Stocks Drop, NN Offers Hidden Value

Several stocks, including NN, Redwire, Array, Apogee, and Winnebago, experienced a pullback in afternoon trading this week, with NNs shares dropping by 6.9%. The market jitters are seen as normal, with the S&P 500 and Nasdaq easing off record highs. Despite Nvidias 1.42% drop, investors view these dips as opportunities for solid companies. NNs stock, known for its volatility, is down 60.6% since January, trading at $1.25, 64.2% below its 52-week high. Management remains optimistic, highlighting a $720 million pipeline and 50 new programs launching in Q1 2025. Smaller players like NN may offer hidden value in the semiconductor space. Checkout Solipillow.comThe Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.