Tesla and EV Chip Stocks Pose Risks in Market Rally
TL;DR Summary
The stock market rally showed mixed action last week, with the Nasdaq hitting a 2023 high but ending with slim gains, while the S&P 500 and Dow Jones fell for the week. Tesla and several chip stocks, including ON Semiconductor, Axcelis Technologies, and Aehr Test Systems, are worth watching. Meanwhile, Sarepta Therapeutics' stock was halted throughout Friday's session as an FDA advisory panel discussed whether to recommend Sarepta's gene therapy for patients with Duchenne muscular dystrophy.
Topics:business#chip-stocks#on-semiconductor#sarepta-therapeutics#stock-market#stock-market-rally#tesla
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