In recent months, Pacific Investment Management Co has spent more than $2 billion to snap up consumer companies that have struggled due to the cost of living crisis, surging inflation, and rising interest rates.
On Wednesday, 348 companies hit new 52-week lows.
Significant Points From Today's 52-Week Lows:
The largest company by market cap to set a new 52-week low was...
PHK is now testing its spring 2020 low. This key price support level is even more important because PHK is also testing the lower end of its up-trend channel.
This morning 792 companies reached new 52-week highs.
Points of Interest:
JPMorgan Chase (NYSE: JPM) was the largest company by market cap to set a new 52-week high.
The...
This morning 134 companies reached new 52-week highs.
Facts of Interest:
Alphabet (NASDAQ:GOOG) was the largest firm on a market cap basis to set a new 52-week high....
On May 3, 2021, PIMCO High Income Fund (NYSE:PHK) announced shareholders can expect to receive a dividend payable on June 1, 2021. The stock will then go ex-dividend 1 business...
Thursday morning saw 168 companies set new 52-week highs.
Intriguing Points:
Microsoft (NASDAQ:MSFT) was the largest company by market cap to set a new 52-week high...
PIMCO High Income Fund (NYSE:PHK) declared a dividend payable on May 3, 2021 to its shareholders as of April 1, 2021. It was also announced that shareholders of PIMCO High Income...
