eToro Release Hits and Misses of April

eToro Release Hits and Misses of April

in a new video shared on their twitter page, eToro has dictated their picks for the hits and misses of April. Content does not apply to US users.

The short and sweet video which is just 22 seconds long displays two separate graphs. One which is green and signalling the growth that some stocks have seen over the last month and one that is red which signals the drops other companies have suffered.

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This month’s graphs are especially interesting due to the current times we find ourselves in and all that is going on with the world corona-wise. Naturally, there are always winners and losers during these periods and so this latest insight is telling us exactly who these are.

One of the biggest winners and most interesting firms mentioned in the video is the hydrocarbon exploration company, SM Energy who saw their price rise by 263% in April. This was followed closely by the stocks of internet retail company, Overstock, whose value increased by 243%. Two very different companies but with equally impressive growth.

On the other end of the spectrum, Luckin Coffee was the biggest loser of the month, dropping by 82.85% in April. While the pharmaceutical company, Akorn also saw a drop of 68.51%. Interestingly another biggest loser of the month was Chesapeake Energy, another hydrocarbon exploration company. These dropped 45.59% in the last month.

All of these can be bought or sold at eToro now!

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