Square, Inc.’s (SQ) stock has seen relatively steady growth over the past few months, after a short-term dip in price in March 2020. The payment solutions company continues upward movement on the WhaleWisdom Heatmap, despite being negatively impacted by the current coronavirus pandemic.
Facebook Inc.’s (FB) stock has risen steadily over the past four months, outperforming the S&P 500 and rising by approximately 12.4% in comparison to the S&P’s decline of about 50 basis points. Hedge Funds were actively buying the stock in the first quarter, causing this social network company’s ranking to elevate to sixteen on the WhaleWisdom Heatmap.
Booking Holdings, Inc. (BKNG) has traveled along a rocky path in 2020. However, despite being deeply impacted by the coronavirus pandemic’s whirlwind, the online travel company was added to the WhaleWisdom Whale Index on May 18, though not yet on the WhaleWisdom Heatmap.
Baidu, Inc.’s (BIDU) stock has rebounded in recent months after a rocky start to 2020. The Chinese technology company was recently added to the WhaleWisdom Whale Index. Though not on the WhaleWisdom Heatmap, Baidu’s increasing profits and addition to the Index may indicate a potential turn around for the technology company.
Shopify, Inc. (SHOP) has seen upward momentum primarily so far in 2020, steadily outperforming the S&P 500 and rising by approximately 130.9% over the past six months, in stark comparison to the S&P 500’s loss of about 4.6%.