Market Recap – May 12th💰

by 13 May, 2022

Market Recap – May 12th

The markets were very choppy with the S&P 500 down 0.13%, the Dow Jones down 0.33%, and the NASDAQ up 0.06%. The markets are slowly starting to stabilize after digesting all of the news the world has given investors, but this is not the end. Affirm Holdings saw their shares rise by 34 percent after reporting very positive earnings, bucking the trend. GameStop rose by 10 percent, and it was halted during the day in a very nostalgic way, with meme volume flooding the stock.

I am not a financial advisor and my comments should never be taken as financial advice. Investments come with risk, so always do your research and analysis beforehand.

 

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