Guardant Health, Evolent Health, Charles River Laboratories, Avantor, and Lumen Stocks Trade Down, What You Need To Know
From Barchart: 2025-05-21 16:58:00
In the afternoon session, stock prices dropped as major indices fell (Nasdaq -1.3%, S&P 500 – 1.4%) due to rising Treasury yields and concerns over the federal budget’s impact on the US fiscal deficit. Weak demand at a 20-year U.S. Treasury bond auction raised investor caution. Retail giants Target and Lowe’s reported weak earnings, hinting at a potential consumer spending slowdown. Influential figures like Jamie Dimon and Steve Cohen expressed market caution. Guardant Health’s shares are volatile, up 17.2% YTD but still trading 25.4% below its 52-week high. Uncertainty prevails due to trade tensions and monetary policy concerns.
Read more at Barchart: Guardant Health, Evolent Health, Charles River Laboratories, Avantor, and Lumen Stocks Trade Down, What You Need To Know