Progyny Inc.’s stock tumbled 31% Thursday, to put it on track for its biggest-ever one-day decline, after the provider of fertility-care benefits for employers said a “significant” client had terminated its agreement with the company.
The analyst community isn’t taking the former president’s proposal too seriously, and is instead looking at Trump’s bank-friendly first term as a guide for how investors should play a possible second Trump term.
Nvidia’s stock historically has made dramatic moves in the year after initial Fed interest-rate cuts, and it has outperformed the S&P 500 on average when looking at all rate cuts since the IPO.