Magnificent Seven stocks gain ground after worst quarter in years

Magnificent Seven group of megacap stocks gain ground after individual stocks ended Q1 with biggest quarterly losses in years

Over $2.3 trillion wiped off combined market value of cohort in Q1, says Dan Coatsworth, investment analyst at AJ Bell

Tesla TSLA.O rallies 6.3%; co slumped over 35% in Q1, its worst quarter since Q3 2022 and third-worst on record

Apple AAPL.O up 0.2% after Q1 losses of over 11%, biggest quarterly loss since 2023

Nvidia NVDA.O rises 0.6%; fell 19% in Q1, worst quarter since 2022

Microsoft MSFT.O gains 1.4%; Q1's ~11% loss biggest since Q2 2022

Amazon.com AMZN.O rises 0.4% after losing ~13% in Q1, stock fell over 10% in March

Alphabet GOOGL.O up 1%, after biggest quarterly fall since Q2 2022

Meta Platforms META.O up 1.6%; stock lost nearly 14% in March and 1.5% in Q1, first quarterly loss in nearly two years

Barring META, all Mag7 stocks down YTD, with TSLA down 31.7% YTD and NVDA down ~19%

However, Mag7 still have "strong growth prospects well into the future," Coatsworth says