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Advanced Drainage Systems Inc. (WMS:NYQ) shares down in week ending Aug. 19
The lowest share price reached in the week was $122.25 compared to a high of $130.72.
Advanced Drainage Systems Inc. in Hilliard employs 5,870 people and has reported $493,590,000 in income as of Aug. 18.
Despite a tumultuous year with the COVID-19 pandemic, the US stock market overall remained strong in 2021.
Tony Despirito at investment firm BlackRock said the U.S. stock market overall remained strong, despite the tumultuous years during the COVID-19 pandemic. “Overall, companies... beat analyst expectations on both earnings per share and revenue growth. But the latter [was] particularly strong.”
Unfortunately, 2022 proved to be a devastating year for the U.S. stock market. “This [was] an absolutely shocking year with no place to hide,” Aoifinn Devitt, Moneta's chief investment officer, said.
Rate hikes to mitigate the effects of inflation, as well as global issues related to war and the pandemic, were blamed for the downturn in the U.S. stock market and economy.
Nothing in this article is to be assumed as financial advice.
Individual companies can have several different types of shares across many stock markets. It is possible for different types of shares to see different results on the market.
| Date | Share Asking Price |
|---|---|
| Aug. 18 | $122.25 |
| Aug. 16 | $128.83 |
| Aug. 14 | $130.72 |