and as of Friday's close, it was down 7.75%. The latest news pointed out that Tesla’s sales were the number one in the electric vehicle market, and the subsequent changed in its stock price remained to be seen.
[WeeklyTop5Stocks] What a Rough Week!
$Fastly(FSLY.US)$
Affected by the poor performance of the Q3 earnings report, Fastly continued its plunge last week. The market generally believed that its market value was severely overvalued and may ushered in a further decline. Fastly closed at $63.51 on Friday, and plunged 16.82% that week.
[WeeklyTop5Stocks] What a Rough Week!
$Workhorse(WKHS.US)$
After the surge in the middle of this year, WKHS had been in an adjustment phase and had fallen for three consecutive weeks. Last week's decline hit a new high, closing down 24.39%. Although the market remained confident in the fundamentals of WKHS, the previous surge had made its current valuation too high.

Mooers Comment
@ash ash : WKHS is a trending stock, but is it a dud or will it blow up eventually due to the nature of its business?? I’m playing the waiting game on this one, with a buy in at 20, I will have to.
[WeeklyTop5Stocks] What a Rough Week!
Here are some free and powerful tools available on Moomoo for you to find out stock movement if you want to get more timely alerts.

1, AI Monitor for traders to get real-time price movement among thousands of stocks in the market.
2, Screener used to filter stocks based on user-defined metrics.  

Now, we want to invite you to help us to pick one of the earnings call this week which you are interested most in the vote below.

We will select one of the options with more than 15 votes to sync live in the moo community to help moo families to get first-hand information. If you are interested in one of the given choices, please vote!

If you want to join other lives instead, please vote Others and leave a comment about your favorite stock.

Thank you for reading. See you next week!
Disclaimer: Moomoo Technologies Inc. is providing this content for information and educational use only. Read more
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