Published on 13 Oct 2024 on Insider Monkey · via Yahoo Finance
Is Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH) The Top Stock With Improving...
We recently made a list of Piper Sandler’s Top Technical Stock Picks: 20 Best Stocks. In this piece, we will look at where Amphastar Pharmaceuticals, Inc. (NASDAQ:AMPH) ranks among the list of stocks with improving technical rating according to Piper Sandler.
The start of October has seen another wild swing for markets. September’s second half saw Wall Street rejoice as the Federal Reserve delivered its highly anticipated interest rate cut. After an initial muted response from markets predicated on worries that the jumbo 50 basis point rate cut might have been due to economic worries, markets soared. Between the day the rate cut was announced and at the September end, the flagship S&P index and the broader NASDAQ index gained 2.6% and 3.5%, respectively.