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12 Communication Services Stocks Moving In Tuesday's Intraday Session
Honeywell Posts Better-Than-Expected Q1 Earnings, Joins Crown Holdings, Noble, Crane And Other Big Stocks Moving Higher On Tuesday
LZ Technology Shares Halted On Circuit Breaker To The Downside, Stock Now Down -26.3%
Progress Software Posts Upbeat Results, Joins Microvast, PVH And Other Big Stocks Moving Higher On Tuesday
U.S. stocks movement | LZMH Technology Holdings (LZMH.US) fell over 9.8%, with a total market value dropping to nearly 1.1 billion dollars.
As of the time of publication, the stock has fallen more than 9.8%, priced at $7.67.
As Trump's tariff measures are about to take effect, Citigroup states: "Growth is defense," suggesting attention be given to U.S. growth stocks.
As the tariff shock wave of "April 2nd" approaches, Citi advises investors to focus on growth stocks. In a Research Report released on March 28th, Citi stated that the investment outlook for the second quarter of 2025 is shifting from balanced to "growth-oriented." In the face of the macroeconomic risk of a "trough" and the uncertainty of Trump's tariff policy, Citi believes that "growth is defense." The report further notes to focus on growth sectors that are under pressure on valuation in Q1 but have solid fundamentals, while remaining alert to the shocks that tariffs may bring, especially in cyclical and defensive sectors. Among the growth sectors, the report highlights information technology (Semiconductors and semiconductor equipment).