Welcome Back!

I’m thrilled to reintroduce the Stocktwits follower count!

February 26, 2024

Happy Monday everyone!

Welcome back to Popularity & Price. I’m thrilled to reintroduce the Stocktwits follower count!

Let’s dive in…

The Russell 2000 was the only major index to close higher. Energy, consumer discretionary and tech ticked positive. Utilities, communications and real estate all tumbled >1%.

New 52-Week Highs led New Lows — 245 vs. 28.

The Best of the Best

Alvotech ($ALVO) is the best of the best. The biopharmaceutical company carried +7.74% and closed at an all-time high. On Friday, the FDA approved Alvotech // Teva’s arthritis injection to treat adult rheumatoid arthritis, juvenile idiopathic arthritis, adult psoriatic arthritis, adult ankylosing spondylitis, Crohn’s disease, adult ulcerative colitis, adult plaque psoriasis, adult hidradenitis suppurativa and adult uveitis.

Here’s the daily chart.

And weekly chart.

The Worst of the Worst

Newmont Corporation ($NEM) is the worst of the worst. The gold miner gave up -4.06% and closed at its lowest price since June 5, 2019.

Here’s the daily chart.

And weak weekly chart.

Riley’s Recommendations

Here are a few intriguing links curated by Riley…

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