Nvidia Isn’t June’s Top Performer in the S&P 500. It’s This Cybersecurity Stock.

Nvidia Isn’t June’s Top Performer in the S&P 500. It’s This Cybersecurity Stock.

The


S&P 500

was on track to close June with a solid performance, and a cybersecurity stock has secured the top slot as the index’s top gainer during the month.

These are the best- and worst-performing stocks in the index in June through the close of trading Thursday.

The cybersecurity company is the index’s top performer, gaining 24% in June and putting it on pace for its best month since November 2023, according to Dow Jones Market Data.

Shares rose 12% on June 5, a day after CrowdStrike reported better-than-expected financial results for the fiscal first quarter ended in April. Revenue rose 34% from the year-ago period, and adjusted profit beat forecasts.

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Other top performers in June include

Carnival
,

Adobe
,

Autodesk
,

and

Oracle
.

Nvidia

—the chip stock leading the artificial-intelligence frenzy—trailed behind the top five, rising only 13% in the month.. It has soared 150% this year.

Bath & Body Works

was the index’s worst performer, falling 25%. The stock was on track for its worst month since June 2022.

Shares tumbled 13% on June 4, after the soap-and-fragrance retailer retailer beat quarterly estimates for earnings and sales but issued disappointing guidance. The company forecast second-quarter earnings of between 31 cents and 36 cents a share, while analysts had penciled in 38 cents. A year ago, the company earned 40 cents a share.

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“We believe shares grew crowded into earnings, which could explain any near-term potential give-back, but these were encouraging results, and we continue to believe BBWI’s under-earning w/ongoing progress ahead,” BMO Capital Markets analysts led by Simeon Siegel, who rate shares at Outperform with a $50 price target, wrote in a note.

The other bottom performers in June include

Walgreens Boots Alliance
,

Albemarle
,

Enphase Energy
,

and

Aptiv
.

Write to Emily Dattilo at emily.dattilo@dowjones.com

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