Skyworth Group Ltd
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Based in Hong Kong
Company profile

Skyworth Group Limited, formerly Skyworth Digital Holdings Limited is an investment holding company. The Company is principally engaged in the manufacture and sale of consumer electronic products and upstream accessories, property holding and property holding. The Company operates in six segments: television (TV) products, TV products, digital set-top boxes, liquid crystal display (LCD) modules, white appliances and property holding. Its two TV products segments are engaged in the design, manufacture and sale of televisions for the People's Republic of China (PRC) market and overseas markets. Its digital set-top boxes segment, liquid crystal display (LCD) modules segment and white appliances segment are engaged in the design, manufacture and sale of digital set-top boxes, LCD modules and white appliances, including refrigerators, washing machines and others. Its property holding segment engages in the leasing of properties.

This security is an American depositary receipt
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These high-flying stocks of 2021 dropped the most on Tuesday

6:10 am ET September 29, 2021 (MarketWatch)

By Philip van Doorn

Stocks hit especially hard include Moderna, Nvidia and Google holding company Alphabet

Updated with Sept. 28 closing prices.

The Federal Reserve's signaled policy change is having a predictable effect -- pushing stock prices lower as bond yields become more attractive.

This reverses some very strong action for U.S. stocks -- at least for a day. Below is a list of 10 stocks that had increased at least 50% for 2021 through Sept. 27, but were pulled back the most on Sept. 28.

The Dow Jones Industrial Average declined 1.6%, while the S&P 500 Index fell 2%. The Nasdaq Composite Index fared worst, tumbling 2.8%.

The yield on 10-year U.S. Treasury notes increased by 5 basis points to 1.55%. That was up from 1.33% only a week earlier.

Read: Dow skids as rising bond yields spark equity selloff

Combined, there are 523 stocks in the S&P 500 and Nasdaq-100 indexes. Among these stocks, 50 had risen at least 50% so far in 2021 through Sept. 27, excluding dividends, according to data provided by FactSet. Here are the 10 that declined the most on Sept. 28 -- actually 11 stocks, as two common-share classes of Alphabet Inc. (GOOGL)(GOOGL) are included:

Company  Price change -- Sept. 28  Price change -- 2021 through Sept. 27  Closing price -- Sept. 28  Decline from 52-week high  52-week high  Date of 52-week high 
Applied Materials Inc. AMAT  -6.9%  65.4%  $132.89  -9.0%  $146.00  04/05/2021 
APA Corp. APA  -6.7%  63.9%  $21.69  -10.7%  $24.30  06/07/2021 
ASML Holding N.V. ADR ASML  -6.6%  71.3%  $780.17  -12.9%  $895.93  09/14/2021 
Moderna Inc. MRNA  -6.0%  291.3%  $384.21  -22.8%  $497.49  08/10/2021 
Nvidia Corp. NVDA  -4.5%  65.9%  $206.90  -10.2%  $230.43  08/30/2021 
Bio-Techne Corp. TECH  -4.4%  61.1%  $488.87  -10.1%  $543.85  09/23/2021 
Fortinet Inc. FTNT  -4.2%  102.4%  $287.88  -10.6%  $322.00  09/07/2021 
Generac Holdings Inc. GNRC  -4.2%  95.2%  $425.34  -8.9%  $466.92  09/10/2021 
Alphabet Inc. Class C GOOG  -3.8%  61.5%  $2,723.68  -7.2%  $2,936.41  09/01/2021 
Alphabet Inc. Class A GOOGL  -3.7%  61.0%  $2,716.60  -7.1%  $2,925.08  09/01/2021 
Waters Corp. WAT  -3.7%  53.9%  $366.82  -14.3%  $428.22  09/08/2021 
Source: FactSet 

Click the tickers for more about each company. Click here for Tomi Kilgore's detailed guide to the wealth of information available for free on the quote page.

Don't miss: Only 47 stocks in the S&P 500 have fallen over the past year -- Wall Street predicts they will climb up to 54% in 12 months

-Philip van Doorn


(END) Dow Jones Newswires

September 29, 2021 06:10 ET (10:10 GMT)

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