Stock Index

Muted Moves, Muted News for Stocks

Stocks and Bull Run

The PYMNTS Stock Index was rather even-keeled this time around, with not much news moving the winners. The stock market rallies that took place at the end of the week were enough to lift many boats beyond pure financial firms (even speculation over bank stress tests initially worried investors.)

The largest gainer, as measured by percentage, was Everi Holdings, which added six percent on little company specific news, followed by USA Technologies, which added just under five percent, also on little that could be traced to company specific drivers.

Despite an upgrade at JPMorgan, Diebold shares sank on the week, by nearly four percent, and that came as the Monday sell side boost came to overweight from neutral for a $33 price target and the research contended that double digit price declines over the past month were unwarranted.

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