The publication season for Mag7's results for Q1 2024 starts tomorrow.
And how have share prices behaved since the publication of the results for the previous quarter?
Below are the relative rates of return against the S&P500, until April 19, 2024 from the date of earnings publication for (calendar) Q4 2023 for a given company:
1) Meta +20.6% relative to S&P500,
2) Nvidia +13.2%,
3) Novo Nordisk +11.7%,
4) Amazon +8.4%,
5) Alphabet +0.9%
6) Microsoft -3.2%
7) Apple -12.98%
8) Tesla -31.3%.
More details in the attached chart and table.
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