FCLD stock forecast, quote, news & analysis

The most notable companies in this group are Microsoft Corp (NASDAQ:MSFT), Oracle Corp (NYSE:ORCL), Salesforce (NYSE:CRM), Intuit (NASDAQ:INTU), SERVICENOW (NYSE:NOW), Workday (NASDAQ:WDAY), Atlassian Corp (NASDAQ:TEAM), Datadog (NASDAQ:DDOG), MongoDB (NASDAQ:MDB), Hewlett Packard Enterprise Company (NYSE:HPE).

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Cloud Computing Index℠. The fund normally invests at least 80% of its assets in securities included in the index and in depositary receipts representing securities included in the index. The index is designed to reflect the performance of a global universe of companies across the market capitalization spectrum that provide products or services enabling the increased adoption of cloud computing, characterized by the delivery of computing services over the internet. The fund is non-diversified.

The average market capitalization across the Fidelity Cloud Computing ETF ETF is 109.1B. The market cap for tickers in the group ranges from 1.74B to 3.15T. MSFT holds the highest valuation in this group at 3.15T. The lowest valued company is FSLY at 1.74B.

The average weekly price growth across all stocks in the Fidelity Cloud Computing ETF ETF was -1%. For the same ETF, the average monthly price growth was 7%, and the average quarterly price growth was 9%. MSTR experienced the highest price growth at 26%, while SMCI experienced the biggest fall at -24%.

The average weekly volume growth across all stocks in the Fidelity Cloud Computing ETF ETF was 6%. For the same stocks of the ETF, the average monthly volume growth was 53% and the average quarterly volume growth was 40%