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AppFolio Flies to an All-Time High

AppFolio Flies to an All-Time High

New 52-Week Highs led New Lows — 141 vs. 12.

Riley Rosebee
March 26, 2024

Good evening.

The major indices inched lower. The Nasdaq was the biggest loser — $IXIC -0.42%.

Healthcare and financials advanced +0.3%. Utilities tumbled -1.14%.

New 52-Week Highs led New Lows — 141 vs. 12.

The Best of the Best

AppFolio ($APPF) is the best of the best. The real estate SaaS specialist surged +9.81% and closed at an all-time high.

On January 26th, the stock gapped up +28% following its Q4 earnings report.

Here’s the daily chart.

And monster monthly chart.

$APPF has 1,167 followers on Stocktwits.

Shockwave Medical ($SWAV) is a notable new high. The medical device company marched +10.04% on rumors of an acquisition by Johnson & Johnson. Here’s the WSJ with more.

Check out the daily chart.

And weekly chart.

$SWAV has 2,704 followers on Stocktwits.

MakeMyTrip ($MMYT) is a notable new high. The Indian travel company travelled +2.47% and closed at an all-time high. $MMYT is up ~50% YTD.

Here’s the daily chart.

And monster monthly chart.

$MMYT has 1,215 followers on Stocktwits.

The Worst of the Worst

NIO ($NIO) is the worst of the worst. The Chinese EV company unplugged -2.65% and closed at its lowest price since June 2020.

Here’s the daily chart.

And weak weekly chart.

$NIO has 381,123 followers on Stocktwits.

Shoals Technologies Group ($SHLS) is a notable new low. The solar component provider plunged -5.51% and closed at its lowest prince since May 2022.

Here’s the daily chart.