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As Markets Rise, There Are a Couple of Companies Missing Out on the Rally

August 5, 2023
in Trade Tube
Reading Time: 1 min read
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Markets ripped into the afternoon with the Dow, S&P and the Nasdaq each making big gains. Investors appear to be betting on stabilizing oil prices — even as oil commodity prices keep falling — and even Exxon Mobil stock is bouncing off a bottom. Elsewhere, Alcoa shares are taking a hit as some investors are taking profits, coming off a strong 2014 for the company. And not every organic grocer has a good story to tell: The Fresh Market, one of the specialty grocers competing with Whole Foods, is replacing its CEO and shares are down double digits.

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