Tuesday, October 23, 2018

Top Rising and Falling Stocks Today (and Why)

I tried posting this to /r/investing yesterday, but was told this would be a better place... Here's a quick roundup of the top rising and falling stocks today (23 October 2018), as of mid-morning. This list is limited to companies with market cap >$100 million, to eliminate penny stocks rising 5000% and so forth. I also exclude VIX, short ETFs, etc, as these just reflect the market, rather than individual companies.

If this is well-received, I'll keep posting these.

Today Company Driving the stock
+12% Senseonics Biotech device company, Aetna announced they will begin working with the company
+11% Cadence Design Systems Software company, Q3 revenue/earnings beat
+10% Asbury Automotive Online car sales, Q3 revenue/earnings beat
+6% Tesla Citron (major short seller) turns bullish ahead of earnings
+5% McDonald's Q3 revenue/earnings beat
Today Company Driving the stock
-24% Astec Industries Infrastructure quipment maker, Q3 revenue/earnings miss
-16% Moelis & Company Investment bank, +9% YoY growth but earnings miss
-16% New Oriental Education Chinese education company, issued soft guidance
-14% Compass Minerals Minerals company, issued below-consensus preliminary guidance
-11% Tilray $11 billion cannabis stock, continuing to fall amidst general declines in the space


Submitted October 23, 2018 at 11:20AM by NaturalHedgehog https://ift.tt/2Ao4PwB

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