Riding A Stock Market Surge, Three Quarters Of Our Tech Stock Watch List See Price Gains In First Half Of 2019
After a roller-coaster end to 2018, stock markets in the first half of 2019 were generally been on the rise despite uncertainties about the global economy and trade tensions with China. (The roller coaster has since resumed, especially in August as recession fears have worsened.)
The Dow Jones closed the six months of trading (ended June 28) at 26,599.96, up more than 14 percent from the close of 2018. The tech-heavy Nasdaq faired even better, closing out the first half at 8006.24, up nearly 21 percent from its 2018 close.
Thirty-four of the 44 technology companies on our watch list recorded stock price increases in the first half of 2019—22 of them by double-digit amounts. Only 10 companies saw the value of their stock decline during the six-month period.
Here’s a look at who was up and who was down in the first half of 2019, starting with companies with the biggest gains in share price, based on stock closing prices on Dec. 31, 2018, and June 28, 2019.