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In early trading on Monday, GlobalFoundries’ shares rose by 4.2%, making it the best performing component of the Nasdaq 100 index. Year to date, the company has seen a decline of approximately 2.9% in its stock value.
Conversely, MicroStrategy was the worst performer on the Nasdaq 100, dropping 8.3% on the day and 9.1% year to date. Other notable movements included Applovin, down 7.6%, and Biogen, up 3.4%.
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