Key statistics
Previous close$47.04
Open$46.75
Day high$46.75
Day low$46.75
52-week high$47.04
52-week low$39.53
Market cap24.10B
Volume—
Average volume—
P/E ratio—
Forward P/E—
EPS—
Dividend yield0.00%
Market context
Why it moved
FLPSX, a Fidelity value fund with significant holdings in consumer and restaurant stocks, declined modestly as broader market sentiment softened, with portfolio holdings like The Cheesecake Factory facing valuation pressure after a notable run-up over the past year.
What is happening
Recent company-specific developments and publisher coverage.
July 16, 2026Fidelity Low-Priced Stock Fund closed up over 1%, touching a 52-week high, as the financial sector surged on blockbuster Q2 earnings from major banks and asset managers. Finance sector earnings are tracking +30.2% year-over-year with all reporting companies beating EPS estimates, while State Street beat Q2 estimates and raised its outlook. The XLF financial ETF also hovered near its 52-week high, reflecting broad sector strength driven by record trading revenues, a dealmaking boom, and a cooler-than-expected June CPI reading that reduced near-term rate hike fears.1.1831
July 15, 2026Fidelity Low-Priced Stock Fund edged up modestly, near its 52-week high, as the financial services sector benefited from a wave of blowout Q2 earnings across Wall Street. BlackRock beat estimates with iShares surpassing $6 trillion in AUM, Goldman Sachs posted record equities revenue surging 72%, and Morgan Stanley reported client assets topping $10 trillion — all tailwinds for asset managers in FLPSX's universe. A softer-than-expected June CPI reading and resilient Fed commentary further supported the broad market backdrop.0.4086
July 9, 2026Fidelity Low-Priced Stock Fund edged slightly lower, tracking broader financial sector softness as geopolitical turbulence dominated investor sentiment. Renewed U.S.-Iran hostilities—including fresh U.S. airstrikes and Iranian retaliatory strikes on Gulf allies—have stoked oil price volatility and reignited inflation fears, pressuring rate-sensitive financial stocks. With major bank Q2 earnings (JPMorgan, BofA, Citigroup, Wells Fargo) set to kick off July 14, investors are assessing whether strong expected earnings growth of ~12.7% for the Finance sector can offset macro headwinds from elevated Treasury yields and geopolitical uncertainty.-0.3014
June 30, 2026Fidelity Low-Priced Stock Fund (FLPSX) closed essentially unchanged on the final trading day of the first half of 2026, as the broader financial services sector faced headwinds from Oppenheimer's sweeping downgrades of major investment banks including Goldman Sachs and Morgan Stanley. The XLF sector ETF edged lower in after-hours trading amid the cautious bank sentiment, while the broader S&P 500 capped a standout first half — up nearly 9% — buoyed by AI optimism, a fragile US-Iran ceasefire, and resilient corporate earnings. As a diversified, actively managed small- and mid-cap value fund, FLPSX's steady performance reflects its low-turnover, valuation-focused approach amid a market environment marked by geopolitical uncertainty and sector rotation away from large-cap tech.0.1955
June 25, 2026Fidelity Low-Priced Stock Fund closed higher, benefiting from a broader recovery in financial markets following Micron Technology's blowout earnings and upbeat guidance from Qualcomm, which lifted sentiment across equities. The fund's value-oriented, diversified holdings found support as investors rotated into non-tech cyclicals and financials amid a stabilizing macro backdrop, with falling oil prices tied to the US-Iran memorandum of understanding easing inflation concerns even as the Fed, under new chair Kevin Warsh, signaled a hawkish stance.1.1241
June 24, 2026Fidelity Low-Priced Stock Fund (FLPSX) closed essentially unchanged as the broader financial sector navigated a volatile week marked by a sharp AI-driven tech selloff earlier in the week. The XLF financial sector ETF edged lower in after-hours trading, while the Federal Reserve's annual stress test confirmed resilience across major banks — a broadly supportive backdrop for diversified equity funds with financial holdings. Asset managers like BlackRock saw pressure from market volatility and shifting rate expectations, as Wall Street reassesses the pace of Fed policy amid persistent inflation concerns.0.0219
June 22, 2026Fidelity Low-Priced Stock Fund (FLPSX) edged up modestly as broader market sentiment was buoyed by easing geopolitical risks, with U.S.-Iran diplomatic progress in Switzerland driving oil prices lower and reducing the inflation risk premium. The fund's value-oriented, small- and mid-cap focus benefited from a mixed but generally constructive equity environment, even as rising Treasury yields and a hawkish Fed stance under new Chair Kevin Warsh tempered enthusiasm. Investors are now eyeing Thursday's May PCE inflation report as the next major catalyst, which could influence rate expectations and weigh on value-tilted equity strategies.0.2857
Seeking Alpha · June 19, 2026Fidelity Low-Priced Stock Fund Q1 2026 Commentary↗Seeking Alpha · February 26, 2026Fidelity Low-Priced Stock Fund Q4 2025 Commentary (FLPSX)↗Morningstar · March 7, 20233 Great Value Funds for 2023↗InvestorPlace · April 22, 2020The 7 Best Fidelity Mutual Funds to Own For Your 401k↗
