Tesla, Inc. (TSLA) continues to see fluctuating growth, aligning closely in performance with the S&P 500 in early October 2022. Both Tesla and the S&P saw a loss of approximately 12% over the past year. Hedge funds were selling the stock, and Tesla slid on the WhaleWisdom HeatMap to a rank of eighteen from two.
Adobe, Inc. (ADBE) continues to shadow the S&P 500 as it navigates a volatile market. The first nine months of 2022 have been challenging for many companies and investors. Adobe underperformed the S&P, seeing negative growth of approximately 51% as of September 29, 2022, while the S&P declined about 15% over the past year. Hedge funds were selling the stock in the second quarter, though the stock rose on the WhaleWisdom Heatmap to a rank of six from eighteen.
HCA Healthcare, Inc. (HCA) experienced stock fluctuation over the past year but has seen growth in recent months. HCA’s stock underperformed the S&P 500, falling by approximately 21% year-to-date compared to the S&P’s loss of about 10%. However, hedge funds were buying, and the health care services company was added to the WhaleWisdom Whale 100 Index on August 16, 2022.
S&P Global Inc. (SPGI) has navigated volatility amid rising inflation rates and geopolitical factors affecting the market over the past year. Ultimately, the stock has closely shadowed the S&P 500’s performance and recently made its mark on the WhaleWisdom Heatmap with a rank of four. While S&P Global saw improvement in recent months, overall, its price has declined about 20% year-to-date compared to the S&P 500’s loss of approximately 10% as of September 15, 2022.
Netflix, Inc. (NFLX) saw a decline in value over the past year, and the stock significantly underperformed the S&P 500. Despite rising on the WhaleWisdom Heatmap to nine, hedge funds have been actively selling shares. Netflix’s stock declined by over 70% as of September 8, 2022, compared to the S&P 500’s less severe loss of around 12%.