Top weekly communication services gainers and losers: EA leads, Match Group lags

Published 1 month ago Positive
Top weekly communication services gainers and losers: EA leads, Match Group lags
Auto
[stock market]
hxdbzxy/iStock via Getty Images

Wall Street finished the week mixed amid mixed signals from Federal Reserve officials on potential interest rate cuts.

Overall, the sector, represented by the Communication Services Select Sector SPDR ETF (NYSEARCA:XLC [https://seekingalpha.com/symbol/XLC#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews]), lost 0.6% in the week, while the broader market (S&P 500) fell 0.3%.

WEEKLY TOP GAINERS

* Electronic Arts (EA [https://seekingalpha.com/symbol/EA]) gained 11.70% EA shares surged on reports of $50B deal to go private.
* The Trade Desk (TTD [https://seekingalpha.com/symbol/TTD]) advanced 6.00%
* Charter Communications (CHTR [https://seekingalpha.com/symbol/CHTR]) added 4.13%
* AppLovin (APP [https://seekingalpha.com/symbol/APP]) moved 3.12% higher
* Interpublic Group of Companies (IPG [https://seekingalpha.com/symbol/IPG]) gained 2.73%

BIGGEST WEEKLY DECLINERS

* Match Group (MTCH [https://seekingalpha.com/symbol/MTCH]) tumbled 5.89%
* Meta Platforms (META [https://seekingalpha.com/symbol/META]) slipped 4.45%
* Alphabet (GOOGL [https://seekingalpha.com/symbol/GOOGL]) fell 3.21% and (GOOG [https://seekingalpha.com/symbol/GOOG]) 3.16% Google is expected to face a second EU fine soon for violating the bloc's major tech regulations, with a draft decision underway.
* AT&T (T [https://seekingalpha.com/symbol/T]) ended the week 2.41% lower.

ETFS TO TAB THE COMMUNICATION SERVICES SECTOR INCLUDE: (NYSEARCA:XLC [https://seekingalpha.com/symbol/XLC#hasComeFromMpArticle=false#source=section%3Amain_content%7Cbutton%3Abody_link%7Cfirst_level_url%3Anews]), (VOX [https://seekingalpha.com/symbol/VOX]), (IYZ [https://seekingalpha.com/symbol/IYZ]), (RSPC [https://seekingalpha.com/symbol/RSPC]), and (XTL [https://seekingalpha.com/symbol/XTL]).