Mixed Results on Wall Street: Greenwave Technology Solutions Leads Sector Gains, While Forward Air Plummets

The stock market saw a mix of gainers and losers on the day. Greenwave Technology Solutions (GWAV) experienced a 21% increase in its stock price, while Serve Robotics (SERV) gained 16%. AerSale (ASLE) and Plug Power (PLUG) also had positive days with increases of 12% and 10% respectively. Vestis (VSTS) rounded out the top gainers with a 9% increase.

On the other hand, several stocks suffered losses during trading. Forward Air (FWRD) saw a significant decrease of 22% in its stock price, while Alta Equipment Group (ALTG) and BGSF (BGSF) both lost 18%. Mingteng International Corporation (MTEN) and Safe & Green Holdings Corp (SGBX) also experienced losses of 16% and 15% respectively.

In terms of sector performance, the S&P 500 Industrials Sector saw an increase of 0.7%, reaching a new high of 1059.63. The Capital Goods sector, which accounts for 69.8% of the index, also had a positive performance with an increase of 0.79% to reach a new high at 1156.81. Additionally, the Commercial & Professional Services and Transportation sectors both experienced gains, with increases of 0.4% and 0.63% respectively