Reddit, Axon, Watsco, Rivian, and Visteon Shares Are Soaring, What You Need To Know
After the July jobs report showed a 23,000 job loss versus an 80,000 gain forecast, the unemployment rate stayed at 4.1% (U.S. Bureau of Labor Statistics). Investors increased odds of a Fed rate cut, lifting growth and rate-sensitive stocks. Reddit (RDDT) rose 6.4%, Axon (AXON) 4.4%, Watsco (WSO) 2.7%, Rivian (RIVN) 4.1%, and Visteon (VC) 2.7%.




